SPQ vs. BDGS
Compare and contrast key facts about Simplify US Equity Plus QIS ETF (SPQ) and Bridges Capital Tactical ETF (BDGS).
SPQ and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPQ is an actively managed fund by Simplify. 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: SPQ or BDGS.
Key characteristics
| SPQ | BDGS | |
|---|---|---|
| YTD Return | 16.13% | 12.74% |
| Daily Std Dev | 12.89% | 6.58% |
| Max Drawdown | -10.44% | -5.38% |
| Current Drawdown | -2.30% | -0.15% |
Correlation
The correlation between SPQ and BDGS is 0.65, 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
SPQ vs. BDGS - Performance Comparison
In the year-to-date period, SPQ achieves a 16.13% return, which is significantly higher than BDGS's 12.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPQ vs. BDGS - Expense Ratio Comparison
SPQ has a 1.00% expense ratio, which is higher than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
SPQ vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity Plus QIS ETF (SPQ) 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.
Not enough dataDividends
SPQ vs. BDGS - Dividend Comparison
SPQ's dividend yield for the trailing twelve months is around 2.11%, more than BDGS's 0.74% yield.
| TTM | 2023 | |
|---|---|---|
SPQ Simplify US Equity Plus QIS ETF | 2.11% | 1.68% |
BDGS Bridges Capital Tactical ETF | 0.74% | 0.84% |
Drawdowns
SPQ vs. BDGS - Drawdown Comparison
The maximum SPQ drawdown since its inception was -10.44%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for SPQ and BDGS. For additional features, visit the drawdowns tool.
Volatility
SPQ vs. BDGS - Volatility Comparison
Simplify US Equity Plus QIS ETF (SPQ) has a higher volatility of 3.80% compared to Bridges Capital Tactical ETF (BDGS) at 0.68%. This indicates that SPQ'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.