IQSU vs. BDGS
Compare and contrast key facts about IQ Candriam ESG U.S. Equity ETF (IQSU) and Bridges Capital Tactical ETF (BDGS).
IQSU and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQSU is a passively managed fund by New York Life that tracks the performance of the IQ Candriam ESG US Equity Index. It was launched on Dec 17, 2019. 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: IQSU or BDGS.
Correlation
The correlation between IQSU and BDGS is 0.77, 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
IQSU vs. BDGS - Performance Comparison
Key characteristics
IQSU:
1.56
BDGS:
4.50
IQSU:
2.08
BDGS:
8.68
IQSU:
1.28
BDGS:
2.63
IQSU:
2.17
BDGS:
8.26
IQSU:
9.22
BDGS:
48.12
IQSU:
2.13%
BDGS:
0.41%
IQSU:
12.64%
BDGS:
4.38%
IQSU:
-31.29%
BDGS:
-5.38%
IQSU:
-3.29%
BDGS:
-0.98%
Returns By Period
In the year-to-date period, IQSU achieves a 17.76% return, which is significantly lower than BDGS's 19.39% return.
IQSU
17.76%
0.26%
8.55%
18.69%
15.44%
N/A
BDGS
19.39%
2.07%
14.30%
19.56%
N/A
N/A
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IQSU vs. BDGS - Expense Ratio Comparison
IQSU has a 0.09% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
IQSU vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) 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
IQSU vs. BDGS - Dividend Comparison
IQSU's dividend yield for the trailing twelve months is around 0.79%, while BDGS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
IQSU IQ Candriam ESG U.S. Equity ETF | 0.79% | 1.15% | 1.47% | 1.07% | 0.98% | 0.06% |
BDGS Bridges Capital Tactical ETF | 0.00% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IQSU vs. BDGS - Drawdown Comparison
The maximum IQSU drawdown since its inception was -31.29%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for IQSU and BDGS. For additional features, visit the drawdowns tool.
Volatility
IQSU vs. BDGS - Volatility Comparison
IQ Candriam ESG U.S. Equity ETF (IQSU) has a higher volatility of 3.82% compared to Bridges Capital Tactical ETF (BDGS) at 1.38%. This indicates that IQSU'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.