Bridge Builder Correlations

BBCPX Fund

USD 8.83 0.03 0.34%

The current 90-days correlation between Bridge Builder E and Bridge Builder Large is 0.05 (i.e., Significant diversification). The correlation of Bridge Builder is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridge Builder E. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Bridge Mutual Fund

0.86	BBMUX	Bridge Builder Municipal	Pair Corr
0.73	BBMHX	Bridge Builder Trust	Pair Corr
0.98	BBTBX	Bridge Builder E	Pair Corr
0.72	BBTSX	Bridge Builder Trust	Pair Corr
0.76	BBTLX	Bridge Builder Trust	Pair Corr
0.69	BBTIX	Bridge Builder Tax	Pair Corr
0.66	MWTNX	Metropolitan West Total	Pair Corr
0.65	MWTSX	Metropolitan West Total	Pair Corr
0.67	PTTPX	Pimco Total Return	Pair Corr
0.7	PTRRX	Total Return	Pair Corr
0.66	PTRAX	Total Return	Pair Corr
0.79	PTTRX	Total Return	Pair Corr
0.74	FIWGX	Strategic Advisers	Pair Corr
0.77	DODIX	Dodge Income	Pair Corr
0.7	MWTIX	Metropolitan West Total	Pair Corr
0.76	MWTRX	Metropolitan West Total	Pair Corr
0.78	PDI	Pimco Dynamic Income	Pair Corr
0.71	MEFFX	Massmutual Select Mid	Pair Corr
0.76	TCLPX	Tiaa Cref Lifecycle	Pair Corr
0.75	BEMRX	Brandes Emerging Markets	Pair Corr
0.68	JACJX	John Hancock Mid	Pair Corr
0.67	ACVIX	Small Cap Value	Pair Corr
0.84	NHIRX	Neuberger Berman High	Pair Corr
0.62	FRQAX	Fidelity Income Repl	Pair Corr

Moving against Bridge Mutual Fund

0.69	USPSX	Profunds Ultrashort	Pair Corr
0.69	USPIX	Profunds Ultrashort	Pair Corr
0.67	UIPIX	Ultrashort Mid Cap	Pair Corr

Related Correlations Analysis

	BBCPX	BBGLX	BBGSX	BBIEX	BBMUX	BBMHX	BBTBX	BBTLX	BBTIX	BBVSX
BBCPX		0.46	0.55	0.47	0.86	0.73	0.98	0.76	0.69	0.46	BBCPX
BBGLX	0.46		0.84	0.96	0.5	0.29	0.39	0.53	0.4	0.96	BBGLX
BBGSX	0.55	0.84		0.83	0.64	0.47	0.46	0.65	0.53	0.81	BBGSX
BBIEX	0.47	0.96	0.83		0.55	0.37	0.39	0.59	0.52	0.9	BBIEX
BBMUX	0.86	0.5	0.64	0.55		0.91	0.77	0.91	0.88	0.53	BBMUX
BBMHX	0.73	0.29	0.47	0.37	0.91		0.67	0.72	0.74	0.34	BBMHX
BBTBX	0.98	0.39	0.46	0.39	0.77	0.67		0.64	0.55	0.39	BBTBX
BBTLX	0.76	0.53	0.65	0.59	0.91	0.72	0.64		0.94	0.54	BBTLX
BBTIX	0.69	0.4	0.53	0.52	0.88	0.74	0.55	0.94		0.38	BBTIX
BBVSX	0.46	0.96	0.81	0.9	0.53	0.34	0.39	0.54	0.38		BBVSX
	BBCPX	BBGLX	BBGSX	BBIEX	BBMUX	BBMHX	BBTBX	BBTLX	BBTIX	BBVSX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Bridge Mutual Fund performing well and Bridge Builder Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bridge Builder's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BBCPX	0.26	0.03	(0.33)	(25.32)	0.23	(0.31)	0.46	(0.46)	1.27
BBGLX	0.60	0.19	0.23	0.45	0.00	(0.77)	1.50	(0.77)	5.06
BBGSX	0.70	0.23	0.12	16.80	0.48	(0.84)	1.75	(1.10)	5.71
BBIEX	0.50	0.09	0.01	0.37	0.39	(0.57)	1.11	(1.03)	3.17
BBMUX	0.11	0.01	(0.67)	(0.78)	0.00	(0.17)	0.21	(0.21)	0.73
BBMHX	0.19	0.00	(0.49)	0.01	0.19	(0.27)	0.42	(0.31)	1.34
BBTBX	0.27	0.01	(0.34)	0.87	0.27	(0.29)	0.46	(0.45)	1.35
BBTLX	0.63	0.10	0.09	0.24	0.52	(0.74)	1.92	(1.26)	4.64
BBTIX	0.57	0.17	0.03	(2.61)	0.46	(0.68)	1.29	(1.18)	3.36
BBVSX	0.71	0.09	0.07	0.26	0.69	(0.80)	1.63	(1.15)	5.71

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Bridge Builder Correlations

Moving together with Bridge Mutual Fund

Moving against Bridge Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY