BCIIX vs. URTH

Last updated Aug 4, 2026

BCIIX (Brown Capital Management International Equity Fund) and URTH (iShares MSCI World ETF) are both funds - BCIIX is a Foreign Large Cap Equities fund managed by Brown Capital Management, while URTH is a Global Equities fund tracking the MSCI World Index (Net). Their 0.62 correlation means they have sometimes moved together and sometimes differently. BCIIX charges 1.25%/yr vs 0.24%/yr for URTH.

Performance

BCIIX vs. URTH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Capital Management International Equity Fund (BCIIX) and iShares MSCI World ETF (URTH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCIIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

URTH

• 1D: 1.22%
• 1M: 1.58%
• 6M: 8.69%
• YTD: 11.55%
• 1Y: 23.64%
• 3Y*: 19.83%
• 5Y*: 11.46%
• 10Y*: 13.05%
• ALL TIME*: 12.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
URTH iShares MSCI World ETF	$88.61M	$87.13M	$139.76M

BCIIX vs. URTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCIIX Brown Capital Management International Equity Fund	-13.18%	-0.24%	-0.83%	28.36%	-31.37%	7.46%	24.49%	21.59%	-11.98%	23.62%
URTH iShares MSCI World ETF	11.55%	21.36%	18.66%	23.95%	-17.97%	22.27%	15.78%	28.15%	-8.56%	22.95%

Correlation

The correlation between BCIIX and URTH is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Jan 12, 2012	0.62

The correlation between BCIIX and URTH shifts across timeframes, from 0.62 (all time) to 0.75 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

BCIIX vs. URTH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BCIIX

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

URTH

URTH Risk / Return Rank: 78
URTH Sharpe Ratio Rank: 78
URTH Sortino Ratio Rank: 78
URTH Omega Ratio Rank: 77
URTH Calmar Ratio Rank: 74
URTH Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BCIIX vs. URTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Capital Management International Equity Fund (BCIIX) and iShares MSCI World ETF (URTH). 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.

	BCIIX	URTH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.82	—
Sortino ratio: Return per unit of downside risk	—	2.54	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.62	—
Martin ratio: Return relative to average drawdown	—	11.33	—

Drawdowns

Drawdown Indicators

	BCIIX	URTH	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.01%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.01%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-4.34%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.09%	—

Volatility

Volatility by Period

	BCIIX	URTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	13.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.31%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.20%	—

BCIIX vs. URTH - Expense Ratio Comparison

BCIIX has a 1.25% expense ratio, which is higher than URTH's 0.24% expense ratio.

Dividends

BCIIX vs. URTH - Dividend Comparison

BCIIX has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCIIX Brown Capital Management International Equity Fund	0.00%	0.00%	0.00%	0.00%	1.18%	0.64%	2.99%	0.62%	0.80%	0.77%	1.84%	0.31%
URTH iShares MSCI World ETF	1.38%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%

Frequently Asked Questions

Can I hold both BCIIX and URTH in my portfolio?

BCIIX and URTH have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.