VFVA vs. BBVSX

Last updated Jun 4, 2026

VFVA (Vanguard U.S. Value Factor ETF) and BBVSX (Bridge Builder Small/Mid Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 5 years, VFVA returned 9.48%/yr vs 5.44%/yr for BBVSX. Their correlation of 0.93 suggests significant overlap in exposure. VFVA charges 0.13%/yr vs 0.41%/yr for BBVSX.

Performance

VFVA vs. BBVSX - Performance Comparison

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

Returns By Period

In the year-to-date period, VFVA achieves a 9.50% return, which is significantly lower than BBVSX's 12.39% return.

VFVA

• 1D: -1.33%
• 1M: 0.94%
• YTD: 9.50%
• 6M: 10.40%
• 1Y: 28.50%
• 3Y*: 17.34%
• 5Y*: 9.48%
• 10Y*: —

BBVSX

• 1D: 1.10%
• 1M: 2.50%
• YTD: 12.39%
• 6M: 0.13%
• 1Y: 11.75%
• 3Y*: 11.49%
• 5Y*: 5.44%
• 10Y*: 9.06%

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

VFVA vs. BBVSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VFVA Vanguard U.S. Value Factor ETF	9.50%	14.77%	7.67%	17.37%	-3.96%	36.94%	2.28%	25.42%	-15.61%
BBVSX Bridge Builder Small/Mid Cap Value Fund	12.39%	-2.25%	10.61%	15.05%	-9.75%	28.14%	6.07%	28.04%	-13.75%

Correlation

The correlation between VFVA and BBVSX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Feb 16, 2018	0.93

The correlation between VFVA and BBVSX has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

Return for Risk

VFVA vs. BBVSX — Risk / Return Rank

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

VFVA

VFVA Risk / Return Rank: 58
VFVA Sharpe Ratio Rank: 54
VFVA Sortino Ratio Rank: 57
VFVA Omega Ratio Rank: 52
VFVA Calmar Ratio Rank: 66
VFVA Martin Ratio Rank: 59

BBVSX

BBVSX Risk / Return Rank: 10
BBVSX Sharpe Ratio Rank: 10
BBVSX Sortino Ratio Rank: 9
BBVSX Omega Ratio Rank: 11
BBVSX Calmar Ratio Rank: 11
BBVSX Martin Ratio Rank: 9

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.

VFVA vs. BBVSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Value Factor ETF (VFVA) 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.

	VFVA	BBVSX	Difference
Sharpe ratio Return per unit of total volatility	1.87	0.78	+1.09
Sortino ratio Return per unit of downside risk	2.76	1.11	+1.65
Omega ratio Gain probability vs. loss probability	1.33	1.16	+0.17
Calmar ratio Return relative to maximum drawdown	3.35	1.04	+2.31
Martin ratio Return relative to average drawdown	10.61	2.58	+8.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VFVA vs. BBVSX - Sharpe Ratio Comparison

The current VFVA Sharpe Ratio is 1.87, which is higher than the BBVSX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of VFVA 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.

Sharpe Ratios by Period

	VFVA	BBVSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	0.78	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.28	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.38	+0.04

Drawdowns

VFVA vs. BBVSX - Drawdown Comparison

The maximum VFVA drawdown since its inception was -48.58%, which is greater than BBVSX's maximum drawdown of -43.42%. Use the drawdown chart below to compare losses from any high point for VFVA and BBVSX.

Drawdown Indicators

	VFVA	BBVSX	Difference
Max Drawdown Largest peak-to-trough decline	-48.58%	-43.42%	-5.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.55%	-13.05%	+4.50%
Max Drawdown (3Y) Largest decline over 3 years	-24.07%	-23.25%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	-24.07%	-23.25%	-0.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.42%	—
Current Drawdown Current decline from peak	-1.51%	-2.13%	+0.62%
Average Drawdown Average peak-to-trough decline	-7.31%	-6.18%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	5.19%	-2.50%

Volatility

VFVA vs. BBVSX - Volatility Comparison

The current volatility for Vanguard U.S. Value Factor ETF (VFVA) is 3.36%, while Bridge Builder Small/Mid Cap Value Fund (BBVSX) has a volatility of 4.07%. This indicates that VFVA experiences smaller price fluctuations and is considered to be less risky than BBVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFVA	BBVSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	4.07%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	9.81%	14.29%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	15.35%	17.44%	-2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	19.33%	+0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.32%	21.01%	+3.31%

VFVA vs. BBVSX - Expense Ratio Comparison

VFVA has a 0.13% expense ratio, which is lower than BBVSX's 0.41% expense ratio.

Dividends

VFVA vs. BBVSX - Dividend Comparison

VFVA's dividend yield for the trailing twelve months is around 1.95%, 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%
VFVA Vanguard U.S. Value Factor ETF	1.95%	2.13%	2.40%	2.45%	2.21%	1.68%	2.04%	2.08%	1.65%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VFVA and BBVSX in my portfolio?

VFVA and BBVSX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VFVA or BBVSX?

BBVSX has higher volatility (4.07%) compared to VFVA (3.36%). In terms of maximum drawdown, VFVA dropped -48.58% vs BBVSX's -43.42%.

Which has better risk-adjusted returns?

VFVA currently has the higher Sharpe Ratio (1.87 vs 0.78), 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.