DAK vs. BDGS

Last updated Aug 1, 2026

DAK (Dakota Active Equity ETF) and BDGS (Bridges Capital Tactical ETF) are both exchange-traded funds - DAK is a Large Cap Blend Equities fund actively managed by Dakota Wealth, while BDGS is a Tactical Allocation fund actively managed by Bridges. Both are actively managed. Over the past year, DAK returned 20.52% vs 10.14% for BDGS. Their 0.76 correlation means they have sometimes moved together and sometimes differently. DAK charges 0.43%/yr vs 0.87%/yr for BDGS.

Performance

DAK vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dakota Active Equity ETF (DAK) 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, DAK achieves a 10.36% return, which is significantly higher than BDGS's 4.35% return.

DAK

• 1D: 0.74%
• 1M: 0.91%
• 6M: 9.09%
• YTD: 10.36%
• 1Y: 20.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.77%

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%

*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
DAK Dakota Active Equity ETF	$1.23K	$2.63K	$4.01K

DAK vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025
DAK Dakota Active Equity ETF	10.36%	6.75%
BDGS Bridges Capital Tactical ETF	4.35%	4.99%

Correlation

The correlation between DAK and BDGS is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.76

The correlation between DAK and BDGS has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

Return for Risk

DAK vs. BDGS — Risk / Return Rank

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

DAK

DAK Risk / Return Rank: 72
DAK Sharpe Ratio Rank: 73
DAK Sortino Ratio Rank: 72
DAK Omega Ratio Rank: 70
DAK Calmar Ratio Rank: 68
DAK Martin Ratio Rank: 78

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

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.

DAK vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dakota Active Equity ETF (DAK) 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.

	DAK	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.38	+0.30
Sortino ratio: Return per unit of downside risk	2.37	2.12	+0.25
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	2.42	2.04	+0.38
Martin ratio: Return relative to average drawdown	10.16	8.70	+1.46

DAK vs. BDGS - Sharpe Ratio Comparison

The current DAK Sharpe Ratio is 1.68, which is comparable to the BDGS Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of DAK 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

DAK vs. BDGS - Drawdown Comparison

The maximum DAK drawdown since its inception was -7.87%, smaller than the maximum BDGS drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for DAK and BDGS.

Drawdown Indicators

	DAK	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-9.12%	+1.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	-4.76%	-3.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.12%	—
Current Drawdown Current decline from peak	-0.55%	-2.03%	+1.48%
Average Drawdown Average peak-to-trough decline	-1.18%	-0.69%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	1.12%	+0.75%

Volatility

DAK vs. BDGS - Volatility Comparison

The current volatility for Dakota Active Equity ETF (DAK) is 2.91%, while Bridges Capital Tactical ETF (BDGS) has a volatility of 3.21%. This indicates that DAK experiences smaller price fluctuations and is considered to be less risky than BDGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAK	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	3.21%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	6.11%	+3.00%
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	7.06%	+4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.39%	8.30%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.39%	8.30%	+3.09%

DAK vs. BDGS - Expense Ratio Comparison

DAK has a 0.43% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

DAK vs. BDGS - Dividend Comparison

DAK's dividend yield for the trailing twelve months is around 0.75%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%
DAK Dakota Active Equity ETF	0.75%	0.42%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DAK and BDGS in my portfolio?

DAK and BDGS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DAK or BDGS?

BDGS has higher volatility (3.21%) compared to DAK (2.91%). In terms of maximum drawdown, DAK dropped -7.87% vs BDGS's -9.12%.

Which ETF is better, DAK or BDGS?

On 1-year performance, DAK leads with 20.52% vs 10.14% for BDGS. On fees, DAK is cheaper at 0.43% per year. On volatility, DAK has been the lower-risk option at 2.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DAK or BDGS?

Over the 1-year period, DAK has performed better with a 20.52% return vs 10.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DAK or BDGS?

DAK is cheaper with a 0.43% expense ratio, compared with 0.87% for BDGS.

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

DAK has the higher dividend yield at 0.75%, compared with 0.53% for BDGS.

What is the main difference between DAK and BDGS?

DAK is categorized as Large Cap Blend Equities, while BDGS is Tactical Allocation. They also come from different issuers: Dakota Wealth and Bridges. Their fees differ too: 0.43% for DAK and 0.87% for BDGS.

Which has better risk-adjusted returns?

DAK currently has the higher Sharpe Ratio (1.68 vs 1.38), 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.