Correlation
The correlation between ITAN and BDGS is 0.78, 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.
ITAN vs. BDGS
Compare and contrast key facts about Sparkline Intangible Value ETF (ITAN) and Bridges Capital Tactical ETF (BDGS).
ITAN and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITAN is an actively managed fund by EMPIRICAL FINANCE LLC. It was launched on Jun 29, 2021. 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: ITAN or BDGS.
Performance
ITAN vs. BDGS - Performance Comparison
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Key characteristics
ITAN:
0.61
BDGS:
1.49
ITAN:
0.90
BDGS:
2.34
ITAN:
1.13
BDGS:
1.43
ITAN:
0.54
BDGS:
1.86
ITAN:
1.95
BDGS:
8.69
ITAN:
5.63%
BDGS:
1.95%
ITAN:
20.40%
BDGS:
11.54%
ITAN:
-30.41%
BDGS:
-9.12%
ITAN:
-6.13%
BDGS:
-0.62%
Returns By Period
In the year-to-date period, ITAN achieves a -0.70% return, which is significantly lower than BDGS's 2.08% return.
ITAN
-0.70%
5.56%
-4.24%
11.41%
12.14%
N/A
N/A
BDGS
2.08%
1.96%
2.66%
16.98%
N/A
N/A
N/A
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ITAN vs. BDGS - Expense Ratio Comparison
ITAN has a 0.50% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
ITAN vs. BDGS — Risk-Adjusted Performance Rank
ITAN
BDGS
ITAN vs. BDGS - Risk-Adjusted Performance 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.
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Dividends
ITAN vs. BDGS - Dividend Comparison
ITAN's dividend yield for the trailing twelve months is around 0.92%, less than BDGS's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
ITAN Sparkline Intangible Value ETF | 0.92% | 1.14% | 1.01% | 0.57% | 0.45% |
BDGS Bridges Capital Tactical ETF | 1.77% | 1.81% | 0.84% | 0.00% | 0.00% |
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.
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Volatility
ITAN vs. BDGS - Volatility Comparison
Sparkline Intangible Value ETF (ITAN) has a higher volatility of 5.21% compared to Bridges Capital Tactical ETF (BDGS) at 1.23%. 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.
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