AMID vs BUYO

AMID vs BUYO

Which is better, AMID or BUYO?

BUYO has been ahead.

AMID has a lower expense ratio. BUYO led over 1Y and the full window. BUYO is less concentrated, with 11.2% of the fund in its ten largest positions against 31.5%.

Lower Fees: AMIDHigher Returns: BUYOLess Concentrated: BUYO

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

MetricAMIDBUYO
Expense Ratio0.52%Best0.89%
AUM$119M$16M
Dividend Yield0.33%0.01%
Holdings48328
YTD Return+7.28%+14.76%Best
1Y Return+6.87%+21.72%Best
3Y Return (annualized)+12.21%-
Volatility (annualized)15.0%Best17.1%
Max Drawdown-23.1%Best-28.0%
$10,000 over 2 years$10,426$12,798Best
Top 10 Weight31.5%11.2%Best
Fund FamilyAlpha ArchitectKraneShares
CategoryEquityEquity
StyleMid Cap BlendMid Cap Blend
InceptionAug 17, 2022Oct 8, 2024

Not shown on this pair: 5Y Return (annualized).

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 8, 2024 to Oct 14, 2026 (2 years).

AMID vs BUYO 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 2 years both funds cover.

Compare AMID against instead:AMID vs SPYAMID vs QQQAMID vs VOOAMID vs VTIBUYO against:BUYO vs VXUS

AMID vs BUYO Performance

Argent Mid Cap ETF (AMID) is an ETF from Alpha Architect and KraneShares Man Buyout Beta Index ETF (BUYO) is an ETF from KraneShares. Over the past year AMID returned +6.87% while BUYO returned +21.72%. Year to date, AMID is up 7.28% versus a gain of 14.76% for BUYO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BUYO has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.0% for AMID. 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 -23.1% for AMID and -28.0% for BUYO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AMID charges 0.52% per year while BUYO charges 0.89%. On a $10,000 position that is $52 vs $89 annually, a gap of $37 per year that compounds over a long holding period. On income, AMID currently yields 0.33% against 0.01% for BUYO.

Holdings Overlap

AMID already in BUYO14.2%
BUYO already in AMID2.9%

14.2% of AMID's money is in holdings BUYO also owns. 2.9% of BUYO's money is in holdings AMID also owns.

AMID and BUYO share little of their money.

7 positions in common, counted across the 47 positions we hold weights for in AMID and 322 in BUYO, against full books of 48 and 328.

What only one of them owns

Our book lists 306 positions for BUYO that do not appear in our book for AMID (93.8% of the fund), and 36 for AMID that do not appear in BUYO (77.7%).

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

StockWeight in AMIDWeight in BUYODifference
ONTOOnto Innovation Inc2.12%0.81%1.31%
USFDUS Foods Holding Corp2.49%0.35%2.14%
SNXSynnex Corp2.53%0.22%2.31%
CLHClean Harbors Inc2.02%0.32%1.70%
EWBCEast West Bancorp, Inc.1.94%0.33%1.61%
WWDWoodward Inc1.86%0.30%1.56%
APGApi Group Corp1.22%0.57%0.65%

You are not choosing between two funds in isolation.

Whichever of AMID and BUYO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AMIDBUYO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, AMID or BUYO?

AMID has an expense ratio of 0.52% while BUYO charges 0.89%. AMID is the cheaper option, by $37 a year on a $10,000 investment.

Which performed better, AMID or BUYO?

Over the past year AMID returned +6.87% vs +21.72% for BUYO, so BUYO leads on 1-year performance. Over the longest common window we track (2 years), AMID annualized +2.11% vs +13.13% for BUYO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AMID or BUYO?

BUYO has been the more volatile fund at 17.1% annualized versus 15.0% for AMID. Worst drawdown: AMID -23.1% vs BUYO -28.0%.

Should I hold both AMID and BUYO?

AMID and BUYO have a monthly-return correlation of 0.87, 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 AMID and BUYO?

14.2% of AMID's money is in holdings BUYO also owns. 2.9% of BUYO's is in holdings AMID also owns. They hold 7 positions in common, counted across the 47 positions we hold weights for in AMID and 322 in BUYO.

Which pays a higher dividend, AMID or BUYO?

AMID yields 0.33% while BUYO yields 0.01%, so AMID currently pays the higher dividend yield.

Is BUYO better than AMID?

AMID has a lower expense ratio. BUYO led over 1Y and the full window. BUYO is less concentrated, with 11.2% of the fund in its ten largest positions against 31.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.