BDGS vs. BEEZ

Last updated Aug 2, 2026

BDGS (Bridges Capital Tactical ETF) and BEEZ (Honeytree U.S. Equity ETF) are both exchange-traded funds - BDGS is a Tactical Allocation fund actively managed by Bridges, while BEEZ is a Large Cap Blend Equities fund actively managed by Honeytree. Both are actively managed. Over the past year, BDGS returned 10.14% vs 6.75% for BEEZ. Their 0.49 correlation means their historical movements had little consistent relationship. BDGS charges 0.87%/yr vs 0.64%/yr for BEEZ.

Performance

BDGS vs. BEEZ - Performance Comparison

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

Returns By Period

In the year-to-date period, BDGS achieves a 4.35% return, which is significantly lower than BEEZ's 4.88% return.

BDGS

• 1D: 0.56%
• 1M: -0.71%
• 6M: 4.08%
• YTD: 4.35%
• 1Y: 10.14%
• 3Y*: 13.19%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.11%

BEEZ

• 1D: 0.10%
• 1M: 1.37%
• 6M: 2.94%
• YTD: 4.88%
• 1Y: 6.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDGS Bridges Capital Tactical ETF	$35.83K	$93.96K	$183.58K
BEEZ Honeytree U.S. Equity ETF	$15.43K	$11.58K	$6.77K

BDGS vs. BEEZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BDGS Bridges Capital Tactical ETF	4.35%	10.61%	19.07%	4.56%
BEEZ Honeytree U.S. Equity ETF	4.88%	5.65%	10.41%	14.04%

Correlation

The correlation between BDGS and BEEZ is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023	0.49

The correlation between BDGS and BEEZ shifts across timeframes, from 0.37 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BDGS vs. BEEZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BDGS

BDGS Risk / Return Rank: 64
BDGS Sharpe Ratio Rank: 59
BDGS Sortino Ratio Rank: 64
BDGS Omega Ratio Rank: 66
BDGS Calmar Ratio Rank: 59
BDGS Martin Ratio Rank: 71

BEEZ

BEEZ Risk / Return Rank: 22
BEEZ Sharpe Ratio Rank: 20
BEEZ Sortino Ratio Rank: 20
BEEZ Omega Ratio Rank: 19
BEEZ Calmar Ratio Rank: 23
BEEZ Martin Ratio Rank: 25

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BDGS vs. BEEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridges Capital Tactical ETF (BDGS) and Honeytree U.S. Equity ETF (BEEZ). 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.

	BDGS	BEEZ	Difference
Sharpe ratio: Return per unit of total volatility	1.38	0.41	+0.97
Sortino ratio: Return per unit of downside risk	2.12	0.70	+1.42
Omega ratio: Gain probability vs. loss probability	1.28	1.08	+0.20
Calmar ratio: Return relative to maximum drawdown	2.04	0.67	+1.38
Martin ratio: Return relative to average drawdown	8.70	1.91	+6.79

BDGS vs. BEEZ - Sharpe Ratio Comparison

The current BDGS Sharpe Ratio is 1.38, which is higher than the BEEZ Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of BDGS and BEEZ, 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

BDGS vs. BEEZ - Drawdown Comparison

The maximum BDGS drawdown since its inception was -9.12%, smaller than the maximum BEEZ drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for BDGS and BEEZ.

Drawdown Indicators

	BDGS	BEEZ	Difference
Max Drawdown Largest peak-to-trough decline	-9.12%	-18.62%	+9.50%
Max Drawdown (1Y) Largest decline over 1 year	-4.76%	-8.41%	+3.65%
Max Drawdown (3Y) Largest decline over 3 years	-9.12%	—	—
Current Drawdown Current decline from peak	-2.03%	-0.30%	-1.73%
Average Drawdown Average peak-to-trough decline	-0.69%	-2.79%	+2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	2.94%	-1.82%

Volatility

BDGS vs. BEEZ - Volatility Comparison

The current volatility for Bridges Capital Tactical ETF (BDGS) is 3.21%, while Honeytree U.S. Equity ETF (BEEZ) has a volatility of 4.52%. This indicates that BDGS experiences smaller price fluctuations and is considered to be less risky than BEEZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDGS	BEEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	4.52%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	6.11%	10.41%	-4.30%
Volatility (1Y) Calculated over the trailing 1-year period	7.06%	13.61%	-6.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.30%	15.06%	-6.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.30%	15.06%	-6.76%

BDGS vs. BEEZ - Expense Ratio Comparison

BDGS has a 0.87% expense ratio, which is higher than BEEZ's 0.64% expense ratio.

Dividends

BDGS vs. BEEZ - Dividend Comparison

BDGS's dividend yield for the trailing twelve months is around 0.53%, which matches BEEZ's 0.53% yield.

Position	TTM	2025	2024	2023
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%
BEEZ Honeytree U.S. Equity ETF	0.53%	0.56%	0.61%	0.19%

Frequently Asked Questions

Can I hold both BDGS and BEEZ in my portfolio?

BDGS and BEEZ have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BDGS or BEEZ?

BEEZ has higher volatility (4.52%) compared to BDGS (3.21%). In terms of maximum drawdown, BDGS dropped -9.12% vs BEEZ's -18.62%.

Which ETF is better, BDGS or BEEZ?

On 1-year performance, BDGS leads with 10.14% vs 6.75% for BEEZ. On fees, BEEZ is cheaper at 0.64% per year. On volatility, BDGS has been the lower-risk option at 3.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BDGS or BEEZ?

Over the 1-year period, BDGS has performed better with a 10.14% return vs 6.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BDGS or BEEZ?

BEEZ is cheaper with a 0.64% expense ratio, compared with 0.87% for BDGS.

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

BDGS and BEEZ have nearly identical dividend yields, around 0.53%.

What is the main difference between BDGS and BEEZ?

BDGS is categorized as Tactical Allocation, while BEEZ is Large Cap Blend Equities. They also come from different issuers: Bridges and Honeytree. Their fees differ too: 0.87% for BDGS and 0.64% for BEEZ.

Which has better risk-adjusted returns?

BDGS currently has the higher Sharpe Ratio (1.38 vs 0.41), 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.