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BBMUX vs. VTEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBMUX and VTEB is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

BBMUX vs. VTEB - Performance Comparison

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

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Key characteristics

Sharpe Ratio

BBMUX:

0.38

VTEB:

0.10

Sortino Ratio

BBMUX:

0.52

VTEB:

0.16

Omega Ratio

BBMUX:

1.09

VTEB:

1.02

Calmar Ratio

BBMUX:

0.38

VTEB:

0.10

Martin Ratio

BBMUX:

1.35

VTEB:

0.32

Ulcer Index

BBMUX:

1.14%

VTEB:

1.52%

Daily Std Dev

BBMUX:

4.09%

VTEB:

4.73%

Max Drawdown

BBMUX:

-12.15%

VTEB:

-17.00%

Current Drawdown

BBMUX:

-2.01%

VTEB:

-2.92%

Returns By Period

In the year-to-date period, BBMUX achieves a -0.45% return, which is significantly higher than VTEB's -1.35% return.


BBMUX

YTD

-0.45%

1M

0.62%

6M

-0.36%

1Y

1.54%

5Y*

1.73%

10Y*

N/A

VTEB

YTD

-1.35%

1M

1.15%

6M

-1.63%

1Y

0.64%

5Y*

0.91%

10Y*

N/A

*Annualized

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BBMUX vs. VTEB - Expense Ratio Comparison

BBMUX has a 0.15% expense ratio, which is higher than VTEB's 0.05% 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%.


Risk-Adjusted Performance

BBMUX vs. VTEB — Risk-Adjusted Performance Rank

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

BBMUX
The Risk-Adjusted Performance Rank of BBMUX is 4949
Overall Rank
The Sharpe Ratio Rank of BBMUX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of BBMUX is 4242
Sortino Ratio Rank
The Omega Ratio Rank of BBMUX is 4747
Omega Ratio Rank
The Calmar Ratio Rank of BBMUX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of BBMUX is 5050
Martin Ratio Rank

VTEB
The Risk-Adjusted Performance Rank of VTEB is 2323
Overall Rank
The Sharpe Ratio Rank of VTEB is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of VTEB is 2020
Sortino Ratio Rank
The Omega Ratio Rank of VTEB is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VTEB is 2727
Calmar Ratio Rank
The Martin Ratio Rank of VTEB is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BBMUX vs. VTEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Municipal Bond Fund (BBMUX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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.


The current BBMUX Sharpe Ratio is 0.38, which is higher than the VTEB Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of BBMUX and VTEB, 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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Dividends

BBMUX vs. VTEB - Dividend Comparison

BBMUX's dividend yield for the trailing twelve months is around 3.20%, less than VTEB's 3.27% yield.


TTM2024202320222021202020192018201720162015
BBMUX
Bridge Builder Municipal Bond Fund
3.20%3.38%2.94%2.40%1.93%2.30%2.61%2.35%1.95%1.88%0.64%
VTEB
Vanguard Tax-Exempt Bond ETF
3.27%3.14%2.79%2.09%1.65%1.99%2.30%2.25%1.96%1.66%0.58%

Drawdowns

BBMUX vs. VTEB - Drawdown Comparison

The maximum BBMUX drawdown since its inception was -12.15%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for BBMUX and VTEB. For additional features, visit the drawdowns tool.


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Volatility

BBMUX vs. VTEB - Volatility Comparison

Bridge Builder Municipal Bond Fund (BBMUX) has a higher volatility of 1.97% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 1.59%. This indicates that BBMUX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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