BBVSX vs. BBGSX

Last updated Aug 4, 2026

BBVSX (Bridge Builder Small/Mid Cap Value Fund) and BBGSX (Bridge Builder Small/Mid Cap Growth Fund) are both mutual funds - BBVSX is a Mid 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, BBVSX returned 9.27%/yr vs 10.19%/yr for BBGSX. Their correlation of 0.84 means they have usually moved in the same direction. BBVSX charges 0.41%/yr vs 0.38%/yr for BBGSX.

Performance

BBVSX vs. BBGSX - Performance Comparison

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

Returns By Period

In the year-to-date period, BBVSX achieves a 16.43% return, which is significantly higher than BBGSX's 6.57% return. Over the past 10 years, BBVSX has underperformed BBGSX with an annualized return of 9.27%, while BBGSX has yielded a comparatively higher 10.19% annualized return.

BBVSX

• 1D: 0.06%
• 1M: 0.25%
• 6M: 9.71%
• YTD: 16.43%
• 1Y: 11.99%
• 3Y*: 9.84%
• 5Y*: 6.80%
• 10Y*: 9.27%
• ALL TIME*: 8.07%

BBGSX

• 1D: -0.29%
• 1M: -4.04%
• 6M: 3.33%
• YTD: 6.57%
• 1Y: 5.79%
• 3Y*: 8.24%
• 5Y*: 1.32%
• 10Y*: 10.19%
• ALL TIME*: 10.42%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBGSX Bridge Builder Small/Mid Cap Growth Fund	$0.00	$0.00	$0.00
BBVSX Bridge Builder Small/Mid Cap Value Fund	$0.00	$0.00	$0.00

BBVSX vs. BBGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBVSX Bridge Builder Small/Mid Cap Value Fund	16.43%	-2.25%	10.61%	15.05%	-9.75%	28.14%	6.07%	28.04%	-14.47%	12.65%
BBGSX Bridge Builder Small/Mid Cap Growth Fund	6.57%	0.99%	14.47%	20.98%	-29.84%	16.57%	34.41%	29.01%	-2.18%	21.47%

Correlation

The correlation between BBVSX and BBGSX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.83
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.84

The correlation between BBVSX and BBGSX has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

Return for Risk

BBVSX vs. BBGSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BBVSX

BBVSX Risk / Return Rank: 15
BBVSX Sharpe Ratio Rank: 15
BBVSX Sortino Ratio Rank: 14
BBVSX Omega Ratio Rank: 17
BBVSX Calmar Ratio Rank: 16
BBVSX Martin Ratio Rank: 14

BBGSX

BBGSX Risk / Return Rank: 7
BBGSX Sharpe Ratio Rank: 7
BBGSX Sortino Ratio Rank: 7
BBGSX Omega Ratio Rank: 7
BBGSX Calmar Ratio Rank: 7
BBGSX Martin Ratio Rank: 7

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BBVSX vs. BBGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Small/Mid Cap Value Fund (BBVSX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBVSX	BBGSX	Difference
Sharpe ratio: Return per unit of total volatility	0.63	0.23	+0.41
Sortino ratio: Return per unit of downside risk	0.93	0.45	+0.48
Omega ratio: Gain probability vs. loss probability	1.13	1.05	+0.08
Calmar ratio: Return relative to maximum drawdown	0.84	0.26	+0.59
Martin ratio: Return relative to average drawdown	2.08	0.74	+1.34

BBVSX vs. BBGSX - Sharpe Ratio Comparison

The current BBVSX Sharpe Ratio is 0.63, which is higher than the BBGSX Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of BBVSX 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.

Drawdowns

BBVSX vs. BBGSX - Drawdown Comparison

The maximum BBVSX drawdown since its inception was -43.42%, which is greater than BBGSX's maximum drawdown of -37.95%. Use the drawdown chart below to compare losses from any high point for BBVSX and BBGSX.

Drawdown Indicators

	BBVSX	BBGSX	Difference
Max Drawdown Largest peak-to-trough decline	-43.42%	-37.95%	-5.47%
Max Drawdown (1Y) Largest decline over 1 year	-13.05%	-16.72%	+3.67%
Max Drawdown (3Y) Largest decline over 3 years	-23.25%	-26.11%	+2.86%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-37.95%	+14.70%
Max Drawdown (10Y) Largest decline over 10 years	-43.42%	-37.95%	-5.47%
Current Drawdown Current decline from peak	-1.10%	-5.91%	+4.81%
Average Drawdown Average peak-to-trough decline	-6.10%	-9.46%	+3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.20%	5.66%	-0.46%

Volatility

BBVSX vs. BBGSX - Volatility Comparison

The current volatility for Bridge Builder Small/Mid Cap Value Fund (BBVSX) is 2.95%, while Bridge Builder Small/Mid Cap Growth Fund (BBGSX) has a volatility of 4.17%. This indicates that BBVSX 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

	BBVSX	BBGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	4.17%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	10.40%	14.48%	-4.08%
Volatility (1Y) Calculated over the trailing 1-year period	17.35%	18.85%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.17%	21.88%	-2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	20.98%	-0.05%

BBVSX vs. BBGSX - Expense Ratio Comparison

BBVSX has a 0.41% expense ratio, which is higher than BBGSX's 0.38% expense ratio.

Dividends

BBVSX vs. BBGSX - Dividend Comparison

Neither BBVSX nor BBGSX has 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%
BBVSX Bridge Builder Small/Mid Cap Value Fund	0.00%	0.00%	6.75%	3.88%	7.57%	10.92%	2.38%	1.32%	5.03%	1.18%	0.82%	0.68%

Frequently Asked Questions

Can I hold both BBVSX and BBGSX in my portfolio?

BBVSX and BBGSX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBVSX or BBGSX?

BBGSX has higher volatility (4.17%) compared to BBVSX (2.95%). In terms of maximum drawdown, BBVSX dropped -43.42% vs BBGSX's -37.95%.

Which has better risk-adjusted returns?

BBVSX currently has the higher Sharpe Ratio (0.63 vs 0.23), 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.