BAFE vs GDE
Brown Advisory Flexible Equity ETF vs WisdomTree Efficient Gold Plus Equity Strategy Fund
Which is better, BAFE or GDE?
Each has led over a different period.
GDE has a lower expense ratio. BAFE led over 1Y, GDE over the full window.
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 | GDE |
|---|---|---|
| Expense Ratio | 0.54% | 0.20%Best |
| AUM | $1.8B | $462M |
| Dividend Yield | 0.27% | 4.19% |
| Holdings | 90 | 506 |
| YTD Return | +9.97%Best | +2.61% |
| 1Y Return | +12.65%Best | +8.95% |
| 3Y Return (annualized) | - | +43.62% |
| Volatility (annualized) | 13.2%Best | 23.2% |
| Max Drawdown | -18.4%Best | -22.7% |
| $10,000 over 1.9 years | $12,035 | $17,961Best |
| Fund Family | Brown Advisory | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Mar 17, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
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 GDE 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 GDE Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an ETF from WisdomTree Investments. Over the past year BAFE returned +12.65% while GDE returned +8.95%. Year to date, BAFE is up 9.97% versus a gain of 2.61% for GDE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDE has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 13.2% 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 -18.4% for BAFE and -22.7% for GDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BAFE charges 0.54% per year while GDE charges 0.20%. On a $10,000 position that is $54 vs $20 annually, a gap of $34 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 4.19% for GDE.
Holdings Overlap
At least 72.1% of BAFE's money is in holdings GDE also owns.
Stated as a floor: for GDE, our book for it covers 93.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of BAFE is already inside GDE. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 42 positions we hold weights for in BAFE and 492 in GDE, against full books of 90 and 506.
Top Shared Holdings
| Stock | Weight in BAFE | Weight in GDE | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.49% | 5.26% | 1.23% |
| NVDANvidia Corp | 3.84% | 7.39% | 3.55% |
| GOOGLAlphabet Inc | 3.72% | 5.94% | 2.22% |
| AAPLApple, Inc | 1.90% | 7.10% | 5.20% |
| AMZNAmazon.Com Inc | 4.42% | 3.67% | 0.75% |
| METAMeta Platforms Inc | 4.60% | 2.31% | 2.29% |
| VVisa Inc Class A | 4.22% | 1.05% | 3.17% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.11% | 1.56% | 1.55% |
| MAMastercard Inc | 3.73% | 0.75% | 2.98% |
| UNHUnitedhealth Group, Inc. | 2.82% | 0.47% | 2.35% |
72.1% of BAFE is already inside GDE.
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 GDE?
BAFE has an expense ratio of 0.54% while GDE charges 0.20%. GDE is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, BAFE or GDE?
Over the past year BAFE returned +12.65% vs +8.95% for GDE, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +36.10% for GDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or GDE?
GDE has been the more volatile fund at 23.2% annualized versus 13.2% for BAFE. Worst drawdown: BAFE -18.4% vs GDE -22.7%.
Should I hold both BAFE and GDE?
BAFE and GDE have a monthly-return correlation of 0.41, 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 GDE?
At least 72.1% of BAFE's money is in holdings GDE also owns. Our book for GDE is partial, so the real figure is this or higher. They hold 30 positions in common, counted across the 42 positions we hold weights for in BAFE and 492 in GDE.
Which pays a higher dividend, BAFE or GDE?
BAFE yields 0.27% while GDE yields 4.19%, so GDE currently pays the higher dividend yield.
Is GDE better than BAFE?
GDE has a lower expense ratio. BAFE led over 1Y, GDE over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.