USCA vs. BDGS
Compare and contrast key facts about Xtrackers MSCI USA Climate Action Equity ETF (USCA) and Bridges Capital Tactical ETF (BDGS).
USCA and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USCA is a passively managed fund by Xtrackers that tracks the performance of the MSCI USA Climate Action Index - Benchmark TR Gross. It was launched on Apr 3, 2023. 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: USCA or BDGS.
Key characteristics
| USCA | BDGS | |
|---|---|---|
| YTD Return | 20.35% | 12.74% |
| 1Y Return | 29.45% | 19.12% |
| Sharpe Ratio | 2.27 | 2.89 |
| Daily Std Dev | 12.92% | 6.58% |
| Max Drawdown | -9.98% | -5.38% |
| Current Drawdown | -0.38% | -0.15% |
Correlation
The correlation between USCA and BDGS is 0.74, 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
USCA vs. BDGS - Performance Comparison
In the year-to-date period, USCA achieves a 20.35% return, which is significantly higher than BDGS's 12.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USCA vs. BDGS - Expense Ratio Comparison
USCA has a 0.07% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
USCA vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Climate Action Equity ETF (USCA) 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
USCA vs. BDGS - Dividend Comparison
USCA's dividend yield for the trailing twelve months is around 0.99%, more than BDGS's 0.74% yield.
| TTM | 2023 | |
|---|---|---|
USCA Xtrackers MSCI USA Climate Action Equity ETF | 0.99% | 1.15% |
BDGS Bridges Capital Tactical ETF | 0.74% | 0.84% |
Drawdowns
USCA vs. BDGS - Drawdown Comparison
The maximum USCA drawdown since its inception was -9.98%, which is greater than BDGS's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for USCA and BDGS. For additional features, visit the drawdowns tool.
Volatility
USCA vs. BDGS - Volatility Comparison
Xtrackers MSCI USA Climate Action Equity ETF (USCA) has a higher volatility of 4.04% compared to Bridges Capital Tactical ETF (BDGS) at 0.68%. This indicates that USCA'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.