GCSVX vs. BQMGX

Last updated Jun 23, 2026

GCSVX (Geneva SMID Cap Growth Fund) and BQMGX (Bright Rock Mid Cap Growth Fund) are both Mid Cap Growth Equities funds. Over the past 3 years, GCSVX returned 3.99%/yr vs 4.59%/yr for BQMGX. Their correlation of 0.89 suggests significant overlap in exposure. GCSVX charges 0.43%/yr vs 1.07%/yr for BQMGX.

Performance

GCSVX vs. BQMGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Geneva SMID Cap Growth Fund (GCSVX) and Bright Rock Mid Cap Growth Fund (BQMGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GCSVX achieves a -0.98% return, which is significantly higher than BQMGX's -2.85% return.

GCSVX

• 1D: 1.11%
• 1M: 1.11%
• YTD: -0.98%
• 6M: -2.68%
• 1Y: -2.91%
• 3Y*: 3.99%
• 5Y*: —
• 10Y*: —

BQMGX

• 1D: 0.66%
• 1M: 0.39%
• YTD: -2.85%
• 6M: -4.23%
• 1Y: -1.65%
• 3Y*: 4.59%
• 5Y*: 3.06%
• 10Y*: 8.82%

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

GCSVX vs. BQMGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GCSVX Geneva SMID Cap Growth Fund	-0.98%	-8.94%	14.70%	19.92%	-24.73%	4.24%
BQMGX Bright Rock Mid Cap Growth Fund	-2.85%	-0.29%	14.16%	13.00%	-19.44%	5.32%

Correlation

The correlation between GCSVX and BQMGX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 6, 2021	0.89

The correlation between GCSVX and BQMGX has been stable across timeframes, ranging from 0.79 to 0.89 - a consistent structural relationship.

Return for Risk

GCSVX vs. BQMGX — Risk / Return Rank

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

GCSVX

GCSVX Risk / Return Rank: 2
GCSVX Sharpe Ratio Rank: 2
GCSVX Sortino Ratio Rank: 2
GCSVX Omega Ratio Rank: 2
GCSVX Calmar Ratio Rank: 2
GCSVX Martin Ratio Rank: 2

BQMGX

BQMGX Risk / Return Rank: 2
BQMGX Sharpe Ratio Rank: 2
BQMGX Sortino Ratio Rank: 2
BQMGX Omega Ratio Rank: 2
BQMGX Calmar Ratio Rank: 2
BQMGX Martin Ratio Rank: 2

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.

GCSVX vs. BQMGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Geneva SMID Cap Growth Fund (GCSVX) and Bright Rock Mid Cap Growth Fund (BQMGX). 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.

	GCSVX	BQMGX	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	-0.14	-0.04
Sortino ratio: Return per unit of downside risk	-0.14	-0.12	-0.02
Omega ratio: Gain probability vs. loss probability	0.98	0.99	0.00
Calmar ratio: Return relative to maximum drawdown	-0.20	-0.15	-0.05
Martin ratio: Return relative to average drawdown	-0.50	-0.34	-0.16

GCSVX vs. BQMGX - Sharpe Ratio Comparison

The current GCSVX Sharpe Ratio is -0.18, which is comparable to the BQMGX Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of GCSVX and BQMGX, 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

GCSVX vs. BQMGX - Drawdown Comparison

The maximum GCSVX drawdown since its inception was -33.50%, smaller than the maximum BQMGX drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for GCSVX and BQMGX.

Drawdown Indicators

	GCSVX	BQMGX	Difference
Max Drawdown Largest peak-to-trough decline	-33.50%	-36.05%	+2.55%
Max Drawdown (1Y) Largest decline over 1 year	-14.94%	-11.62%	-3.32%
Max Drawdown (3Y) Largest decline over 3 years	-24.07%	-18.72%	-5.35%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.05%	—
Current Drawdown Current decline from peak	-17.02%	-8.76%	-8.26%
Average Drawdown Average peak-to-trough decline	-14.47%	-5.88%	-8.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.00%	5.17%	+0.83%

Volatility

GCSVX vs. BQMGX - Volatility Comparison

Geneva SMID Cap Growth Fund (GCSVX) has a higher volatility of 4.81% compared to Bright Rock Mid Cap Growth Fund (BQMGX) at 3.38%. This indicates that GCSVX's price experiences larger fluctuations and is considered to be riskier than BQMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GCSVX	BQMGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	3.38%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	12.70%	9.31%	+3.39%
Volatility (1Y) Calculated over the trailing 1-year period	16.78%	12.28%	+4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.77%	16.86%	+4.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.77%	17.99%	+3.78%

GCSVX vs. BQMGX - Expense Ratio Comparison

GCSVX has a 0.43% expense ratio, which is lower than BQMGX's 1.07% expense ratio.

Dividends

GCSVX vs. BQMGX - Dividend Comparison

GCSVX's dividend yield for the trailing twelve months is around 3.23%, less than BQMGX's 4.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BQMGX Bright Rock Mid Cap Growth Fund	4.24%	4.12%	5.99%	0.00%	5.90%	8.05%	5.27%	3.50%	0.00%	0.08%	1.07%	5.80%
GCSVX Geneva SMID Cap Growth Fund	3.23%	3.20%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GCSVX and BQMGX in my portfolio?

GCSVX and BQMGX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GCSVX or BQMGX?

GCSVX has higher volatility (4.81%) compared to BQMGX (3.38%). In terms of maximum drawdown, GCSVX dropped -33.50% vs BQMGX's -36.05%.

Which has better risk-adjusted returns?

BQMGX currently has the higher Sharpe Ratio (-0.14 vs -0.18), 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.