iMGP Berkshire Dividend Growth ETF (BDVG) Performance
BDVG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +20.5% since Dec 31, 2025
- 1 year
- +21.8% total return
- 3 years
- +19.4% a year
- Since first price
- +14.8% a year since 2023
BDVG trailing returns vs SPY, QQQ, AGG
| Period | BDVG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.0% | +2.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.1% | +3.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +14.0% | +13.2% | +7.8% | +8.4% | −1.5% |
| YTD | +20.5% | +19.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.8% | +20.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.3%+19.4%/yr | +62.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 30, 2023 | +58.2%+14.8%/yr | +49.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BDVG vs SPY
From Jun 30, 2023: BDVG grew to $15,821, SPY to $17,840.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BDVG returns by calendar year
2 of 2 full years positive. Best 2025 (+13.8%), worst 2024 (+11.7%). 2026 is year to date.
BDVG annual returns table
| Year | BDVG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +20.5% | −6.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.8% | −13.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.7% | −6.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BDVG largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 29, 2024 | −14.5% | Apr 8, 2025 | Jul 1, 2025 | 4 months | 7 months |
| Jul 25, 2023 | −11.5% | Oct 27, 2023 | Dec 26, 2023 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BDVG risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +16.7% | +13.6% |
| Volatility (annualized) | 10.6% | 10.9% |
| Sharpe ratio | 1.10 | 0.82 |
| Sortino ratio | 1.80 | 1.28 |
| Best month | +6.0% | +6.0% |
| Worst month | −5.8% | −5.8% |
| Best 12 months | +25.0% | +25.0% |
| Worst 12 months | +5.6% | +5.6% |
| Positive months | 72% | 69% |
| Beta vs S&P 500 | 0.66 | — |
| Correlation with S&P 500 | 0.77 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BDVG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 29 | +5.6% | +13.5% | +25.0% | 100% |
| 3-year (a year) | 5 | +13.8% | +16.0% | +19.4% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BDVG performance overview
iMGP Berkshire Dividend Growth ETF (BDVG) returned +21.8% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +14.8% a year, turning $10,000 into about $15,821. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.5%, from Nov 29, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 10.9% a year.
Related: BDVG chart, BDVG holdings, BDVG dividends, BDVG valuation. See the BDVG overview for the latest quote and fund facts.
BDVG performance FAQ
What is the BDVG return over the past year?
BDVG returned +21.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.1%.
How much would $10,000 invested in BDVG be worth?
$10,000 invested in BDVG at its first recorded close on June 30, 2023 would be worth about $15,821 on October 23, 2026 with distributions reinvested.
What was the worst year for BDVG?
The worst calendar year was 2024, with a total return of +11.7%. The best was 2025 at +13.8%.
What is the biggest drawdown of BDVG?
The largest peak-to-trough decline was −14.5% between November 29, 2024 and April 8, 2025. It recovered to the old high on July 1, 2025, 3 months after the bottom.
How volatile is BDVG?
Over the past 3 years BDVG had an annualized volatility of 10.6% and a Sharpe ratio of 1.10 (excess return over 1–3 month T-bills per unit of risk).