Correlation
The correlation between USCL and BDGS is 0.78, 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.
USCL vs. BDGS
Compare and contrast key facts about Ishares Climate Conscious & Transition MSCI USA ETF (USCL) and Bridges Capital Tactical ETF (BDGS).
USCL and BDGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USCL is a passively managed fund by iShares that tracks the performance of the MSCI USA Extended Climate Action Index - Benchmark TR Gross. It was launched on Jun 6, 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: USCL or BDGS.
Performance
USCL vs. BDGS - Performance Comparison
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Key characteristics
USCL:
0.77
BDGS:
1.49
USCL:
1.07
BDGS:
2.34
USCL:
1.16
BDGS:
1.43
USCL:
0.69
BDGS:
1.86
USCL:
2.51
BDGS:
8.69
USCL:
5.21%
BDGS:
1.95%
USCL:
19.37%
BDGS:
11.54%
USCL:
-18.99%
BDGS:
-9.12%
USCL:
-4.56%
BDGS:
-0.62%
Returns By Period
In the year-to-date period, USCL achieves a 0.36% return, which is significantly lower than BDGS's 2.08% return.
USCL
0.36%
5.40%
-2.09%
14.55%
N/A
N/A
N/A
BDGS
2.08%
1.96%
2.66%
16.98%
N/A
N/A
N/A
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USCL vs. BDGS - Expense Ratio Comparison
USCL has a 0.08% expense ratio, which is lower than BDGS's 0.85% expense ratio.
Risk-Adjusted Performance
USCL vs. BDGS — Risk-Adjusted Performance Rank
USCL
BDGS
USCL vs. BDGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Climate Conscious & Transition MSCI USA ETF (USCL) 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.
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Dividends
USCL vs. BDGS - Dividend Comparison
USCL's dividend yield for the trailing twelve months is around 1.22%, less than BDGS's 1.77% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
USCL Ishares Climate Conscious & Transition MSCI USA ETF | 1.22% | 1.19% | 0.85% |
BDGS Bridges Capital Tactical ETF | 1.77% | 1.81% | 0.84% |
Drawdowns
USCL vs. BDGS - Drawdown Comparison
The maximum USCL drawdown since its inception was -18.99%, which is greater than BDGS's maximum drawdown of -9.12%. Use the drawdown chart below to compare losses from any high point for USCL and BDGS.
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Volatility
USCL vs. BDGS - Volatility Comparison
Ishares Climate Conscious & Transition MSCI USA ETF (USCL) has a higher volatility of 4.62% compared to Bridges Capital Tactical ETF (BDGS) at 1.23%. This indicates that USCL'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.
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