Institutional Trend Index
Bridge Alternatives Institutional Trend Index
| Mar 24, 2023 |
-0.289% |
| March 2023 | 2023 YTD |
-8.05% |
-7.14% |
| Date | Institutional Trend Index | SG CTA Index | BCOM Value | SP500 TR Value |
|---|---|---|---|---|
| Dec 2015 | 1000 | 1000 | 1000 | 1000 |
| Jan 2016 | 1053.2802835573366 | 1041.7875081408124 | 983.1934737088118 | 950.3767806579241 |
| Feb 2016 | 1081.578889680519 | 1072.6970805840674 | 967.2011546709538 | 949.0946213864717 |
| Mar 2016 | 1037.8098442997782 | 1040.5001941114501 | 1004.1645216611347 | 1013.4786473341366 |
| Apr 2016 | 1010.6448950439708 | 1017.3582941244983 | 1089.6404918089736 | 1017.4088858747944 |
| May 2016 | 989.5214872050578 | 996.5545296148399 | 1087.5819181560637 | 1035.6787461880174 |
| Jun 2016 | 1040.0637234038372 | 1041.641386096827 | 1132.507966787419 | 1038.363485493943 |
| Jul 2016 | 1050.2632574503646 | 1054.608441427506 | 1074.619662884088 | 1076.6458269665632 |
| Aug 2016 | 1021.0441068347085 | 1021.731512654209 | 1055.683817236055 | 1078.1583347771011 |
| Sep 2016 | 1011.2252479366159 | 1009.7125457082125 | 1088.7479589548595 | 1078.3598472273438 |
| Oct 2016 | 969.5558922914856 | 983.4184570258703 | 1083.4293979982772 | 1058.6900235846242 |
| Nov 2016 | 950.7162521771248 | 965.6220443317949 | 1097.8773130529 | 1097.8987571200869 |
| Dec 2016 | 953.4910986288542 | 971.3418050809626 | 1117.6665287546562 | 1119.5991438245987 |
| Jan 2017 | 939.7166792892665 | 960.408336266546 | 1119.180613150491 | 1140.8336785421372 |
| Feb 2017 | 967.9996092984533 | 981.8832156216762 | 1121.5171163545765 | 1186.134101262976 |
| Mar 2017 | 948.0297004359342 | 971.9867048727142 | 1091.668114216414 | 1187.5156691564875 |
| Apr 2017 | 933.2818275988852 | 970.7483614736623 | 1075.2317395547457 | 1199.7120787180218 |
| May 2017 | 931.3543322800745 | 971.1181437828884 | 1060.9499505727574 | 1216.5950592266313 |
| Jun 2017 | 904.0149228931093 | 937.7658061803087 | 1058.9109583200436 | 1224.1887632355879 |
| Jul 2017 | 921.2256516472543 | 944.9146920689614 | 1082.8539574957294 | 1249.361517443962 |
| Aug 2017 | 940.7033334966663 | 964.6748467429801 | 1087.2187147653242 | 1253.1871662867077 |
| Sep 2017 | 923.1757872098343 | 944.4903596923368 | 1085.5978801555154 | 1279.0375947499056 |
| Oct 2017 | 964.2706118619495 | 985.5324828336276 | 1108.877006698735 | 1308.883627044075 |
| Nov 2017 | 975.5017027704141 | 988.5443186159521 | 1103.7618396409669 | 1349.0265242561618 |
| Dec 2017 | 992.5711006345202 | 995.4621338921341 | 1136.714177881231 | 1364.025451014616 |
| Jan 2018 | 1047.7754718901656 | 1034.3345347868324 | 1159.2883740173781 | 1442.1210633734286 |
| Feb 2018 | 961.1786853124627 | 968.8283666187092 | 1139.2389151904306 | 1388.9704995559325 |
| Mar 2018 | 956.9276438851106 | 967.5349363359071 | 1132.1586598742385 | 1353.6711755895142 |
| Apr 2018 | 956.236077710838 | 968.2211136174698 | 1161.4189566903663 | 1358.865361134988 |
