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BBMUX vs. BBTBX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BBMUX vs. BBTBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridge Builder Municipal Bond Fund (BBMUX) and Bridge Builder Core Bond Fund (BBTBX). The values are adjusted to include any dividend payments, if applicable.

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BBMUX vs. BBTBX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BBMUX
Bridge Builder Municipal Bond Fund
-0.72%5.10%1.50%5.56%-8.23%2.04%4.01%7.15%1.49%4.75%
BBTBX
Bridge Builder Core Bond Fund
-0.65%7.82%1.89%5.41%-13.49%-1.12%8.54%9.15%0.13%4.14%

Returns By Period

In the year-to-date period, BBMUX achieves a -0.72% return, which is significantly lower than BBTBX's -0.65% return. Over the past 10 years, BBMUX has outperformed BBTBX with an annualized return of 1.93%, while BBTBX has yielded a comparatively lower 1.82% annualized return.


BBMUX

1D
0.20%
1M
-2.27%
YTD
-0.72%
6M
0.82%
1Y
3.86%
3Y*
2.94%
5Y*
0.89%
10Y*
1.93%

BBTBX

1D
0.22%
1M
-1.74%
YTD
-0.65%
6M
0.23%
1Y
3.60%
3Y*
3.66%
5Y*
0.25%
10Y*
1.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BBMUX vs. BBTBX - Expense Ratio Comparison

BBMUX has a 0.15% expense ratio, which is higher than BBTBX's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

BBMUX vs. BBTBX — Risk / Return Rank

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

BBMUX
BBMUX Risk / Return Rank: 5151
Overall Rank
BBMUX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
BBMUX Sortino Ratio Rank: 5252
Sortino Ratio Rank
BBMUX Omega Ratio Rank: 7878
Omega Ratio Rank
BBMUX Calmar Ratio Rank: 3434
Calmar Ratio Rank
BBMUX Martin Ratio Rank: 3131
Martin Ratio Rank

BBTBX
BBTBX Risk / Return Rank: 3939
Overall Rank
BBTBX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
BBTBX Sortino Ratio Rank: 3636
Sortino Ratio Rank
BBTBX Omega Ratio Rank: 2727
Omega Ratio Rank
BBTBX Calmar Ratio Rank: 5757
Calmar Ratio Rank
BBTBX Martin Ratio Rank: 3737
Martin Ratio Rank
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.

BBMUX vs. BBTBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Municipal Bond Fund (BBMUX) and Bridge Builder Core Bond Fund (BBTBX). 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.


BBMUXBBTBXDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.90

+0.26

Sortino ratio

Return per unit of downside risk

1.55

1.28

+0.27

Omega ratio

Gain probability vs. loss probability

1.32

1.16

+0.16

Calmar ratio

Return relative to maximum drawdown

1.09

1.48

-0.39

Martin ratio

Return relative to average drawdown

3.88

4.21

-0.32

BBMUX vs. BBTBX - Sharpe Ratio Comparison

The current BBMUX Sharpe Ratio is 1.16, which is comparable to the BBTBX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of BBMUX and BBTBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BBMUXBBTBXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

0.90

+0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.04

+0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.37

+0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.65

0.37

+0.28

Correlation

The correlation between BBMUX and BBTBX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

BBMUX vs. BBTBX - Dividend Comparison

BBMUX's dividend yield for the trailing twelve months is around 3.06%, less than BBTBX's 3.66% yield.


TTM20252024202320222021202020192018201720162015
BBMUX
Bridge Builder Municipal Bond Fund
3.06%3.61%2.81%2.21%1.82%1.93%2.10%2.61%2.35%1.95%0.35%0.06%
BBTBX
Bridge Builder Core Bond Fund
3.66%4.58%3.92%2.86%2.26%2.38%4.73%3.39%3.02%2.67%0.95%0.17%

Drawdowns

BBMUX vs. BBTBX - Drawdown Comparison

The maximum BBMUX drawdown since its inception was -12.65%, smaller than the maximum BBTBX drawdown of -18.54%. Use the drawdown chart below to compare losses from any high point for BBMUX and BBTBX.


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Drawdown Indicators


BBMUXBBTBXDifference

Max Drawdown

Largest peak-to-trough decline

-12.65%

-18.54%

+5.89%

Max Drawdown (1Y)

Largest decline over 1 year

-3.64%

-2.93%

-0.71%

Max Drawdown (5Y)

Largest decline over 5 years

-12.65%

-18.54%

+5.89%

Max Drawdown (10Y)

Largest decline over 10 years

-12.65%

-18.54%

+5.89%

Current Drawdown

Current decline from peak

-2.56%

-2.17%

-0.39%

Average Drawdown

Average peak-to-trough decline

-2.28%

-3.94%

+1.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.02%

1.03%

-0.01%

Volatility

BBMUX vs. BBTBX - Volatility Comparison

The current volatility for Bridge Builder Municipal Bond Fund (BBMUX) is 0.95%, while Bridge Builder Core Bond Fund (BBTBX) has a volatility of 1.65%. This indicates that BBMUX experiences smaller price fluctuations and is considered to be less risky than BBTBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BBMUXBBTBXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.95%

1.65%

-0.70%

Volatility (6M)

Calculated over the trailing 6-month period

1.55%

2.68%

-1.13%

Volatility (1Y)

Calculated over the trailing 1-year period

3.76%

4.56%

-0.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.21%

5.94%

-2.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.23%

4.92%

-1.69%