BBLIX vs. BBMIX

Last updated Jun 4, 2026

BBLIX (BBH Select Series - Large Cap Fund) and BBMIX (BBH Select Series - Mid Cap Fund) are both mutual funds - BBLIX is a Large Cap Growth Equities fund managed by BBH, while BBMIX is a Mid Cap Growth Equities fund managed by BBH. Over the past 5 years, BBLIX returned 8.43%/yr vs 3.05%/yr for BBMIX. Their correlation of 0.83 suggests significant overlap in exposure. BBLIX charges 0.70%/yr vs 0.90%/yr for BBMIX.

Performance

BBLIX vs. BBMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BBH Select Series - Large Cap Fund (BBLIX) and BBH Select Series - Mid Cap Fund (BBMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBLIX achieves a 1.58% return, which is significantly lower than BBMIX's 2.86% return.

BBLIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.58%
• 6M: 1.58%
• 1Y: 8.23%
• 3Y*: 13.79%
• 5Y*: 8.43%
• 10Y*: —

BBMIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 2.86%
• 6M: 2.86%
• 1Y: 1.23%
• 3Y*: 6.69%
• 5Y*: 3.05%
• 10Y*: —

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

BBLIX vs. BBMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BBLIX BBH Select Series - Large Cap Fund	1.58%	12.07%	15.83%	23.86%	-20.59%	14.99%
BBMIX BBH Select Series - Mid Cap Fund	2.86%	-6.45%	11.41%	26.01%	-24.76%	13.50%

Correlation

The correlation between BBLIX and BBMIX is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 25, 2021	0.83

The correlation between BBLIX and BBMIX shifts across timeframes, from 0.69 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BBLIX vs. BBMIX — Risk / Return Rank

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

BBLIX

BBLIX Risk / Return Rank: 33
BBLIX Sharpe Ratio Rank: 23
BBLIX Sortino Ratio Rank: 23
BBLIX Omega Ratio Rank: 36
BBLIX Calmar Ratio Rank: 60
BBLIX Martin Ratio Rank: 22

BBMIX

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

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.

BBLIX vs. BBMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BBH Select Series - Large Cap Fund (BBLIX) and BBH Select Series - Mid Cap Fund (BBMIX). 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.

	BBLIX	BBMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	0.24	+1.14
Sortino ratio: Return per unit of downside risk	1.99	0.43	+1.56
Omega ratio: Gain probability vs. loss probability	1.32	1.07	+0.26
Calmar ratio: Return relative to maximum drawdown	2.98	0.32	+2.67
Martin ratio: Return relative to average drawdown	5.72	0.50	+5.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBLIX vs. BBMIX - Sharpe Ratio Comparison

The current BBLIX Sharpe Ratio is 1.38, which is higher than the BBMIX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of BBLIX and BBMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBLIX	BBMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	0.24	+1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.16	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.15	+0.42

Drawdowns

BBLIX vs. BBMIX - Drawdown Comparison

The maximum BBLIX drawdown since its inception was -33.49%, which is greater than BBMIX's maximum drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for BBLIX and BBMIX.

Drawdown Indicators

	BBLIX	BBMIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.49%	-28.90%	-4.59%
Max Drawdown (1Y) Largest decline over 1 year	-3.63%	-8.89%	+5.26%
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	-23.79%	+9.11%
Max Drawdown (5Y) Largest decline over 5 years	-28.06%	-28.90%	+0.84%
Current Drawdown Current decline from peak	-1.80%	-11.28%	+9.48%
Average Drawdown Average peak-to-trough decline	-6.35%	-10.51%	+4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	5.68%	-3.25%

Volatility

BBLIX vs. BBMIX - Volatility Comparison

The current volatility for BBH Select Series - Large Cap Fund (BBLIX) is 0.00%, while BBH Select Series - Mid Cap Fund (BBMIX) has a volatility of 0.00%. This indicates that BBLIX experiences smaller price fluctuations and is considered to be less risky than BBMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBLIX	BBMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	0.00%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	4.76%	6.37%	-1.61%
Volatility (1Y) Calculated over the trailing 1-year period	7.86%	11.62%	-3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	19.72%	-3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	19.68%	-1.13%

BBLIX vs. BBMIX - Expense Ratio Comparison

BBLIX has a 0.70% expense ratio, which is lower than BBMIX's 0.90% expense ratio.

Dividends

BBLIX vs. BBMIX - Dividend Comparison

BBLIX's dividend yield for the trailing twelve months is around 9.39%, while BBMIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBLIX BBH Select Series - Large Cap Fund	9.39%	9.54%	4.20%	0.28%	1.45%	3.27%	0.34%	0.04%
BBMIX BBH Select Series - Mid Cap Fund	0.00%	0.00%	0.32%	0.10%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBLIX and BBMIX in my portfolio?

BBLIX and BBMIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBLIX or BBMIX?

BBMIX has higher volatility (0.00%) compared to BBLIX (0.00%). In terms of maximum drawdown, BBLIX dropped -33.49% vs BBMIX's -28.90%.

Which has better risk-adjusted returns?

BBLIX currently has the higher Sharpe Ratio (1.38 vs 0.24), 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.