BAFE vs LDRX
Brown Advisory Flexible Equity ETF vs SGI Enhanced Market Leaders ETF
Which is better, BAFE or LDRX?
LDRX has been ahead.
BAFE has a lower expense ratio. LDRX led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 55.2%.
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 | LDRX |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.59% |
| AUM | $1.8B | $261M |
| Dividend Yield | 0.27% | 0.97% |
| Holdings | 90 | 104 |
| YTD Return | +9.97% | +13.27%Best |
| 1Y Return | +12.65% | +16.78%Best |
| Volatility (annualized) | 12.0%Best | 13.6% |
| Max Drawdown | -12.7% | -10.6%Best |
| $10,000 over 1.4 years | $12,335 | $13,893Best |
| Top 10 Weight | 45.4%Best | 55.2% |
| Fund Family | Brown Advisory | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | May 5, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 5, 2025 to Oct 14, 2026 (1.4 years).
BAFE vs LDRX 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 1.4 years both funds cover.
BAFE vs LDRX Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and SGI Enhanced Market Leaders ETF (LDRX) is an ETF from Summit Global Investments. Over the past year BAFE returned +12.65% while LDRX returned +16.78%. Year to date, BAFE is up 9.97% versus a gain of 13.27% for LDRX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDRX has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.0% 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 -12.7% for BAFE and -10.6% for LDRX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while LDRX charges 0.59%. On a $10,000 position that is $54 vs $59 annually, a gap of $5 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.97% for LDRX.
Holdings Overlap
50.7% of BAFE's money is in holdings LDRX also owns. 52.6% of LDRX's money is in holdings BAFE also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 42 positions we hold weights for in BAFE and 100 in LDRX, against full books of 90 and 104.
What only one of them owns
Measured across the 42 and 100 positions we hold weights for.
BAFE holds 20 positions LDRX does not, 32.2% of the fund.
Largest: GOOG 3.54%, KKR 2.89%, URI 2.75%, KLAC 2.28%, ADI 1.99%
Top Shared Holdings
| Stock | Weight in BAFE | Weight in LDRX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.84% | 11.55% | 7.71% |
| MSFTMicrosoft Corp | 6.49% | 7.76% | 1.27% |
| AAPLApple, Inc | 1.90% | 9.87% | 7.97% |
| GOOGLAlphabet Inc | 3.72% | 7.61% | 3.89% |
| AMZNAmazon.Com Inc | 4.42% | 5.13% | 0.71% |
| METAMeta Platforms Inc | 4.60% | 3.28% | 1.32% |
| VVisa Inc Class A | 4.22% | 1.23% | 2.99% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.11% | 1.86% | 1.25% |
| MAMastercard Inc | 3.73% | 0.92% | 2.81% |
| UNHUnitedhealth Group, Inc. | 2.82% | 0.70% | 2.12% |
52.6% of LDRX 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 LDRX?
BAFE has an expense ratio of 0.54% while LDRX charges 0.59%. BAFE is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, BAFE or LDRX?
Over the past year BAFE returned +12.65% vs +16.78% for LDRX, so LDRX leads on 1-year performance. Over the longest common window we track (1 years), BAFE annualized +16.17% vs +26.47% for LDRX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or LDRX?
LDRX has been the more volatile fund at 13.6% annualized versus 12.0% for BAFE. Worst drawdown: BAFE -12.7% vs LDRX -10.6%.
Should I hold both BAFE and LDRX?
BAFE and LDRX have a monthly-return correlation of 0.80, 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 LDRX?
52.6% of LDRX's money is in holdings BAFE also owns. 52.6% of LDRX's is in holdings BAFE also owns. They hold 17 positions in common, counted across the 42 positions we hold weights for in BAFE and 100 in LDRX.
Which pays a higher dividend, BAFE or LDRX?
BAFE yields 0.27% while LDRX yields 0.97%, so LDRX currently pays the higher dividend yield.
Is LDRX better than BAFE?
BAFE has a lower expense ratio. LDRX led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.