BIAEX vs. VWITX
Compare and contrast key facts about Brown Advisory Tax Exempt Bond Fund (BIAEX) and Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX).
BIAEX is managed by Brown Advisory Funds. It was launched on Jun 28, 2012. VWITX is managed by Vanguard. It was launched on Sep 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIAEX or VWITX.
Correlation
The correlation between BIAEX and VWITX is 0.85, 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.
Performance
BIAEX vs. VWITX - Performance Comparison
Key characteristics
BIAEX:
1.18
VWITX:
0.91
BIAEX:
1.70
VWITX:
1.28
BIAEX:
1.25
VWITX:
1.19
BIAEX:
0.79
VWITX:
0.72
BIAEX:
4.05
VWITX:
2.72
BIAEX:
0.89%
VWITX:
0.95%
BIAEX:
3.06%
VWITX:
2.84%
BIAEX:
-13.22%
VWITX:
-11.56%
BIAEX:
-0.72%
VWITX:
-0.90%
Returns By Period
In the year-to-date period, BIAEX achieves a 0.65% return, which is significantly higher than VWITX's 0.44% return. Both investments have delivered pretty close results over the past 10 years, with BIAEX having a 2.30% annualized return and VWITX not far behind at 2.19%.
BIAEX
0.65%
0.75%
1.12%
3.60%
0.82%
2.30%
VWITX
0.44%
0.59%
0.63%
2.59%
0.97%
2.19%
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BIAEX vs. VWITX - Expense Ratio Comparison
BIAEX has a 0.46% expense ratio, which is higher than VWITX's 0.17% expense ratio.
Risk-Adjusted Performance
BIAEX vs. VWITX — Risk-Adjusted Performance Rank
BIAEX
VWITX
BIAEX vs. VWITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Tax Exempt Bond Fund (BIAEX) and Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX). 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.
Dividends
BIAEX vs. VWITX - Dividend Comparison
BIAEX's dividend yield for the trailing twelve months is around 3.97%, more than VWITX's 2.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIAEX Brown Advisory Tax Exempt Bond Fund | 3.97% | 4.00% | 3.81% | 3.01% | 2.54% | 2.54% | 3.01% | 3.27% | 3.08% | 2.81% | 2.00% | 1.95% |
VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 2.77% | 3.01% | 2.71% | 2.43% | 2.08% | 2.32% | 2.61% | 2.81% | 2.73% | 2.81% | 2.89% | 3.05% |
Drawdowns
BIAEX vs. VWITX - Drawdown Comparison
The maximum BIAEX drawdown since its inception was -13.22%, which is greater than VWITX's maximum drawdown of -11.56%. Use the drawdown chart below to compare losses from any high point for BIAEX and VWITX. For additional features, visit the drawdowns tool.
Volatility
BIAEX vs. VWITX - Volatility Comparison
Brown Advisory Tax Exempt Bond Fund (BIAEX) has a higher volatility of 0.91% compared to Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) at 0.80%. This indicates that BIAEX's price experiences larger fluctuations and is considered to be riskier than VWITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.