TRTY vs. BDGS

Last updated Aug 2, 2026

TRTY (Cambria Trinity ETF) and BDGS (Bridges Capital Tactical ETF) are both Tactical Allocation funds. TRTY is passively managed, while BDGS is actively managed. Over the past 3 years, TRTY returned 10.44%/yr vs 13.19%/yr for BDGS. Their 0.49 correlation means their historical movements had little consistent relationship. TRTY charges 0.44%/yr vs 0.87%/yr for BDGS.

Performance

TRTY vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Trinity ETF (TRTY) 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, TRTY achieves a 10.17% return, which is significantly higher than BDGS's 4.35% return.

TRTY

• 1D: -0.07%
• 1M: 2.70%
• 6M: 4.51%
• YTD: 10.17%
• 1Y: 21.53%
• 3Y*: 10.44%
• 5Y*: 6.52%
• 10Y*: —
• ALL TIME*: 6.22%

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%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDGS Bridges Capital Tactical ETF	$35.83K	$93.96K	$183.58K
TRTY Cambria Trinity ETF	$319.75K	$258.86K	$1.47M

TRTY vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TRTY Cambria Trinity ETF	10.17%	16.35%	3.89%	4.43%
BDGS Bridges Capital Tactical ETF	4.35%	10.61%	19.07%	8.23%

Correlation

The correlation between TRTY and BDGS is 0.50, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (All Time) Calculated using the full available price history since May 11, 2023	0.49

The correlation between TRTY and BDGS has been stable across timeframes, ranging from 0.49 to 0.50 - a consistent structural relationship.

Return for Risk

TRTY vs. BDGS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TRTY

TRTY Risk / Return Rank: 88
TRTY Sharpe Ratio Rank: 88
TRTY Sortino Ratio Rank: 83
TRTY Omega Ratio Rank: 90
TRTY Calmar Ratio Rank: 90
TRTY Martin Ratio Rank: 89

BDGS

BDGS Risk / Return Rank: 64
BDGS Sharpe Ratio Rank: 59
BDGS Sortino Ratio Rank: 64
BDGS Omega Ratio Rank: 66
BDGS Calmar Ratio Rank: 59
BDGS Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TRTY vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Trinity ETF (TRTY) 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.

	TRTY	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	2.13	1.38	+0.75
Sortino ratio: Return per unit of downside risk	2.72	2.12	+0.61
Omega ratio: Gain probability vs. loss probability	1.42	1.28	+0.14
Calmar ratio: Return relative to maximum drawdown	3.90	2.04	+1.86
Martin ratio: Return relative to average drawdown	13.85	8.70	+5.15

TRTY vs. BDGS - Sharpe Ratio Comparison

The current TRTY Sharpe Ratio is 2.13, which is higher than the BDGS Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of TRTY 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

TRTY vs. BDGS - Drawdown Comparison

The maximum TRTY drawdown since its inception was -22.35%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for TRTY and BDGS.

Drawdown Indicators

	TRTY	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-22.35%	-9.12%	-13.23%
Max Drawdown (1Y) Largest decline over 1 year	-5.49%	-4.76%	-0.73%
Max Drawdown (3Y) Largest decline over 3 years	-9.25%	-9.12%	-0.13%
Max Drawdown (5Y) Largest decline over 5 years	-13.72%	—	—
Current Drawdown Current decline from peak	-0.56%	-2.03%	+1.47%
Average Drawdown Average peak-to-trough decline	-4.12%	-0.69%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.54%	1.12%	+0.42%

Volatility

TRTY vs. BDGS - Volatility Comparison

The current volatility for Cambria Trinity ETF (TRTY) is 2.05%, while Bridges Capital Tactical ETF (BDGS) has a volatility of 3.21%. This indicates that TRTY experiences smaller price fluctuations and is considered to be less risky than BDGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRTY	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	3.21%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	7.53%	6.11%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	10.04%	7.06%	+2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	8.30%	+2.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.39%	8.30%	+2.09%

TRTY vs. BDGS - Expense Ratio Comparison

TRTY has a 0.44% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

TRTY vs. BDGS - Dividend Comparison

TRTY's dividend yield for the trailing twelve months is around 2.87%, more than BDGS's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BDGS Bridges Capital Tactical ETF	0.53%	0.55%	1.81%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
TRTY Cambria Trinity ETF	2.87%	2.86%	3.55%	3.24%	5.17%	4.52%	1.99%	2.64%	1.07%

Frequently Asked Questions

Can I hold both TRTY and BDGS in my portfolio?

TRTY and BDGS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRTY or BDGS?

BDGS has higher volatility (3.21%) compared to TRTY (2.05%). In terms of maximum drawdown, TRTY dropped -22.35% vs BDGS's -9.12%.

Which ETF is better, TRTY or BDGS?

On 3-year performance, BDGS leads with 13.19% vs 10.44% for TRTY. On fees, TRTY is cheaper at 0.44% per year. On volatility, TRTY has been the lower-risk option at 2.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TRTY or BDGS?

Over the 3-year period, BDGS has performed better with a 13.19% return vs 10.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TRTY or BDGS?

TRTY is cheaper with a 0.44% expense ratio, compared with 0.87% for BDGS.

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

TRTY has the higher dividend yield at 2.87%, compared with 0.53% for BDGS.

What is the main difference between TRTY and BDGS?

They also come from different issuers: Cambria and Bridges. Their fees differ too: 0.44% for TRTY and 0.87% for BDGS.

Which has better risk-adjusted returns?

TRTY currently has the higher Sharpe Ratio (2.13 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.