| May 2018 | 925.4608804337256 | 943.7353023802799 | 1177.8723861199471 | 1391.5898997385946 |
| Jun 2018 | 926.3769047107239 | 948.8768122904486 | 1136.6933331648927 | 1400.154375126797 |
| Jul 2018 | 920.9086055158573 | 942.214893574197 | 1112.4332416376383 | 1452.2607951575058 |
| Aug 2018 | 954.2271884682531 | 967.0952030377875 | 1092.7375113303674 | 1499.5812356190809 |
| Sep 2018 | 940.8226029014321 | 960.9931901695263 | 1113.6921361728482 | 1508.11695341959 |
| Oct 2018 | 912.0559494234107 | 934.1833827809486 | 1089.6499666800378 | 1405.0371727800616 |
| Nov 2018 | 894.857999228771 | 924.0334903773878 | 1083.5140401797707 | 1433.6691586333175 |
| Dec 2018 | 906.661996018621 | 937.3769979812921 | 1008.885534082691 | 1304.2233801490636 |
| Jan 2019 | 869.9529650120519 | 919.7345254960945 | 1063.8341013242716 | 1408.7371151157336 |
| Feb 2019 | 867.5423114316001 | 923.5914886124153 | 1074.6045030903877 | 1453.9695558412814 |
| Mar 2019 | 915.2076605189479 | 955.4335049905383 | 1072.686157529206 | 1482.2220671388395 |
| Apr 2019 | 944.7200240978889 | 981.6337684791449 | 1068.164117399969 | 1542.2362219427405 |
| May 2019 | 941.4145687262206 | 958.7194299084329 | 1032.2252998007114 | 1444.2301275845161 |
| Jun 2019 | 955.8471315828033 | 982.2446167873995 | 1059.9456142400984 | 1546.014717761807 |
| Jul 2019 | 989.7973962893452 | 1017.181343018046 | 1052.8167212524509 | 1568.2357502555003 |
| Aug 2019 | 1058.4518001866743 | 1051.5098110210902 | 1028.3961885751994 | 1543.3927793753176 |
| Sep 2019 | 1014.9325656634053 | 1017.9440383820995 | 1040.476017522194 | 1572.2706831622677 |
| Oct 2019 | 983.5357874287552 | 993.6592360732676 | 1061.5140212300275 | 1606.3245340610054 |
| Nov 2019 | 993.6652058449334 | 1002.354437663925 | 1034.333774441219 | 1664.6325972202044 |
| Dec 2019 | 972.5053939113826 | 996.0180152454351 | 1086.478411506283 | 1714.8758709735207 |
| Jan 2020 | 969.4383467041977 | 1004.3087658015529 | 1006.5477675624626 | 1714.2034301286508 |
| Feb 2020 | 965.6647728681168 | 989.3021504030407 | 955.8155179438262 | 1573.0923808590003 |
| Mar 2020 | 1003.4762628749522 | 990.6208878645436 | 833.3837607026561 | 1378.7942385703814 |
| Apr 2020 | 999.420007175035 | 992.8845276991506 | 820.5629968385513 | 1555.5474263254266 |
| May 2020 | 976.3208841852942 | 983.3728766912681 | 856.1790371636029 | 1629.634168159037 |
| Jun 2020 | 958.284692256644 | 969.3002544028132 | 875.7193795854429 | 1662.0446236643104 |
| Jul 2020 | 991.6801968644646 | 994.1911851436306 | 925.7012194159051 | 1755.759348028065 |
| Aug 2020 | 985.653765623136 | 981.4982448419447 | 988.3080091085081 | 1881.9629767122917 |
| Sep 2020 | 954.7109409827568 | 962.5184346858148 | 955.1863865052562 | 1810.4537154476197 |
| Oct 2020 | 956.718298895003 | 961.2524379131008 | 968.6413350724974 | 1762.308882083187 |
| Nov 2020 | 974.5520825961565 | 973.1768969762728 | 1002.6649654009279 | 1955.217684864514 |
