BBGLX vs. DLS

Last updated Jun 13, 2026

BBGLX (Bridge Builder Large Cap Growth Fund) and DLS (WisdomTree International SmallCap Dividend) are both funds - BBGLX is a Large Cap Growth Equities fund managed by Bridge Builder, while DLS is a Foreign Small & Mid Cap Equities fund tracking the WisdomTree International SmallCap Dividend Index. Over the past 10 years, BBGLX returned 13.54%/yr vs 8.07%/yr for DLS. A 0.69 correlation means they provide meaningful diversification when combined. BBGLX charges 0.19%/yr vs 0.58%/yr for DLS.

Performance

BBGLX vs. DLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridge Builder Large Cap Growth Fund (BBGLX) and WisdomTree International SmallCap Dividend (DLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBGLX achieves a 1.53% return, which is significantly lower than DLS's 7.56% return. Over the past 10 years, BBGLX has outperformed DLS with an annualized return of 13.54%, while DLS has yielded a comparatively lower 8.07% annualized return.

BBGLX

• 1D: 1.30%
• 1M: -1.70%
• YTD: 1.53%
• 6M: -7.75%
• 1Y: 2.59%
• 3Y*: 12.64%
• 5Y*: 6.58%
• 10Y*: 13.54%

DLS

• 1D: 0.13%
• 1M: 0.56%
• YTD: 7.56%
• 6M: 9.92%
• 1Y: 23.02%
• 3Y*: 16.92%
• 5Y*: 6.78%
• 10Y*: 8.07%

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

BBGLX vs. DLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBGLX Bridge Builder Large Cap Growth Fund	1.53%	2.79%	21.45%	32.21%	-26.82%	23.34%	34.84%	33.32%	0.10%	25.33%
DLS WisdomTree International SmallCap Dividend	7.56%	34.11%	3.06%	15.33%	-17.31%	11.71%	-1.28%	22.20%	-18.95%	31.83%

Correlation

The correlation between BBGLX and DLS is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Apr 29, 2015	0.69

The correlation between BBGLX and DLS shifts across timeframes, from 0.56 (3 years) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BBGLX vs. DLS — Risk / Return Rank

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

BBGLX

BBGLX Risk / Return Rank: 4
BBGLX Sharpe Ratio Rank: 4
BBGLX Sortino Ratio Rank: 4
BBGLX Omega Ratio Rank: 5
BBGLX Calmar Ratio Rank: 4
BBGLX Martin Ratio Rank: 4

DLS

DLS Risk / Return Rank: 50
DLS Sharpe Ratio Rank: 53
DLS Sortino Ratio Rank: 53
DLS Omega Ratio Rank: 52
DLS Calmar Ratio Rank: 45
DLS Martin Ratio Rank: 48

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.

BBGLX vs. DLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Large Cap Growth Fund (BBGLX) and WisdomTree International SmallCap Dividend (DLS). 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.

	BBGLX	DLS	Difference
Sharpe ratio: Return per unit of total volatility	0.09	1.58	-1.49
Sortino ratio: Return per unit of downside risk	0.22	2.27	-2.05
Omega ratio: Gain probability vs. loss probability	1.03	1.29	-0.25
Calmar ratio: Return relative to maximum drawdown	0.07	1.97	-1.91
Martin ratio: Return relative to average drawdown	0.16	7.11	-6.95

BBGLX vs. DLS - Sharpe Ratio Comparison

The current BBGLX Sharpe Ratio is 0.09, which is lower than the DLS Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of BBGLX and DLS, 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

BBGLX vs. DLS - Drawdown Comparison

The maximum BBGLX drawdown since its inception was -32.31%, smaller than the maximum DLS drawdown of -63.13%. Use the drawdown chart below to compare losses from any high point for BBGLX and DLS.

Drawdown Indicators

	BBGLX	DLS	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-63.13%	+30.82%
Max Drawdown (1Y) Largest decline over 1 year	-22.44%	-11.04%	-11.40%
Max Drawdown (3Y) Largest decline over 3 years	-22.44%	-12.69%	-9.75%
Max Drawdown (5Y) Largest decline over 5 years	-32.31%	-32.22%	-0.09%
Max Drawdown (10Y) Largest decline over 10 years	-32.31%	-44.77%	+12.46%
Current Drawdown Current decline from peak	-9.95%	-2.36%	-7.59%
Average Drawdown Average peak-to-trough decline	-6.22%	-13.63%	+7.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.05%	3.06%	+5.99%

Volatility

BBGLX vs. DLS - Volatility Comparison

The current volatility for Bridge Builder Large Cap Growth Fund (BBGLX) is 4.54%, while WisdomTree International SmallCap Dividend (DLS) has a volatility of 4.90%. This indicates that BBGLX experiences smaller price fluctuations and is considered to be less risky than DLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBGLX	DLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	4.90%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	13.72%	11.48%	+2.24%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	13.81%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.68%	15.64%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.45%	16.68%	+2.77%

BBGLX vs. DLS - Expense Ratio Comparison

BBGLX has a 0.19% expense ratio, which is lower than DLS's 0.58% expense ratio.

Dividends

BBGLX vs. DLS - Dividend Comparison

BBGLX has not paid dividends to shareholders, while DLS's dividend yield for the trailing twelve months is around 3.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBGLX Bridge Builder Large Cap Growth Fund	0.00%	0.00%	7.16%	0.78%	0.71%	7.71%	3.67%	2.05%	5.25%	0.80%	0.92%	0.52%
DLS WisdomTree International SmallCap Dividend	3.47%	3.87%	4.56%	4.29%	4.96%	3.29%	2.50%	3.37%	3.66%	2.79%	3.29%	2.72%

Frequently Asked Questions

Can I hold both BBGLX and DLS in my portfolio?

BBGLX and DLS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBGLX or DLS?

DLS has higher volatility (4.90%) compared to BBGLX (4.54%). In terms of maximum drawdown, BBGLX dropped -32.31% vs DLS's -63.13%.

Which has better risk-adjusted returns?

DLS currently has the higher Sharpe Ratio (1.58 vs 0.09), 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.