LRND vs. BDGS
Compare and contrast key facts about IQ U.S. Large Cap R&D Leaders ETF (LRND) and Bridges Capital Tactical ETF (BDGS).
LRND and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LRND is a passively managed fund by IndexIQ that tracks the performance of the IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross. It was launched on Feb 8, 2022. 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: LRND or BDGS.
Correlation
The correlation between LRND and BDGS is 0.73, 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
LRND vs. BDGS - Performance Comparison
Key characteristics
LRND:
1.38
BDGS:
4.00
LRND:
1.88
BDGS:
7.09
LRND:
1.25
BDGS:
2.25
LRND:
1.70
BDGS:
8.75
LRND:
6.33
BDGS:
38.34
LRND:
3.21%
BDGS:
0.55%
LRND:
14.76%
BDGS:
5.24%
LRND:
-25.43%
BDGS:
-5.38%
LRND:
-0.17%
BDGS:
-0.02%
Returns By Period
In the year-to-date period, LRND achieves a 4.18% return, which is significantly higher than BDGS's 2.70% return.
LRND
4.18%
3.17%
11.34%
18.57%
N/A
N/A
BDGS
2.70%
1.60%
9.74%
20.89%
N/A
N/A
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LRND vs. BDGS - Expense Ratio Comparison
LRND has a 0.14% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
LRND vs. BDGS — Risk-Adjusted Performance Rank
LRND
BDGS
LRND vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ U.S. Large Cap R&D Leaders ETF (LRND) 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
LRND vs. BDGS - Dividend Comparison
LRND's dividend yield for the trailing twelve months is around 0.93%, less than BDGS's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
LRND IQ U.S. Large Cap R&D Leaders ETF | 0.93% | 0.97% | 1.22% | 1.32% |
BDGS Bridges Capital Tactical ETF | 1.76% | 1.81% | 0.84% | 0.00% |
Drawdowns
LRND vs. BDGS - Drawdown Comparison
The maximum LRND drawdown since its inception was -25.43%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for LRND and BDGS. For additional features, visit the drawdowns tool.
Volatility
LRND vs. BDGS - Volatility Comparison
IQ U.S. Large Cap R&D Leaders ETF (LRND) has a higher volatility of 3.15% compared to Bridges Capital Tactical ETF (BDGS) at 1.25%. This indicates that LRND'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.