THLV vs. BDGS
Compare and contrast key facts about Thor Low Volatility ETF (THLV) and Bridges Capital Tactical ETF (BDGS).
THLV and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THLV is a passively managed fund by THOR that tracks the performance of the Thor Low Volatility Index - Benchmark TR Gross. It was launched on Sep 12, 2022. 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: THLV or BDGS.
Correlation
The correlation between THLV and BDGS is 0.56, 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
THLV vs. BDGS - Performance Comparison
Key characteristics
THLV:
0.94
BDGS:
4.11
THLV:
1.34
BDGS:
7.33
THLV:
1.17
BDGS:
2.35
THLV:
1.34
BDGS:
8.29
THLV:
4.47
BDGS:
41.56
THLV:
2.09%
BDGS:
0.48%
THLV:
9.93%
BDGS:
4.81%
THLV:
-11.61%
BDGS:
-5.38%
THLV:
-6.65%
BDGS:
-1.28%
Returns By Period
In the year-to-date period, THLV achieves a -0.22% return, which is significantly lower than BDGS's 0.55% return.
THLV
-0.22%
-4.90%
2.24%
9.75%
N/A
N/A
BDGS
0.55%
0.54%
12.08%
19.73%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THLV vs. BDGS - Expense Ratio Comparison
THLV has a 0.64% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
THLV vs. BDGS — Risk-Adjusted Performance Rank
THLV
BDGS
THLV vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thor Low Volatility ETF (THLV) 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
THLV vs. BDGS - Dividend Comparison
THLV's dividend yield for the trailing twelve months is around 1.26%, less than BDGS's 1.80% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
THLV Thor Low Volatility ETF | 1.26% | 1.25% | 2.72% | 0.62% |
BDGS Bridges Capital Tactical ETF | 1.80% | 1.81% | 0.84% | 0.00% |
Drawdowns
THLV vs. BDGS - Drawdown Comparison
The maximum THLV drawdown since its inception was -11.61%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for THLV and BDGS. For additional features, visit the drawdowns tool.
Volatility
THLV vs. BDGS - Volatility Comparison
Thor Low Volatility ETF (THLV) has a higher volatility of 3.67% compared to Bridges Capital Tactical ETF (BDGS) at 2.34%. This indicates that THLV'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.