BBHM vs. BBHL

Last updated Apr 2, 2026

Compare and contrast key facts about BBH Select Mid Cap ETF (BBHM) and BBH Select Large Cap ETF (BBHL).

BBHM and BBHL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBHM is a passively managed fund by BBH that tracks the performance of the Actively Managed. It was launched on May 24, 2021. BBHL is a passively managed fund by BBH that tracks the performance of the Actively Managed. It was launched on Sep 9, 2019. Both BBHM and BBHL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

BBHM vs. BBHL - Yearly Performance Comparison

	2026 (YTD)	2025
BBHM BBH Select Mid Cap ETF	-1.59%	2.74%
BBHL BBH Select Large Cap ETF	-6.51%	2.72%

Returns By Period

In the year-to-date period, BBHM achieves a -1.59% return, which is significantly higher than BBHL's -6.51% return.

BBHM

• 1D: 0.73%
• 1M: -6.26%
• YTD: -1.59%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBHL

• 1D: 0.33%
• 1M: -5.22%
• YTD: -6.51%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBHM vs. BBHL - Expense Ratio Comparison

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

BBHM

BBH Select Mid Cap ETF

BBHL

BBH Select Large Cap ETF

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	0.17	-0.81	+0.98

Correlation

The correlation between BBHM and BBHL is 0.82, 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.

Dividends

BBHM vs. BBHL - Dividend Comparison

Neither BBHM nor BBHL has paid dividends to shareholders.

Tickers have no history of dividend payments

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	-6.49%	-9.41%	+2.92%
Average Drawdown Average peak-to-trough decline	-2.38%	-3.42%	+1.04%

Volatility

Volatility by Period

	BBHM	BBHL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.60%	13.04%	+5.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.60%	13.04%	+5.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	13.04%	+5.56%