DVOL vs. BDGS
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Bridges Capital Tactical ETF (BDGS).
DVOL and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVOL is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Low Volatility Index. It was launched on Sep 5, 2018. 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: DVOL or BDGS.
Correlation
The correlation between DVOL and BDGS is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DVOL vs. BDGS - Performance Comparison
Key characteristics
DVOL:
2.31
BDGS:
3.96
DVOL:
3.21
BDGS:
7.03
DVOL:
1.42
BDGS:
2.23
DVOL:
3.47
BDGS:
8.68
DVOL:
10.45
BDGS:
38.02
DVOL:
2.50%
BDGS:
0.55%
DVOL:
11.35%
BDGS:
5.25%
DVOL:
-38.26%
BDGS:
-5.38%
DVOL:
-1.81%
BDGS:
-0.15%
Returns By Period
In the year-to-date period, DVOL achieves a 5.40% return, which is significantly higher than BDGS's 2.55% return.
DVOL
5.40%
1.71%
12.58%
25.21%
9.23%
N/A
BDGS
2.55%
0.87%
9.10%
20.72%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DVOL vs. BDGS - Expense Ratio Comparison
DVOL has a 0.60% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
DVOL vs. BDGS — Risk-Adjusted Performance Rank
DVOL
BDGS
DVOL vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) 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
DVOL vs. BDGS - Dividend Comparison
DVOL's dividend yield for the trailing twelve months is around 0.64%, less than BDGS's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF | 0.64% | 0.67% | 1.28% | 1.38% | 0.47% | 0.60% | 1.80% | 0.39% |
BDGS Bridges Capital Tactical ETF | 1.77% | 1.81% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DVOL vs. BDGS - Drawdown Comparison
The maximum DVOL drawdown since its inception was -38.26%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for DVOL and BDGS. For additional features, visit the drawdowns tool.
Volatility
DVOL vs. BDGS - Volatility Comparison
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) has a higher volatility of 2.94% compared to Bridges Capital Tactical ETF (BDGS) at 1.22%. This indicates that DVOL'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.