BASG vs. NACP

Last updated Jun 4, 2026

BASG (Brown Advisory Sustainable Growth ETF) and NACP (Impact Shares NAACP Minority Empowerment ETF) are both Large Cap Growth Equities funds. A 0.75 correlation means they provide meaningful diversification when combined. BASG charges 0.61%/yr vs 0.49%/yr for NACP.

Performance

BASG vs. NACP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Sustainable Growth ETF (BASG) and Impact Shares NAACP Minority Empowerment ETF (NACP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BASG achieves a 4.35% return, which is significantly lower than NACP's 22.18% return.

BASG

• 1D: -1.72%
• 1M: 7.15%
• YTD: 4.35%
• 6M: 3.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NACP

• 1D: -0.13%
• 1M: 9.92%
• YTD: 22.18%
• 6M: 20.98%
• 1Y: 43.81%
• 3Y*: 27.18%
• 5Y*: 15.98%
• 10Y*: —

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

BASG vs. NACP - Yearly Performance Comparison

	2026 (YTD)	2025
BASG Brown Advisory Sustainable Growth ETF	4.35%	2.10%
NACP Impact Shares NAACP Minority Empowerment ETF	22.18%	15.85%

Correlation

The correlation between BASG and NACP is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.75

Return for Risk

BASG vs. NACP — Risk / Return Rank

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

NACP

NACP Risk / Return Rank: 88
NACP Sharpe Ratio Rank: 90
NACP Sortino Ratio Rank: 89
NACP Omega Ratio Rank: 86
NACP Calmar Ratio Rank: 84
NACP Martin Ratio Rank: 89

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.

BASG vs. NACP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Growth ETF (BASG) and Impact Shares NAACP Minority Empowerment ETF (NACP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BASG	NACP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.93	-0.52

Drawdowns

BASG vs. NACP - Drawdown Comparison

The maximum BASG drawdown since its inception was -19.30%, smaller than the maximum NACP drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for BASG and NACP.

Drawdown Indicators

	BASG	NACP	Difference
Max Drawdown Largest peak-to-trough decline	-19.30%	-30.96%	+11.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.89%	—
Current Drawdown Current decline from peak	-1.98%	-0.13%	-1.85%
Average Drawdown Average peak-to-trough decline	-5.84%	-5.75%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.19%	—

Volatility

Volatility by Period

	BASG	NACP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	14.02%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	17.47%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	18.70%	-2.05%

BASG vs. NACP - Expense Ratio Comparison

BASG has a 0.61% expense ratio, which is higher than NACP's 0.49% expense ratio.

Dividends

BASG vs. NACP - Dividend Comparison

BASG has not paid dividends to shareholders, while NACP's dividend yield for the trailing twelve months is around 0.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BASG Brown Advisory Sustainable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NACP Impact Shares NAACP Minority Empowerment ETF	0.55%	0.62%	2.96%	1.28%	3.48%	3.06%	1.48%	1.22%	0.71%

Frequently Asked Questions

Can I hold both BASG and NACP in my portfolio?

BASG and NACP have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BASG or NACP?

On fees, NACP is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BASG or NACP?

NACP is cheaper with a 0.49% expense ratio, compared with 0.61% for BASG.

Which ETF pays a higher dividend yield, BASG or NACP?

NACP has the higher dividend yield at 0.55%, compared with 0.00% for BASG.

What is the main difference between BASG and NACP?

They also come from different issuers: Brown Advisory and Impact Shares. Their fees differ too: 0.61% for BASG and 0.49% for NACP.