ALRG vs BAFE
Allspring LT Large Core ETF vs Brown Advisory Flexible Equity ETF
Which is better, ALRG or BAFE?
ALRG has been ahead.
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 47.1%.
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 | ALRG | BAFE |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.54% |
| AUM | $8M | $1.8B |
| Dividend Yield | 0.42% | 0.27% |
| Holdings | 51 | 90 |
| YTD Return | +13.91%Best | +9.97% |
| 1Y Return | +18.20%Best | +12.65% |
| Volatility (annualized) | 11.9%Best | 12.3% |
| Max Drawdown | -9.3%Best | -12.7% |
| $10,000 over 1.3 years | $12,860Best | $11,483 |
| Top 10 Weight | 47.1% | 45.4%Best |
| Fund Family | Allspring Global Investments | Brown Advisory |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Nov 18, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 14, 2026 (1.3 years).
ALRG vs BAFE 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 1.3 years both funds cover.
ALRG vs BAFE Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory. Over the past year ALRG returned +18.20% while BAFE returned +12.65%. Year to date, ALRG is up 13.91% versus a gain of 9.97% for BAFE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.9% for ALRG. 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 -9.3% for ALRG and -12.7% for BAFE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALRG charges 0.28% per year while BAFE charges 0.54%. On a $10,000 position that is $28 vs $54 annually, a gap of $26 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 0.27% for BAFE.
Holdings Overlap
42.4% of ALRG's money is in holdings BAFE also owns. 35.2% of BAFE's money is in holdings ALRG also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 50 positions we hold weights for in ALRG and 42 in BAFE, against full books of 51 and 90.
What only one of them owns
Our book lists 28 positions for BAFE that do not appear in our book for ALRG (50.5% of the fund), and 35 for ALRG that do not appear in BAFE (49.8%).
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 ALRG | Weight in BAFE | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 7.79% | 6.49% | 1.30% |
| AAPLApple, Inc | 8.81% | 1.90% | 6.91% |
| NVDANvidia Corp | 5.43% | 3.84% | 1.59% |
| AMZNAmazon.Com Inc | 4.79% | 4.42% | 0.37% |
| GOOGAlphabet Inc. C | 5.53% | 3.54% | 1.99% |
| METAMeta Platforms Inc | 2.86% | 4.60% | 1.74% |
| VVisa Inc Class A | 2.15% | 4.22% | 2.07% |
| SU:CASuncor Energy Inc | 2.53% | 2.85% | 0.32% |
| ADIAnalog Devices, Inc. | 1.32% | 1.99% | 0.67% |
| MDLZMondelez International Inc Com A Npv | 1.17% | 1.36% | 0.19% |
42.4% of ALRG is already inside BAFE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALRG or BAFE?
ALRG has an expense ratio of 0.28% while BAFE charges 0.54%. ALRG is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, ALRG or BAFE?
Over the past year ALRG returned +18.20% vs +12.65% for BAFE, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +21.35% vs +11.22% for BAFE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or BAFE?
BAFE has been the more volatile fund at 12.3% annualized versus 11.9% for ALRG. Worst drawdown: ALRG -9.3% vs BAFE -12.7%.
Should I hold both ALRG and BAFE?
ALRG and BAFE have a monthly-return correlation of 0.88, 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 ALRG and BAFE?
42.4% of ALRG's money is in holdings BAFE also owns. 35.2% of BAFE's is in holdings ALRG also owns. They hold 10 positions in common, counted across the 50 positions we hold weights for in ALRG and 42 in BAFE.
Which pays a higher dividend, ALRG or BAFE?
ALRG yields 0.42% while BAFE yields 0.27%, so ALRG currently pays the higher dividend yield.
Is BAFE better than ALRG?
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.