BAMD vs. VMAX

Last updated Jun 23, 2026

BAMD (Brookstone Dividend Stock ETF) and VMAX (Hartford US Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, BAMD returned 11.67% vs 30.65% for VMAX. A 0.70 correlation means they provide meaningful diversification when combined. BAMD charges 0.95%/yr vs 0.29%/yr for VMAX.

Performance

BAMD vs. VMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Dividend Stock ETF (BAMD) and Hartford US Value ETF (VMAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMD achieves a 10.29% return, which is significantly lower than VMAX's 15.53% return.

BAMD

• 1D: 0.43%
• 1M: 0.63%
• YTD: 10.29%
• 6M: 10.07%
• 1Y: 11.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VMAX

• 1D: 0.74%
• 1M: 3.13%
• YTD: 15.53%
• 6M: 14.57%
• 1Y: 30.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAMD vs. VMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	10.29%	-1.33%	19.76%	3.59%
VMAX Hartford US Value ETF	15.53%	15.65%	15.89%	5.71%

Correlation

The correlation between BAMD and VMAX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023	0.70

The correlation between BAMD and VMAX has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.

BAMD vs. VMAX - Sectors Allocation Comparison

Sectors	BAMD	VMAX
Financial Services	26.4%	32.4%
Energy	14.8%	11.0%
Technology	14.6%	13.3%
Consumer Defensive	12.6%	3.7%
Utilities	12.3%	5.3%
Industrials	4.4%	5.5%
Healthcare	4.2%	11.1%
Communication Services	4.0%	6.6%
Consumer Cyclical	3.7%	3.7%
Basic Materials	2.7%	2.8%
Real Estate	0.5%	4.4%

Return for Risk

BAMD vs. VMAX — Risk / Return Rank

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

BAMD

BAMD Risk / Return Rank: 31
BAMD Sharpe Ratio Rank: 31
BAMD Sortino Ratio Rank: 31
BAMD Omega Ratio Rank: 28
BAMD Calmar Ratio Rank: 35
BAMD Martin Ratio Rank: 32

VMAX

VMAX Risk / Return Rank: 85
VMAX Sharpe Ratio Rank: 82
VMAX Sortino Ratio Rank: 80
VMAX Omega Ratio Rank: 77
VMAX Calmar Ratio Rank: 93
VMAX Martin Ratio Rank: 92

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.

BAMD vs. VMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Dividend Stock ETF (BAMD) and Hartford US Value ETF (VMAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BAMD	VMAX	Difference
Sharpe ratio: Return per unit of total volatility	1.08	2.50	-1.42
Sortino ratio: Return per unit of downside risk	1.61	3.39	-1.78
Omega ratio: Gain probability vs. loss probability	1.19	1.44	-0.25
Calmar ratio: Return relative to maximum drawdown	1.68	6.24	-4.57
Martin ratio: Return relative to average drawdown	4.43	21.91	-17.48

BAMD vs. VMAX - Sharpe Ratio Comparison

The current BAMD Sharpe Ratio is 1.08, which is lower than the VMAX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of BAMD and VMAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BAMD vs. VMAX - Drawdown Comparison

The maximum BAMD drawdown since its inception was -15.91%, smaller than the maximum VMAX drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for BAMD and VMAX.

Drawdown Indicators

	BAMD	VMAX	Difference
Max Drawdown Largest peak-to-trough decline	-15.91%	-19.05%	+3.14%
Max Drawdown (1Y) Largest decline over 1 year	-6.99%	-4.93%	-2.06%
Current Drawdown Current decline from peak	-1.03%	-0.31%	-0.72%
Average Drawdown Average peak-to-trough decline	-4.22%	-2.53%	-1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.40%	+1.24%

Volatility

BAMD vs. VMAX - Volatility Comparison

Brookstone Dividend Stock ETF (BAMD) and Hartford US Value ETF (VMAX) have volatilities of 3.28% and 3.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMD	VMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	3.17%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.14%	8.83%	-1.69%
Volatility (1Y) Calculated over the trailing 1-year period	10.89%	12.34%	-1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.32%	15.42%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.32%	15.42%	-2.10%

BAMD vs. VMAX - Expense Ratio Comparison

BAMD has a 0.95% expense ratio, which is higher than VMAX's 0.29% expense ratio.

Dividends

BAMD vs. VMAX - Dividend Comparison

BAMD's dividend yield for the trailing twelve months is around 3.49%, more than VMAX's 1.85% yield.

Position	TTM	2025	2024	2023
BAMD Brookstone Dividend Stock ETF	3.49%	3.86%	4.21%	0.70%
VMAX Hartford US Value ETF	1.85%	2.14%	1.95%	0.00%

Frequently Asked Questions

Can I hold both BAMD and VMAX in my portfolio?

BAMD and VMAX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMD or VMAX?

BAMD has higher volatility (3.28%) compared to VMAX (3.17%). In terms of maximum drawdown, BAMD dropped -15.91% vs VMAX's -19.05%.

Which ETF is better, BAMD or VMAX?

On 1-year performance, VMAX leads with 30.65% vs 11.67% for BAMD. On fees, VMAX is cheaper at 0.29% per year. On volatility, VMAX has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMD or VMAX?

Over the 1-year period, VMAX has performed better with a 30.65% return vs 11.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMD or VMAX?

VMAX is cheaper with a 0.29% expense ratio, compared with 0.95% for BAMD.

Which ETF pays a higher dividend yield, BAMD or VMAX?

BAMD has the higher dividend yield at 3.49%, compared with 1.85% for VMAX.

What is the main difference between BAMD and VMAX?

They also come from different issuers: Brookstone and Hartford. Their fees differ too: 0.95% for BAMD and 0.29% for VMAX.

Which has better risk-adjusted returns?

VMAX currently has the higher Sharpe Ratio (2.50 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.