BAFE vs TOAO
Brown Advisory Flexible Equity ETF vs Twin Oak Active Opportunities III ETF
Which is better, BAFE or TOAO?
BAFE costs less.
BAFE has a lower expense ratio.
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 | TOAO |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.95% |
| AUM | $1.8B | $452M |
| Dividend Yield | 0.27% | 0.00% |
| Holdings | 90 | 49 |
| YTD Return | +9.97%Best | +8.07% |
| 1Y Return | +12.65% | - |
| Fund Family | Brown Advisory | Twin Oak |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Apr 24, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
BAFE vs TOAO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BAFE vs TOAO Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Twin Oak Active Opportunities III ETF (TOAO) is an ETF from Twin Oak. Year to date, BAFE is up 9.97% versus a gain of 8.07% for TOAO.
Past performance does not guarantee future results.
Fees and Cost Over Time
BAFE charges 0.54% per year while TOAO charges 0.95%. On a $10,000 position that is $54 vs $95 annually, a gap of $41 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.00% for TOAO.
Holdings Overlap
At least 41.1% of BAFE's money is in holdings TOAO also owns.
Only one direction is shown: for TOAO, our book for it lists positions totalling 109.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
10 positions in common, counted across the 42 positions we hold weights for in BAFE and 28 in TOAO, against full books of 90 and 49.
Top Shared Holdings
| Stock | Weight in BAFE | Weight in TOAO | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.75% | 4.44% | 3.31% |
| MSFTMicrosoft Corp | 6.49% | 5.66% | 0.83% |
| AMZNAmazon.Com Inc | 4.42% | 7.15% | 2.73% |
| NVDANvidia Corp | 3.84% | 6.55% | 2.71% |
| METAMeta Platforms Inc | 4.60% | 4.26% | 0.34% |
| GOOGAlphabet Inc. C | 3.54% | 4.80% | 1.26% |
| VVisa Inc Class A | 4.22% | 2.72% | 1.50% |
| SCHWSchwab Strategic T | 2.09% | 3.50% | 1.41% |
| UNHUnitedhealth Group Incorporated | 2.82% | 1.17% | 1.65% |
| SPGIS&p Global Inc. | 1.35% | 1.89% | 0.54% |
41.1% of BAFE is already inside TOAO.
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 TOAO?
BAFE has an expense ratio of 0.54% while TOAO charges 0.95%. BAFE is the cheaper option, by $41 a year on a $10,000 investment.
What is the holdings overlap between BAFE and TOAO?
At least 41.1% of BAFE's money is in holdings TOAO also owns. Our book for TOAO is partial, so the real figure is this or higher. They hold 10 positions in common, counted across the 42 positions we hold weights for in BAFE and 28 in TOAO.
Which pays a higher dividend, BAFE or TOAO?
BAFE yields 0.27% while TOAO yields 0.00%, so BAFE currently pays the higher dividend yield.
Is TOAO better than BAFE?
BAFE has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.