| Dec 2020 | 1027.1210418448093 | 1027.5367718107752 | 1052.5381600432036 | 2030.3930021354126 |
| Jan 2021 | 1018.823461528915 | 1015.1924958263924 | 1080.1744639591677 | 2009.8936568480808 |
| Feb 2021 | 1055.585721499908 | 1044.3330072941947 | 1150.0674294990615 | 2065.3155467522597 |
| Mar 2021 | 1064.7654660567102 | 1053.5976989957549 | 1125.3759155094144 | 2155.7672923443747 |
| Apr 2021 | 1091.6268416630528 | 1085.2903080005945 | 1218.676865838982 | 2270.8184982515545 |
| May 2021 | 1114.031066329491 | 1106.195880792796 | 1251.927346688689 | 2286.6781639449896 |
| Jun 2021 | 1083.8716215229376 | 1094.505424103157 | 1275.104144624431 | 2340.0617715076955 |
| Jul 2021 | 1069.5906737571981 | 1097.6000818680484 | 1298.547502266073 | 2395.6483568230983 |
| Aug 2021 | 1069.024585085324 | 1094.435875096264 | 1294.7070211952873 | 2468.4895994219773 |
| Sep 2021 | 1067.2569489864554 | 1100.84023185521 | 1359.1216162866729 | 2353.681668576466 |
| Oct 2021 | 1111.4420329220754 | 1129.032834304253 | 1394.2424366841758 | 2518.5836424904815 |
| Nov 2021 | 1052.0203211001965 | 1087.0324770795103 | 1292.3155637390382 | 2501.1329940042624 |
| Dec 2021 | 1066.4022748189252 | 1090.9158922243744 | 1337.8726387831755 | 2613.2248112511793 |
| Jan 2022 | 1098.3807680712532 | 1114.2615013090651 | 1455.3212455033863 | 2477.99865297261 |
| Feb 2022 | 1137.8171483933309 | 1142.296358131177 | 1545.9837600710007 | 2403.802035697035 |
| Mar 2022 | 1239.5566598530534 | 1230.6415374597248 | 1679.6653475540638 | 2493.0551995746464 |
| Apr 2022 | 1329.1183054254852 | 1302.4617013784148 | 1749.2153227614838 | 2275.65683808727 |
| May 2022 | 1321.4492079487318 | 1300.9496573931015 | 1775.889611435538 | 2279.830273188445 |
| Jun 2022 | 1379.552999491575 | 1321.5471103289444 | 1584.545221980438 | 2091.644858393213 |
| Jul 2022 | 1315.4542373256897 | 1281.1091384165845 | 1652.086524522547 | 2284.5038129447357 |
| Aug 2022 | 1371.3284924736845 | 1322.9705849019554 | 1653.5418647177933 | 2191.3386227931037 |
| Sep 2022 | 1461.4859139052517 | 1375.7506725157727 | 1519.4654909404458 | 1989.5174536969441 |
| Oct 2022 | 1464.2483259614237 | 1382.1982922113014 | 1549.7200175600958 | 2150.591371399636 |
| Nov 2022 | 1362.84051438557 | 1311.8874433659073 | 1592.1535434438645 | 2270.776578637829 |
| Dec 2022 | 1352.5142506242564 | 1310.7001945034074 | 1553.1789771560873 | 2139.9465632209885 |
| Jan 2023 | 1331.7423373515637 | 1300.1902103115121 | 1545.5687607184493 | 2274.4085389782113 |
| Feb 2023 | 1365.8921350854216 | 1327.6682902455345 | 1472.942610705974 | 2218.91343366879 |
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)
- PIMCO (TRENDS Managed Futures Strategy) *
* New constituent in 2022
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 daily 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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