BRLVX vs. VOO

Last updated Jun 24, 2026

BRLVX (American Beacon Bridgeway Large Cap Value Fund) and VOO (Vanguard S&P 500 ETF) are both funds - BRLVX is a Large Cap Value Equities fund managed by American Beacon, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, BRLVX returned 11.61%/yr vs 15.61%/yr for VOO. Their correlation of 0.89 suggests significant overlap in exposure. BRLVX charges 0.75%/yr vs 0.03%/yr for VOO.

Performance

BRLVX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Bridgeway Large Cap Value Fund (BRLVX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRLVX achieves a 17.77% return, which is significantly higher than VOO's 8.19% return. Over the past 10 years, BRLVX has underperformed VOO with an annualized return of 11.61%, while VOO has yielded a comparatively higher 15.61% annualized return.

BRLVX

• 1D: 0.61%
• 1M: 2.59%
• YTD: 17.77%
• 6M: 16.34%
• 1Y: 40.66%
• 3Y*: 23.47%
• 5Y*: 13.19%
• 10Y*: 11.61%

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

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

BRLVX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRLVX American Beacon Bridgeway Large Cap Value Fund	17.77%	24.30%	16.48%	11.42%	-7.79%	22.95%	-3.06%	25.13%	-13.40%	15.89%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between BRLVX and VOO is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.89

The correlation between BRLVX and VOO shifts across timeframes, from 0.78 (3 years) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRLVX vs. VOO — Risk / Return Rank

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

BRLVX

BRLVX Risk / Return Rank: 94
BRLVX Sharpe Ratio Rank: 96
BRLVX Sortino Ratio Rank: 93
BRLVX Omega Ratio Rank: 87
BRLVX Calmar Ratio Rank: 95
BRLVX Martin Ratio Rank: 97

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Bridgeway Large Cap Value Fund (BRLVX) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	3.16	1.91	+1.24
Sortino ratio: Return per unit of downside risk	4.42	2.60	+1.82
Omega ratio: Gain probability vs. loss probability	1.56	1.35	+0.21
Calmar ratio: Return relative to maximum drawdown	5.62	2.67	+2.95
Martin ratio: Return relative to average drawdown	23.96	11.96	+12.00

BRLVX vs. VOO - Sharpe Ratio Comparison

The current BRLVX Sharpe Ratio is 3.16, which is higher than the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of BRLVX and VOO, 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. VOO - Drawdown Comparison

The maximum BRLVX drawdown since its inception was -55.94%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BRLVX and VOO.

Drawdown Indicators

	BRLVX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-55.94%	-33.99%	-21.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.49%	-8.90%	+1.41%
Max Drawdown (3Y) Largest decline over 3 years	-23.02%	-18.69%	-4.33%
Max Drawdown (5Y) Largest decline over 5 years	-23.02%	-24.52%	+1.50%
Max Drawdown (10Y) Largest decline over 10 years	-42.13%	-33.99%	-8.14%
Current Drawdown Current decline from peak	-0.27%	-3.14%	+2.87%
Average Drawdown Average peak-to-trough decline	-8.06%	-3.68%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	1.99%	-0.24%

Volatility

BRLVX vs. VOO - Volatility Comparison

American Beacon Bridgeway Large Cap Value Fund (BRLVX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.64% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRLVX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	4.83%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	10.67%	9.82%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	12.46%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.02%	16.91%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.10%	18.02%	+2.08%

BRLVX vs. VOO - Expense Ratio Comparison

BRLVX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

BRLVX vs. VOO - Dividend Comparison

BRLVX's dividend yield for the trailing twelve months is around 10.72%, more than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRLVX American Beacon Bridgeway Large Cap Value Fund	10.72%	12.63%	18.01%	12.03%	4.88%	9.69%	10.64%	4.23%	9.41%	5.80%	1.42%	3.71%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both BRLVX and VOO in my portfolio?

BRLVX and VOO have a correlation of 0.80, 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 VOO?

VOO has higher volatility (4.83%) compared to BRLVX (4.64%). In terms of maximum drawdown, BRLVX dropped -55.94% vs VOO's -33.99%.

Which has better risk-adjusted returns?

BRLVX currently has the higher Sharpe Ratio (3.16 vs 1.91), 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.