BRSIX vs. ^GSPC
Compare and contrast key facts about Bridgeway Ultra Small Company Market Fund (BRSIX) and S&P 500 (^GSPC).
BRSIX is managed by Bridgeway. It was launched on Jul 31, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRSIX or ^GSPC.
Key characteristics
| BRSIX | ^GSPC | |
|---|---|---|
| YTD Return | -2.30% | 5.57% |
| 1Y Return | 11.24% | 20.82% |
| 3Y Return (Ann) | -7.49% | 6.41% |
| 5Y Return (Ann) | 5.23% | 11.56% |
| 10Y Return (Ann) | 5.08% | 10.37% |
| Sharpe Ratio | 0.55 | 1.78 |
| Daily Std Dev | 20.47% | 11.69% |
| Max Drawdown | -61.79% | -56.78% |
| Current Drawdown | -28.18% | -4.16% |
Correlation
The correlation between BRSIX and ^GSPC is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BRSIX vs. ^GSPC - Performance Comparison
In the year-to-date period, BRSIX achieves a -2.30% return, which is significantly lower than ^GSPC's 5.57% return. Over the past 10 years, BRSIX has underperformed ^GSPC with an annualized return of 5.08%, while ^GSPC has yielded a comparatively higher 10.37% 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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Risk-Adjusted Performance
BRSIX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgeway Ultra Small Company Market Fund (BRSIX) and S&P 500 (^GSPC). 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.
Drawdowns
BRSIX vs. ^GSPC - Drawdown Comparison
The maximum BRSIX drawdown since its inception was -61.79%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BRSIX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BRSIX vs. ^GSPC - Volatility Comparison
Bridgeway Ultra Small Company Market Fund (BRSIX) has a higher volatility of 6.45% compared to S&P 500 (^GSPC) at 3.95%. This indicates that BRSIX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.