BIGZ vs. VBR

Last updated Jun 25, 2026

BIGZ (Blackrock Innovation & Growth Trust) is a stock, while VBR (Vanguard Small-Cap Value ETF) is Small Cap Value Equities fund tracking the CRSP US Small Cap Value Index. Over the past 5 years, BIGZ returned -6.19%/yr vs 8.60%/yr for VBR. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

BIGZ vs. VBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock Innovation & Growth Trust (BIGZ) and Vanguard Small-Cap Value ETF (VBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIGZ achieves a 37.95% return, which is significantly higher than VBR's 14.21% return.

BIGZ

• 1D: -4.89%
• 1M: -1.68%
• YTD: 37.95%
• 6M: 35.48%
• 1Y: 32.93%
• 3Y*: 16.26%
• 5Y*: -6.19%
• 10Y*: —

VBR

• 1D: 0.81%
• 1M: 3.37%
• YTD: 14.21%
• 6M: 12.35%
• 1Y: 26.15%
• 3Y*: 17.22%
• 5Y*: 8.60%
• 10Y*: 11.10%

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

BIGZ vs. VBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BIGZ Blackrock Innovation & Growth Trust	37.95%	0.86%	13.42%	19.29%	-47.76%	-24.45%
VBR Vanguard Small-Cap Value ETF	14.21%	9.09%	12.40%	16.00%	-9.38%	11.13%

Correlation

The correlation between BIGZ and VBR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021	0.62

The correlation between BIGZ and VBR shifts across timeframes, from 0.44 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BIGZ vs. VBR — Risk / Return Rank

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

BIGZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VBR

VBR Risk / Return Rank: 60
VBR Sharpe Ratio Rank: 56
VBR Sortino Ratio Rank: 60
VBR Omega Ratio Rank: 52
VBR Calmar Ratio Rank: 66
VBR Martin Ratio Rank: 64

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.

BIGZ vs. VBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Innovation & Growth Trust (BIGZ) and Vanguard Small-Cap Value ETF (VBR). 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.

	BIGZ	VBR	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.72	-0.19
Sortino ratio: Return per unit of downside risk	2.19	2.54	-0.35
Omega ratio: Gain probability vs. loss probability	1.26	1.30	-0.04
Calmar ratio: Return relative to maximum drawdown	2.66	2.97	-0.30
Martin ratio: Return relative to average drawdown	6.61	10.48	-3.87

BIGZ vs. VBR - Sharpe Ratio Comparison

The current BIGZ Sharpe Ratio is 1.53, which is comparable to the VBR Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of BIGZ and VBR, 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

BIGZ vs. VBR - Drawdown Comparison

The maximum BIGZ drawdown since its inception was -67.27%, which is greater than VBR's maximum drawdown of -61.98%. Use the drawdown chart below to compare losses from any high point for BIGZ and VBR.

Drawdown Indicators

	BIGZ	VBR	Difference
Max Drawdown Largest peak-to-trough decline	-67.27%	-61.98%	-5.29%
Max Drawdown (1Y) Largest decline over 1 year	-13.99%	-8.85%	-5.14%
Max Drawdown (3Y) Largest decline over 3 years	-31.71%	-24.19%	-7.52%
Max Drawdown (5Y) Largest decline over 5 years	-63.51%	-24.19%	-39.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.28%	—
Current Drawdown Current decline from peak	-35.25%	-0.34%	-34.91%
Average Drawdown Average peak-to-trough decline	-49.52%	-8.25%	-41.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.63%	2.50%	+3.13%

Volatility

BIGZ vs. VBR - Volatility Comparison

Blackrock Innovation & Growth Trust (BIGZ) has a higher volatility of 9.93% compared to Vanguard Small-Cap Value ETF (VBR) at 3.97%. This indicates that BIGZ's price experiences larger fluctuations and is considered to be riskier than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIGZ	VBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.93%	3.97%	+5.96%
Volatility (6M) Calculated over the trailing 6-month period	19.72%	10.69%	+9.03%
Volatility (1Y) Calculated over the trailing 1-year period	24.37%	15.29%	+9.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.75%	19.73%	+10.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.54%	21.71%	+7.83%

Dividends

BIGZ vs. VBR - Dividend Comparison

BIGZ has not paid dividends to shareholders, while VBR's dividend yield for the trailing twelve months is around 1.72%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIGZ Blackrock Innovation & Growth Trust	7.50%	13.68%	11.21%	10.45%	14.54%	4.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VBR Vanguard Small-Cap Value ETF	1.72%	1.95%	1.98%	2.12%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%

Frequently Asked Questions

Can I hold both BIGZ and VBR in my portfolio?

BIGZ and VBR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIGZ or VBR?

BIGZ has higher volatility (9.93%) compared to VBR (3.97%). In terms of maximum drawdown, BIGZ dropped -67.27% vs VBR's -61.98%.

Which has better risk-adjusted returns?

VBR currently has the higher Sharpe Ratio (1.72 vs 1.53), 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.