IWR vs. BBGLX
IWR (iShares Russell Midcap ETF) and BBGLX (Bridge Builder Large Cap Growth Fund) are both funds - IWR is a Mid Cap Growth Equities fund tracking the Russell Midcap Index, while BBGLX is a Large Cap Growth Equities fund managed by Bridge Builder. Over the past 10 years, IWR returned 11.41%/yr vs 13.43%/yr for BBGLX. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.19% expense ratio.
Performance
IWR vs. BBGLX - Performance Comparison
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Returns By Period
In the year-to-date period, IWR achieves a 10.71% return, which is significantly higher than BBGLX's 2.37% return. Over the past 10 years, IWR has underperformed BBGLX with an annualized return of 11.41%, while BBGLX has yielded a comparatively higher 13.43% annualized return.
IWR
- 1D
- 0.08%
- 1M
- 1.05%
- YTD
- 10.71%
- 6M
- 10.50%
- 1Y
- 19.23%
- 3Y*
- 16.25%
- 5Y*
- 7.68%
- 10Y*
- 11.41%
BBGLX
- 1D
- -2.55%
- 1M
- -0.82%
- YTD
- 2.37%
- 6M
- -7.50%
- 1Y
- 2.41%
- 3Y*
- 13.25%
- 5Y*
- 7.03%
- 10Y*
- 13.43%
IWR vs. BBGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWR iShares Russell Midcap ETF | 10.71% | 10.37% | 15.21% | 17.05% | -17.48% | 22.44% | 16.93% | 30.23% | -9.10% | 18.25% |
BBGLX Bridge Builder Large Cap Growth Fund | 2.37% | 2.79% | 21.45% | 32.21% | -26.82% | 23.34% | 34.84% | 33.32% | 0.10% | 25.33% |
Correlation
The correlation between IWR and BBGLX is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2015 | 0.83 |
The correlation between IWR and BBGLX shifts across timeframes, from 0.63 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWR vs. BBGLX — Risk / Return Rank
IWR
BBGLX
IWR vs. BBGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Midcap ETF (IWR) and Bridge Builder Large Cap Growth Fund (BBGLX). 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.
| IWR | BBGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.06 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 0.16 | +2.21 |
| Martin ratioReturn relative to average drawdown | 9.09 | 0.39 | +8.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IWR | BBGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 0.22 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.36 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.70 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.64 | -0.15 |
Drawdowns
IWR vs. BBGLX - Drawdown Comparison
The maximum IWR drawdown since its inception was -58.78%, which is greater than BBGLX's maximum drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for IWR and BBGLX.
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Drawdown Indicators
| IWR | BBGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.78% | -32.31% | -26.47% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -22.44% | +14.27% |
Max Drawdown (3Y)Largest decline over 3 years | -21.09% | -22.44% | +1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -32.31% | +6.13% |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | -32.31% | -8.28% |
Current DrawdownCurrent decline from peak | -2.04% | -9.20% | +7.16% |
Average DrawdownAverage peak-to-trough decline | -7.80% | -6.22% | -1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 8.96% | -6.84% |
Volatility
IWR vs. BBGLX - Volatility Comparison
The current volatility for iShares Russell Midcap ETF (IWR) is 3.59%, while Bridge Builder Large Cap Growth Fund (BBGLX) has a volatility of 3.95%. This indicates that IWR experiences smaller price fluctuations and is considered to be less risky than BBGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWR | BBGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.59% | 3.95% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 13.61% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.54% | 16.19% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.25% | 19.65% | -1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.38% | 19.44% | -0.06% |
IWR vs. BBGLX - Expense Ratio Comparison
Both IWR and BBGLX have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IWR vs. BBGLX - Dividend Comparison
IWR's dividend yield for the trailing twelve months is around 1.17%, while BBGLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBGLX Bridge Builder Large Cap Growth Fund | 0.00% | 0.00% | 7.16% | 0.78% | 0.71% | 7.71% | 3.67% | 2.05% | 5.25% | 0.80% | 0.92% | 0.52% |
IWR iShares Russell Midcap ETF | 1.17% | 1.29% | 1.27% | 1.43% | 1.59% | 1.04% | 1.28% | 1.43% | 1.98% | 1.52% | 1.72% | 1.59% |
Frequently Asked Questions
IWR and BBGLX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBGLX has higher volatility (3.95%) compared to IWR (3.59%). In terms of maximum drawdown, IWR dropped -58.78% vs BBGLX's -32.31%.
IWR currently has the higher Sharpe Ratio (1.43 vs 0.22), 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.
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