CSM vs. BDGS
Compare and contrast key facts about Proshares Large Cap Core Plus (CSM) and Bridges Capital Tactical ETF (BDGS).
CSM and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSM is a passively managed fund by ProShares that tracks the performance of the Credit Suisse 130/30 Large-Cap Index. It was launched on Jul 13, 2009. BDGS is an actively managed fund by Bridges. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSM or BDGS.
Key characteristics
| CSM | BDGS | |
|---|---|---|
| YTD Return | 25.28% | 17.36% |
| 1Y Return | 35.03% | 19.14% |
| Sharpe Ratio | 2.99 | 4.37 |
| Sortino Ratio | 3.97 | 9.88 |
| Omega Ratio | 1.55 | 2.93 |
| Calmar Ratio | 4.30 | 9.40 |
| Martin Ratio | 17.84 | 58.37 |
| Ulcer Index | 2.13% | 0.38% |
| Daily Std Dev | 12.71% | 5.13% |
| Max Drawdown | -36.12% | -5.38% |
| Current Drawdown | -0.28% | -0.42% |
Correlation
The correlation between CSM and BDGS 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.
Performance
CSM vs. BDGS - Performance Comparison
In the year-to-date period, CSM achieves a 25.28% return, which is significantly higher than BDGS's 17.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CSM vs. BDGS - Expense Ratio Comparison
CSM has a 0.45% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
CSM vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Large Cap Core Plus (CSM) 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.
Dividends
CSM vs. BDGS - Dividend Comparison
CSM's dividend yield for the trailing twelve months is around 1.02%, more than BDGS's 0.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSM Proshares Large Cap Core Plus | 1.02% | 1.17% | 1.37% | 0.78% | 1.21% | 1.41% | 1.54% | 1.28% | 1.49% | 1.67% | 1.39% | 1.22% |
BDGS Bridges Capital Tactical ETF | 0.71% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CSM vs. BDGS - Drawdown Comparison
The maximum CSM drawdown since its inception was -36.12%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for CSM and BDGS. For additional features, visit the drawdowns tool.
Volatility
CSM vs. BDGS - Volatility Comparison
Proshares Large Cap Core Plus (CSM) has a higher volatility of 4.09% compared to Bridges Capital Tactical ETF (BDGS) at 2.38%. This indicates that CSM'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.