BSVO vs. EBIT

Last updated Jun 24, 2026

BSVO (EA Bridgeway Omni Small-Cap Value ETF) and EBIT (Harbor AlphaEdge Small Cap Earners ETF) are both Small Cap Value Equities funds. BSVO is actively managed, while EBIT is passively managed. Over the past year, BSVO returned 44.28% vs 28.94% for EBIT. With a 0.97 correlation, they move nearly in lockstep. BSVO charges 0.47%/yr vs 0.29%/yr for EBIT.

Performance

BSVO vs. EBIT - Performance Comparison

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

Returns By Period

In the year-to-date period, BSVO achieves a 22.35% return, which is significantly higher than EBIT's 16.65% return.

BSVO

• 1D: 0.72%
• 1M: 3.29%
• YTD: 22.35%
• 6M: 20.39%
• 1Y: 44.28%
• 3Y*: 19.92%
• 5Y*: —
• 10Y*: —

EBIT

• 1D: 0.03%
• 1M: 4.55%
• YTD: 16.65%
• 6M: 15.12%
• 1Y: 28.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSVO vs. EBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BSVO EA Bridgeway Omni Small-Cap Value ETF	22.35%	9.21%	10.22%
EBIT Harbor AlphaEdge Small Cap Earners ETF	16.65%	6.85%	9.01%

Correlation

The correlation between BSVO and EBIT is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024	0.97

The correlation between BSVO and EBIT has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

BSVO vs. EBIT - Sectors Allocation Comparison

Sectors	BSVO	EBIT
Financial Services	33.1%	25.8%
Consumer Cyclical	15.1%	14.4%
Energy	14.2%	11.9%
Industrials	13.2%	14.2%
Basic Materials	6.0%	4.4%
Technology	5.7%	7.7%
Consumer Defensive	4.7%	3.1%
Communication Services	4.1%	3.6%
Healthcare	3.4%	4.4%
Real Estate	0.6%	7.7%
Utilities	-	2.9%

Return for Risk

BSVO vs. EBIT — Risk / Return Rank

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

BSVO

BSVO Risk / Return Rank: 81
BSVO Sharpe Ratio Rank: 79
BSVO Sortino Ratio Rank: 80
BSVO Omega Ratio Rank: 73
BSVO Calmar Ratio Rank: 91
BSVO Martin Ratio Rank: 81

EBIT

EBIT Risk / Return Rank: 60
EBIT Sharpe Ratio Rank: 54
EBIT Sortino Ratio Rank: 59
EBIT Omega Ratio Rank: 52
EBIT Calmar Ratio Rank: 75
EBIT Martin Ratio Rank: 61

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. EBIT - Risk-Adjusted Trends Comparison

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

	BSVO	EBIT	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.69	+0.66
Sortino ratio: Return per unit of downside risk	3.30	2.53	+0.77
Omega ratio: Gain probability vs. loss probability	1.40	1.30	+0.10
Calmar ratio: Return relative to maximum drawdown	5.35	3.48	+1.87
Martin ratio: Return relative to average drawdown	15.22	9.99	+5.23

BSVO vs. EBIT - Sharpe Ratio Comparison

The current BSVO Sharpe Ratio is 2.35, which is higher than the EBIT Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of BSVO and EBIT, 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

BSVO vs. EBIT - Drawdown Comparison

The maximum BSVO drawdown since its inception was -28.67%, which is greater than EBIT's maximum drawdown of -26.64%. Use the drawdown chart below to compare losses from any high point for BSVO and EBIT.

Drawdown Indicators

	BSVO	EBIT	Difference
Max Drawdown Largest peak-to-trough decline	-28.67%	-26.64%	-2.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-8.34%	+0.03%
Max Drawdown (3Y) Largest decline over 3 years	-28.67%	—	—
Current Drawdown Current decline from peak	-1.55%	-0.68%	-0.87%
Average Drawdown Average peak-to-trough decline	-5.65%	-6.38%	+0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	2.90%	+0.02%

Volatility

BSVO vs. EBIT - Volatility Comparison

EA Bridgeway Omni Small-Cap Value ETF (BSVO) has a higher volatility of 4.98% compared to Harbor AlphaEdge Small Cap Earners ETF (EBIT) at 4.13%. This indicates that BSVO's price experiences larger fluctuations and is considered to be riskier than EBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSVO	EBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	4.13%	+0.85%
Volatility (6M) Calculated over the trailing 6-month period	12.19%	10.81%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	17.20%	+1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.65%	21.10%	+0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	21.10%	+0.55%

BSVO vs. EBIT - Expense Ratio Comparison

BSVO has a 0.47% expense ratio, which is higher than EBIT's 0.29% expense ratio.

Dividends

BSVO vs. EBIT - Dividend Comparison

BSVO's dividend yield for the trailing twelve months is around 1.24%, less than EBIT's 1.71% yield.

Position	TTM	2025	2024	2023
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.24%	1.52%	1.61%	1.43%
EBIT Harbor AlphaEdge Small Cap Earners ETF	1.71%	2.00%	2.40%	0.00%

Frequently Asked Questions

Can I hold both BSVO and EBIT in my portfolio?

With a correlation of 0.96, BSVO and EBIT 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 EBIT?

BSVO has higher volatility (4.98%) compared to EBIT (4.13%). In terms of maximum drawdown, BSVO dropped -28.67% vs EBIT's -26.64%.

Which ETF is better, BSVO or EBIT?

On 1-year performance, BSVO leads with 44.28% vs 28.94% for EBIT. On fees, EBIT is cheaper at 0.29% per year. On volatility, EBIT has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSVO or EBIT?

Over the 1-year period, BSVO has performed better with a 44.28% return vs 28.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSVO or EBIT?

EBIT is cheaper with a 0.29% expense ratio, compared with 0.47% for BSVO.

Which ETF pays a higher dividend yield, BSVO or EBIT?

EBIT has the higher dividend yield at 1.71%, compared with 1.24% for BSVO.

What is the main difference between BSVO and EBIT?

They also come from different issuers: Bridgeway and Harbor. Their fees differ too: 0.47% for BSVO and 0.29% for EBIT.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.35 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.