BAFMX vs. BIAUX

Last updated Apr 2, 2026

Compare and contrast key facts about Brown Advisory Mid-Cap Growth Fund (BAFMX) and Brown Advisory Small-Cap Fundamental Value Fund (BIAUX).

BAFMX is managed by Brown Advisory Funds. It was launched on Jul 2, 2018. BIAUX is managed by Brown Advisory Funds. It was launched on Dec 31, 2008.

Performance

BAFMX vs. BIAUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Mid-Cap Growth Fund (BAFMX) and Brown Advisory Small-Cap Fundamental Value Fund (BIAUX). The values are adjusted to include any dividend payments, if applicable.

BAFMX vs. BIAUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BAFMX Brown Advisory Mid-Cap Growth Fund	-8.93%	3.70%	15.29%	23.21%	-28.12%	6.32%	32.56%	38.63%	-8.59%
BIAUX Brown Advisory Small-Cap Fundamental Value Fund	3.47%	5.71%	11.73%	16.16%	-8.74%	31.11%	-5.69%	29.85%	-11.40%

Returns By Period

In the year-to-date period, BAFMX achieves a -8.93% return, which is significantly lower than BIAUX's 3.47% return.

BAFMX

• 1D: 3.00%
• 1M: -5.02%
• YTD: -8.93%
• 6M: -13.55%
• 1Y: 1.40%
• 3Y*: 7.92%
• 5Y*: 0.12%
• 10Y*: —

BIAUX

• 1D: 1.70%
• 1M: -3.69%
• YTD: 3.47%
• 6M: 4.10%
• 1Y: 15.94%
• 3Y*: 12.71%
• 5Y*: 7.06%
• 10Y*: 9.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAFMX vs. BIAUX - Expense Ratio Comparison

BAFMX has a 0.79% expense ratio, which is lower than BIAUX's 1.10% expense ratio.

BIAUX

Brown Advisory Small-Cap Fundamental Value Fund

BAFMX

Brown Advisory Mid-Cap Growth Fund

Return for Risk

BAFMX vs. BIAUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAFMX

BAFMX Risk / Return Rank: 6
BAFMX Sharpe Ratio Rank: 5
BAFMX Sortino Ratio Rank: 6
BAFMX Omega Ratio Rank: 6
BAFMX Calmar Ratio Rank: 7
BAFMX Martin Ratio Rank: 7

BIAUX

BIAUX Risk / Return Rank: 32
BIAUX Sharpe Ratio Rank: 29
BIAUX Sortino Ratio Rank: 32
BIAUX Omega Ratio Rank: 27
BIAUX Calmar Ratio Rank: 39
BIAUX Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAFMX vs. BIAUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Mid-Cap Growth Fund (BAFMX) and Brown Advisory Small-Cap Fundamental Value Fund (BIAUX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BAFMX	BIAUX	Difference
Sharpe ratio Return per unit of total volatility	0.09	0.77	-0.68
Sortino ratio Return per unit of downside risk	0.29	1.23	-0.94
Omega ratio Gain probability vs. loss probability	1.04	1.16	-0.12
Calmar ratio Return relative to maximum drawdown	0.12	1.19	-1.07
Martin ratio Return relative to average drawdown	0.33	4.33	-4.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAFMX vs. BIAUX - Sharpe Ratio Comparison

The current BAFMX Sharpe Ratio is 0.09, which is lower than the BIAUX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of BAFMX and BIAUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BAFMX	BIAUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	0.77	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.36	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.57	-0.23

Correlation

The correlation between BAFMX and BIAUX is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BAFMX vs. BIAUX - Dividend Comparison

BAFMX's dividend yield for the trailing twelve months is around 80.17%, more than BIAUX's 13.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAFMX Brown Advisory Mid-Cap Growth Fund	80.17%	73.01%	0.00%	0.00%	6.85%	9.92%	0.00%	0.52%	1.14%	0.00%	0.00%	0.00%
BIAUX Brown Advisory Small-Cap Fundamental Value Fund	13.03%	13.49%	16.54%	5.94%	6.16%	0.48%	0.47%	9.38%	14.31%	4.11%	0.34%	2.41%

Drawdowns

BAFMX vs. BIAUX - Drawdown Comparison

The maximum BAFMX drawdown since its inception was -38.26%, smaller than the maximum BIAUX drawdown of -45.55%. Use the drawdown chart below to compare losses from any high point for BAFMX and BIAUX.

Drawdown Indicators

	BAFMX	BIAUX	Difference
Max Drawdown Largest peak-to-trough decline	-38.26%	-45.55%	+7.29%
Max Drawdown (1Y) Largest decline over 1 year	-17.09%	-14.10%	-2.99%
Max Drawdown (5Y) Largest decline over 5 years	-38.14%	-25.16%	-12.98%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.55%	—
Current Drawdown Current decline from peak	-14.61%	-5.61%	-9.00%
Average Drawdown Average peak-to-trough decline	-11.71%	-6.24%	-5.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	3.87%	+2.16%

Volatility

BAFMX vs. BIAUX - Volatility Comparison

Brown Advisory Mid-Cap Growth Fund (BAFMX) has a higher volatility of 5.76% compared to Brown Advisory Small-Cap Fundamental Value Fund (BIAUX) at 5.24%. This indicates that BAFMX's price experiences larger fluctuations and is considered to be riskier than BIAUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAFMX	BIAUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	5.24%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	11.86%	12.37%	-0.51%
Volatility (1Y) Calculated over the trailing 1-year period	21.34%	21.68%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.56%	19.84%	+0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.52%	21.54%	+0.98%