AVIE vs. BDGS

Last updated Jun 24, 2026

AVIE (Avantis Inflation Focused Equity ETF) and BDGS (Bridges Capital Tactical ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, AVIE returned 13.16%/yr vs 13.42%/yr for BDGS. At a 0.28 correlation, their price movements are largely independent. AVIE charges 0.25%/yr vs 0.87%/yr for BDGS.

Performance

AVIE vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and Bridges Capital Tactical ETF (BDGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIE achieves a 13.10% return, which is significantly higher than BDGS's 4.21% return.

AVIE

• 1D: 0.74%
• 1M: -1.10%
• YTD: 13.10%
• 6M: 12.71%
• 1Y: 23.20%
• 3Y*: 13.16%
• 5Y*: —
• 10Y*: —

BDGS

• 1D: -0.33%
• 1M: -1.13%
• YTD: 4.21%
• 6M: 3.97%
• 1Y: 11.63%
• 3Y*: 13.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVIE vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVIE Avantis Inflation Focused Equity ETF	13.10%	11.37%	6.17%	7.55%
BDGS Bridges Capital Tactical ETF	4.21%	10.61%	19.07%	8.23%

Correlation

The correlation between AVIE and BDGS is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.28

Over the past year, the correlation between AVIE and BDGS has dropped to 0.01 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.

AVIE vs. BDGS - Sectors Allocation Comparison

Sectors	AVIE	BDGS
Energy	30.1%	2.6%
Healthcare	26.3%	7.5%
Consumer Defensive	17.1%	4.1%
Financial Services	15.0%	9.3%
Basic Materials	9.8%	1.5%
Industrials	1.1%	6.6%
Real Estate	0.1%	1.5%
Utilities	0.1%	1.9%
Consumer Cyclical	0.1%	10.9%
Technology	0.1%	37.4%
Communication Services	-	16.6%

Return for Risk

AVIE vs. BDGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVIE

AVIE Risk / Return Rank: 80
AVIE Sharpe Ratio Rank: 79
AVIE Sortino Ratio Rank: 81
AVIE Omega Ratio Rank: 75
AVIE Calmar Ratio Rank: 87
AVIE Martin Ratio Rank: 78

BDGS

BDGS Risk / Return Rank: 62
BDGS Sharpe Ratio Rank: 56
BDGS Sortino Ratio Rank: 61
BDGS Omega Ratio Rank: 64
BDGS Calmar Ratio Rank: 61
BDGS Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVIE vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and Bridges Capital Tactical ETF (BDGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVIE	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.84	+0.50
Sortino ratio: Return per unit of downside risk	3.34	2.75	+0.59
Omega ratio: Gain probability vs. loss probability	1.41	1.37	+0.04
Calmar ratio: Return relative to maximum drawdown	4.69	2.90	+1.79
Martin ratio: Return relative to average drawdown	14.23	12.72	+1.51

AVIE vs. BDGS - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 2.34, which is comparable to the BDGS Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of AVIE and BDGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVIE vs. BDGS - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for AVIE and BDGS.

Drawdown Indicators

	AVIE	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-9.12%	-3.27%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-4.03%	-0.94%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-9.12%	-3.27%
Current Drawdown Current decline from peak	-1.66%	-2.17%	+0.51%
Average Drawdown Average peak-to-trough decline	-3.00%	-0.66%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	0.92%	+0.71%

Volatility

AVIE vs. BDGS - Volatility Comparison

Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 2.89% compared to Bridges Capital Tactical ETF (BDGS) at 2.30%. This indicates that AVIE's price experiences larger fluctuations and is considered to be riskier than BDGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	2.30%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	7.04%	5.17%	+1.87%
Volatility (1Y) Calculated over the trailing 1-year period	9.97%	6.38%	+3.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	8.22%	+4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	8.22%	+4.68%

AVIE vs. BDGS - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

AVIE vs. BDGS - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.87%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.87%	1.75%	1.89%	3.72%	0.39%
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%	0.00%

Frequently Asked Questions

Can I hold both AVIE and BDGS in my portfolio?

AVIE and BDGS have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or BDGS?

AVIE has higher volatility (2.89%) compared to BDGS (2.30%). In terms of maximum drawdown, AVIE dropped -12.39% vs BDGS's -9.12%.

Which ETF is better, AVIE or BDGS?

On 3-year performance, BDGS leads with 13.42% vs 13.16% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, BDGS has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or BDGS?

Over the 3-year period, BDGS has performed better with a 13.42% return vs 13.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or BDGS?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.87% for BDGS.

Which ETF pays a higher dividend yield, AVIE or BDGS?

AVIE has the higher dividend yield at 1.87%, compared with 0.53% for BDGS.

What is the main difference between AVIE and BDGS?

They also come from different issuers: Avantis and Bridges. Their fees differ too: 0.25% for AVIE and 0.87% for BDGS.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.34 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.