BBHM vs. BBHL

Last updated Jun 4, 2026

BBHM (BBH Select Mid Cap ETF) and BBHL (BBH Select Large Cap ETF) are both exchange-traded funds - BBHM is a Mid Cap Growth Equities fund tracking the Actively Managed, while BBHL is a Large Cap Growth Equities fund tracking the Actively Managed. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. BBHM charges 0.81%/yr vs 0.71%/yr for BBHL.

Performance

BBHM vs. BBHL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BBH Select Mid Cap ETF (BBHM) and BBH Select Large Cap ETF (BBHL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBHM achieves a 1.78% return, which is significantly lower than BBHL's 5.40% return.

BBHM

• 1D: -0.35%
• 1M: -1.65%
• YTD: 1.78%
• 6M: -0.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBHL

• 1D: -0.38%
• 1M: 3.91%
• YTD: 5.40%
• 6M: 5.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBHM vs. BBHL - Yearly Performance Comparison

	2026 (YTD)	2025
BBHM BBH Select Mid Cap ETF	1.78%	2.74%
BBHL BBH Select Large Cap ETF	5.40%	2.72%

Correlation

The correlation between BBHM and BBHL 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 Nov 18, 2025	0.75

Return for Risk

BBHM vs. BBHL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BBH Select Mid Cap ETF (BBHM) and BBH Select Large Cap ETF (BBHL). 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

	BBHM	BBHL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.26	-0.76

Drawdowns

BBHM vs. BBHL - Drawdown Comparison

The maximum BBHM drawdown since its inception was -9.78%, smaller than the maximum BBHL drawdown of -11.99%. Use the drawdown chart below to compare losses from any high point for BBHM and BBHL.

Drawdown Indicators

	BBHM	BBHL	Difference
Max Drawdown Largest peak-to-trough decline	-9.78%	-11.99%	+2.21%
Current Drawdown Current decline from peak	-5.28%	-0.53%	-4.75%
Average Drawdown Average peak-to-trough decline	-2.71%	-3.01%	+0.30%

Volatility

Volatility by Period

	BBHM	BBHL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	12.70%	+4.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	12.70%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	12.70%	+4.76%

BBHM vs. BBHL - Expense Ratio Comparison

BBHM has a 0.81% expense ratio, which is higher than BBHL's 0.71% expense ratio.

Dividends

BBHM vs. BBHL - Dividend Comparison

Neither BBHM nor BBHL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BBHM and BBHL in my portfolio?

BBHM and BBHL 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, BBHM or BBHL?

On fees, BBHL is cheaper at 0.71% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBHM or BBHL?

BBHL is cheaper with a 0.71% expense ratio, compared with 0.81% for BBHM.

Which ETF pays a higher dividend yield, BBHM or BBHL?

BBHM and BBHL have nearly identical dividend yields, around 0.00%.

What is the main difference between BBHM and BBHL?

BBHM is categorized as Mid Cap Growth Equities, while BBHL is Large Cap Growth Equities. Both ETFs track Actively Managed. Their fees differ too: 0.81% for BBHM and 0.71% for BBHL.