Indices

Bridge Alternatives Institutional Trend Index

Institutional Trend Index

May 28, 2024 May 2024 2024 YTD
0.290% -0.73% 12.92%

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.

Date Institutional Trend Index BCOM Value SP500 TR Value
Dec 2015 1000 1000 1000
Jan 2016 1053.2802835573366 983.1934737088118 950.3767806579241
Feb 2016 1081.578889680519 967.2011546709538 949.0946213864717
Mar 2016 1037.8098442997782 1004.1645216611347 1013.4786473341366
Apr 2016 1010.6448950439708 1089.6404918089736 1017.4088858747944
May 2016 989.5214872050578 1087.5819181560637 1035.6787461880174
Jun 2016 1040.0637234038372 1132.507966787419 1038.363485493943
Jul 2016 1050.2632574503646 1074.619662884088 1076.6458269665632
Aug 2016 1021.0441068347085 1055.683817236055 1078.1583347771011
Sep 2016 1011.2252479366159 1088.7479589548595 1078.3598472273438
Oct 2016 969.5558922914856 1083.4293979982772 1058.6900235846242
Nov 2016 950.7162521771248 1097.8773130529 1097.8987571200869
Dec 2016 953.4910986288542 1117.6665287546562 1119.5991438245987
Jan 2017 939.7166792892665 1119.180613150491 1140.8336785421372
Feb 2017 967.9996092984533 1121.5171163545765 1186.134101262976
Mar 2017 948.0297004359342 1091.668114216414 1187.5156691564875
Apr 2017 933.2818275988852 1075.2317395547457 1199.7120787180218
May 2017 931.3543322800745 1060.9499505727574 1216.5950592266313
Jun 2017 904.0149228931093 1058.9109583200436 1224.1887632355879
Jul 2017 921.2256516472543 1082.8539574957294 1249.361517443962
Aug 2017 940.7033334966663 1087.2187147653242 1253.1871662867077
Sep 2017 923.1757872098343 1085.5978801555154 1279.0375947499056
Oct 2017 964.2706118619495 1108.877006698735 1308.883627044075
Nov 2017 975.5017027704141 1103.7618396409669 1349.0265242561618
Dec 2017 992.5711006345202 1136.714177881231 1364.025451014616
Jan 2018 1047.7754718901656 1159.2883740173781 1442.1210633734286
Feb 2018 961.1786853124627 1139.2389151904306 1388.9704995559325
Mar 2018 956.9276438851106 1132.1586598742385 1353.6711755895142
Apr 2018 956.236077710838 1161.4189566903663 1358.865361134988
May 2018 925.4608804337256 1177.8723861199471 1391.5898997385946
Jun 2018 926.3769047107239 1136.6933331648927 1400.154375126797
Jul 2018 920.9086055158573 1112.4332416376383 1452.2607951575058
Aug 2018 954.2271884682531 1092.7375113303674 1499.5812356190809
Sep 2018 940.8226029014321 1113.6921361728482 1508.11695341959
Oct 2018 912.0559494234107 1089.6499666800378 1405.0371727800616
Nov 2018 894.857999228771 1083.5140401797707 1433.6691586333175
Dec 2018 906.661996018621 1008.885534082691 1304.2233801490636
Jan 2019 869.9529650120519 1063.8341013242716 1408.7371151157336
Feb 2019 867.5423114316001 1074.6045030903877 1453.9695558412814
Mar 2019 915.2076605189479 1072.686157529206 1482.2220671388395
Apr 2019 944.7200240978889 1068.164117399969 1542.2362219427405
May 2019 941.4145687262206 1032.2252998007114 1444.2301275845161
Jun 2019 955.8471315828033 1059.9456142400984 1546.014717761807
Jul 2019 989.7973962893452 1052.8167212524509 1568.2357502555003
Aug 2019 1058.4518001866743 1028.3961885751994 1543.3927793753176
Sep 2019 1014.9325656634053 1040.476017522194 1572.2706831622677
Oct 2019 983.5357874287552 1061.5140212300275 1606.3245340610054
Nov 2019 993.6652058449334 1034.333774441219 1664.6325972202044
Dec 2019 972.5053939113826 1086.478411506283 1714.8758709735207
Jan 2020 969.4383467041977 1006.5477675624626 1714.2034301286508
Feb 2020 965.6647728681168 955.8155179438262 1573.0923808590003
Mar 2020 1003.4762628749522 833.3837607026561 1378.7942385703814
Apr 2020 999.420007175035 820.5629968385513 1555.5474263254266
May 2020 976.3208841852942 856.1790371636029 1629.634168159037
Jun 2020 958.284692256644 875.7193795854429 1662.0446236643104
Jul 2020 991.6801968644646 925.7012194159051 1755.759348028065
Aug 2020 985.653765623136 988.3080091085081 1881.9629767122917
