PRMN vs. BDGS
Compare and contrast key facts about Planrock Market Neutral Income ETF (PRMN) and Bridges Capital Tactical ETF (BDGS).
PRMN and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRMN is an actively managed fund by PlanRock. It was launched on Dec 18, 2023. 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: PRMN or BDGS.
Correlation
The correlation between PRMN and BDGS is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PRMN vs. BDGS - Performance Comparison
Key characteristics
PRMN:
-0.25
BDGS:
3.97
PRMN:
-0.30
BDGS:
7.04
PRMN:
0.95
BDGS:
2.23
PRMN:
-0.33
BDGS:
8.70
PRMN:
-0.68
BDGS:
38.12
PRMN:
3.18%
BDGS:
0.55%
PRMN:
8.68%
BDGS:
5.24%
PRMN:
-6.50%
BDGS:
-5.38%
PRMN:
-6.50%
BDGS:
-0.09%
Returns By Period
In the year-to-date period, PRMN achieves a -1.20% return, which is significantly lower than BDGS's 2.62% return.
PRMN
-1.20%
-1.21%
-1.79%
-2.47%
N/A
N/A
BDGS
2.62%
0.22%
9.20%
20.60%
N/A
N/A
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PRMN vs. BDGS - Expense Ratio Comparison
PRMN has a 1.30% expense ratio, which is higher than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
PRMN vs. BDGS — Risk-Adjusted Performance Rank
PRMN
BDGS
PRMN vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Planrock Market Neutral Income ETF (PRMN) 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
PRMN vs. BDGS - Dividend Comparison
PRMN's dividend yield for the trailing twelve months is around 4.51%, more than BDGS's 1.76% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
PRMN Planrock Market Neutral Income ETF | 4.51% | 4.46% | 0.00% |
BDGS Bridges Capital Tactical ETF | 1.76% | 1.81% | 0.84% |
Drawdowns
PRMN vs. BDGS - Drawdown Comparison
The maximum PRMN drawdown since its inception was -6.50%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for PRMN and BDGS. For additional features, visit the drawdowns tool.
Volatility
PRMN vs. BDGS - Volatility Comparison
Planrock Market Neutral Income ETF (PRMN) has a higher volatility of 2.73% compared to Bridges Capital Tactical ETF (BDGS) at 0.62%. This indicates that PRMN'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.