BAFE vs PTL
Brown Advisory Flexible Equity ETF vs Inspire 500 ETF
Which is better, BAFE or PTL?
Each has led over a different period.
PTL has a lower expense ratio. BAFE led over 1Y, PTL over the full window. PTL is less concentrated, with 28.0% 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 | PTL |
|---|---|---|
| Expense Ratio | 0.54% | 0.09%Best |
| AUM | $1.8B | $892M |
| Dividend Yield | 0.27% | 0.94% |
| Holdings | 90 | 941 |
| YTD Return | +9.97%Best | +9.62% |
| 1Y Return | +12.65%Best | +10.17% |
| Volatility (annualized) | 13.2%Best | 13.7% |
| Max Drawdown | -18.4%Best | -19.7% |
| $10,000 over 1.9 years | $12,035 | $12,729Best |
| Top 10 Weight | 45.4% | 28.0%Best |
| Fund Family | Brown Advisory | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Mar 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 PTL 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 PTL Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Inspire 500 ETF (PTL) is an ETF from Inspire ETFs. Over the past year BAFE returned +12.65% while PTL returned +10.17%. Year to date, BAFE is up 9.97% versus a gain of 9.62% for PTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTL has been the more volatile fund, with annualized monthly volatility of 13.7% 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 -19.7% for PTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while PTL charges 0.09%. On a $10,000 position that is $54 vs $9 annually, a gap of $45 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.94% for PTL.
Holdings Overlap
17.3% of BAFE's money is in holdings PTL also owns. 6.9% of PTL's money is in holdings BAFE also owns.
BAFE and PTL share little of their money.
11 positions in common, counted across the 42 positions we hold weights for in BAFE and 501 in PTL, against full books of 90 and 941.
What only one of them owns
Our book lists 484 positions for PTL that do not appear in our book for BAFE (92.3% of the fund), and 26 for BAFE that do not appear in PTL (65.5%).
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 PTL | Difference |
|---|---|---|---|
| KLACKla-tencor | 2.28% | 1.49% | 0.79% |
| GEGeneral Electric Co. | 1.47% | 1.95% | 0.48% |
| URIUnited Rentals Inc. | 2.75% | 0.38% | 2.37% |
| MRVLMarvell Technology Inc | 1.85% | 1.17% | 0.68% |
| EWEdwards Lifesciences Corp | 1.73% | 0.28% | 1.45% |
| WSOWatsco Inc | 1.88% | 0.07% | 1.81% |
| PGRProgressive Corporation | 1.14% | 0.72% | 0.42% |
| MDLZMondelez International Inc Com A Npv | 1.36% | 0.45% | 0.91% |
| ALGNAlign Technology Inc. | 1.16% | 0.06% | 1.10% |
| TYLTyler Technologies Inc | 1.11% | 0.08% | 1.03% |
You are not choosing between two funds in isolation.
Whichever of BAFE and PTL 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 PTL?
BAFE has an expense ratio of 0.54% while PTL charges 0.09%. PTL is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, BAFE or PTL?
Over the past year BAFE returned +12.65% vs +10.17% for PTL, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +13.54% for PTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or PTL?
PTL has been the more volatile fund at 13.7% annualized versus 13.2% for BAFE. Worst drawdown: BAFE -18.4% vs PTL -19.7%.
Should I hold both BAFE and PTL?
BAFE and PTL have a monthly-return correlation of 0.84, 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 PTL?
17.3% of BAFE's money is in holdings PTL also owns. 6.9% of PTL's is in holdings BAFE also owns. They hold 11 positions in common, counted across the 42 positions we hold weights for in BAFE and 501 in PTL.
Which pays a higher dividend, BAFE or PTL?
BAFE yields 0.27% while PTL yields 0.94%, so PTL currently pays the higher dividend yield.
Is PTL better than BAFE?
PTL has a lower expense ratio. BAFE led over 1Y, PTL over the full window. PTL is less concentrated, with 28.0% 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.