ERNZ vs. BDGS
Compare and contrast key facts about TrueShares Active Yield ETF (ERNZ) and Bridges Capital Tactical ETF (BDGS).
ERNZ and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERNZ is an actively managed fund by TrueShares. It was launched on Apr 30, 2024. 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: ERNZ or BDGS.
Key characteristics
| ERNZ | BDGS | |
|---|---|---|
| Daily Std Dev | 11.28% | 6.57% |
| Max Drawdown | -5.31% | -5.38% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ERNZ and BDGS is 0.55, 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
ERNZ vs. BDGS - Performance Comparison
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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ERNZ vs. BDGS - Expense Ratio Comparison
ERNZ has a 0.75% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
ERNZ vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Active Yield ETF (ERNZ) 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.
Not enough dataDividends
ERNZ vs. BDGS - Dividend Comparison
ERNZ's dividend yield for the trailing twelve months is around 2.28%, more than BDGS's 0.74% yield.
| TTM | 2023 | |
|---|---|---|
ERNZ TrueShares Active Yield ETF | 2.28% | 0.00% |
BDGS Bridges Capital Tactical ETF | 0.74% | 0.84% |
Drawdowns
ERNZ vs. BDGS - Drawdown Comparison
The maximum ERNZ drawdown since its inception was -5.31%, roughly equal to the maximum BDGS drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for ERNZ and BDGS. For additional features, visit the drawdowns tool.
Volatility
ERNZ vs. BDGS - Volatility Comparison
TrueShares Active Yield ETF (ERNZ) has a higher volatility of 2.91% compared to Bridges Capital Tactical ETF (BDGS) at 0.69%. This indicates that ERNZ'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.