Correlation
The correlation between FEX and BDGS is 0.79, 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.
FEX vs. BDGS
Compare and contrast key facts about First Trust Large Cap Core AlphaDEX Fund (FEX) and Bridges Capital Tactical ETF (BDGS).
FEX and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEX is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Large Cap Core Index. It was launched on May 8, 2007. 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: FEX or BDGS.
Performance
FEX vs. BDGS - Performance Comparison
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Key characteristics
FEX:
0.59
BDGS:
1.47
FEX:
0.80
BDGS:
2.33
FEX:
1.11
BDGS:
1.42
FEX:
0.46
BDGS:
1.85
FEX:
1.55
BDGS:
8.65
FEX:
5.74%
BDGS:
1.95%
FEX:
18.55%
BDGS:
11.54%
FEX:
-58.81%
BDGS:
-9.12%
FEX:
-6.36%
BDGS:
-0.77%
Returns By Period
In the year-to-date period, FEX achieves a 0.97% return, which is significantly lower than BDGS's 1.92% return.
FEX
0.97%
4.56%
-6.03%
10.80%
8.70%
13.86%
9.80%
BDGS
1.92%
2.09%
2.74%
16.85%
N/A
N/A
N/A
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FEX vs. BDGS - Expense Ratio Comparison
FEX has a 0.59% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
FEX vs. BDGS — Risk-Adjusted Performance Rank
FEX
BDGS
FEX vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Core AlphaDEX Fund (FEX) 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.
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Dividends
FEX vs. BDGS - Dividend Comparison
FEX's dividend yield for the trailing twelve months is around 1.26%, less than BDGS's 1.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEX First Trust Large Cap Core AlphaDEX Fund | 1.26% | 1.18% | 1.38% | 1.61% | 0.80% | 1.20% | 1.32% | 1.34% | 1.07% | 1.29% | 1.33% | 1.30% |
BDGS Bridges Capital Tactical ETF | 1.78% | 1.81% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEX vs. BDGS - Drawdown Comparison
The maximum FEX drawdown since its inception was -58.81%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for FEX and BDGS.
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Volatility
FEX vs. BDGS - Volatility Comparison
First Trust Large Cap Core AlphaDEX Fund (FEX) has a higher volatility of 4.68% compared to Bridges Capital Tactical ETF (BDGS) at 1.24%. This indicates that FEX'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.
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