BBHM vs HWAY
BBH Select Mid Cap ETF vs Themes US Infrastructure ETF
Which is better, BBHM or HWAY?
HWAY has been ahead.
HWAY has a lower expense ratio. HWAY led over 1Y. HWAY is less concentrated, with 42.8% of the fund in its ten largest positions against 44.9%.
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 | BBHM | HWAY |
|---|---|---|
| Expense Ratio | 0.81% | 0.29%Best |
| AUM | $381M | $4M |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 60 | 197 |
| Top 10 Weight | 44.9% | 42.8%Best |
| Fund Family | Brown Brothers Harriman | Themes ETFs |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Nov 17, 2025 | Sep 11, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 78 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BBHM has data through Oct 14, 2026 and HWAY through Jul 28, 2026.
Fees and Cost Over Time
BBHM charges 0.81% per year while HWAY charges 0.29%. On a $10,000 position that is $81 vs $29 annually, a gap of $52 per year that compounds over a long holding period. On income, BBHM currently yields 0.00% against 1.05% for HWAY.
Holdings Overlap
7.3% of BBHM's money is in holdings HWAY also owns. 2.4% of HWAY's money is in holdings BBHM also owns.
BBHM and HWAY share little of their money.
The two holdings books were reported 65 days apart, BBHM as of Sep 30, 2026 and HWAY as of Jul 27, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 29 positions we hold weights for in BBHM and 99 in HWAY, against full books of 60 and 197.
What only one of them owns
Our book lists 95 positions for HWAY that do not appear in our book for BBHM (92.8% of the fund), and 26 for BBHM that do not appear in HWAY (88.1%).
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 BBHM and HWAY 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, BBHM or HWAY?
BBHM has an expense ratio of 0.81% while HWAY charges 0.29%. HWAY is the cheaper option, by $52 a year on a $10,000 investment.
What is the holdings overlap between BBHM and HWAY?
7.3% of BBHM's money is in holdings HWAY also owns. 2.4% of HWAY's is in holdings BBHM also owns. They hold 2 positions in common, counted across the 29 positions we hold weights for in BBHM and 99 in HWAY.
Which pays a higher dividend, BBHM or HWAY?
BBHM yields 0.00% while HWAY yields 1.05%, so HWAY currently pays the higher dividend yield.
Is HWAY better than BBHM?
HWAY has a lower expense ratio. HWAY led over 1Y. HWAY is less concentrated, with 42.8% of the fund in its ten largest positions against 44.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.