BASV vs. PRF

Last updated Jun 23, 2026

BASV (Brown Advisory Sustainable Value ETF) and PRF (Invesco RAFI US 1000 ETF) are both Large Cap Value Equities funds. Over the past year, BASV returned 21.38% vs 32.54% for PRF. Their correlation of 0.87 suggests significant overlap in exposure. BASV charges 0.71%/yr vs 0.34%/yr for PRF.

Performance

BASV vs. PRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Sustainable Value ETF (BASV) and Invesco RAFI US 1000 ETF (PRF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BASV achieves a 9.41% return, which is significantly lower than PRF's 15.07% return.

BASV

• 1D: 0.37%
• 1M: 4.71%
• YTD: 9.41%
• 6M: 8.51%
• 1Y: 21.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRF

• 1D: -0.15%
• 1M: 1.07%
• YTD: 15.07%
• 6M: 14.51%
• 1Y: 32.54%
• 3Y*: 21.07%
• 5Y*: 13.06%
• 10Y*: 14.01%

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

BASV vs. PRF - Yearly Performance Comparison

	2026 (YTD)	2025
BASV Brown Advisory Sustainable Value ETF	9.41%	10.32%
PRF Invesco RAFI US 1000 ETF	15.07%	15.35%

Correlation

The correlation between BASV and PRF is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.87

The correlation between BASV and PRF has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

Return for Risk

BASV vs. PRF — Risk / Return Rank

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

BASV

BASV Risk / Return Rank: 47
BASV Sharpe Ratio Rank: 46
BASV Sortino Ratio Rank: 46
BASV Omega Ratio Rank: 45
BASV Calmar Ratio Rank: 47
BASV Martin Ratio Rank: 49

PRF

PRF Risk / Return Rank: 90
PRF Sharpe Ratio Rank: 91
PRF Sortino Ratio Rank: 91
PRF Omega Ratio Rank: 89
PRF Calmar Ratio Rank: 88
PRF Martin Ratio Rank: 91

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.

BASV vs. PRF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Value ETF (BASV) and Invesco RAFI US 1000 ETF (PRF). 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.

	BASV	PRF	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.98	-1.43
Sortino ratio: Return per unit of downside risk	2.24	4.10	-1.86
Omega ratio: Gain probability vs. loss probability	1.28	1.54	-0.26
Calmar ratio: Return relative to maximum drawdown	2.28	4.96	-2.68
Martin ratio: Return relative to average drawdown	8.06	20.23	-12.17

BASV vs. PRF - Sharpe Ratio Comparison

The current BASV Sharpe Ratio is 1.55, which is lower than the PRF Sharpe Ratio of 2.98. The chart below compares the historical Sharpe Ratios of BASV and PRF, 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

BASV vs. PRF - Drawdown Comparison

The maximum BASV drawdown since its inception was -9.43%, smaller than the maximum PRF drawdown of -60.35%. Use the drawdown chart below to compare losses from any high point for BASV and PRF.

Drawdown Indicators

	BASV	PRF	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-60.35%	+50.92%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	-6.59%	-2.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.72%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.16%	—
Current Drawdown Current decline from peak	-0.61%	-1.18%	+0.57%
Average Drawdown Average peak-to-trough decline	-1.67%	-6.91%	+5.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	1.61%	+1.05%

Volatility

BASV vs. PRF - Volatility Comparison

Brown Advisory Sustainable Value ETF (BASV) has a higher volatility of 4.35% compared to Invesco RAFI US 1000 ETF (PRF) at 3.66%. This indicates that BASV's price experiences larger fluctuations and is considered to be riskier than PRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BASV	PRF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	3.66%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	11.01%	8.22%	+2.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	10.99%	+2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.78%	15.20%	-1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.78%	17.69%	-3.91%

BASV vs. PRF - Expense Ratio Comparison

BASV has a 0.71% expense ratio, which is higher than PRF's 0.34% expense ratio.

Dividends

BASV vs. PRF - Dividend Comparison

BASV's dividend yield for the trailing twelve months is around 0.38%, less than PRF's 1.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BASV Brown Advisory Sustainable Value ETF	0.38%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PRF Invesco RAFI US 1000 ETF	1.38%	1.59%	1.78%	1.84%	2.01%	1.58%	1.97%	1.99%	2.25%	1.58%	2.17%	2.25%

Frequently Asked Questions

Can I hold both BASV and PRF in my portfolio?

BASV and PRF have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BASV or PRF?

BASV has higher volatility (4.35%) compared to PRF (3.66%). In terms of maximum drawdown, BASV dropped -9.43% vs PRF's -60.35%.

Which ETF is better, BASV or PRF?

On 1-year performance, PRF leads with 32.54% vs 21.38% for BASV. On fees, PRF is cheaper at 0.34% per year. On volatility, PRF has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BASV or PRF?

Over the 1-year period, PRF has performed better with a 32.54% return vs 21.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BASV or PRF?

PRF is cheaper with a 0.34% expense ratio, compared with 0.71% for BASV.

Which ETF pays a higher dividend yield, BASV or PRF?

PRF has the higher dividend yield at 1.38%, compared with 0.38% for BASV.

What is the main difference between BASV and PRF?

They also come from different issuers: Brown Advisory and Invesco. Their fees differ too: 0.71% for BASV and 0.34% for PRF.

Which has better risk-adjusted returns?

PRF currently has the higher Sharpe Ratio (2.98 vs 1.55), 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.