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Institutional Trend Index

Bridge Alternatives Institutional Trend Index


Nov 25, 2021

-0.000%

November 2021 2021 YTD

0.64%

9.26%

Date Institutional Trend Index SG CTA Index BCOM Value SP500 TR Value
Dec 2015 1000 1000 1000 1000
Jan 2016 1053.2802835573366 1041.7875081408124 974.9156235046711 921.1398805812233
Feb 2016 1081.578889680519 1072.6970805840674 978.27339526562 937.9490928898629
Mar 2016 1037.8098442997782 1040.5001941114501 1011.5326219315745 1001.2002721422623
Apr 2016 1010.6448950439708 1017.3582941244983 1097.6357756784919 1005.0828955274131
May 2016 989.5214872050578 996.5545296148399 1097.030464140803 1027.7022174194026
Jun 2016 1040.0637234038372 1041.641386096827 1142.3468151754253 1030.36627956034
Jul 2016 1050.2632574503646 1054.608441427506 1094.168731813861 1070.6341157663019
Aug 2016 1021.0441068347085 1021.731512654209 1074.8884125212423 1072.1381781253112
Sep 2016 1011.2252479366159 1009.7125457082125 1120.556807559103 1076.901099745894
Oct 2016 969.5558922914856 983.4184570258703 1115.0828595830833 1057.2578843877586
Nov 2016 950.7162521771248 965.6220443317949 1132.8761777225739 1097.3374894394228
Dec 2016 953.4910986288542 971.3418050809626 1152.7841192973692 1120.5397237069747
Jan 2017 939.7166792892665 960.408336266546 1153.1173244324814 1138.6504731812997
Feb 2017 967.9996092984533 981.8832156216762 1150.7068845191886 1185.8748127996128
Mar 2017 948.0297004359342 971.9867048727142 1120.0810012798354 1187.2560786829083
Apr 2017 933.2818275988852 970.7483614736623 1108.5925069539007 1191.2836560638714
May 2017 931.3543322800745 971.1181437828884 1097.821185866586 1208.5828187543605
Jun 2017 904.0149228931093 937.7658061803087 1095.711332436046 1216.1265122177922
Jul 2017 921.2256516472543 944.9146920689614 1127.4109322356805 1244.1180238146055
Aug 2017 940.7033334966663 964.6748467429801 1131.9552893285581 1247.9276166438956
Sep 2017 923.1757872098343 944.4903596923368 1134.5853593004424 1276.2784954765054
Oct 2017 964.2706118619495 985.5324828336276 1158.9149537442484 1306.0601448578077
Nov 2017 975.5017027704141 988.5443186159521 1161.168943590766 1345.2246794146672
Dec 2017 992.5711006345202 995.4621338921341 1202.444381463579 1359.5651656786008
Jan 2018 1047.7754718901656 1034.3345347868324 1239.2767038205172 1439.701379839973
Feb 2018 961.1786853124627 968.8283666187092 1217.4369159981634 1387.2815016797422
Mar 2018 956.9276438851106 967.5349363359071 1219.8342767371698 1370.7050083324514
Apr 2018 956.236077710838 968.2211136174698 1251.3605232508703 1375.9645545721712
May 2018 925.4608804337256 943.7353023802799 1260.9426431194897 1405.9432260369574
Jun 2018 926.3769047107239 948.8768122904486 1216.859409242729 1414.596038305044
Jul 2018 920.9086055158573 942.214893574197 1193.6590551772822 1459.9795450862334
Aug 2018 954.2271884682531 967.0952030377875 1172.5252145568832 1507.5514931610817
Sep 2018 940.8226029014321 960.9931901695263 1196.8002781787063 1516.4897106461087
Oct 2018 912.0559494234107 934.1833827809486 1170.9639862606414 1412.8376521230246
Nov 2018 894.857999228771 924.0334903773878 1169.707721372822 1446.134836572601
Dec 2018 906.661996018621 937.3769979812921 1068.840605795619 1238.6394280260297
Jan 2019 869.9529650120519 919.7345254960945 1127.4925327369774 1367.2617947767135
Feb 2019 867.5423114316001 923.5914886124153 1153.1672438292483 1426.6165428014228
Mar 2019 915.2076605189479 955.4335049905383 1151.108650870501 1454.33754963465
Apr 2019 944.7200240978889 981.6337684791449 1146.964226919834 1515.6482362209888
May 2019 941.4145687262206 958.7194299084329 1118.9730812404366 1421.46435425716
Jun 2019 955.8471315828033 982.2446167873995 1149.0229992837003 1521.6444875934421
Jul 2019 989.7973962893452 1017.181343018046 1157.8124899218808 1546.5162804308563
Aug 2019 1058.4518001866743 1051.5098110210902 1130.9565356294456 1522.017375266749
Sep 2019 1014.9325656634053 1017.9440383820995 1137.1697707871626 1551.7002590280358
Oct 2019 983.5357874287552 993.6592360732676 1160.16288302749 1585.308574584868
Nov 2019 993.6652058449334 1002.354437663925 1125.864983735007 1649.9073068859054
Dec 2019 972.5053939113826 996.0180152454351 1189.1997756247906 1699.4929843749399
Jan 2020 969.4383467041977 1004.3087658015529 1097.79727607744 1710.5580615408146
Feb 2020 965.6647728681168 989.3021504030407 1043.4019870005945 1572.8963061046222
Mar 2020 1003.4762628749522 990.6208878645436 909.7511554549626 1378.6223816947427
Apr 2020 999.420007175035 992.8845276991506 900.4242477736989 1578.086868590616
May 2020 976.3208841852942 983.3728766912681 935.4264976675786 1657.4234614669633
Jun 2020 958.284692256644 969.3002544028132 956.7754834304643 1690.386595402695
Jul 2020 991.6801968644646 994.1911851436306 1018.3529871484675 1794.2031498709046
Aug 2020 985.653765623136 981.4982448419447 1087.2259776577232 1923.1701112968494
Sep 2020 954.7109409827568 962.5184346858148 1052.1568056592032 1835.047157908702
Oct 2020 956.718298895003 961.2524379131008 1066.9776991568717 1786.2483187671298
Nov 2020 974.5520825961565 973.1768969762728 1105.51605305139 1978.7091816991701
Dec 2020 1027.1210418448093 1027.5367718107752 1160.4599598440582 2062.2728318538693
Jan 2021 1022.4618861306717 1015.1924958263924 1186.8416812076823 2040.0117094919487
Feb 2021 1059.4070444217436 1044.3330072941947 1272.5328689786295 2106.2485561816807
Mar 2021 1068.6620478495206 1053.5976989957549 1245.2120681884032 2198.492987720043
Apr 2021 1095.4749781307005 1085.2903080005945 1354.742304958625 2343.211763958888
May 2021 1117.8721815349077 1106.195880792796 1392.0402283691114 2361.684957763572
Jun 2021 1087.6282556471688 1094.499643160156 1417.8109211945934 2416.81963520086
Jul 2021 1073.2499110693857 1097.6207349213737 1448.2435846075005 2493.104011988977
Aug 2021 1072.7348727277624 1094.42395755987 1443.96037427991 2568.90845701293
Sep 2021 1070.96006993547 1100.81468908452 1522.11046582135 2448.67197284872
Oct 2021 1115.2502045897768 1129.0701096124715 1561.4430521437812 2620.2290900161006

