BAFE vs CEPI
Brown Advisory Flexible Equity ETF vs REX Crypto Equity Premium Income ETF
Which is better, BAFE or CEPI?
Each has led over a different period.
BAFE has a lower expense ratio. BAFE led over 1Y, CEPI over the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 51.7%.
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 | CEPI |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.85% |
| AUM | $1.8B | $125M |
| Dividend Yield | 0.27% | 43.98% |
| Holdings | 90 | 149 |
| YTD Return | +9.97% | +13.66%Best |
| 1Y Return | +12.65%Best | +2.47% |
| Volatility (annualized) | 13.1%Best | 25.9% |
| Max Drawdown | -18.4%Best | -28.9% |
| $10,000 over 1.9 years | $11,646 | $12,185Best |
| Top 10 Weight | 45.4%Best | 51.7% |
| Fund Family | Brown Advisory | REX Shares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Dec 4, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 4, 2024 to Oct 14, 2026 (1.9 years).
BAFE vs CEPI 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 1.9 years both funds cover.
BAFE vs CEPI Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and REX Crypto Equity Premium Income ETF (CEPI) is an ETF from REX Shares. Over the past year BAFE returned +12.65% while CEPI returned +2.47%. Year to date, BAFE is up 9.97% versus a gain of 13.66% for CEPI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEPI has been the more volatile fund, with annualized monthly volatility of 25.9% compared with 13.1% 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 -18.4% for BAFE and -28.9% for CEPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while CEPI charges 0.85%. On a $10,000 position that is $54 vs $85 annually, a gap of $31 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 43.98% for CEPI.
Holdings Overlap
19.5% of BAFE's money is in holdings CEPI also owns. 20.7% of CEPI's money is in holdings BAFE also owns.
CEPI and BAFE share little of their money.
4 positions in common, counted across the 42 positions we hold weights for in BAFE and 26 in CEPI, against full books of 90 and 149.
What only one of them owns
Our book lists 21 positions for CEPI that do not appear in our book for BAFE (76.6% of the fund), and 34 for BAFE that do not appear in CEPI (71.0%).
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.
20.7% of CEPI 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 CEPI?
BAFE has an expense ratio of 0.54% while CEPI charges 0.85%. BAFE is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, BAFE or CEPI?
Over the past year BAFE returned +12.65% vs +2.47% for CEPI, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +8.35% vs +10.96% for CEPI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or CEPI?
CEPI has been the more volatile fund at 25.9% annualized versus 13.1% for BAFE. Worst drawdown: BAFE -18.4% vs CEPI -28.9%.
Should I hold both BAFE and CEPI?
BAFE and CEPI have a monthly-return correlation of 0.71, 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 CEPI?
20.7% of CEPI's money is in holdings BAFE also owns. 20.7% of CEPI's is in holdings BAFE also owns. They hold 4 positions in common, counted across the 42 positions we hold weights for in BAFE and 26 in CEPI.
Which pays a higher dividend, BAFE or CEPI?
BAFE yields 0.27% while CEPI yields 43.98%, so CEPI currently pays the higher dividend yield.
Is CEPI better than BAFE?
BAFE has a lower expense ratio. BAFE led over 1Y, CEPI over the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 51.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.