BAFE vs HUSV
Brown Advisory Flexible Equity ETF vs First Trust Horizon Managed Volatility Domestic ETF
Which is better, BAFE or HUSV?
BAFE has been ahead.
BAFE has a lower expense ratio. BAFE led over 1Y and the full window. HUSV is less concentrated, with 22.7% 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 | HUSV |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.70% |
| AUM | $1.8B | $54M |
| Dividend Yield | 0.27% | 1.52% |
| Holdings | 90 | 202 |
| YTD Return | +9.97%Best | +5.79% |
| 1Y Return | +12.65%Best | +3.42% |
| 3Y Return (annualized) | - | +9.84% |
| 5Y Return (annualized) | - | +5.65% |
| Volatility (annualized) | 13.2% | 10.5%Best |
| Max Drawdown | -18.4% | -9.3%Best |
| $10,000 over 1.9 years | $12,035Best | $10,728 |
| Top 10 Weight | 45.4% | 22.7%Best |
| Fund Family | Brown Advisory | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Aug 24, 2016 |
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 HUSV 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 HUSV Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US). Over the past year BAFE returned +12.65% while HUSV returned +3.42%. Year to date, BAFE is up 9.97% versus a gain of 5.79% for HUSV.
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 10.5% for HUSV. 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 -9.3% for HUSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BAFE charges 0.54% per year while HUSV charges 0.70%. On a $10,000 position that is $54 vs $70 annually, a gap of $16 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 1.52% for HUSV.
Holdings Overlap
19.9% of BAFE's money is in holdings HUSV also owns. 13.1% of HUSV's money is in holdings BAFE also owns.
BAFE and HUSV share little of their money.
9 positions in common, counted across the 42 positions we hold weights for in BAFE and 101 in HUSV, against full books of 90 and 202.
What only one of them owns
Our book lists 90 positions for HUSV that do not appear in our book for BAFE (85.3% of the fund), and 28 for BAFE that do not appear in HUSV (62.9%).
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 HUSV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.84% | 1.94% | 1.90% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.11% | 2.56% | 0.55% |
| VVisa Inc Class A | 4.22% | 0.84% | 3.38% |
| AAPLApple, Inc | 1.90% | 2.27% | 0.37% |
| ADIAnalog Devices, Inc. | 1.99% | 1.94% | 0.05% |
| ADSKAutodesk, Inc. | 0.94% | 1.50% | 0.56% |
| TJXTjx Cos., Inc. | 1.18% | 0.94% | 0.24% |
| EWEdwards Lifesciences Corp | 1.73% | 0.37% | 1.36% |
| BACBank of America Corp.: Financials | 1.01% | 0.72% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of BAFE and HUSV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAFE or HUSV?
BAFE has an expense ratio of 0.54% while HUSV charges 0.70%. BAFE is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, BAFE or HUSV?
Over the past year BAFE returned +12.65% vs +3.42% for HUSV, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +3.77% for HUSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or HUSV?
BAFE has been the more volatile fund at 13.2% annualized versus 10.5% for HUSV. Worst drawdown: BAFE -18.4% vs HUSV -9.3%.
Should I hold both BAFE and HUSV?
BAFE and HUSV have a monthly-return correlation of 0.43, 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 HUSV?
19.9% of BAFE's money is in holdings HUSV also owns. 13.1% of HUSV's is in holdings BAFE also owns. They hold 9 positions in common, counted across the 42 positions we hold weights for in BAFE and 101 in HUSV.
Which pays a higher dividend, BAFE or HUSV?
BAFE yields 0.27% while HUSV yields 1.52%, so HUSV currently pays the higher dividend yield.
Is HUSV better than BAFE?
BAFE has a lower expense ratio. BAFE led over 1Y and the full window. HUSV is less concentrated, with 22.7% 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.