BAFE vs BKCG
Brown Advisory Flexible Equity ETF vs BNY Mellon Concentrated Growth ETF
Which is better, BAFE or BKCG?
BKCG has been ahead.
BKCG has a lower expense ratio. BKCG led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 57.9%.
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 | BAFE | BKCG |
|---|---|---|
| Expense Ratio | 0.54% | 0.50%Best |
| AUM | $1.8B | $123M |
| Dividend Yield | 0.27% | 0.59% |
| Holdings | 90 | 30 |
| YTD Return | +9.97%Best | +9.20% |
| 1Y Return | +12.65% | +12.91%Best |
| Volatility (annualized) | 12.2%Best | 12.6% |
| Max Drawdown | -12.7% | -12.1%Best |
| $10,000 over 1.5 years | $12,465 | $12,865Best |
| Top 10 Weight | 45.4%Best | 57.9% |
| Fund Family | Brown Advisory | BNY Mellon Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Mar 31, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 31, 2025 to Oct 14, 2026 (1.5 years).
BAFE vs BKCG 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 1.5 years both funds cover.
BAFE vs BKCG Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and BNY Mellon Concentrated Growth ETF (BKCG) is an ETF from BNY Mellon Investment Management. Over the past year BAFE returned +12.65% while BKCG returned +12.91%. Year to date, BAFE is up 9.97% versus a gain of 9.20% for BKCG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BKCG has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.2% for BAFE. 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 -12.7% for BAFE and -12.1% for BKCG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while BKCG charges 0.50%. On a $10,000 position that is $54 vs $50 annually, a gap of $4 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.59% for BKCG.
Holdings Overlap
44.7% of BAFE's money is in holdings BKCG also owns. 56.7% of BKCG's money is in holdings BAFE also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 42 positions we hold weights for in BAFE and 28 in BKCG, against full books of 90 and 30.
What only one of them owns
Our book lists 16 positions for BKCG that do not appear in our book for BAFE (39.2% of the fund), and 27 for BAFE that do not appear in BKCG (45.9%).
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 BAFE | Weight in BKCG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.84% | 10.84% | 7.00% |
| MSFTMicrosoft Corp | 6.49% | 6.81% | 0.32% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.75% | 5.05% | 2.70% |
| AMZNAmazon.Com Inc | 4.42% | 7.19% | 2.77% |
| GOOGAlphabet Inc. C | 3.54% | 7.06% | 3.52% |
| METAMeta Platforms Inc | 4.60% | 4.37% | 0.23% |
| MAMastercard Inc | 3.73% | 3.77% | 0.04% |
| VVisa Inc Class A | 4.22% | 3.17% | 1.05% |
| AAPLApple, Inc | 1.90% | 5.38% | 3.48% |
| UNHUnitedhealth Group Incorporated | 2.82% | 1.85% | 0.97% |
56.7% of BKCG 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, BAFE or BKCG?
BAFE has an expense ratio of 0.54% while BKCG charges 0.50%. BKCG is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, BAFE or BKCG?
Over the past year BAFE returned +12.65% vs +12.91% for BKCG, so BKCG leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +15.82% vs +18.29% for BKCG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or BKCG?
BKCG has been the more volatile fund at 12.6% annualized versus 12.2% for BAFE. Worst drawdown: BAFE -12.7% vs BKCG -12.1%.
Should I hold both BAFE and BKCG?
BAFE and BKCG have a monthly-return correlation of 0.86, 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 BAFE and BKCG?
56.7% of BKCG's money is in holdings BAFE also owns. 56.7% of BKCG's is in holdings BAFE also owns. They hold 11 positions in common, counted across the 42 positions we hold weights for in BAFE and 28 in BKCG.
Which pays a higher dividend, BAFE or BKCG?
BAFE yields 0.27% while BKCG yields 0.59%, so BKCG currently pays the higher dividend yield.
Is BKCG better than BAFE?
BKCG has a lower expense ratio. BKCG led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 57.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.