BSVO vs. BRSVX

Last updated Jun 5, 2026

BSVO (EA Bridgeway Omni Small-Cap Value ETF) and BRSVX (Bridgeway Small Cap Value Fund) are both Small Cap Value Equities funds from Bridgeway. Over the past 3 years, BSVO returned 19.99%/yr vs 10.94%/yr for BRSVX. With a 0.96 correlation, they move nearly in lockstep. BSVO charges 0.47%/yr vs 0.83%/yr for BRSVX.

Performance

BSVO vs. BRSVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Bridgeway Small Cap Value Fund (BRSVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSVO achieves a 20.22% return, which is significantly higher than BRSVX's 13.88% return.

BSVO

• 1D: 1.80%
• 1M: 0.51%
• YTD: 20.22%
• 6M: 19.77%
• 1Y: 45.25%
• 3Y*: 19.99%
• 5Y*: —
• 10Y*: —

BRSVX

• 1D: -1.30%
• 1M: -0.79%
• YTD: 13.88%
• 6M: 13.13%
• 1Y: 32.28%
• 3Y*: 10.94%
• 5Y*: 5.95%
• 10Y*: 11.89%

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

BSVO vs. BRSVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSVO EA Bridgeway Omni Small-Cap Value ETF	20.22%	9.21%	4.68%	22.38%
BRSVX Bridgeway Small Cap Value Fund	13.88%	5.51%	-0.22%	14.43%

Correlation

The correlation between BSVO and BRSVX is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.96

The correlation between BSVO and BRSVX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

BSVO vs. BRSVX — Risk / Return Rank

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

BSVO

BSVO Risk / Return Rank: 79
BSVO Sharpe Ratio Rank: 76
BSVO Sortino Ratio Rank: 77
BSVO Omega Ratio Rank: 71
BSVO Calmar Ratio Rank: 90
BSVO Martin Ratio Rank: 80

BRSVX

BRSVX Risk / Return Rank: 46
BRSVX Sharpe Ratio Rank: 34
BRSVX Sortino Ratio Rank: 36
BRSVX Omega Ratio Rank: 33
BRSVX Calmar Ratio Rank: 76
BRSVX Martin Ratio Rank: 50

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.

BSVO vs. BRSVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Bridgeway Small Cap Value Fund (BRSVX). 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.

	BSVO	BRSVX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	1.69	+0.72
Sortino ratio: Return per unit of downside risk	3.39	2.51	+0.88
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.11
Calmar ratio: Return relative to maximum drawdown	5.47	3.42	+2.05
Martin ratio: Return relative to average drawdown	15.58	10.24	+5.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSVO vs. BRSVX - Sharpe Ratio Comparison

The current BSVO Sharpe Ratio is 2.41, which is higher than the BRSVX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of BSVO and BRSVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSVO	BRSVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	1.69	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.36	+0.45

Drawdowns

BSVO vs. BRSVX - Drawdown Comparison

The maximum BSVO drawdown since its inception was -28.67%, smaller than the maximum BRSVX drawdown of -67.58%. Use the drawdown chart below to compare losses from any high point for BSVO and BRSVX.

Drawdown Indicators

	BSVO	BRSVX	Difference
Max Drawdown Largest peak-to-trough decline	-28.67%	-67.58%	+38.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-9.11%	+0.80%
Max Drawdown (3Y) Largest decline over 3 years	-28.67%	-30.52%	+1.85%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.67%	—
Current Drawdown Current decline from peak	-0.09%	-1.83%	+1.74%
Average Drawdown Average peak-to-trough decline	-5.72%	-13.65%	+7.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	3.03%	-0.12%

Volatility

BSVO vs. BRSVX - Volatility Comparison

EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Bridgeway Small Cap Value Fund (BRSVX) have volatilities of 4.83% and 4.98%, 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

	BSVO	BRSVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	4.98%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	12.91%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	18.46%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.73%	22.15%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.73%	24.24%	-2.51%

BSVO vs. BRSVX - Expense Ratio Comparison

BSVO has a 0.47% expense ratio, which is lower than BRSVX's 0.83% expense ratio.

Dividends

BSVO vs. BRSVX - Dividend Comparison

BSVO's dividend yield for the trailing twelve months is around 1.26%, less than BRSVX's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRSVX Bridgeway Small Cap Value Fund	1.84%	2.10%	3.35%	2.64%	0.96%	4.55%	0.84%	2.38%	21.58%	0.87%	0.97%	1.96%
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.26%	1.52%	1.61%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSVO and BRSVX in my portfolio?

With a correlation of 0.94, BSVO and BRSVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BSVO or BRSVX?

BRSVX has higher volatility (4.98%) compared to BSVO (4.83%). In terms of maximum drawdown, BSVO dropped -28.67% vs BRSVX's -67.58%.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.41 vs 1.69), 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.