BAFE vs CGCV
Brown Advisory Flexible Equity ETF vs Capital Group Conservative Equity ETF
Which is better, BAFE or CGCV?
Each has led over a different period.
CGCV has a lower expense ratio. BAFE led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 45.4%.
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 | CGCV |
|---|---|---|
| Expense Ratio | 0.54% | 0.33%Best |
| AUM | $1.8B | $2.1B |
| Dividend Yield | 0.27% | 1.59% |
| Holdings | 90 | 146 |
| YTD Return | +9.97%Best | +8.70% |
| 1Y Return | +12.65%Best | +11.37% |
| Volatility (annualized) | 13.2% | 10.2%Best |
| Max Drawdown | -18.4% | -13.1%Best |
| $10,000 over 1.9 years | $12,035 | $12,485Best |
| Top 10 Weight | 45.4% | 33.0%Best |
| Fund Family | Brown Advisory | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Jun 25, 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: Nov 18, 2024 to Oct 14, 2026 (1.9 years).
BAFE vs CGCV 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 CGCV Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Capital Group Conservative Equity ETF (CGCV) is an ETF from Capital Group (US). Over the past year BAFE returned +12.65% while CGCV returned +11.37%. Year to date, BAFE is up 9.97% versus a gain of 8.70% for CGCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 10.2% for CGCV. 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 -13.1% for CGCV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while CGCV charges 0.33%. On a $10,000 position that is $54 vs $33 annually, a gap of $21 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 1.59% for CGCV.
Holdings Overlap
45.3% of BAFE's money is in holdings CGCV also owns. 26.8% of CGCV's money is in holdings BAFE also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 42 positions we hold weights for in BAFE and 73 in CGCV, against full books of 90 and 146.
What only one of them owns
Our book lists 56 positions for CGCV that do not appear in our book for BAFE (70.0% of the fund), and 24 for BAFE that do not appear in CGCV (45.3%).
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 BAFE | Weight in CGCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.49% | 6.20% | 0.29% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.75% | 2.11% | 5.64% |
| METAMeta Platforms Inc | 4.60% | 2.72% | 1.88% |
| NVDANvidia Corp | 3.84% | 2.16% | 1.68% |
| GOOGLAlphabet Inc | 3.72% | 1.91% | 1.81% |
| AAPLApple, Inc | 1.90% | 3.07% | 1.17% |
| MAMastercard Inc | 3.73% | 0.88% | 2.85% |
| UNHUnitedhealth Group, Inc. | 2.82% | 0.88% | 1.94% |
| GEGeneral Electric Co. | 1.47% | 1.93% | 0.46% |
| MDLZMondelez International Inc Com A Npv | 1.36% | 2.01% | 0.65% |
45.3% of BAFE is already inside CGCV.
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 CGCV?
BAFE has an expense ratio of 0.54% while CGCV charges 0.33%. CGCV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, BAFE or CGCV?
Over the past year BAFE returned +12.65% vs +11.37% for CGCV, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +12.39% for CGCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or CGCV?
BAFE has been the more volatile fund at 13.2% annualized versus 10.2% for CGCV. Worst drawdown: BAFE -18.4% vs CGCV -13.1%.
Should I hold both BAFE and CGCV?
BAFE and CGCV have a monthly-return correlation of 0.81, 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 CGCV?
45.3% of BAFE's money is in holdings CGCV also owns. 26.8% of CGCV's is in holdings BAFE also owns. They hold 14 positions in common, counted across the 42 positions we hold weights for in BAFE and 73 in CGCV.
Which pays a higher dividend, BAFE or CGCV?
BAFE yields 0.27% while CGCV yields 1.59%, so CGCV currently pays the higher dividend yield.
Is CGCV better than BAFE?
CGCV has a lower expense ratio. BAFE led over 1Y, CGCV over the full window. CGCV is less concentrated, with 33.0% of the fund in its ten largest positions against 45.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.