BAFE vs RJMG
Brown Advisory Flexible Equity ETF vs FT Raymond James Multicap Growth Equity ETF
Which is better, BAFE or RJMG?
RJMG has been ahead.
BAFE has a lower expense ratio. RJMG led over 1Y and the full window. RJMG is less concentrated, with 29.2% 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 | RJMG |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.85% |
| AUM | $1.8B | $11M |
| Dividend Yield | 0.27% | 0.00% |
| Holdings | 90 | 41 |
| Volatility (annualized) | 11.8%Best | 15.9% |
| Max Drawdown | -18.4%Best | -25.4% |
| $10,000 over 1.1 years | $11,199 | $11,528Best |
| Top 10 Weight | 45.4% | 29.2%Best |
| Fund Family | Brown Advisory | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Jan 12, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 279 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BAFE has data through Oct 15, 2026 and RJMG through Jan 9, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Nov 18, 2024 to Jan 9, 2026 (1.1 years).
Risk: Volatility and Drawdowns
RJMG has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 11.8% 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 -25.4% for RJMG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while RJMG charges 0.85%. On a $10,000 position that is $54 vs $85 annually, a gap of $31 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.00% for RJMG.
Holdings Overlap
27.0% of BAFE's money is in holdings RJMG also owns. 18.9% of RJMG's money is in holdings BAFE also owns.
BAFE and RJMG share little of their money.
The two holdings books were reported 335 days apart, BAFE as of Oct 1, 2026 and RJMG as of Oct 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
8 positions in common, counted across the 42 positions we hold weights for in BAFE and 40 in RJMG, against full books of 90 and 41.
What only one of them owns
Our book lists 31 positions for RJMG that do not appear in our book for BAFE (78.6% of the fund), and 29 for BAFE that do not appear in RJMG (55.8%).
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 RJMG | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.49% | 2.44% | 4.05% |
| VVisa Inc Class A | 4.22% | 2.46% | 1.76% |
| METAMeta Platforms Inc | 4.60% | 2.03% | 2.57% |
| GOOGLAlphabet Inc | 3.72% | 2.78% | 0.94% |
| MAMastercard Inc | 3.73% | 2.32% | 1.41% |
| ADIAnalog Devices, Inc. | 1.99% | 2.38% | 0.39% |
| BSXBoston Scientific Corp. | 1.12% | 2.44% | 1.32% |
| PGRProgressive Corporation | 1.14% | 2.10% | 0.96% |
27.0% of BAFE is already inside RJMG.
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 RJMG?
BAFE has an expense ratio of 0.54% while RJMG charges 0.85%. BAFE is the cheaper option, by $31 a year on a $10,000 investment.
Which is riskier, BAFE or RJMG?
RJMG has been the more volatile fund at 15.9% annualized versus 11.8% for BAFE. Worst drawdown: BAFE -18.4% vs RJMG -25.4%.
Should I hold both BAFE and RJMG?
BAFE and RJMG have a monthly-return correlation of 0.88, 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 RJMG?
27.0% of BAFE's money is in holdings RJMG also owns. 18.9% of RJMG's is in holdings BAFE also owns. They hold 8 positions in common, counted across the 42 positions we hold weights for in BAFE and 40 in RJMG.
Which pays a higher dividend, BAFE or RJMG?
BAFE yields 0.27% while RJMG yields 0.00%, so BAFE currently pays the higher dividend yield.
Is RJMG better than BAFE?
BAFE has a lower expense ratio. RJMG led over 1Y and the full window. RJMG is less concentrated, with 29.2% 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.