AESR vs BSR
Anfield US Equity Sector Rotation ETF vs Beacon Unified Catalyst ETF
Which is better, AESR or BSR?
AESR has been ahead.
AESR has a lower expense ratio. AESR led over 1Y, 3Y and the full window. BSR is less concentrated, with 73.0% of the fund in its ten largest positions against 84.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AESR | BSR |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.09% |
| AUM | $257M | $34M |
| Dividend Yield | 0.00% | 2.78% |
| Holdings | 66 | 60 |
| YTD Return | +14.49%Best | +4.18% |
| 1Y Return | +18.02%Best | +5.97% |
| 3Y Return (annualized) | +24.85%Best | +8.36% |
| 5Y Return (annualized) | +13.25% | - |
| Volatility (annualized) | 15.4% | 9.4%Best |
| Max Drawdown | -19.9% | -15.7%Best |
| $10,000 over 3.5 years | $19,971Best | $12,834 |
| Top 10 Weight | 84.6% | 73.0%Best |
| Fund Family | Horizon Funds | Beacon Capital Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Apr 17, 2023 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 18, 2023 to Oct 14, 2026 (3.5 years).
AESR vs BSR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.5 years both funds cover.
AESR vs BSR Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and Beacon Unified Catalyst ETF (BSR) is an ETF from Beacon Capital Management. Over the past year AESR returned +18.02% while BSR returned +5.97%. Year to date, AESR is up 14.49% versus a gain of 4.18% for BSR.
Over three years, AESR compounded at +24.85% per year against +8.36% for BSR. Across the full 4-year window we track, AESR has the edge at +21.85% annualized vs +7.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AESR has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 9.4% for BSR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.9% for AESR and -15.7% for BSR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AESR charges 0.97% per year while BSR charges 1.09%. On a $10,000 position that is $97 vs $109 annually, a gap of $12 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 2.78% for BSR.
Holdings Overlap
15.5% of AESR's money is in holdings BSR also owns. 25.4% of BSR's money is in holdings AESR also owns.
BSR and AESR share little of their money.
1 positions in common, counted across the 32 positions we hold weights for in AESR and 29 in BSR, against full books of 66 and 60.
What only one of them owns
Our book lists 28 positions for BSR that do not appear in our book for AESR (74.3% of the fund), and 28 for AESR that do not appear in BSR (82.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AESR | Weight in BSR | Difference |
|---|---|---|---|
| SPYSpdr S&p 500 ETF Trust | 15.48% | 25.44% | 9.96% |
25.4% of BSR is already inside AESR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AESR or BSR?
AESR has an expense ratio of 0.97% while BSR charges 1.09%. AESR is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AESR or BSR?
Over the past year AESR returned +18.02% vs +5.97% for BSR, so AESR leads on 1-year performance. Over the longest common window we track (4 years), AESR annualized +21.85% vs +7.39% for BSR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or BSR?
AESR has been the more volatile fund at 15.4% annualized versus 9.4% for BSR. Worst drawdown: AESR -19.9% vs BSR -15.7%.
Should I hold both AESR and BSR?
AESR and BSR have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AESR and BSR?
25.4% of BSR's money is in holdings AESR also owns. 25.4% of BSR's is in holdings AESR also owns. They hold 1 positions in common, counted across the 32 positions we hold weights for in AESR and 29 in BSR.
Which pays a higher dividend, AESR or BSR?
AESR yields 0.00% while BSR yields 2.78%, so BSR currently pays the higher dividend yield.
Is BSR better than AESR?
AESR has a lower expense ratio. AESR led over 1Y, 3Y and the full window. BSR is less concentrated, with 73.0% of the fund in its ten largest positions against 84.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.