BBVLX vs. BBGSX

Last updated Jun 5, 2026

BBVLX (Bridge Builder Large Cap Value Fund) and BBGSX (Bridge Builder Small/Mid Cap Growth Fund) are both mutual funds - BBVLX is a Large Cap Value Equities fund managed by Bridge Builder, while BBGSX is a Mid Cap Growth Equities fund managed by Bridge Builder. Over the past 10 years, BBVLX returned 12.06%/yr vs 10.69%/yr for BBGSX. A 0.80 correlation means they provide meaningful diversification when combined. BBVLX charges 0.23%/yr vs 0.38%/yr for BBGSX.

Performance

BBVLX vs. BBGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridge Builder Large Cap Value Fund (BBVLX) and Bridge Builder Small/Mid Cap Growth Fund (BBGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with BBVLX having a 9.03% return and BBGSX slightly lower at 8.90%. Over the past 10 years, BBVLX has outperformed BBGSX with an annualized return of 12.06%, while BBGSX has yielded a comparatively lower 10.69% annualized return.

BBVLX

• 1D: -0.37%
• 1M: 2.80%
• YTD: 9.03%
• 6M: 1.42%
• 1Y: 11.53%
• 3Y*: 15.78%
• 5Y*: 9.50%
• 10Y*: 12.06%

BBGSX

• 1D: -0.84%
• 1M: 3.62%
• YTD: 8.90%
• 6M: -0.62%
• 1Y: 11.22%
• 3Y*: 11.79%
• 5Y*: 3.14%
• 10Y*: 10.69%

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

BBVLX vs. BBGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBVLX Bridge Builder Large Cap Value Fund	9.03%	4.45%	22.32%	13.84%	-5.32%	26.23%	9.57%	28.49%	-8.15%	17.20%
BBGSX Bridge Builder Small/Mid Cap Growth Fund	8.90%	0.99%	14.47%	20.98%	-29.84%	16.57%	34.41%	29.01%	-2.18%	21.47%

Correlation

The correlation between BBVLX and BBGSX is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.80

The correlation between BBVLX and BBGSX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

Return for Risk

BBVLX vs. BBGSX — Risk / Return Rank

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

BBVLX

BBVLX Risk / Return Rank: 11
BBVLX Sharpe Ratio Rank: 12
BBVLX Sortino Ratio Rank: 10
BBVLX Omega Ratio Rank: 14
BBVLX Calmar Ratio Rank: 11
BBVLX Martin Ratio Rank: 10

BBGSX

BBGSX Risk / Return Rank: 8
BBGSX Sharpe Ratio Rank: 9
BBGSX Sortino Ratio Rank: 9
BBGSX Omega Ratio Rank: 8
BBGSX Calmar Ratio Rank: 8
BBGSX Martin Ratio Rank: 8

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.

BBVLX vs. BBGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Large Cap Value Fund (BBVLX) and Bridge Builder Small/Mid Cap Growth Fund (BBGSX). 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.

	BBVLX	BBGSX	Difference
Sharpe ratio: Return per unit of total volatility	0.90	0.69	+0.22
Sortino ratio: Return per unit of downside risk	1.21	1.07	+0.14
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.06
Calmar ratio: Return relative to maximum drawdown	1.05	0.72	+0.32
Martin ratio: Return relative to average drawdown	2.84	2.17	+0.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBVLX vs. BBGSX - Sharpe Ratio Comparison

The current BBVLX Sharpe Ratio is 0.90, which is higher than the BBGSX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of BBVLX and BBGSX, 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

	BBVLX	BBGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.69	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.15	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.51	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.52	+0.10

Drawdowns

BBVLX vs. BBGSX - Drawdown Comparison

The maximum BBVLX drawdown since its inception was -38.48%, roughly equal to the maximum BBGSX drawdown of -37.95%. Use the drawdown chart below to compare losses from any high point for BBVLX and BBGSX.

Drawdown Indicators

	BBVLX	BBGSX	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	-37.95%	-0.53%
Max Drawdown (1Y) Largest decline over 1 year	-11.28%	-16.72%	+5.44%
Max Drawdown (3Y) Largest decline over 3 years	-14.58%	-26.11%	+11.53%
Max Drawdown (5Y) Largest decline over 5 years	-18.24%	-37.95%	+19.71%
Max Drawdown (10Y) Largest decline over 10 years	-38.48%	-37.95%	-0.53%
Current Drawdown Current decline from peak	-0.37%	-1.77%	+1.40%
Average Drawdown Average peak-to-trough decline	-4.09%	-9.56%	+5.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	5.50%	-1.40%

Volatility

BBVLX vs. BBGSX - Volatility Comparison

The current volatility for Bridge Builder Large Cap Value Fund (BBVLX) is 2.68%, while Bridge Builder Small/Mid Cap Growth Fund (BBGSX) has a volatility of 4.60%. This indicates that BBVLX experiences smaller price fluctuations and is considered to be less risky than BBGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBVLX	BBGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.68%	4.60%	-1.92%
Volatility (6M) Calculated over the trailing 6-month period	11.02%	14.19%	-3.17%
Volatility (1Y) Calculated over the trailing 1-year period	13.09%	17.69%	-4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	21.69%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.94%	20.96%	-3.02%

BBVLX vs. BBGSX - Expense Ratio Comparison

BBVLX has a 0.23% expense ratio, which is lower than BBGSX's 0.38% expense ratio.

Dividends

BBVLX vs. BBGSX - Dividend Comparison

BBVLX's dividend yield for the trailing twelve months is around 1.68%, while BBGSX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBGSX Bridge Builder Small/Mid Cap Growth Fund	0.00%	0.00%	0.58%	0.32%	0.19%	18.00%	12.59%	4.07%	6.12%	1.09%	0.36%	0.00%
BBVLX Bridge Builder Large Cap Value Fund	1.68%	1.89%	14.73%	5.11%	9.12%	7.09%	1.62%	1.80%	3.45%	2.23%	1.68%	1.24%

Frequently Asked Questions

Can I hold both BBVLX and BBGSX in my portfolio?

BBVLX and BBGSX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBVLX or BBGSX?

BBGSX has higher volatility (4.60%) compared to BBVLX (2.68%). In terms of maximum drawdown, BBVLX dropped -38.48% vs BBGSX's -37.95%.

Which has better risk-adjusted returns?

BBVLX currently has the higher Sharpe Ratio (0.90 vs 0.69), 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.