BDGS vs. MODL
Compare and contrast key facts about Bridges Capital Tactical ETF (BDGS) and Victoryshares Westend U.S. Sector ETF (MODL).
BDGS and MODL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BDGS is an actively managed fund by Bridges. It was launched on May 10, 2023. MODL is an actively managed fund by VictoryShares. It was launched on Oct 11, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDGS or MODL.
Performance
BDGS vs. MODL - Performance Comparison
Returns By Period
In the year-to-date period, BDGS achieves a 16.97% return, which is significantly lower than MODL's 24.84% return.
BDGS
16.97%
2.70%
12.79%
18.92%
N/A
N/A
MODL
24.84%
1.19%
11.39%
30.42%
N/A
N/A
Key characteristics
| BDGS | MODL | |
|---|---|---|
| Sharpe Ratio | 4.10 | 2.56 |
| Sortino Ratio | 7.83 | 3.46 |
| Omega Ratio | 2.51 | 1.46 |
| Calmar Ratio | 7.50 | 3.88 |
| Martin Ratio | 45.30 | 17.05 |
| Ulcer Index | 0.39% | 1.78% |
| Daily Std Dev | 4.36% | 11.84% |
| Max Drawdown | -5.38% | -10.05% |
| Current Drawdown | -0.75% | -1.56% |
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BDGS vs. MODL - Expense Ratio Comparison
BDGS has a 0.85% expense ratio, which is higher than MODL's 0.46% expense ratio.
Correlation
The correlation between BDGS and MODL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BDGS vs. MODL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridges Capital Tactical ETF (BDGS) and Victoryshares Westend U.S. Sector ETF (MODL). 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.
Dividends
BDGS vs. MODL - Dividend Comparison
BDGS's dividend yield for the trailing twelve months is around 0.72%, less than MODL's 0.84% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BDGS Bridges Capital Tactical ETF | 0.72% | 0.84% | 0.00% |
MODL Victoryshares Westend U.S. Sector ETF | 0.84% | 1.03% | 0.39% |
Drawdowns
BDGS vs. MODL - Drawdown Comparison
The maximum BDGS drawdown since its inception was -5.38%, smaller than the maximum MODL drawdown of -10.05%. Use the drawdown chart below to compare losses from any high point for BDGS and MODL. For additional features, visit the drawdowns tool.
Volatility
BDGS vs. MODL - Volatility Comparison
The current volatility for Bridges Capital Tactical ETF (BDGS) is 2.48%, while Victoryshares Westend U.S. Sector ETF (MODL) has a volatility of 3.84%. This indicates that BDGS experiences smaller price fluctuations and is considered to be less risky than MODL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.