BQMGX vs. VINIX
BQMGX (Bright Rock Mid Cap Growth Fund) and VINIX (Vanguard Institutional Index Fund Institutional Shares) are both mutual funds - BQMGX is a Mid Cap Growth Equities fund managed by Bright Rock, while VINIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, BQMGX returned 8.98%/yr vs 15.21%/yr for VINIX. Their correlation of 0.87 means they have usually moved in the same direction. BQMGX charges 1.07%/yr vs 0.04%/yr for VINIX.
Performance
BQMGX vs. VINIX - Performance Comparison
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Returns By Period
In the year-to-date period, BQMGX achieves a 1.02% return, which is significantly lower than VINIX's 10.11% return. Over the past 10 years, BQMGX has underperformed VINIX with an annualized return of 8.98%, while VINIX has yielded a comparatively higher 15.21% annualized return.
BQMGX
- 1D
- 0.34%
- 1M
- 0.46%
- 6M
- -0.54%
- YTD
- 1.02%
- 1Y
- -1.20%
- 3Y*
- 4.86%
- 5Y*
- 2.47%
- 10Y*
- 8.98%
- ALL TIME*
- 9.44%
VINIX
- 1D
- 0.71%
- 1M
- 0.14%
- 6M
- 7.95%
- YTD
- 10.11%
- 1Y
- 21.46%
- 3Y*
- 19.80%
- 5Y*
- 12.97%
- 10Y*
- 15.21%
- ALL TIME*
- 10.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BQMGX vs. VINIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BQMGX Bright Rock Mid Cap Growth Fund | 1.02% | -0.29% | 14.16% | 13.00% | -19.44% | 23.02% | 19.62% | 32.05% | -6.68% | 22.16% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 10.11% | 17.85% | 26.28% | 25.77% | -18.15% | 28.67% | 18.40% | 31.46% | -4.42% | 21.79% |
Correlation
The correlation between BQMGX and VINIX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 26, 2010 | 0.87 |
Over the past year, the correlation between BQMGX and VINIX has dropped to 0.60 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
BQMGX vs. VINIX — Risk / Return Rank
BQMGX
VINIX
BQMGX vs. VINIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bright Rock Mid Cap Growth Fund (BQMGX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.
| BQMGX | VINIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.27 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 2.20 | -2.40 |
| Martin ratioReturn relative to average drawdown | -0.42 | 9.47 | -9.88 |
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Drawdowns
BQMGX vs. VINIX - Drawdown Comparison
The maximum BQMGX drawdown since its inception was -36.05%, smaller than the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BQMGX and VINIX.
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Drawdown Indicators
| BQMGX | VINIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.05% | -55.19% | +19.14% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -8.90% | -2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | -18.75% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -25.92% | -24.51% | -1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -36.05% | -33.79% | -2.26% |
Current DrawdownCurrent decline from peak | -5.13% | -1.42% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -8.50% | +2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 2.07% | +3.44% |
Volatility
BQMGX vs. VINIX - Volatility Comparison
The current volatility for Bright Rock Mid Cap Growth Fund (BQMGX) is 3.29%, while Vanguard Institutional Index Fund Institutional Shares (VINIX) has a volatility of 3.52%. This indicates that BQMGX experiences smaller price fluctuations and is considered to be less risky than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BQMGX | VINIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 3.52% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.38% | 10.11% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 12.87% | -0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 17.00% | -0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 18.07% | -0.15% |
BQMGX vs. VINIX - Expense Ratio Comparison
BQMGX has a 1.07% expense ratio, which is higher than VINIX's 0.04% expense ratio.
Dividends
BQMGX vs. VINIX - Dividend Comparison
BQMGX's dividend yield for the trailing twelve months is around 4.08%, more than VINIX's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BQMGX Bright Rock Mid Cap Growth Fund | 4.08% | 4.12% | 5.99% | 0.00% | 5.90% | 8.05% | 5.27% | 3.50% | 0.00% | 0.08% | 1.07% | 5.80% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 2.48% | 2.10% | 3.64% | 2.65% | 3.38% | 4.77% | 3.06% | 2.85% | 2.43% | 1.82% | 2.36% | 2.45% |
Frequently Asked Questions
BQMGX and VINIX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VINIX has higher volatility (3.52%) compared to BQMGX (3.29%). In terms of maximum drawdown, BQMGX dropped -36.05% vs VINIX's -55.19%.
VINIX currently has the higher Sharpe Ratio (1.52 vs -0.19), 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.
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