BAFE vs IVVM
Brown Advisory Flexible Equity ETF vs iShares Large Cap Moderate Quarterly Laddered ETF
Which is better, BAFE or IVVM?
Each has led over a different period.
IVVM has a lower expense ratio. BAFE led over 1Y, IVVM over the full window. The two have moved almost in lockstep, correlation 0.90.
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 | IVVM |
|---|---|---|
| Expense Ratio | 0.54% | 0.50%Best |
| AUM | $1.8B | $190M |
| Dividend Yield | 0.27% | 0.57% |
| Holdings | 90 | 13 |
| YTD Return | +9.97%Best | +9.19% |
| 1Y Return | +12.65%Best | +11.61% |
| 3Y Return (annualized) | - | +14.42% |
| Volatility (annualized) | 13.2% | 6.3%Best |
| Max Drawdown | -18.4% | -11.6%Best |
| $10,000 over 1.9 years | $12,035 | $12,363Best |
| Fund Family | Brown Advisory | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Jun 28, 2023 |
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 IVVM 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 IVVM Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) is an ETF from iShares by BlackRock (US). Over the past year BAFE returned +12.65% while IVVM returned +11.61%. Year to date, BAFE is up 9.97% versus a gain of 9.19% for IVVM.
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 6.3% for IVVM. 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 -11.6% for IVVM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BAFE charges 0.54% per year while IVVM 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 0.57% for IVVM.
Holdings Overlap
We hold position weights for 42 holdings in BAFE and 2 in IVVM, totalling 98.4% and 99.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 42 positions we hold weights for in BAFE and 2 in IVVM, against full books of 90 and 13.
You are not choosing between two funds in isolation.
Whichever of BAFE and IVVM 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 IVVM?
BAFE has an expense ratio of 0.54% while IVVM charges 0.50%. IVVM is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, BAFE or IVVM?
Over the past year BAFE returned +12.65% vs +11.61% for IVVM, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +11.81% for IVVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or IVVM?
BAFE has been the more volatile fund at 13.2% annualized versus 6.3% for IVVM. Worst drawdown: BAFE -18.4% vs IVVM -11.6%.
Should I hold both BAFE and IVVM?
BAFE and IVVM have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BAFE or IVVM?
BAFE yields 0.27% while IVVM yields 0.57%, so IVVM currently pays the higher dividend yield.
Is IVVM better than BAFE?
IVVM has a lower expense ratio. BAFE led over 1Y, IVVM over the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.