BRSIX vs. XLB
Compare and contrast key facts about Bridgeway Ultra Small Company Market Fund (BRSIX) and Materials Select Sector SPDR ETF (XLB).
BRSIX is managed by Bridgeway. It was launched on Jul 31, 1997. XLB is a passively managed fund by State Street that tracks the performance of the Materials Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRSIX or XLB.
Key characteristics
| BRSIX | XLB | |
|---|---|---|
| YTD Return | -0.71% | 4.52% |
| 1Y Return | 15.00% | 14.04% |
| 3Y Return (Ann) | -6.98% | 4.48% |
| 5Y Return (Ann) | 5.16% | 11.79% |
| 10Y Return (Ann) | 5.25% | 8.68% |
| Sharpe Ratio | 0.64 | 0.88 |
| Daily Std Dev | 20.53% | 14.73% |
| Max Drawdown | -61.79% | -59.83% |
| Current Drawdown | -27.01% | -4.27% |
Correlation
The correlation between BRSIX and XLB is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BRSIX vs. XLB - Performance Comparison
In the year-to-date period, BRSIX achieves a -0.71% return, which is significantly lower than XLB's 4.52% return. Over the past 10 years, BRSIX has underperformed XLB with an annualized return of 5.25%, while XLB has yielded a comparatively higher 8.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BRSIX vs. XLB - Expense Ratio Comparison
BRSIX has a 0.78% expense ratio, which is higher than XLB's 0.13% expense ratio.
Risk-Adjusted Performance
BRSIX vs. XLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgeway Ultra Small Company Market Fund (BRSIX) and Materials Select Sector SPDR ETF (XLB). 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.
Dividends
BRSIX vs. XLB - Dividend Comparison
BRSIX's dividend yield for the trailing twelve months is around 0.90%, less than XLB's 1.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRSIX Bridgeway Ultra Small Company Market Fund | 0.90% | 0.90% | 2.12% | 25.65% | 3.46% | 1.30% | 16.12% | 13.71% | 8.25% | 12.77% | 11.21% | 10.75% |
XLB Materials Select Sector SPDR ETF | 1.92% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% | 1.97% | 2.08% |
Drawdowns
BRSIX vs. XLB - Drawdown Comparison
The maximum BRSIX drawdown since its inception was -61.79%, roughly equal to the maximum XLB drawdown of -59.83%. Use the drawdown chart below to compare losses from any high point for BRSIX and XLB. For additional features, visit the drawdowns tool.
Volatility
BRSIX vs. XLB - Volatility Comparison
Bridgeway Ultra Small Company Market Fund (BRSIX) has a higher volatility of 6.59% compared to Materials Select Sector SPDR ETF (XLB) at 3.86%. This indicates that BRSIX's price experiences larger fluctuations and is considered to be riskier than XLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.