OVLH vs. BDGS
Compare and contrast key facts about Overlay Shares Hedged Large Cap Equity ETF (OVLH) and Bridges Capital Tactical ETF (BDGS).
OVLH and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OVLH is an actively managed fund by Liquid Strategies. It was launched on Jan 14, 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: OVLH or BDGS.
Correlation
The correlation between OVLH and BDGS is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OVLH vs. BDGS - Performance Comparison
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Key characteristics
OVLH:
5.29%
BDGS:
4.27%
OVLH:
-0.43%
BDGS:
-0.37%
OVLH:
-0.13%
BDGS:
0.00%
Returns By Period
OVLH
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BDGS
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OVLH vs. BDGS - Expense Ratio Comparison
OVLH has a 0.78% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
OVLH vs. BDGS — Risk-Adjusted Performance Rank
OVLH
BDGS
OVLH vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Overlay Shares Hedged Large Cap Equity ETF (OVLH) 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
OVLH vs. BDGS - Dividend Comparison
OVLH has not paid dividends to shareholders, while BDGS's dividend yield for the trailing twelve months is around 1.80%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
OVLH Overlay Shares Hedged Large Cap Equity ETF | 0.00% | 0.00% | 0.00% |
BDGS Bridges Capital Tactical ETF | 1.80% | 0.00% | 0.00% |
Drawdowns
OVLH vs. BDGS - Drawdown Comparison
The maximum OVLH drawdown since its inception was -0.43%, which is greater than BDGS's maximum drawdown of -0.37%. Use the drawdown chart below to compare losses from any high point for OVLH and BDGS. For additional features, visit the drawdowns tool.
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Volatility
OVLH vs. BDGS - Volatility Comparison
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