JPUS vs. BDGS

Last updated Jun 24, 2026

JPUS (JPMorgan Diversified Return US Equity ETF) and BDGS (Bridges Capital Tactical ETF) are both Large Cap Blend Equities funds. JPUS is passively managed, while BDGS is actively managed. Over the past 3 years, JPUS returned 15.87%/yr vs 13.42%/yr for BDGS. A 0.50 correlation means they provide meaningful diversification when combined. JPUS charges 0.18%/yr vs 0.87%/yr for BDGS.

Performance

JPUS vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Diversified Return US Equity ETF (JPUS) 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, JPUS achieves a 12.21% return, which is significantly higher than BDGS's 4.21% return.

JPUS

• 1D: -0.54%
• 1M: 1.04%
• YTD: 12.21%
• 6M: 11.30%
• 1Y: 20.72%
• 3Y*: 15.87%
• 5Y*: 9.94%
• 10Y*: 11.73%

BDGS

• 1D: -0.33%
• 1M: -1.13%
• YTD: 4.21%
• 6M: 3.97%
• 1Y: 11.63%
• 3Y*: 13.42%
• 5Y*: —
• 10Y*: —

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

JPUS vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPUS JPMorgan Diversified Return US Equity ETF	12.21%	11.18%	13.48%	10.93%
BDGS Bridges Capital Tactical ETF	4.21%	10.61%	19.07%	8.23%

Correlation

The correlation between JPUS and BDGS is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.50

The correlation between JPUS and BDGS shifts across timeframes, from 0.36 (1 year) to 0.51 (3 years), reflecting how their relationship changes across market environments.

JPUS vs. BDGS - Sectors Allocation Comparison

Sectors	JPUS	BDGS
Technology	12.7%	37.4%
Healthcare	11.6%	7.5%
Consumer Defensive	11.0%	4.1%
Real Estate	10.5%	1.5%
Industrials	10.3%	6.6%
Utilities	9.1%	1.9%
Consumer Cyclical	8.6%	10.9%
Financial Services	7.8%	9.3%
Basic Materials	7.0%	1.5%
Energy	6.8%	2.6%
Communication Services	4.6%	16.6%

Return for Risk

JPUS vs. BDGS — Risk / Return Rank

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

JPUS

JPUS Risk / Return Rank: 65
JPUS Sharpe Ratio Rank: 64
JPUS Sortino Ratio Rank: 66
JPUS Omega Ratio Rank: 60
JPUS Calmar Ratio Rank: 64
JPUS Martin Ratio Rank: 70

BDGS

BDGS Risk / Return Rank: 62
BDGS Sharpe Ratio Rank: 56
BDGS Sortino Ratio Rank: 61
BDGS Omega Ratio Rank: 64
BDGS Calmar Ratio Rank: 61
BDGS Martin Ratio Rank: 71

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.

JPUS vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Diversified Return US Equity ETF (JPUS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JPUS	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.84	+0.14
Sortino ratio: Return per unit of downside risk	2.87	2.75	+0.12
Omega ratio: Gain probability vs. loss probability	1.35	1.37	-0.03
Calmar ratio: Return relative to maximum drawdown	3.02	2.90	+0.12
Martin ratio: Return relative to average drawdown	12.07	12.72	-0.65

JPUS vs. BDGS - Sharpe Ratio Comparison

The current JPUS Sharpe Ratio is 1.98, which is comparable to the BDGS Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of JPUS 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.

Drawdowns

JPUS vs. BDGS - Drawdown Comparison

The maximum JPUS drawdown since its inception was -38.69%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for JPUS and BDGS.

Drawdown Indicators

	JPUS	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-38.69%	-9.12%	-29.57%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	-4.03%	-2.87%
Max Drawdown (3Y) Largest decline over 3 years	-15.96%	-9.12%	-6.84%
Max Drawdown (5Y) Largest decline over 5 years	-19.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.69%	—	—
Current Drawdown Current decline from peak	-1.49%	-2.17%	+0.68%
Average Drawdown Average peak-to-trough decline	-3.81%	-0.66%	-3.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	0.92%	+0.80%

Volatility

JPUS vs. BDGS - Volatility Comparison

JPMorgan Diversified Return US Equity ETF (JPUS) has a higher volatility of 3.05% compared to Bridges Capital Tactical ETF (BDGS) at 2.30%. This indicates that JPUS'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

	JPUS	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	2.30%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	7.75%	5.17%	+2.58%
Volatility (1Y) Calculated over the trailing 1-year period	10.54%	6.38%	+4.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	8.22%	+6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	8.22%	+8.53%

JPUS vs. BDGS - Expense Ratio Comparison

JPUS has a 0.18% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

JPUS vs. BDGS - Dividend Comparison

JPUS's dividend yield for the trailing twelve months is around 2.03%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JPUS JPMorgan Diversified Return US Equity ETF	2.03%	2.27%	2.12%	2.26%	2.35%	1.67%	1.94%	2.09%	2.16%	1.25%	0.77%	0.48%

Frequently Asked Questions

Can I hold both JPUS and BDGS in my portfolio?

JPUS and BDGS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPUS or BDGS?

JPUS has higher volatility (3.05%) compared to BDGS (2.30%). In terms of maximum drawdown, JPUS dropped -38.69% vs BDGS's -9.12%.

Which ETF is better, JPUS or BDGS?

On 3-year performance, JPUS leads with 15.87% vs 13.42% for BDGS. On fees, JPUS is cheaper at 0.18% per year. On volatility, BDGS has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPUS or BDGS?

Over the 3-year period, JPUS has performed better with a 15.87% return vs 13.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPUS or BDGS?

JPUS is cheaper with a 0.18% expense ratio, compared with 0.87% for BDGS.

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

JPUS has the higher dividend yield at 2.03%, compared with 0.53% for BDGS.

What is the main difference between JPUS and BDGS?

They also come from different issuers: JPMorgan and Bridges. Their fees differ too: 0.18% for JPUS and 0.87% for BDGS.

Which has better risk-adjusted returns?

JPUS currently has the higher Sharpe Ratio (1.98 vs 1.84), 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.