BASV vs DIVL
Brown Advisory Sustainable Value ETF vs Madison Dividend Value ETF
Which is better, BASV or DIVL?
Each has led over a different period.
DIVL has a lower expense ratio. BASV led over the full window, DIVL over 1Y. BASV is less concentrated, with 34.7% of the fund in its ten largest positions against 41.2%.
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 | BASV | DIVL |
|---|---|---|
| Expense Ratio | 0.71% | 0.65%Best |
| AUM | $413M | $61M |
| Dividend Yield | 0.38% | 1.83% |
| Holdings | 42 | 40 |
| YTD Return | +7.52% | +10.65%Best |
| 1Y Return | +11.61% | +12.67%Best |
| 3Y Return (annualized) | - | +12.06% |
| Volatility (annualized) | 10.7%Best | 11.6% |
| Max Drawdown | -9.4% | -6.9%Best |
| $10,000 over 1.3 years | $11,949Best | $11,707 |
| Top 10 Weight | 34.7%Best | 41.2% |
| Fund Family | Brown Advisory | Madison Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 13, 2025 | Aug 14, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 16, 2025 to Oct 14, 2026 (1.3 years).
BASV vs DIVL 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.
BASV vs DIVL Performance
Brown Advisory Sustainable Value ETF (BASV) is an ETF from Brown Advisory and Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds. Over the past year BASV returned +11.61% while DIVL returned +12.67%. Year to date, BASV is up 7.52% versus a gain of 10.65% for DIVL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVL has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 10.7% for BASV. 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 -9.4% for BASV and -6.9% for DIVL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BASV charges 0.71% per year while DIVL charges 0.65%. On a $10,000 position that is $71 vs $65 annually, a gap of $6 per year that compounds over a long holding period. On income, BASV currently yields 0.38% against 1.83% for DIVL.
Holdings Overlap
8.5% of BASV's money is in holdings DIVL also owns. 8.6% of DIVL's money is in holdings BASV also owns.
DIVL and BASV share little of their money.
4 positions in common, counted across the 41 positions we hold weights for in BASV and 37 in DIVL, against full books of 42 and 40.
What only one of them owns
Our book lists 32 positions for DIVL that do not appear in our book for BASV (90.1% of the fund), and 32 for BASV that do not appear in DIVL (74.5%).
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.
You are not choosing between two funds in isolation.
Whichever of BASV and DIVL 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, BASV or DIVL?
BASV has an expense ratio of 0.71% while DIVL charges 0.65%. DIVL is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, BASV or DIVL?
Over the past year BASV returned +11.61% vs +12.67% for DIVL, so DIVL leads on 1-year performance. Over the longest common window we track (1 years), BASV annualized +14.68% vs +12.89% for DIVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BASV or DIVL?
DIVL has been the more volatile fund at 11.6% annualized versus 10.7% for BASV. Worst drawdown: BASV -9.4% vs DIVL -6.9%.
Should I hold both BASV and DIVL?
BASV and DIVL have a monthly-return correlation of 0.54, 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 BASV and DIVL?
8.6% of DIVL's money is in holdings BASV also owns. 8.6% of DIVL's is in holdings BASV also owns. They hold 4 positions in common, counted across the 41 positions we hold weights for in BASV and 37 in DIVL.
Which pays a higher dividend, BASV or DIVL?
BASV yields 0.38% while DIVL yields 1.83%, so DIVL currently pays the higher dividend yield.
Is DIVL better than BASV?
DIVL has a lower expense ratio. BASV led over the full window, DIVL over 1Y. BASV is less concentrated, with 34.7% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.