BAFE vs XDIV
Brown Advisory Flexible Equity ETF vs Roundhill S&P 500 No Dividend Target ETF
Which is better, BAFE or XDIV?
XDIV has been ahead.
XDIV has a lower expense ratio. XDIV led over 1Y and the full window.
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 | XDIV |
|---|---|---|
| Expense Ratio | 0.54% | 0.08%Best |
| AUM | $1.8B | $92M |
| Dividend Yield | 0.27% | 0.00% |
| Holdings | 90 | 4 |
| YTD Return | +9.97% | +13.66%Best |
| 1Y Return | +12.65% | +17.52%Best |
| Volatility (annualized) | 12.3% | 11.5%Best |
| Max Drawdown | -12.7% | -9.2%Best |
| $10,000 over 1.3 years | $11,438 | $12,553Best |
| Fund Family | Brown Advisory | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Jul 10, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 10, 2025 to Oct 14, 2026 (1.3 years).
BAFE vs XDIV 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 1.3 years both funds cover.
BAFE vs XDIV Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Roundhill S&P 500 No Dividend Target ETF (XDIV) is an ETF from Roundhill Investments. Over the past year BAFE returned +12.65% while XDIV returned +17.52%. Year to date, BAFE is up 9.97% versus a gain of 13.66% for XDIV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.5% for XDIV. 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 -9.2% for XDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while XDIV charges 0.08%. On a $10,000 position that is $54 vs $8 annually, a gap of $46 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.00% for XDIV.
Holdings Overlap
We hold position weights for 42 holdings in BAFE and 1 in XDIV, totalling 98.4% and 99.9% 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 1 in XDIV, against full books of 90 and 4.
You are not choosing between two funds in isolation.
Whichever of BAFE and XDIV 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 XDIV?
BAFE has an expense ratio of 0.54% while XDIV charges 0.08%. XDIV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, BAFE or XDIV?
Over the past year BAFE returned +12.65% vs +17.52% for XDIV, so XDIV leads on 1-year performance. Over the longest common window we track (1 years), BAFE annualized +10.89% vs +19.11% for XDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or XDIV?
BAFE has been the more volatile fund at 12.3% annualized versus 11.5% for XDIV. Worst drawdown: BAFE -12.7% vs XDIV -9.2%.
Should I hold both BAFE and XDIV?
BAFE and XDIV have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BAFE or XDIV?
BAFE yields 0.27% while XDIV yields 0.00%, so BAFE currently pays the higher dividend yield.
Is XDIV better than BAFE?
XDIV has a lower expense ratio. XDIV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.