Past performance is not necessarily indicative of future results

The Bridge Alternatives Institutional Trend Index provides a daily benchmark for diversified investment strategies that do not charge incentive fees. The index tracks a growing segment of the alternatives industry and was constructed in direct response to institutional investor demand. Constituents are the five largest managers (ranked by strategy assets under management) who are both open for investment and able to provide daily data. Performance is reported net of fees on a daily basis. The index is equally weighted and is rebalanced and reconstituted on an annual basis. The most recent performance may be estimated and subject to revision.

Index Constituents


  • AlphaSimplex Group, LLC (Managed Futures Strategy)
  • Aspect Capital (Core Trend Fund)
  • Crabel Capital Managment, LLC (Advanced Trend) *
  • Graham Capital Management (Tactical Trend)
  • GSA Capital Partners LLP (Trend Fund)

* New constituent in 2021

Index Methodology


  • Style Definition: The index is comprised of hedge funds that chiefly employ a commodity-focused, long/short trading approach using commodity derivative instruments and/or physical products.
  • Largest fifteen (15) managers by strategy assets under management (USD) who meet the style definition (index committee’s discretion)
  • Index performance reported on a monthly basis
  • Equally and asset weighted return series
  • Rebalanced annually (January 1; using AUM as of 10/31)
  • Reconstituted annually (January 1; using AUM as of 10/31)

Monthly performance reports

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