QLTY vs. BDGS
Compare and contrast key facts about GMO U.S. Quality ETF (QLTY) and Bridges Capital Tactical ETF (BDGS).
QLTY and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLTY is an actively managed fund by GMO. It was launched on Nov 13, 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: QLTY or BDGS.
Correlation
The correlation between QLTY and BDGS is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QLTY vs. BDGS - Performance Comparison
Key characteristics
QLTY:
1.68
BDGS:
4.00
QLTY:
2.28
BDGS:
7.09
QLTY:
1.30
BDGS:
2.25
QLTY:
2.85
BDGS:
8.75
QLTY:
10.55
BDGS:
38.34
QLTY:
1.90%
BDGS:
0.55%
QLTY:
11.91%
BDGS:
5.24%
QLTY:
-7.03%
BDGS:
-5.38%
QLTY:
-0.62%
BDGS:
-0.02%
Returns By Period
In the year-to-date period, QLTY achieves a 5.22% return, which is significantly higher than BDGS's 2.70% return.
QLTY
5.22%
3.51%
7.61%
18.49%
N/A
N/A
BDGS
2.70%
1.01%
9.74%
20.89%
N/A
N/A
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QLTY vs. BDGS - Expense Ratio Comparison
QLTY has a 0.50% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
QLTY vs. BDGS — Risk-Adjusted Performance Rank
QLTY
BDGS
QLTY vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Quality ETF (QLTY) 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
QLTY vs. BDGS - Dividend Comparison
QLTY's dividend yield for the trailing twelve months is around 0.76%, less than BDGS's 1.76% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
QLTY GMO U.S. Quality ETF | 0.76% | 0.79% | 0.15% |
BDGS Bridges Capital Tactical ETF | 1.76% | 1.81% | 0.84% |
Drawdowns
QLTY vs. BDGS - Drawdown Comparison
The maximum QLTY drawdown since its inception was -7.03%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for QLTY and BDGS. For additional features, visit the drawdowns tool.
Volatility
QLTY vs. BDGS - Volatility Comparison
GMO U.S. Quality ETF (QLTY) has a higher volatility of 2.45% compared to Bridges Capital Tactical ETF (BDGS) at 1.25%. This indicates that QLTY'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.