TOV vs. BDGS

Last updated Jun 23, 2026

TOV (JLens 500 Jewish Advocacy U.S. ETF) and BDGS (Bridges Capital Tactical ETF) are both Large Cap Blend Equities funds. TOV is passively managed, while BDGS is actively managed. Over the past year, TOV returned 26.39% vs 12.84% for BDGS. Their correlation of 0.85 suggests significant overlap in exposure. TOV charges 0.18%/yr vs 0.87%/yr for BDGS.

Performance

TOV vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JLens 500 Jewish Advocacy U.S. ETF (TOV) and Bridges Capital Tactical ETF (BDGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOV achieves a 9.83% return, which is significantly higher than BDGS's 4.55% return.

TOV

• 1D: -0.55%
• 1M: 0.06%
• YTD: 9.83%
• 6M: 9.17%
• 1Y: 26.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDGS

• 1D: -0.74%
• 1M: -0.80%
• YTD: 4.55%
• 6M: 4.54%
• 1Y: 12.84%
• 3Y*: 13.55%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TOV vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025
TOV JLens 500 Jewish Advocacy U.S. ETF	9.83%	14.91%
BDGS Bridges Capital Tactical ETF	4.55%	8.10%

Correlation

The correlation between TOV and BDGS is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.85

The correlation between TOV and BDGS has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

TOV vs. BDGS - Sectors Allocation Comparison

Sectors	TOV	BDGS
Technology	39.4%	37.4%
Financial Services	11.1%	9.3%
Communication Services	10.9%	16.6%
Consumer Cyclical	9.6%	10.9%
Healthcare	8.4%	7.5%
Industrials	8.0%	6.6%
Consumer Defensive	4.4%	4.1%
Energy	3.2%	2.6%
Utilities	2.0%	1.9%
Real Estate	1.6%	1.5%
Basic Materials	1.5%	1.5%

Return for Risk

TOV vs. BDGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TOV

TOV Risk / Return Rank: 65
TOV Sharpe Ratio Rank: 66
TOV Sortino Ratio Rank: 63
TOV Omega Ratio Rank: 64
TOV Calmar Ratio Rank: 62
TOV Martin Ratio Rank: 71

BDGS

BDGS Risk / Return Rank: 70
BDGS Sharpe Ratio Rank: 63
BDGS Sortino Ratio Rank: 69
BDGS Omega Ratio Rank: 73
BDGS Calmar Ratio Rank: 66
BDGS Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TOV vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JLens 500 Jewish Advocacy U.S. ETF (TOV) 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.

	TOV	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.03	+0.06
Sortino ratio: Return per unit of downside risk	2.84	3.03	-0.19
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	2.98	3.20	-0.22
Martin ratio: Return relative to average drawdown	12.86	14.21	-1.34

TOV vs. BDGS - Sharpe Ratio Comparison

The current TOV Sharpe Ratio is 2.08, which is comparable to the BDGS Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of TOV and BDGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TOV vs. BDGS - Drawdown Comparison

The maximum TOV drawdown since its inception was -16.97%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for TOV and BDGS.

Drawdown Indicators

	TOV	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-16.97%	-9.12%	-7.85%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-4.03%	-4.86%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.12%	—
Current Drawdown Current decline from peak	-1.92%	-1.84%	-0.08%
Average Drawdown Average peak-to-trough decline	-2.20%	-0.66%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	0.91%	+1.15%

Volatility

TOV vs. BDGS - Volatility Comparison

JLens 500 Jewish Advocacy U.S. ETF (TOV) has a higher volatility of 4.49% compared to Bridges Capital Tactical ETF (BDGS) at 2.28%. This indicates that TOV'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.

Volatility by Period

	TOV	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	2.28%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	5.16%	+4.95%
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	6.38%	+6.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.01%	8.23%	+9.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	8.23%	+9.78%

TOV vs. BDGS - Expense Ratio Comparison

TOV has a 0.18% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

TOV vs. BDGS - Dividend Comparison

TOV's dividend yield for the trailing twelve months is around 0.83%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%
TOV JLens 500 Jewish Advocacy U.S. ETF	0.83%	0.76%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TOV and BDGS in my portfolio?

TOV and BDGS have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOV or BDGS?

TOV has higher volatility (4.49%) compared to BDGS (2.28%). In terms of maximum drawdown, TOV dropped -16.97% vs BDGS's -9.12%.

Which ETF is better, TOV or BDGS?

On 1-year performance, TOV leads with 26.39% vs 12.84% for BDGS. On fees, TOV is cheaper at 0.18% per year. On volatility, BDGS has been the lower-risk option at 2.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOV or BDGS?

Over the 1-year period, TOV has performed better with a 26.39% return vs 12.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOV or BDGS?

TOV is cheaper with a 0.18% expense ratio, compared with 0.87% for BDGS.

Which ETF pays a higher dividend yield, TOV or BDGS?

TOV has the higher dividend yield at 0.83%, compared with 0.53% for BDGS.

What is the main difference between TOV and BDGS?

They also come from different issuers: JLens and Bridges. Their fees differ too: 0.18% for TOV and 0.87% for BDGS.

Which has better risk-adjusted returns?

TOV currently has the higher Sharpe Ratio (2.08 vs 2.03), 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.