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BBTBX vs. WFBIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BBTBX vs. WFBIX - Performance Comparison

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

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Returns By Period

In the year-to-date period, BBTBX achieves a -0.08% return, which is significantly lower than WFBIX's 0.21% return. Over the past 10 years, BBTBX has underperformed WFBIX with an annualized return of 1.79%, while WFBIX has yielded a comparatively higher 1.94% annualized return.


BBTBX

1D
-0.22%
1M
0.16%
YTD
-0.08%
6M
0.07%
1Y
4.47%
3Y*
4.21%
5Y*
0.15%
10Y*
1.79%

WFBIX

1D
-0.22%
1M
0.11%
YTD
0.21%
6M
0.32%
1Y
4.53%
3Y*
5.26%
5Y*
0.87%
10Y*
1.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BBTBX vs. WFBIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BBTBX
Bridge Builder Core Bond Fund
-0.08%7.82%1.89%5.41%-13.49%-1.12%8.54%9.15%0.13%4.14%
WFBIX
iShares U.S. Aggregate Bond Index Fund
0.21%7.16%1.43%9.65%-13.03%-1.79%7.40%8.72%-0.08%3.39%

Correlation

The correlation between BBTBX and WFBIX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.95

Correlation (3Y)
Calculated over the trailing 3-year period

0.94

Correlation (5Y)
Calculated over the trailing 5-year period

0.95

Correlation (10Y)
Calculated over the trailing 10-year period

0.92

Correlation (All Time)
Calculated using the full available price history since Oct 31, 2013

0.92

The correlation between BBTBX and WFBIX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

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Return for Risk

BBTBX vs. WFBIX — Risk / Return Rank

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

BBTBX
BBTBX Risk / Return Rank: 2121
Overall Rank
BBTBX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
BBTBX Sortino Ratio Rank: 2121
Sortino Ratio Rank
BBTBX Omega Ratio Rank: 1919
Omega Ratio Rank
BBTBX Calmar Ratio Rank: 2424
Calmar Ratio Rank
BBTBX Martin Ratio Rank: 2020
Martin Ratio Rank

WFBIX
WFBIX Risk / Return Rank: 2020
Overall Rank
WFBIX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
WFBIX Sortino Ratio Rank: 2222
Sortino Ratio Rank
WFBIX Omega Ratio Rank: 2020
Omega Ratio Rank
WFBIX Calmar Ratio Rank: 2222
Calmar Ratio Rank
WFBIX Martin Ratio Rank: 1919
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.

BBTBX vs. WFBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Core Bond Fund (BBTBX) and iShares U.S. Aggregate Bond Index Fund (WFBIX). 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.


BBTBXWFBIXDifference
Sharpe ratioReturn per unit of total volatility

0.00

Sortino ratioReturn per unit of downside risk

-0.03

Omega ratioGain probability vs. loss probability

1.23

1.23

0.00

Calmar ratioReturn relative to maximum drawdown

1.80

1.70

+0.10

Martin ratioReturn relative to average drawdown

5.20

5.08

+0.13

BBTBX vs. WFBIX - Sharpe Ratio Comparison

The current BBTBX Sharpe Ratio is 1.30, which is comparable to the WFBIX Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of BBTBX and WFBIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BBTBXWFBIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.30

1.30

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.03

0.14

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

0.38

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.94

-0.57

Drawdowns

BBTBX vs. WFBIX - Drawdown Comparison

The maximum BBTBX drawdown since its inception was -18.54%, roughly equal to the maximum WFBIX drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for BBTBX and WFBIX.


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Drawdown Indicators


BBTBXWFBIXDifference

Max Drawdown

Largest peak-to-trough decline

-18.54%

-18.68%

+0.14%

Max Drawdown (1Y)

Largest decline over 1 year

-2.97%

-3.02%

+0.05%

Max Drawdown (3Y)

Largest decline over 3 years

-6.32%

-6.09%

-0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-18.54%

-17.84%

-0.70%

Max Drawdown (10Y)

Largest decline over 10 years

-18.54%

-18.68%

+0.14%

Current Drawdown

Current decline from peak

-1.61%

-1.71%

+0.10%

Average Drawdown

Average peak-to-trough decline

-3.91%

-2.26%

-1.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.01%

1.01%

0.00%

Volatility

BBTBX vs. WFBIX - Volatility Comparison

Bridge Builder Core Bond Fund (BBTBX) and iShares U.S. Aggregate Bond Index Fund (WFBIX) have volatilities of 1.35% and 1.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BBTBXWFBIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.35%

1.31%

+0.04%

Volatility (6M)

Calculated over the trailing 6-month period

2.94%

2.80%

+0.14%

Volatility (1Y)

Calculated over the trailing 1-year period

4.13%

3.97%

+0.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.97%

6.40%

-0.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.94%

5.17%

-0.23%

BBTBX vs. WFBIX - Expense Ratio Comparison

BBTBX has a 0.13% expense ratio, which is higher than WFBIX'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%.


Dividends

BBTBX vs. WFBIX - Dividend Comparison

BBTBX's dividend yield for the trailing twelve months is around 4.08%, more than WFBIX's 3.91% yield.


PositionTTM20252024202320222021202020192018201720162015
BBTBX
Bridge Builder Core Bond Fund
4.08%4.58%3.92%2.86%2.26%2.38%4.73%3.39%3.02%2.67%0.95%0.17%
WFBIX
iShares U.S. Aggregate Bond Index Fund
3.91%3.78%3.68%6.82%2.60%2.04%2.43%2.88%2.71%2.24%2.25%2.20%

Frequently Asked Questions


With a correlation of 0.95, BBTBX and WFBIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

BBTBX has higher volatility (1.35%) compared to WFBIX (1.31%). In terms of maximum drawdown, BBTBX dropped -18.54% vs WFBIX's -18.68%.

BBTBX currently has the higher Sharpe Ratio (1.30 vs 1.30), 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.

Portfolio Optimizer

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