ITAN vs. BDGS

Last updated Jun 4, 2026

ITAN (Sparkline Intangible Value ETF) and BDGS (Bridges Capital Tactical ETF) are both exchange-traded funds - ITAN is a Large Cap Value Equities fund actively managed by Sparkline Capital, while BDGS is a Large Cap Blend Equities fund actively managed by Bridges. Both are actively managed. Over the past 3 years, ITAN returned 23.37%/yr vs 14.06%/yr for BDGS. A 0.66 correlation means they provide meaningful diversification when combined. ITAN charges 0.50%/yr vs 0.87%/yr for BDGS.

Performance

ITAN vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sparkline Intangible Value ETF (ITAN) 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, ITAN achieves a 14.61% return, which is significantly higher than BDGS's 5.64% return.

ITAN

• 1D: -1.15%
• 1M: 7.43%
• YTD: 14.61%
• 6M: 16.38%
• 1Y: 38.08%
• 3Y*: 23.37%
• 5Y*: —
• 10Y*: —

BDGS

• 1D: -0.29%
• 1M: 1.26%
• YTD: 5.64%
• 6M: 5.65%
• 1Y: 13.85%
• 3Y*: 14.06%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITAN vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITAN Sparkline Intangible Value ETF	14.61%	20.46%	17.76%	22.51%
BDGS Bridges Capital Tactical ETF	5.64%	10.61%	19.07%	8.31%

Correlation

The correlation between ITAN and BDGS is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.66

The correlation between ITAN and BDGS has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

ITAN vs. BDGS - Sectors Allocation Comparison

Sectors	ITAN	BDGS
Technology	30.5%	37.4%
Communication Services	16.4%	16.6%
Healthcare	14.8%	7.5%
Industrials	13.8%	6.6%
Consumer Cyclical	13.6%	10.9%
Financial Services	4.6%	9.3%
Consumer Defensive	3.3%	4.1%
Basic Materials	1.6%	1.5%
Energy	0.9%	2.6%
Real Estate	0.4%	1.5%
Utilities	-	1.9%

Return for Risk

ITAN vs. BDGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITAN

ITAN Risk / Return Rank: 80
ITAN Sharpe Ratio Rank: 81
ITAN Sortino Ratio Rank: 80
ITAN Omega Ratio Rank: 75
ITAN Calmar Ratio Rank: 81
ITAN Martin Ratio Rank: 82

BDGS

BDGS Risk / Return Rank: 74
BDGS Sharpe Ratio Rank: 68
BDGS Sortino Ratio Rank: 74
BDGS Omega Ratio Rank: 78
BDGS Calmar Ratio Rank: 68
BDGS Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITAN vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sparkline Intangible Value ETF (ITAN) 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.

	ITAN	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	2.67	2.29	+0.38
Sortino ratio: Return per unit of downside risk	3.62	3.40	+0.22
Omega ratio: Gain probability vs. loss probability	1.45	1.47	-0.02
Calmar ratio: Return relative to maximum drawdown	4.24	3.45	+0.79
Martin ratio: Return relative to average drawdown	16.36	16.47	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITAN vs. BDGS - Sharpe Ratio Comparison

The current ITAN Sharpe Ratio is 2.67, which is comparable to the BDGS Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of ITAN 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.

Sharpe Ratios by Period

	ITAN	BDGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	2.29	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.76	-1.11

Drawdowns

ITAN vs. BDGS - Drawdown Comparison

The maximum ITAN drawdown since its inception was -30.41%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for ITAN and BDGS.

Drawdown Indicators

	ITAN	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-30.41%	-9.12%	-21.29%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-4.03%	-5.00%
Max Drawdown (3Y) Largest decline over 3 years	-20.47%	-9.12%	-11.35%
Current Drawdown Current decline from peak	-1.56%	-0.83%	-0.73%
Average Drawdown Average peak-to-trough decline	-7.62%	-0.64%	-6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	0.84%	+1.49%

Volatility

ITAN vs. BDGS - Volatility Comparison

Sparkline Intangible Value ETF (ITAN) has a higher volatility of 4.02% compared to Bridges Capital Tactical ETF (BDGS) at 1.14%. This indicates that ITAN'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.

Volatility by Period

	ITAN	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	1.14%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	4.74%	+5.68%
Volatility (1Y) Calculated over the trailing 1-year period	14.36%	6.08%	+8.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.05%	8.21%	+10.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.05%	8.21%	+10.84%

ITAN vs. BDGS - Expense Ratio Comparison

ITAN has a 0.50% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

ITAN vs. BDGS - Dividend Comparison

ITAN's dividend yield for the trailing twelve months is around 1.00%, more than BDGS's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021
BDGS Bridges Capital Tactical ETF	0.52%	0.55%	1.81%	0.84%	0.00%	0.00%
ITAN Sparkline Intangible Value ETF	1.00%	0.94%	1.14%	1.01%	0.57%	0.45%

Frequently Asked Questions

Can I hold both ITAN and BDGS in my portfolio?

ITAN and BDGS have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITAN or BDGS?

ITAN has higher volatility (4.02%) compared to BDGS (1.14%). In terms of maximum drawdown, ITAN dropped -30.41% vs BDGS's -9.12%.

Which ETF is better, ITAN or BDGS?

On 3-year performance, ITAN leads with 23.37% vs 14.06% for BDGS. On fees, ITAN is cheaper at 0.50% per year. On volatility, BDGS has been the lower-risk option at 1.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITAN or BDGS?

Over the 3-year period, ITAN has performed better with a 23.37% return vs 14.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITAN or BDGS?

ITAN is cheaper with a 0.50% expense ratio, compared with 0.87% for BDGS.

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

ITAN has the higher dividend yield at 1.00%, compared with 0.52% for BDGS.

What is the main difference between ITAN and BDGS?

ITAN is categorized as Large Cap Value Equities, while BDGS is Large Cap Blend Equities. They also come from different issuers: Sparkline Capital and Bridges. Their fees differ too: 0.50% for ITAN and 0.87% for BDGS.

Which has better risk-adjusted returns?

ITAN currently has the higher Sharpe Ratio (2.67 vs 2.29), 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.