MODL vs. BDGS
Compare and contrast key facts about Victoryshares Westend U.S. Sector ETF (MODL) and Bridges Capital Tactical ETF (BDGS).
MODL and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MODL is an actively managed fund by VictoryShares. It was launched on Oct 11, 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: MODL or BDGS.
Performance
MODL vs. BDGS - Performance Comparison
Returns By Period
In the year-to-date period, MODL achieves a 24.84% return, which is significantly higher than BDGS's 16.97% return.
MODL
24.84%
1.19%
11.39%
30.42%
N/A
N/A
BDGS
16.97%
2.70%
12.79%
18.92%
N/A
N/A
Key characteristics
| MODL | BDGS | |
|---|---|---|
| Sharpe Ratio | 2.56 | 4.10 |
| Sortino Ratio | 3.46 | 7.83 |
| Omega Ratio | 1.46 | 2.51 |
| Calmar Ratio | 3.88 | 7.50 |
| Martin Ratio | 17.05 | 45.30 |
| Ulcer Index | 1.78% | 0.39% |
| Daily Std Dev | 11.84% | 4.36% |
| Max Drawdown | -10.05% | -5.38% |
| Current Drawdown | -1.56% | -0.75% |
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MODL vs. BDGS - Expense Ratio Comparison
MODL has a 0.46% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Correlation
The correlation between MODL and BDGS is 0.72, 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.
Risk-Adjusted Performance
MODL vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) 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
MODL vs. BDGS - Dividend Comparison
MODL's dividend yield for the trailing twelve months is around 0.84%, more than BDGS's 0.72% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MODL Victoryshares Westend U.S. Sector ETF | 0.84% | 1.03% | 0.39% |
BDGS Bridges Capital Tactical ETF | 0.72% | 0.84% | 0.00% |
Drawdowns
MODL vs. BDGS - Drawdown Comparison
The maximum MODL drawdown since its inception was -10.05%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for MODL and BDGS. For additional features, visit the drawdowns tool.
Volatility
MODL vs. BDGS - Volatility Comparison
Victoryshares Westend U.S. Sector ETF (MODL) has a higher volatility of 3.84% compared to Bridges Capital Tactical ETF (BDGS) at 2.48%. This indicates that MODL'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.