NQVRX vs. BBVSX

Last updated Jun 24, 2026

NQVRX (Nuveen Multi Cap Value Fund) and BBVSX (Bridge Builder Small/Mid Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 10 years, NQVRX returned 13.76%/yr vs 9.75%/yr for BBVSX. Their correlation of 0.93 suggests significant overlap in exposure. NQVRX charges 1.00%/yr vs 0.41%/yr for BBVSX.

Performance

NQVRX vs. BBVSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Multi Cap Value Fund (NQVRX) and Bridge Builder Small/Mid Cap Value Fund (BBVSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with NQVRX having a 14.86% return and BBVSX slightly higher at 15.06%. Over the past 10 years, NQVRX has outperformed BBVSX with an annualized return of 13.76%, while BBVSX has yielded a comparatively lower 9.75% annualized return.

NQVRX

• 1D: 0.29%
• 1M: 1.23%
• YTD: 14.86%
• 6M: 14.11%
• 1Y: 32.39%
• 3Y*: 20.53%
• 5Y*: 13.69%
• 10Y*: 13.76%

BBVSX

• 1D: 0.44%
• 1M: 3.90%
• YTD: 15.06%
• 6M: 11.83%
• 1Y: 12.94%
• 3Y*: 12.21%
• 5Y*: 6.45%
• 10Y*: 9.75%

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

NQVRX vs. BBVSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NQVRX Nuveen Multi Cap Value Fund	14.86%	17.89%	19.25%	15.94%	-1.02%	28.56%	-0.27%	30.35%	-14.39%	18.68%
BBVSX Bridge Builder Small/Mid Cap Value Fund	15.06%	-2.25%	10.61%	15.05%	-9.75%	28.14%	6.07%	28.04%	-14.47%	12.65%

Correlation

The correlation between NQVRX and BBVSX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Apr 29, 2015	0.93

The correlation between NQVRX and BBVSX has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

Return for Risk

NQVRX vs. BBVSX — Risk / Return Rank

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

NQVRX

NQVRX Risk / Return Rank: 84
NQVRX Sharpe Ratio Rank: 83
NQVRX Sortino Ratio Rank: 80
NQVRX Omega Ratio Rank: 73
NQVRX Calmar Ratio Rank: 91
NQVRX Martin Ratio Rank: 91

BBVSX

BBVSX Risk / Return Rank: 11
BBVSX Sharpe Ratio Rank: 11
BBVSX Sortino Ratio Rank: 10
BBVSX Omega Ratio Rank: 12
BBVSX Calmar Ratio Rank: 13
BBVSX Martin Ratio Rank: 10

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.

NQVRX vs. BBVSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Multi Cap Value Fund (NQVRX) and Bridge Builder Small/Mid Cap Value Fund (BBVSX). 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.

	NQVRX	BBVSX	Difference
Sharpe ratio: Return per unit of total volatility	2.52	0.83	+1.69
Sortino ratio: Return per unit of downside risk	3.49	1.17	+2.33
Omega ratio: Gain probability vs. loss probability	1.44	1.17	+0.27
Calmar ratio: Return relative to maximum drawdown	4.55	1.12	+3.43
Martin ratio: Return relative to average drawdown	17.21	2.76	+14.45

NQVRX vs. BBVSX - Sharpe Ratio Comparison

The current NQVRX Sharpe Ratio is 2.52, which is higher than the BBVSX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of NQVRX and BBVSX, 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

NQVRX vs. BBVSX - Drawdown Comparison

The maximum NQVRX drawdown since its inception was -67.80%, which is greater than BBVSX's maximum drawdown of -43.42%. Use the drawdown chart below to compare losses from any high point for NQVRX and BBVSX.

Drawdown Indicators

	NQVRX	BBVSX	Difference
Max Drawdown Largest peak-to-trough decline	-67.80%	-43.42%	-24.38%
Max Drawdown (1Y) Largest decline over 1 year	-7.37%	-13.05%	+5.68%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-23.25%	+5.32%
Max Drawdown (5Y) Largest decline over 5 years	-17.93%	-23.25%	+5.32%
Max Drawdown (10Y) Largest decline over 10 years	-42.26%	-43.42%	+1.16%
Current Drawdown Current decline from peak	-0.18%	-0.13%	-0.05%
Average Drawdown Average peak-to-trough decline	-10.97%	-6.15%	-4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	5.20%	-3.26%

Volatility

NQVRX vs. BBVSX - Volatility Comparison

Nuveen Multi Cap Value Fund (NQVRX) and Bridge Builder Small/Mid Cap Value Fund (BBVSX) have volatilities of 4.17% and 4.12%, 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

	NQVRX	BBVSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	4.12%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	14.27%	-4.02%
Volatility (1Y) Calculated over the trailing 1-year period	13.34%	17.67%	-4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	19.32%	-3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	21.03%	-1.92%

NQVRX vs. BBVSX - Expense Ratio Comparison

NQVRX has a 1.00% expense ratio, which is higher than BBVSX's 0.41% expense ratio.

Dividends

NQVRX vs. BBVSX - Dividend Comparison

NQVRX's dividend yield for the trailing twelve months is around 1.63%, while BBVSX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBVSX Bridge Builder Small/Mid Cap Value Fund	0.00%	0.00%	6.75%	3.88%	7.57%	10.92%	2.38%	1.32%	5.03%	1.18%	0.82%	0.68%
NQVRX Nuveen Multi Cap Value Fund	1.63%	1.87%	1.86%	1.29%	1.42%	1.23%	3.40%	1.34%	0.00%	1.99%	1.02%	1.05%

Frequently Asked Questions

Can I hold both NQVRX and BBVSX in my portfolio?

NQVRX and BBVSX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NQVRX or BBVSX?

NQVRX has higher volatility (4.17%) compared to BBVSX (4.12%). In terms of maximum drawdown, NQVRX dropped -67.80% vs BBVSX's -43.42%.

Which has better risk-adjusted returns?

NQVRX currently has the higher Sharpe Ratio (2.52 vs 0.83), 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.