BRLVX vs. FLCSX

Last updated Jun 23, 2026

BRLVX (American Beacon Bridgeway Large Cap Value Fund) and FLCSX (Fidelity Large Cap Stock Fund) are both mutual funds - BRLVX is a Large Cap Value Equities fund managed by American Beacon, while FLCSX is a Large Cap Blend Equities fund actively managed by Fidelity Investments. Over the past 10 years, BRLVX returned 11.31%/yr vs 15.57%/yr for FLCSX. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

BRLVX vs. FLCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Bridgeway Large Cap Value Fund (BRLVX) and Fidelity Large Cap Stock Fund (FLCSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRLVX achieves a 17.06% return, which is significantly higher than FLCSX's 10.04% return. Over the past 10 years, BRLVX has underperformed FLCSX with an annualized return of 11.31%, while FLCSX has yielded a comparatively higher 15.57% annualized return.

BRLVX

• 1D: 0.17%
• 1M: 1.97%
• YTD: 17.06%
• 6M: 15.77%
• 1Y: 41.06%
• 3Y*: 22.29%
• 5Y*: 13.42%
• 10Y*: 11.31%

FLCSX

• 1D: 0.98%
• 1M: 1.34%
• YTD: 10.04%
• 6M: 9.97%
• 1Y: 30.34%
• 3Y*: 24.69%
• 5Y*: 16.84%
• 10Y*: 15.57%

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

BRLVX vs. FLCSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRLVX American Beacon Bridgeway Large Cap Value Fund	17.06%	24.30%	16.48%	11.42%	-7.79%	22.95%	-3.06%	25.13%	-13.40%	15.89%
FLCSX Fidelity Large Cap Stock Fund	10.04%	27.49%	26.31%	23.51%	-8.02%	25.80%	9.05%	31.59%	-13.62%	17.86%

Correlation

The correlation between BRLVX and FLCSX is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.92

The correlation between BRLVX and FLCSX shifts across timeframes, from 0.79 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRLVX vs. FLCSX — Risk / Return Rank

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

BRLVX

BRLVX Risk / Return Rank: 93
BRLVX Sharpe Ratio Rank: 95
BRLVX Sortino Ratio Rank: 93
BRLVX Omega Ratio Rank: 86
BRLVX Calmar Ratio Rank: 95
BRLVX Martin Ratio Rank: 97

FLCSX

FLCSX Risk / Return Rank: 76
FLCSX Sharpe Ratio Rank: 79
FLCSX Sortino Ratio Rank: 75
FLCSX Omega Ratio Rank: 72
FLCSX Calmar Ratio Rank: 74
FLCSX Martin Ratio Rank: 83

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.

BRLVX vs. FLCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Bridgeway Large Cap Value Fund (BRLVX) and Fidelity Large Cap Stock Fund (FLCSX). 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.

	BRLVX	FLCSX	Difference
Sharpe ratio: Return per unit of total volatility	3.12	2.39	+0.72
Sortino ratio: Return per unit of downside risk	4.37	3.29	+1.09
Omega ratio: Gain probability vs. loss probability	1.55	1.43	+0.12
Calmar ratio: Return relative to maximum drawdown	5.54	3.18	+2.36
Martin ratio: Return relative to average drawdown	23.64	14.38	+9.27

BRLVX vs. FLCSX - Sharpe Ratio Comparison

The current BRLVX Sharpe Ratio is 3.12, which is higher than the FLCSX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of BRLVX and FLCSX, 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

BRLVX vs. FLCSX - Drawdown Comparison

The maximum BRLVX drawdown since its inception was -55.94%, smaller than the maximum FLCSX drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for BRLVX and FLCSX.

Drawdown Indicators

	BRLVX	FLCSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.94%	-63.67%	+7.73%
Max Drawdown (1Y) Largest decline over 1 year	-7.49%	-9.55%	+2.06%
Max Drawdown (3Y) Largest decline over 3 years	-23.02%	-18.82%	-4.20%
Max Drawdown (5Y) Largest decline over 5 years	-23.02%	-21.69%	-1.33%
Max Drawdown (10Y) Largest decline over 10 years	-42.13%	-37.11%	-5.02%
Current Drawdown Current decline from peak	-0.87%	-0.28%	-0.59%
Average Drawdown Average peak-to-trough decline	-8.07%	-13.80%	+5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	2.11%	-0.36%

Volatility

BRLVX vs. FLCSX - Volatility Comparison

American Beacon Bridgeway Large Cap Value Fund (BRLVX) has a higher volatility of 4.76% compared to Fidelity Large Cap Stock Fund (FLCSX) at 4.40%. This indicates that BRLVX's price experiences larger fluctuations and is considered to be riskier than FLCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRLVX	FLCSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	4.40%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	9.97%	+0.71%
Volatility (1Y) Calculated over the trailing 1-year period	13.34%	12.71%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	16.91%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	18.68%	+1.41%

BRLVX vs. FLCSX - Expense Ratio Comparison

Both BRLVX and FLCSX have an expense ratio of 0.75%.

Dividends

BRLVX vs. FLCSX - Dividend Comparison

BRLVX's dividend yield for the trailing twelve months is around 10.79%, more than FLCSX's 8.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRLVX American Beacon Bridgeway Large Cap Value Fund	10.79%	12.63%	18.01%	12.03%	4.88%	9.69%	10.64%	4.23%	9.41%	5.80%	1.42%	3.71%
FLCSX Fidelity Large Cap Stock Fund	8.98%	6.50%	4.26%	2.83%	3.07%	4.71%	3.93%	5.43%	7.63%	3.25%	3.61%	4.55%

Frequently Asked Questions

Can I hold both BRLVX and FLCSX in my portfolio?

BRLVX and FLCSX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRLVX or FLCSX?

BRLVX has higher volatility (4.76%) compared to FLCSX (4.40%). In terms of maximum drawdown, BRLVX dropped -55.94% vs FLCSX's -63.67%.

Which has better risk-adjusted returns?

BRLVX currently has the higher Sharpe Ratio (3.12 vs 2.39), 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.