BME vs TCV
BlackRock Health Sciences Trust vs Towle Small-Cap Value ETF
Which is better, BME or TCV?
Each has led over a different period.
TCV has a lower expense ratio. BME led over the full window, TCV over 1Y. TCV is less concentrated, with 27.7% of the fund in its ten largest positions against 51.5%.
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 | BME | TCV |
|---|---|---|
| Expense Ratio | 1.14% | 0.85%Best |
| AUM | $591M | $202M |
| Dividend Yield | 6.87% | 0.59% |
| Holdings | 156 | 105 |
| YTD Return | +13.85% | +23.99%Best |
| 1Y Return | +26.79% | +27.95%Best |
| 3Y Return (annualized) | +12.27% | - |
| 5Y Return (annualized) | +5.83% | - |
| Volatility (annualized) | 14.7%Best | 16.4% |
| Max Drawdown | -11.0%Best | -12.2% |
| $10,000 over 1.2 years | $13,385Best | $12,949 |
| Top 10 Weight | 51.5% | 27.7%Best |
| Fund Family | BlackRock, Inc. (US) | Towle |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 31, 2005 | Jul 16, 2025 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 17, 2025 to Oct 14, 2026 (1.2 years).
BME vs TCV 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 1.2 years both funds cover.
BME vs TCV Performance
BlackRock Health Sciences Trust (BME) is an ETF from BlackRock, Inc. (US) and Towle Small-Cap Value ETF (TCV) is an ETF from Towle. Over the past year BME returned +26.79% while TCV returned +27.95%. Year to date, BME is up 13.85% versus a gain of 23.99% for TCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TCV has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.7% for BME. 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 -11.0% for BME and -12.2% for TCV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BME charges 1.14% per year while TCV charges 0.85%. On a $10,000 position that is $114 vs $85 annually, a gap of $29 per year that compounds over a long holding period. On income, BME currently yields 6.87% against 0.59% for TCV.
Holdings Overlap
We hold position weights for 133 holdings in BME and 51 in TCV, totalling 95.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 93 days apart, BME as of Jun 30, 2026 and TCV as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 133 positions we hold weights for in BME and 51 in TCV, against full books of 156 and 105.
What only one of them owns
Our book lists 49 positions for TCV that do not appear in our book for BME (96.2% of the fund), and 113 for BME that do not appear in TCV (89.9%).
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 BME and TCV 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, BME or TCV?
BME has an expense ratio of 1.14% while TCV charges 0.85%. TCV is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, BME or TCV?
Over the past year BME returned +26.79% vs +27.95% for TCV, so TCV leads on 1-year performance. Over the longest common window we track (1 years), BME annualized +27.50% vs +24.03% for TCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BME or TCV?
TCV has been the more volatile fund at 16.4% annualized versus 14.7% for BME. Worst drawdown: BME -11.0% vs TCV -12.2%.
Should I hold both BME and TCV?
BME and TCV have a monthly-return correlation of 0.48, 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, BME or TCV?
BME yields 6.87% while TCV yields 0.59%, so BME currently pays the higher dividend yield.
Is TCV better than BME?
TCV has a lower expense ratio. BME led over the full window, TCV over 1Y. TCV is less concentrated, with 27.7% of the fund in its ten largest positions against 51.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.