BAFWX vs. SPY
Compare and contrast key facts about Brown Advisory Sustainable Growth Fund Institutional Shares (BAFWX) and SPDR S&P 500 ETF (SPY).
BAFWX is managed by Brown Advisory Funds. It was launched on Jun 29, 2012. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAFWX or SPY.
Correlation
The correlation between BAFWX and SPY is 0.90, 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.
Performance
BAFWX vs. SPY - Performance Comparison
Key characteristics
BAFWX:
1.19
SPY:
1.99
BAFWX:
1.69
SPY:
2.66
BAFWX:
1.22
SPY:
1.37
BAFWX:
1.78
SPY:
2.97
BAFWX:
7.78
SPY:
13.06
BAFWX:
2.62%
SPY:
1.91%
BAFWX:
17.11%
SPY:
12.59%
BAFWX:
-37.99%
SPY:
-55.19%
BAFWX:
-4.36%
SPY:
-2.90%
Returns By Period
Over the past 10 years, BAFWX has outperformed SPY with an annualized return of 14.81%, while SPY has yielded a comparatively lower 13.08% annualized return.
BAFWX
0.00%
-1.51%
4.95%
20.35%
15.28%
14.81%
SPY
25.34%
-2.05%
8.56%
25.34%
14.57%
13.08%
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BAFWX vs. SPY - Expense Ratio Comparison
BAFWX has a 0.64% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BAFWX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Growth Fund Institutional Shares (BAFWX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BAFWX vs. SPY - Dividend Comparison
BAFWX's dividend yield for the trailing twelve months is around 5.23%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BAFWX Brown Advisory Sustainable Growth Fund Institutional Shares | 5.23% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BAFWX vs. SPY - Drawdown Comparison
The maximum BAFWX drawdown since its inception was -37.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BAFWX and SPY. For additional features, visit the drawdowns tool.
Volatility
BAFWX vs. SPY - Volatility Comparison
Brown Advisory Sustainable Growth Fund Institutional Shares (BAFWX) has a higher volatility of 5.64% compared to SPDR S&P 500 ETF (SPY) at 4.16%. This indicates that BAFWX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.