BAFE vs XLSR
Brown Advisory Flexible Equity ETF vs State Street US Sector Rotation ETF
Which is better, BAFE or XLSR?
XLSR has been ahead.
BAFE has a lower expense ratio. XLSR led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 85.3%.
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 | XLSR |
|---|---|---|
| Expense Ratio | 0.54%Best | 0.70% |
| AUM | $1.8B | $1.1B |
| Dividend Yield | 0.27% | 0.45% |
| Holdings | 90 | 26 |
| YTD Return | +9.97%Best | +7.62% |
| 1Y Return | +12.65% | +12.95%Best |
| 3Y Return (annualized) | - | +17.39% |
| 5Y Return (annualized) | - | +9.72% |
| Volatility (annualized) | 13.2% | 12.7%Best |
| Max Drawdown | -18.4%Best | -20.6% |
| $10,000 over 1.9 years | $12,035 | $12,595Best |
| Top 10 Weight | 45.4%Best | 85.3% |
| Fund Family | Brown Advisory | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Apr 2, 2019 |
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 XLSR 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 XLSR Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and State Street US Sector Rotation ETF (XLSR) is an ETF from State Street Investment Management. Over the past year BAFE returned +12.65% while XLSR returned +12.95%. Year to date, BAFE is up 9.97% versus a gain of 7.62% for XLSR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 12.7% for XLSR. 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 -20.6% for XLSR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while XLSR charges 0.70%. On a $10,000 position that is $54 vs $70 annually, a gap of $16 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.45% for XLSR.
Holdings Overlap
28.5% of BAFE's money is in holdings XLSR also owns. 24.7% of XLSR's money is in holdings BAFE also owns.
BAFE and XLSR share little of their money.
7 positions in common, counted across the 42 positions we hold weights for in BAFE and 25 in XLSR, against full books of 90 and 26.
What only one of them owns
Measured across the 42 and 25 positions we hold weights for.
BAFE holds 30 positions XLSR does not, 54.3% of the fund.
Largest: V 4.22%, MA 3.73%, BRK.B 3.11%, KKR 2.89%, UNH 2.82%
28.5% of BAFE is already inside XLSR.
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 XLSR?
BAFE has an expense ratio of 0.54% while XLSR charges 0.70%. BAFE is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, BAFE or XLSR?
Over the past year BAFE returned +12.65% vs +12.95% for XLSR, so XLSR leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +12.91% for XLSR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or XLSR?
BAFE has been the more volatile fund at 13.2% annualized versus 12.7% for XLSR. Worst drawdown: BAFE -18.4% vs XLSR -20.6%.
Should I hold both BAFE and XLSR?
BAFE and XLSR have a monthly-return correlation of 0.86, 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 XLSR?
28.5% of BAFE's money is in holdings XLSR also owns. 24.7% of XLSR's is in holdings BAFE also owns. They hold 7 positions in common, counted across the 42 positions we hold weights for in BAFE and 25 in XLSR.
Which pays a higher dividend, BAFE or XLSR?
BAFE yields 0.27% while XLSR yields 0.45%, so XLSR currently pays the higher dividend yield.
Is XLSR better than BAFE?
BAFE has a lower expense ratio. XLSR led over 1Y and the full window. BAFE is less concentrated, with 45.4% of the fund in its ten largest positions against 85.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.