SPUC vs. BDGS
Compare and contrast key facts about Simplify US Equity PLUS Upside Convexity ETF (SPUC) and Bridges Capital Tactical ETF (BDGS).
SPUC and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPUC is an actively managed fund by Simplify Asset Management Inc.. It was launched on Sep 3, 2020. 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: SPUC or BDGS.
Key characteristics
| SPUC | BDGS | |
|---|---|---|
| YTD Return | 36.79% | 17.42% |
| 1Y Return | 53.44% | 24.06% |
| Sharpe Ratio | 2.62 | 4.22 |
| Sortino Ratio | 3.40 | 9.34 |
| Omega Ratio | 1.44 | 2.83 |
| Calmar Ratio | 3.34 | 9.62 |
| Martin Ratio | 10.96 | 59.94 |
| Ulcer Index | 4.75% | 0.38% |
| Daily Std Dev | 19.88% | 5.44% |
| Max Drawdown | -29.20% | -5.38% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SPUC and BDGS is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPUC vs. BDGS - Performance Comparison
In the year-to-date period, SPUC achieves a 36.79% return, which is significantly higher than BDGS's 17.42% 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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SPUC vs. BDGS - Expense Ratio Comparison
SPUC has a 0.29% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
SPUC vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS Upside Convexity ETF (SPUC) 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
SPUC vs. BDGS - Dividend Comparison
SPUC's dividend yield for the trailing twelve months is around 0.96%, more than BDGS's 0.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
SPUC Simplify US Equity PLUS Upside Convexity ETF | 0.96% | 1.33% | 1.53% | 2.10% | 0.75% |
BDGS Bridges Capital Tactical ETF | 0.71% | 0.84% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPUC vs. BDGS - Drawdown Comparison
The maximum SPUC drawdown since its inception was -29.20%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for SPUC and BDGS. For additional features, visit the drawdowns tool.
Volatility
SPUC vs. BDGS - Volatility Comparison
Simplify US Equity PLUS Upside Convexity ETF (SPUC) has a higher volatility of 5.76% compared to Bridges Capital Tactical ETF (BDGS) at 2.31%. This indicates that SPUC'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.