MAGA vs. BDGS

Last updated Jun 25, 2026

MAGA (Point Bridge GOP Stock Tracker ETF) and BDGS (Bridges Capital Tactical ETF) are both Large Cap Blend Equities funds. MAGA is passively managed, while BDGS is actively managed. Over the past 3 years, MAGA returned 15.43%/yr vs 13.32%/yr for BDGS. At a 0.45 correlation, their price movements are largely independent. MAGA charges 0.72%/yr vs 0.87%/yr for BDGS.

Performance

MAGA vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Point Bridge GOP Stock Tracker ETF (MAGA) 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, MAGA achieves a 8.12% return, which is significantly higher than BDGS's 3.92% return.

MAGA

• 1D: 0.67%
• 1M: 1.99%
• YTD: 8.12%
• 6M: 6.96%
• 1Y: 13.03%
• 3Y*: 15.43%
• 5Y*: 10.22%
• 10Y*: —

BDGS

• 1D: -0.28%
• 1M: -1.40%
• YTD: 3.92%
• 6M: 3.55%
• 1Y: 10.74%
• 3Y*: 13.32%
• 5Y*: —
• 10Y*: —

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

MAGA vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGA Point Bridge GOP Stock Tracker ETF	8.12%	10.31%	14.69%	14.03%
BDGS Bridges Capital Tactical ETF	3.92%	10.61%	19.07%	8.23%

Correlation

The correlation between MAGA and BDGS is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.45

The correlation between MAGA and BDGS shifts across timeframes, from 0.27 (1 year) to 0.46 (3 years), reflecting how their relationship changes across market environments.

MAGA vs. BDGS - Sectors Allocation Comparison

Sectors	MAGA	BDGS
Industrials	22.4%	6.6%
Financial Services	14.8%	9.3%
Energy	11.4%	2.6%
Consumer Cyclical	10.4%	10.9%
Utilities	10.4%	1.9%
Consumer Defensive	7.5%	4.1%
Basic Materials	7.3%	1.5%
Real Estate	7.2%	1.5%
Healthcare	6.0%	7.5%
Technology	2.5%	37.4%
Communication Services	-	16.6%

Return for Risk

MAGA vs. BDGS — Risk / Return Rank

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

MAGA

MAGA Risk / Return Rank: 37
MAGA Sharpe Ratio Rank: 35
MAGA Sortino Ratio Rank: 36
MAGA Omega Ratio Rank: 32
MAGA Calmar Ratio Rank: 41
MAGA Martin Ratio Rank: 39

BDGS

BDGS Risk / Return Rank: 62
BDGS Sharpe Ratio Rank: 55
BDGS Sortino Ratio Rank: 60
BDGS Omega Ratio Rank: 63
BDGS Calmar Ratio Rank: 60
BDGS Martin Ratio Rank: 70

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.

MAGA vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Point Bridge GOP Stock Tracker ETF (MAGA) 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.

	MAGA	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.70	-0.55
Sortino ratio: Return per unit of downside risk	1.75	2.55	-0.80
Omega ratio: Gain probability vs. loss probability	1.20	1.34	-0.14
Calmar ratio: Return relative to maximum drawdown	1.86	2.68	-0.81
Martin ratio: Return relative to average drawdown	5.65	11.59	-5.94

MAGA vs. BDGS - Sharpe Ratio Comparison

The current MAGA Sharpe Ratio is 1.16, which is lower than the BDGS Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of MAGA 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

MAGA vs. BDGS - Drawdown Comparison

The maximum MAGA drawdown since its inception was -43.17%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for MAGA and BDGS.

Drawdown Indicators

	MAGA	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-43.17%	-9.12%	-34.05%
Max Drawdown (1Y) Largest decline over 1 year	-7.02%	-4.03%	-2.99%
Max Drawdown (3Y) Largest decline over 3 years	-17.80%	-9.12%	-8.68%
Max Drawdown (5Y) Largest decline over 5 years	-18.02%	—	—
Current Drawdown Current decline from peak	-1.16%	-2.44%	+1.28%
Average Drawdown Average peak-to-trough decline	-5.70%	-0.66%	-5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	0.93%	+1.38%

Volatility

MAGA vs. BDGS - Volatility Comparison

Point Bridge GOP Stock Tracker ETF (MAGA) has a higher volatility of 3.05% compared to Bridges Capital Tactical ETF (BDGS) at 2.30%. This indicates that MAGA'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

	MAGA	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	8.15%	5.18%	+2.97%
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	6.35%	+4.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	8.22%	+8.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	8.22%	+12.04%

MAGA vs. BDGS - Expense Ratio Comparison

MAGA has a 0.72% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

MAGA vs. BDGS - Dividend Comparison

MAGA's dividend yield for the trailing twelve months is around 1.49%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
MAGA Point Bridge GOP Stock Tracker ETF	1.49%	1.61%	1.18%	1.60%	1.33%	0.69%	2.59%	2.19%	2.14%	0.43%

Frequently Asked Questions

Can I hold both MAGA and BDGS in my portfolio?

MAGA and BDGS have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGA or BDGS?

MAGA has higher volatility (3.05%) compared to BDGS (2.30%). In terms of maximum drawdown, MAGA dropped -43.17% vs BDGS's -9.12%.

Which ETF is better, MAGA or BDGS?

On 3-year performance, MAGA leads with 15.43% vs 13.32% for BDGS. On fees, MAGA is cheaper at 0.72% 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, MAGA or BDGS?

Over the 3-year period, MAGA has performed better with a 15.43% return vs 13.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGA or BDGS?

MAGA is cheaper with a 0.72% expense ratio, compared with 0.87% for BDGS.

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

MAGA has the higher dividend yield at 1.49%, compared with 0.53% for BDGS.

What is the main difference between MAGA and BDGS?

They also come from different issuers: Point Bridge Capital and Bridges. Their fees differ too: 0.72% for MAGA and 0.87% for BDGS.

Which has better risk-adjusted returns?

BDGS currently has the higher Sharpe Ratio (1.70 vs 1.16), 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.