BRUSX vs. FISVX

Last updated Apr 1, 2026

Compare and contrast key facts about Bridgeway Ultra Small Company Fund (BRUSX) and Fidelity Small Cap Value Index Fund (FISVX).

BRUSX is managed by Bridgeway. It was launched on Aug 5, 1994. FISVX is managed by Fidelity. It was launched on Jul 11, 2019.

Performance

BRUSX vs. FISVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridgeway Ultra Small Company Fund (BRUSX) and Fidelity Small Cap Value Index Fund (FISVX). The values are adjusted to include any dividend payments, if applicable.

BRUSX vs. FISVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BRUSX Bridgeway Ultra Small Company Fund	-6.03%	7.13%	17.57%	18.14%	-10.99%	13.85%	33.43%	4.35%
FISVX Fidelity Small Cap Value Index Fund	2.23%	12.70%	8.16%	14.72%	-14.42%	28.26%	4.49%	9.54%

Returns By Period

In the year-to-date period, BRUSX achieves a -6.03% return, which is significantly lower than FISVX's 2.23% return.

BRUSX

• 1D: -0.70%
• 1M: -8.64%
• YTD: -6.03%
• 6M: -8.04%
• 1Y: 15.35%
• 3Y*: 10.40%
• 5Y*: 2.10%
• 10Y*: 7.70%

FISVX

• 1D: -0.89%
• 1M: -6.12%
• YTD: 2.23%
• 6M: 5.57%
• 1Y: 24.88%
• 3Y*: 12.88%
• 5Y*: 5.32%
• 10Y*: —

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

BRUSX vs. FISVX - Expense Ratio Comparison

BRUSX has a 1.26% expense ratio, which is higher than FISVX's 0.05% expense ratio.

BRUSX

Bridgeway Ultra Small Company Fund

FISVX

Fidelity Small Cap Value Index Fund

Return for Risk

BRUSX vs. FISVX — Risk / Return Rank

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

BRUSX

BRUSX Risk / Return Rank: 23
BRUSX Sharpe Ratio Rank: 23
BRUSX Sortino Ratio Rank: 24
BRUSX Omega Ratio Rank: 19
BRUSX Calmar Ratio Rank: 27
BRUSX Martin Ratio Rank: 21

FISVX

FISVX Risk / Return Rank: 66
FISVX Sharpe Ratio Rank: 65
FISVX Sortino Ratio Rank: 68
FISVX Omega Ratio Rank: 58
FISVX Calmar Ratio Rank: 71
FISVX Martin Ratio Rank: 68

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.

BRUSX vs. FISVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridgeway Ultra Small Company Fund (BRUSX) and Fidelity Small Cap Value Index Fund (FISVX). 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.

	BRUSX	FISVX	Difference
Sharpe ratio Return per unit of total volatility	0.58	1.13	-0.55
Sortino ratio Return per unit of downside risk	0.95	1.66	-0.71
Omega ratio Gain probability vs. loss probability	1.12	1.22	-0.10
Calmar ratio Return relative to maximum drawdown	0.78	1.61	-0.83
Martin ratio Return relative to average drawdown	2.21	6.40	-4.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRUSX vs. FISVX - Sharpe Ratio Comparison

The current BRUSX Sharpe Ratio is 0.58, which is lower than the FISVX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of BRUSX and FISVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BRUSX	FISVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	1.13	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.25	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.34	+0.15

Correlation

The correlation between BRUSX and FISVX is 0.85, 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.

Dividends

BRUSX vs. FISVX - Dividend Comparison

BRUSX's dividend yield for the trailing twelve months is around 11.23%, more than FISVX's 2.13% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRUSX Bridgeway Ultra Small Company Fund	11.23%	10.56%	2.46%	4.97%	18.41%	7.70%	1.53%	1.14%	13.87%	1.99%	1.12%	1.03%
FISVX Fidelity Small Cap Value Index Fund	2.13%	2.18%	1.70%	2.06%	3.69%	9.55%	1.33%	0.62%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BRUSX vs. FISVX - Drawdown Comparison

The maximum BRUSX drawdown since its inception was -60.38%, which is greater than FISVX's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for BRUSX and FISVX.

Drawdown Indicators

	BRUSX	FISVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.38%	-44.66%	-15.72%
Max Drawdown (1Y) Largest decline over 1 year	-14.33%	-13.82%	-0.51%
Max Drawdown (5Y) Largest decline over 5 years	-39.83%	-26.50%	-13.33%
Max Drawdown (10Y) Largest decline over 10 years	-55.77%	—	—
Current Drawdown Current decline from peak	-12.20%	-7.80%	-4.40%
Average Drawdown Average peak-to-trough decline	-13.61%	-10.58%	-3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.06%	3.47%	+1.59%

Volatility

BRUSX vs. FISVX - Volatility Comparison

Bridgeway Ultra Small Company Fund (BRUSX) has a higher volatility of 6.39% compared to Fidelity Small Cap Value Index Fund (FISVX) at 5.72%. This indicates that BRUSX's price experiences larger fluctuations and is considered to be riskier than FISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRUSX	FISVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.39%	5.72%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	15.33%	12.87%	+2.46%
Volatility (1Y) Calculated over the trailing 1-year period	24.80%	21.97%	+2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.39%	21.79%	+1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.28%	26.95%	-3.67%