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Launched

Bridges Capital Tactical ETF

BDGSNasdaqB

$36.35−0.22 (−0.61%)

At close: Nov 2, 2026, 4:00 PM ET

B56/ 100

Rank 18 of 46 in Tactical Allocation

B56/100Rank 18 of 46inTactical Allocation
Intraday session: down, 79 prints from 36.58 to 36.35. Range 36.35 to 36.76. Use the arrow keys to read each point.36.5036.7010 AM12 PM2 PM4 PM
Expense ratio
0.87%
Fund size
$42M
1Y total return
+5.1%
Yield · Last 12 months
0.52%
Holdings
13
Avg volume · 30D
5.04K sh
52W range
low $33.54high $38.44
Launched

The ETF.net BDGS Grade

Based on 5 of 6 pillars

B

Score 56 out of 100

Category
Tactical Allocation⁠
Rank
18 of 46
Six-pillar profile for BDGS. Scores out of 100: Cost 59, Risk 71, Mission not scored, Tradability 50, Holdings 43, Durability 51. Strongest: Risk (71). Weakest: Holdings (43). Based on 5 of 6 pillars.

Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B59 out of 100
    Rank 19 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A71 out of 100
    Rank 7 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 24 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C43 out of 100
    Rank 28 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 29 of 46

Our read on BDGS

ETF.net Research

In short

BA tactical fund that publishes its dial settings: roughly 75% index ETFs and 5% cash in risk-on mode, roughly 80% cash in risk-off mode, plus a standing sleeve of about 10 large-cap stocks. 0.87%, no waiver.

Stated mandate

The Fund is an actively managed, diversified ETF investing in a mix of U.S. equity index ETFs, large-capitalization stocks, and cash or cash equivalents. Its allocation and rebalancing respond to macroeconomic conditions, market breadth, and volatility.

Why people hold it

  • The playbook sits in the prospectus: about 75% index ETFs and 5% cash when the macro read is risk-on, about 80% cash and 20% stocks when it is not. Unusually specific.sec.gov
  • The macro call shifts less than once a year by design. Rebalancing happens inside that gear: roughly twice a month in defensive stretches, about six times a year when bullish.sec.govsec.gov 2
  • The stock sleeve is roughly 10 large-cap names held for the long haul, sold when a company drops out of its index's top 10 or the manager sees a risk to the long-term story.sec.gov
  • 0.87% with no fee waiver, near what tactical-allocation funds typically charge. Cheaper shelves exist in the group, like ENDW at 0.22%. Rates in the upper half of its peer group.

Worth knowing

  • A small fund whose shares trade lightly, so spreads can run wider than on mega-cap index ETFs and bigger orders can move the price.
  • Turnover is high by design. The prospectus notes that can mean higher transaction costs and, in taxable accounts, higher taxes.sec.gov
  • Listed in 2023, so the live record is short, and the prospectus flags that cash-heavy stretches can trail the benchmark in a rising market.etfarchitect.com

BDGS Performance

Launched May 10, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
BDGS$10,508
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BDGS $10,508. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BDGS. Periods over one year show the average yearly return.
PeriodBDGS
Year to date+5.4%
1 month−3.7%
3 months+1.0%
1 year+5.1%
3 yearsper year+14.9%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BDGS
YearReturn barBDGS
2026 YTD+5.4%
2025+10.6%
2024+19.1%
2023+8.3%

History from May 11, 2023

BDGS in the news

BDGS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.52%Last 12 months
Payout per share
$0.19Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.23; Dec 30, 2024 $0.57; Dec 23, 2025 $0.19. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.19
Dec 30, 2024Dec 31, 2024$0.57
Dec 20, 2023Dec 22, 2023$0.23

$10,000 in BDGS 3 years ago paid $382 in dividends.

BDGS Risk

Risk pillarA71 out of 100Rank 7 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
7.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.25
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−9.1%
41 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BDGS Cost

Compare BDGS and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$11,978

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BDGS 0.87%

    $16,536

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • BDGS 0.87%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BDGS $16,536ENDW $4,558

Year by year

YearBDGSENDWOverpaying
10$1,542$401$1,141
20$5,830$1,561$4,269
30$16,536$4,558$11,978

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