Sep 2020 954.7109409827568 955.1863865052562 1810.4537154476197
Oct 2020 956.718298895003 968.6413350724974 1762.308882083187
Nov 2020 974.5520825961565 1002.6649654009279 1955.217684864514
Dec 2020 1027.1210418448093 1052.5381600432036 2030.3930021354126
Jan 2021 1018.823461528915 1080.1744639591677 2009.8936568480808
Feb 2021 1055.585721499908 1150.0674294990615 2065.3155467522597
Mar 2021 1064.7654660567102 1125.3759155094144 2155.7672923443747
Apr 2021 1091.6268416630528 1218.676865838982 2270.8184982515545
May 2021 1114.031066329491 1251.927346688689 2286.6781639449896
Jun 2021 1083.8716215229376 1275.104144624431 2340.0617715076955
Jul 2021 1069.5906737571981 1298.547502266073 2395.6483568230983
Aug 2021 1069.024585085324 1294.7070211952873 2468.4895994219773
Sep 2021 1067.2569489864554 1359.1216162866729 2353.681668576466
Oct 2021 1111.4420329220754 1394.2424366841758 2518.5836424904815
Nov 2021 1052.0203211001965 1292.3155637390382 2501.1329940042624
Dec 2021 1066.4022748189252 1337.8726387831755 2613.2248112511793
Jan 2022 1098.3807680712532 1455.3212455033863 2477.99865297261
Feb 2022 1137.8171483933309 1545.9837600710007 2403.802035697035
Mar 2022 1239.5566598530534 1679.6653475540638 2493.0551995746464
Apr 2022 1329.1183054254852 1749.2153227614838 2275.65683808727
May 2022 1321.4492079487318 1775.889611435538 2279.830273188445
Jun 2022 1379.552999491575 1584.545221980438 2091.644858393213
Jul 2022 1315.4542373256897 1652.086524522547 2284.5038129447357
Aug 2022 1371.3284924736845 1653.5418647177933 2191.3386227931037
Sep 2022 1461.4859139052517 1519.4654909404458 1989.5174536969441
Oct 2022 1464.2483259614237 1549.7200175600958 2150.591371399636
Nov 2022 1362.84051438557 1592.1535434438645 2270.776578637829
Dec 2022 1352.5142506242564 1553.1789771560873 2139.9465632209885
Jan 2023 1331.7423373515637 1545.5687607184493 2274.4085389782113
Feb 2023 1365.8921350854216 1472.942610705974 2218.91343366879
Mar 2023 1263.108234555366 1469.9093886497378 2300.379335870331
Apr 2023 1292.5071959522318 1458.86358396473 2336.2856830572077
May 2023 1323.1970282219268 1376.6374945914295 2346.4412720734426
Jun 2023 1353.6387896110414 1432.2442495428388 2501.483580137021
Jul 2023 1341.665954539031 1521.8506318159866 2581.842485298238
Aug 2023 1318.3290839199767 1510.190223828038 2540.736719155935
Sep 2023 1355.0729826577438 1499.7046998518767 2419.599109807432
Oct 2023 1355.7692104008704 1503.6879356466768 2368.722357946346
Nov 2023 1289.7899665091334 1469.8152715971794 2585.047948894495
Dec 2023 1271.3440629122485 1430.2823195747683 2702.488441948699
Jan 2024 1289.037462666153 1435.9729271350839 2747.9013044823796
Feb 2024 1361.4939700038346 1414.8502812457573 2894.6279334669243
Mar 2024 1416.3235589646208 1461.6555126378996 2987.7616708247415
Apr 2024 1446.0743828615527 1500.9888607099213 2865.726374666989
Past performance is not necessarily indicative of future results

Index Constituents

  • AlphaSimplex Group, LLC (Managed Futures Strategy)
  • Aspect Capital (Core Trend Fund)
  • Crabel Capital Managment, LLC (Advanced Trend)
  • Graham Capital Management (Tactical Trend)
  • PIMCO (TRENDS Managed Futures Strategy)
* Constituents unchanged from 2023 to 2024

Index Methodology

Style Definition:

The index is comprised of hedge funds/commodity trading advisors that chiefly employ a systematic trend following approach across a diversified portfolio of futures and/or foreign exchange.

Largest five (5) managers by strategy assets under management (USD) who

  • meet the style definition (index committee’s discretion)
  • offer a management fee only share class
  • are open to new investment
  • report to Bridge daily estimated performance

Index
Performance

reported on a monthly basis

 

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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