UDIV vs. BDGS

Last updated Jun 4, 2026

UDIV (Franklin U.S. Core Dividend Tilt Index ETF) and BDGS (Bridges Capital Tactical ETF) are both exchange-traded funds - UDIV is a Dividend fund tracking the Linked Morningstar US Dividend Enhanced Select Index, while BDGS is a Large Cap Blend Equities fund actively managed by Bridges. UDIV is passively managed, while BDGS is actively managed. Over the past 3 years, UDIV returned 24.66%/yr vs 14.06%/yr for BDGS. A 0.78 correlation means they provide meaningful diversification when combined. UDIV charges 0.06%/yr vs 0.87%/yr for BDGS.

Performance

UDIV vs. BDGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Core Dividend Tilt Index ETF (UDIV) 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, UDIV achieves a 14.99% return, which is significantly higher than BDGS's 5.64% return.

UDIV

• 1D: -0.69%
• 1M: 6.05%
• YTD: 14.99%
• 6M: 14.91%
• 1Y: 33.63%
• 3Y*: 24.66%
• 5Y*: 14.04%
• 10Y*: —

BDGS

• 1D: -0.29%
• 1M: 1.26%
• YTD: 5.64%
• 6M: 5.65%
• 1Y: 13.85%
• 3Y*: 14.06%
• 5Y*: —
• 10Y*: —

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

UDIV vs. BDGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UDIV Franklin U.S. Core Dividend Tilt Index ETF	14.99%	19.00%	25.61%	17.45%
BDGS Bridges Capital Tactical ETF	5.64%	10.61%	19.07%	8.31%

Correlation

The correlation between UDIV and BDGS is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.78

The correlation between UDIV and BDGS has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.

UDIV vs. BDGS - Sectors Allocation Comparison

Sectors	UDIV	BDGS
Technology	39.0%	37.4%
Financial Services	11.3%	9.3%
Communication Services	10.7%	16.6%
Consumer Cyclical	8.7%	10.9%
Healthcare	7.4%	7.5%
Industrials	5.8%	6.6%
Consumer Defensive	5.7%	4.1%
Energy	3.7%	2.6%
Real Estate	3.7%	1.5%
Utilities	3.0%	1.9%
Basic Materials	0.8%	1.5%

Return for Risk

UDIV vs. BDGS — Risk / Return Rank

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

UDIV

UDIV Risk / Return Rank: 83
UDIV Sharpe Ratio Rank: 85
UDIV Sortino Ratio Rank: 84
UDIV Omega Ratio Rank: 84
UDIV Calmar Ratio Rank: 78
UDIV Martin Ratio Rank: 86

BDGS

BDGS Risk / Return Rank: 74
BDGS Sharpe Ratio Rank: 68
BDGS Sortino Ratio Rank: 74
BDGS Omega Ratio Rank: 78
BDGS Calmar Ratio Rank: 68
BDGS Martin Ratio Rank: 81

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.

UDIV vs. BDGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Core Dividend Tilt Index ETF (UDIV) 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.

	UDIV	BDGS	Difference
Sharpe ratio: Return per unit of total volatility	2.83	2.29	+0.54
Sortino ratio: Return per unit of downside risk	3.81	3.40	+0.40
Omega ratio: Gain probability vs. loss probability	1.52	1.47	+0.04
Calmar ratio: Return relative to maximum drawdown	4.00	3.45	+0.55
Martin ratio: Return relative to average drawdown	18.28	16.47	+1.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDIV vs. BDGS - Sharpe Ratio Comparison

The current UDIV Sharpe Ratio is 2.83, which is comparable to the BDGS Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of UDIV 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.

Sharpe Ratios by Period

	UDIV	BDGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	2.29	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.76	-1.02

Drawdowns

UDIV vs. BDGS - Drawdown Comparison

The maximum UDIV drawdown since its inception was -35.21%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for UDIV and BDGS.

Drawdown Indicators

	UDIV	BDGS	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-9.12%	-26.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-4.03%	-4.41%
Max Drawdown (3Y) Largest decline over 3 years	-19.19%	-9.12%	-10.07%
Max Drawdown (5Y) Largest decline over 5 years	-23.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.21%	—	—
Current Drawdown Current decline from peak	-0.69%	-0.83%	+0.14%
Average Drawdown Average peak-to-trough decline	-4.64%	-0.64%	-4.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	0.84%	+1.00%

Volatility

UDIV vs. BDGS - Volatility Comparison

Franklin U.S. Core Dividend Tilt Index ETF (UDIV) has a higher volatility of 2.98% compared to Bridges Capital Tactical ETF (BDGS) at 1.14%. This indicates that UDIV'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

	UDIV	BDGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	1.14%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	8.99%	4.74%	+4.25%
Volatility (1Y) Calculated over the trailing 1-year period	11.95%	6.08%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	8.21%	+7.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.27%	8.21%	+8.06%

UDIV vs. BDGS - Expense Ratio Comparison

UDIV has a 0.06% expense ratio, which is lower than BDGS's 0.87% expense ratio.

Dividends

UDIV vs. BDGS - Dividend Comparison

UDIV's dividend yield for the trailing twelve months is around 1.40%, more than BDGS's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BDGS Bridges Capital Tactical ETF	0.52%	0.55%	1.81%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UDIV Franklin U.S. Core Dividend Tilt Index ETF	1.40%	1.53%	2.05%	1.91%	3.20%	2.97%	2.90%	3.40%	3.74%	3.47%	1.63%

Frequently Asked Questions

Can I hold both UDIV and BDGS in my portfolio?

UDIV and BDGS have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDIV or BDGS?

UDIV has higher volatility (2.98%) compared to BDGS (1.14%). In terms of maximum drawdown, UDIV dropped -35.21% vs BDGS's -9.12%.

Which ETF is better, UDIV or BDGS?

On 3-year performance, UDIV leads with 24.66% vs 14.06% for BDGS. On fees, UDIV is cheaper at 0.06% per year. On volatility, BDGS has been the lower-risk option at 1.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDIV or BDGS?

Over the 3-year period, UDIV has performed better with a 24.66% return vs 14.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDIV or BDGS?

UDIV is cheaper with a 0.06% expense ratio, compared with 0.87% for BDGS.

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

UDIV has the higher dividend yield at 1.40%, compared with 0.52% for BDGS.

What is the main difference between UDIV and BDGS?

UDIV is categorized as Dividend, while BDGS is Large Cap Blend Equities. They also come from different issuers: Franklin Templeton and Bridges. Their fees differ too: 0.06% for UDIV and 0.87% for BDGS.

Which has better risk-adjusted returns?

UDIV currently has the higher Sharpe Ratio (2.83 vs 2.29), 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.