AADEX vs. BRLGX

Last updated Jun 23, 2026

AADEX (American Beacon Large Cap Value Fund) and BRLGX (American Beacon Bridgeway Large Cap Growth Fund) are both mutual funds - AADEX is a Large Cap Value Equities fund managed by American Beacon, while BRLGX is a Large Cap Growth Equities fund managed by American Beacon. Over the past 10 years, AADEX returned 11.94%/yr vs 16.33%/yr for BRLGX. Their correlation of 0.80 suggests significant overlap in exposure. AADEX charges 0.63%/yr vs 0.80%/yr for BRLGX.

Performance

AADEX vs. BRLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Large Cap Value Fund (AADEX) and American Beacon Bridgeway Large Cap Growth Fund (BRLGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AADEX achieves a 7.35% return, which is significantly lower than BRLGX's 15.40% return. Over the past 10 years, AADEX has underperformed BRLGX with an annualized return of 11.94%, while BRLGX has yielded a comparatively higher 16.33% annualized return.

AADEX

• 1D: -0.10%
• 1M: 0.80%
• YTD: 7.35%
• 6M: 6.56%
• 1Y: 19.75%
• 3Y*: 15.78%
• 5Y*: 10.84%
• 10Y*: 11.94%

BRLGX

• 1D: 1.51%
• 1M: 2.64%
• YTD: 15.40%
• 6M: 14.84%
• 1Y: 32.85%
• 3Y*: 22.81%
• 5Y*: 12.96%
• 10Y*: 16.33%

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

AADEX vs. BRLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AADEX American Beacon Large Cap Value Fund	7.35%	14.65%	15.37%	13.51%	-5.40%	28.07%	3.15%	29.72%	-12.12%	17.17%
BRLGX American Beacon Bridgeway Large Cap Growth Fund	15.40%	16.31%	24.13%	31.38%	-25.39%	22.04%	34.57%	30.27%	-6.18%	27.19%

Correlation

The correlation between AADEX and BRLGX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.80

Over the past year, the correlation between AADEX and BRLGX has dropped to 0.52 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

AADEX vs. BRLGX — Risk / Return Rank

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

AADEX

AADEX Risk / Return Rank: 44
AADEX Sharpe Ratio Rank: 39
AADEX Sortino Ratio Rank: 40
AADEX Omega Ratio Rank: 37
AADEX Calmar Ratio Rank: 55
AADEX Martin Ratio Rank: 47

BRLGX

BRLGX Risk / Return Rank: 39
BRLGX Sharpe Ratio Rank: 46
BRLGX Sortino Ratio Rank: 40
BRLGX Omega Ratio Rank: 40
BRLGX Calmar Ratio Rank: 37
BRLGX Martin Ratio Rank: 35

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.

AADEX vs. BRLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Large Cap Value Fund (AADEX) and American Beacon Bridgeway Large Cap Growth Fund (BRLGX). 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.

	AADEX	BRLGX	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.84	-0.15
Sortino ratio: Return per unit of downside risk	2.44	2.44	0.00
Omega ratio: Gain probability vs. loss probability	1.30	1.31	-0.01
Calmar ratio: Return relative to maximum drawdown	2.71	2.18	+0.53
Martin ratio: Return relative to average drawdown	9.28	7.33	+1.95

AADEX vs. BRLGX - Sharpe Ratio Comparison

The current AADEX Sharpe Ratio is 1.69, which is comparable to the BRLGX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of AADEX and BRLGX, 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

AADEX vs. BRLGX - Drawdown Comparison

The maximum AADEX drawdown since its inception was -59.56%, which is greater than BRLGX's maximum drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for AADEX and BRLGX.

Drawdown Indicators

	AADEX	BRLGX	Difference
Max Drawdown Largest peak-to-trough decline	-59.56%	-55.32%	-4.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-14.64%	+7.33%
Max Drawdown (3Y) Largest decline over 3 years	-19.24%	-28.25%	+9.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.67%	-32.58%	+12.91%
Max Drawdown (10Y) Largest decline over 10 years	-41.69%	-34.79%	-6.90%
Current Drawdown Current decline from peak	-1.83%	-2.37%	+0.54%
Average Drawdown Average peak-to-trough decline	-8.02%	-9.17%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	4.35%	-2.22%

Volatility

AADEX vs. BRLGX - Volatility Comparison

The current volatility for American Beacon Large Cap Value Fund (AADEX) is 3.54%, while American Beacon Bridgeway Large Cap Growth Fund (BRLGX) has a volatility of 7.28%. This indicates that AADEX experiences smaller price fluctuations and is considered to be less risky than BRLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AADEX	BRLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	7.28%	-3.74%
Volatility (6M) Calculated over the trailing 6-month period	8.51%	14.03%	-5.52%
Volatility (1Y) Calculated over the trailing 1-year period	11.74%	17.37%	-5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.26%	22.72%	-5.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.53%	21.97%	-2.44%

AADEX vs. BRLGX - Expense Ratio Comparison

AADEX has a 0.63% expense ratio, which is lower than BRLGX's 0.80% expense ratio.

Dividends

AADEX vs. BRLGX - Dividend Comparison

AADEX's dividend yield for the trailing twelve months is around 11.16%, more than BRLGX's 8.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADEX American Beacon Large Cap Value Fund	11.16%	11.98%	12.61%	5.28%	11.80%	11.20%	14.65%	9.93%	10.39%	10.73%	2.97%	11.85%
BRLGX American Beacon Bridgeway Large Cap Growth Fund	8.76%	10.11%	14.74%	0.76%	17.14%	19.83%	10.72%	10.33%	10.87%	4.20%	0.64%	0.00%

Frequently Asked Questions

Can I hold both AADEX and BRLGX in my portfolio?

AADEX and BRLGX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AADEX or BRLGX?

BRLGX has higher volatility (7.28%) compared to AADEX (3.54%). In terms of maximum drawdown, AADEX dropped -59.56% vs BRLGX's -55.32%.

Which has better risk-adjusted returns?

BRLGX currently has the higher Sharpe Ratio (1.84 vs 1.69), 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.