SHE vs. BDGS
SHE (SPDR SSGA Gender Diversity Index ETF) and BDGS (Bridges Capital Tactical ETF) are both exchange-traded funds - SHE is a Large Cap Growth Equities fund tracking the SSGA Gender Diversity (TR), while BDGS is a Tactical Allocation fund actively managed by Bridges. SHE is passively managed, while BDGS is actively managed. Over the past 3 years, SHE returned 20.92%/yr vs 13.19%/yr for BDGS. Their 0.68 correlation means they have sometimes moved together and sometimes differently. SHE charges 0.20%/yr vs 0.87%/yr for BDGS.
Performance
SHE vs. BDGS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHE achieves a 17.65% return, which is significantly higher than BDGS's 4.35% return.
SHE
- 1D
- 0.37%
- 1M
- 0.64%
- 6M
- 14.53%
- YTD
- 17.65%
- 1Y
- 27.23%
- 3Y*
- 20.92%
- 5Y*
- 9.79%
- 10Y*
- 12.27%
- ALL TIME*
- 12.72%
BDGS
- 1D
- 0.56%
- 1M
- -0.71%
- 6M
- 4.08%
- YTD
- 4.35%
- 1Y
- 10.14%
- 3Y*
- 13.19%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.83K | $93.96K | $183.58K | |
| $460.23K | $379.38K | $467.51K |
SHE vs. BDGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SHE SPDR SSGA Gender Diversity Index ETF | 17.65% | 15.50% | 23.35% | 15.41% |
BDGS Bridges Capital Tactical ETF | 4.35% | 10.61% | 19.07% | 8.23% |
Correlation
The correlation between SHE and BDGS is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (All Time) Calculated using the full available price history since May 11, 2023 | 0.68 |
The correlation between SHE and BDGS has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.
SHE vs. BDGS - Sectors Allocation Comparison
Sectors
SHE
BDGS
Technology
Financial Services
Consumer Cyclical
Industrials
Healthcare
Communication Services
Consumer Defensive
Energy
Utilities
Real Estate
Basic Materials
Technology
SHE
BDGS
Financial Services
SHE
BDGS
Consumer Cyclical
SHE
BDGS
Industrials
SHE
BDGS
Healthcare
SHE
BDGS
Communication Services
SHE
BDGS
Consumer Defensive
SHE
BDGS
Energy
SHE
BDGS
Utilities
SHE
BDGS
Real Estate
SHE
BDGS
Basic Materials
SHE
BDGS
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHE vs. BDGS — Risk / Return Rank
SHE
BDGS
SHE vs. BDGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Gender Diversity Index ETF (SHE) 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.
| SHE | BDGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.28 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.04 | +0.99 |
| Martin ratioReturn relative to average drawdown | 11.21 | 8.70 | +2.51 |
Loading charts...
Drawdowns
SHE vs. BDGS - Drawdown Comparison
The maximum SHE drawdown since its inception was -35.80%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for SHE and BDGS.
Loading charts...
Drawdown Indicators
| SHE | BDGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -9.12% | -26.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.54% | -4.76% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.07% | -9.12% | -7.95% |
Max Drawdown (5Y)Largest decline over 5 years | -31.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | — | — |
Current DrawdownCurrent decline from peak | -2.17% | -2.03% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -0.69% | -5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 1.12% | +1.19% |
Volatility
SHE vs. BDGS - Volatility Comparison
SPDR SSGA Gender Diversity Index ETF (SHE) has a higher volatility of 3.55% compared to Bridges Capital Tactical ETF (BDGS) at 3.21%. This indicates that SHE'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.
Loading charts...
Volatility by Period
| SHE | BDGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 3.21% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.07% | 6.11% | +4.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 7.06% | +6.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 8.30% | +9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.02% | 8.30% | +9.72% |
SHE vs. BDGS - Expense Ratio Comparison
SHE has a 0.20% expense ratio, which is lower than BDGS's 0.87% expense ratio.
Dividends
SHE vs. BDGS - Dividend Comparison
SHE's dividend yield for the trailing twelve months is around 1.08%, more than BDGS's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SHE SPDR SSGA Gender Diversity Index ETF | 1.08% | 1.18% | 1.14% | 1.37% | 1.54% | 0.99% | 1.24% | 1.91% | 7.39% | 5.37% | 6.41% |
Frequently Asked Questions
SHE and BDGS have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHE has higher volatility (3.55%) compared to BDGS (3.21%). In terms of maximum drawdown, SHE dropped -35.80% vs BDGS's -9.12%.
On 3-year performance, SHE leads with 20.92% vs 13.19% for BDGS. On fees, SHE is cheaper at 0.20% per year. On volatility, BDGS has been the lower-risk option at 3.21%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SHE has performed better with a 20.92% return vs 13.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHE is cheaper with a 0.20% expense ratio, compared with 0.87% for BDGS.
SHE has the higher dividend yield at 1.08%, compared with 0.53% for BDGS.
SHE is categorized as Large Cap Growth Equities, while BDGS is Tactical Allocation. They also come from different issuers: State Street and Bridges. Their fees differ too: 0.20% for SHE and 0.87% for BDGS.
SHE currently has the higher Sharpe Ratio (1.90 vs 1.38), 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.
Find the right allocation for SHE and BDGS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer