BBNIX vs. HOBIX

Last updated Apr 2, 2026

Compare and contrast key facts about BBH Income Fund (BBNIX) and Holbrook Income Fund Class I (HOBIX).

BBNIX is managed by BBH. It was launched on Jun 27, 2018. HOBIX is an actively managed fund by Holbrook Holdings. It was launched on Jul 6, 2016.

Performance

BBNIX vs. HOBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BBH Income Fund (BBNIX) and Holbrook Income Fund Class I (HOBIX). The values are adjusted to include any dividend payments, if applicable.

BBNIX vs. HOBIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BBNIX BBH Income Fund	-0.33%	7.86%	3.87%	9.07%	-14.89%	1.36%	11.24%	6.59%	0.00%
HOBIX Holbrook Income Fund Class I	0.82%	7.67%	7.66%	5.65%	-2.91%	6.13%	7.45%	7.70%	-0.65%

Returns By Period

In the year-to-date period, BBNIX achieves a -0.33% return, which is significantly lower than HOBIX's 0.82% return.

BBNIX

• 1D: 0.23%
• 1M: -1.66%
• YTD: -0.33%
• 6M: 0.41%
• 1Y: 4.18%
• 3Y*: 5.50%
• 5Y*: 1.34%
• 10Y*: —

HOBIX

• 1D: 0.00%
• 1M: -0.10%
• YTD: 0.82%
• 6M: 2.01%
• 1Y: 6.29%
• 3Y*: 7.01%
• 5Y*: 4.22%
• 10Y*: —

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

BBNIX vs. HOBIX - Expense Ratio Comparison

BBNIX has a 0.47% expense ratio, which is lower than HOBIX's 1.05% expense ratio.

HOBIX

Holbrook Income Fund Class I

BBNIX

BBH Income Fund

Return for Risk

BBNIX vs. HOBIX — Risk / Return Rank

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

BBNIX

BBNIX Risk / Return Rank: 47
BBNIX Sharpe Ratio Rank: 49
BBNIX Sortino Ratio Rank: 50
BBNIX Omega Ratio Rank: 36
BBNIX Calmar Ratio Rank: 60
BBNIX Martin Ratio Rank: 42

HOBIX

HOBIX Risk / Return Rank: 99
HOBIX Sharpe Ratio Rank: 98
HOBIX Sortino Ratio Rank: 99
HOBIX Omega Ratio Rank: 100
HOBIX Calmar Ratio Rank: 99
HOBIX Martin Ratio Rank: 99

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.

BBNIX vs. HOBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BBH Income Fund (BBNIX) and Holbrook Income Fund Class I (HOBIX). 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.

	BBNIX	HOBIX	Difference
Sharpe ratio Return per unit of total volatility	1.02	3.05	-2.04
Sortino ratio Return per unit of downside risk	1.50	8.69	-7.19
Omega ratio Gain probability vs. loss probability	1.19	3.67	-2.48
Calmar ratio Return relative to maximum drawdown	1.56	8.16	-6.60
Martin ratio Return relative to average drawdown	4.74	30.37	-25.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBNIX vs. HOBIX - Sharpe Ratio Comparison

The current BBNIX Sharpe Ratio is 1.02, which is lower than the HOBIX Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of BBNIX and HOBIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBNIX	HOBIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	3.05	-2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	1.61	-1.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.83	-0.26

Correlation

The correlation between BBNIX and HOBIX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BBNIX vs. HOBIX - Dividend Comparison

BBNIX's dividend yield for the trailing twelve months is around 4.80%, less than HOBIX's 5.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBNIX BBH Income Fund	4.80%	5.28%	5.76%	5.23%	2.93%	2.87%	7.07%	4.60%	0.00%	0.00%
HOBIX Holbrook Income Fund Class I	5.99%	6.45%	7.04%	6.35%	5.31%	3.97%	6.30%	3.51%	4.32%	2.12%

Drawdowns

BBNIX vs. HOBIX - Drawdown Comparison

The maximum BBNIX drawdown since its inception was -18.96%, smaller than the maximum HOBIX drawdown of -23.52%. Use the drawdown chart below to compare losses from any high point for BBNIX and HOBIX.

Drawdown Indicators

	BBNIX	HOBIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.96%	-23.52%	+4.56%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	-0.72%	-2.18%
Max Drawdown (5Y) Largest decline over 5 years	-18.96%	-4.16%	-14.80%
Current Drawdown Current decline from peak	-2.20%	-0.20%	-2.00%
Average Drawdown Average peak-to-trough decline	-4.39%	-0.99%	-3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	0.22%	+0.74%

Volatility

BBNIX vs. HOBIX - Volatility Comparison

BBH Income Fund (BBNIX) has a higher volatility of 1.42% compared to Holbrook Income Fund Class I (HOBIX) at 0.23%. This indicates that BBNIX's price experiences larger fluctuations and is considered to be riskier than HOBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBNIX	HOBIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	0.23%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	2.70%	1.57%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	4.49%	2.08%	+2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.63%	2.63%	+3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.09%	5.78%	-0.69%