BQLCX vs. BQMGX

Last updated Jun 3, 2026

BQLCX (Bright Rock Quality Large Cap Fund) and BQMGX (Bright Rock Mid Cap Growth Fund) are both mutual funds - BQLCX is a Large Cap Blend Equities fund managed by Bright Rock, while BQMGX is a Mid Cap Growth Equities fund managed by Bright Rock. Over the past 10 years, BQLCX returned 10.22%/yr vs 8.86%/yr for BQMGX. Their correlation of 0.85 suggests significant overlap in exposure. BQLCX charges 0.87%/yr vs 1.07%/yr for BQMGX.

Performance

BQLCX vs. BQMGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bright Rock Quality Large Cap Fund (BQLCX) and Bright Rock Mid Cap Growth Fund (BQMGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BQLCX achieves a 3.58% return, which is significantly higher than BQMGX's -2.25% return. Over the past 10 years, BQLCX has outperformed BQMGX with an annualized return of 10.22%, while BQMGX has yielded a comparatively lower 8.86% annualized return.

BQLCX

• 1D: 0.52%
• 1M: 0.96%
• YTD: 3.58%
• 6M: 4.49%
• 1Y: 14.05%
• 3Y*: 10.20%
• 5Y*: 7.63%
• 10Y*: 10.22%

BQMGX

• 1D: 0.74%
• 1M: 0.48%
• YTD: -2.25%
• 6M: -2.57%
• 1Y: -1.61%
• 3Y*: 5.37%
• 5Y*: 3.23%
• 10Y*: 8.86%

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

BQLCX vs. BQMGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BQLCX Bright Rock Quality Large Cap Fund	3.58%	9.54%	6.70%	20.96%	-10.58%	27.60%	9.54%	29.95%	-5.58%	16.33%
BQMGX Bright Rock Mid Cap Growth Fund	-2.25%	-0.29%	14.16%	13.00%	-19.44%	23.02%	19.62%	32.05%	-6.68%	22.16%

Correlation

The correlation between BQLCX and BQMGX is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since May 27, 2010	0.85

The correlation between BQLCX and BQMGX shifts across timeframes, from 0.74 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BQLCX vs. BQMGX — Risk / Return Rank

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

BQLCX

BQLCX Risk / Return Rank: 28
BQLCX Sharpe Ratio Rank: 28
BQLCX Sortino Ratio Rank: 28
BQLCX Omega Ratio Rank: 26
BQLCX Calmar Ratio Rank: 26
BQLCX Martin Ratio Rank: 31

BQMGX

BQMGX Risk / Return Rank: 2
BQMGX Sharpe Ratio Rank: 2
BQMGX Sortino Ratio Rank: 2
BQMGX Omega Ratio Rank: 2
BQMGX Calmar Ratio Rank: 2
BQMGX Martin Ratio Rank: 2

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.

BQLCX vs. BQMGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bright Rock Quality Large Cap Fund (BQLCX) and Bright Rock Mid Cap Growth Fund (BQMGX). 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.

	BQLCX	BQMGX	Difference
Sharpe ratio Return per unit of total volatility	1.53	-0.13	+1.66
Sortino ratio Return per unit of downside risk	2.21	-0.10	+2.31
Omega ratio Gain probability vs. loss probability	1.27	0.99	+0.28
Calmar ratio Return relative to maximum drawdown	1.93	-0.13	+2.06
Martin ratio Return relative to average drawdown	7.34	-0.31	+7.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BQLCX vs. BQMGX - Sharpe Ratio Comparison

The current BQLCX Sharpe Ratio is 1.53, which is higher than the BQMGX Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of BQLCX and BQMGX, 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

	BQLCX	BQMGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	-0.13	+1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.19	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.49	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.51	+0.20

Drawdowns

BQLCX vs. BQMGX - Drawdown Comparison

The maximum BQLCX drawdown since its inception was -34.47%, roughly equal to the maximum BQMGX drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for BQLCX and BQMGX.

Drawdown Indicators

	BQLCX	BQMGX	Difference
Max Drawdown Largest peak-to-trough decline	-34.47%	-36.05%	+1.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-11.62%	+4.06%
Max Drawdown (3Y) Largest decline over 3 years	-21.25%	-18.72%	-2.53%
Max Drawdown (5Y) Largest decline over 5 years	-21.25%	-25.92%	+4.67%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-36.05%	+1.58%
Current Drawdown Current decline from peak	0.00%	-8.20%	+8.20%
Average Drawdown Average peak-to-trough decline	-3.55%	-5.87%	+2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	4.85%	-2.86%

Volatility

BQLCX vs. BQMGX - Volatility Comparison

The current volatility for Bright Rock Quality Large Cap Fund (BQLCX) is 2.11%, while Bright Rock Mid Cap Growth Fund (BQMGX) has a volatility of 3.48%. This indicates that BQLCX experiences smaller price fluctuations and is considered to be less risky than BQMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BQLCX	BQMGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.11%	3.48%	-1.37%
Volatility (6M) Calculated over the trailing 6-month period	6.89%	9.18%	-2.29%
Volatility (1Y) Calculated over the trailing 1-year period	9.35%	12.20%	-2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	16.83%	-1.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.80%	17.99%	-1.19%

BQLCX vs. BQMGX - Expense Ratio Comparison

BQLCX has a 0.87% expense ratio, which is lower than BQMGX's 1.07% expense ratio.

Dividends

BQLCX vs. BQMGX - Dividend Comparison

BQLCX's dividend yield for the trailing twelve months is around 7.52%, more than BQMGX's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BQLCX Bright Rock Quality Large Cap Fund	7.52%	7.75%	0.92%	2.88%	15.70%	8.41%	3.51%	5.05%	5.11%	2.71%	3.59%	3.26%
BQMGX Bright Rock Mid Cap Growth Fund	4.21%	4.12%	5.99%	0.00%	5.90%	8.05%	5.27%	3.50%	0.00%	0.08%	1.07%	5.80%

Frequently Asked Questions

Can I hold both BQLCX and BQMGX in my portfolio?

BQLCX and BQMGX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BQLCX or BQMGX?

BQMGX has higher volatility (3.48%) compared to BQLCX (2.11%). In terms of maximum drawdown, BQLCX dropped -34.47% vs BQMGX's -36.05%.

Which has better risk-adjusted returns?

BQLCX currently has the higher Sharpe Ratio (1.53 vs -0.13), 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.