PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BIAUX vs. BITEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BIAUX vs. BITEX

Last updated Apr 2, 2026

Compare and contrast key facts about Brown Advisory Small-Cap Fundamental Value Fund (BIAUX) and Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX).

BIAUX is managed by Brown Advisory Funds. It was launched on Dec 31, 2008. BITEX is managed by Brown Advisory Funds. It was launched on Dec 1, 2019.

Performance

BIAUX vs. BITEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Small-Cap Fundamental Value Fund (BIAUX) and Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

BIAUX vs. BITEX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
BIAUX
Brown Advisory Small-Cap Fundamental Value Fund		3.47%5.71%11.73%16.16%-8.74%31.11%-5.69%7.40%
BITEX
Brown Advisory Tax-Exempt Sustainable Bond Fund		-0.44%4.27%2.02%4.35%-9.40%2.21%2.08%0.19%

Returns By Period

In the year-to-date period, BIAUX achieves a 3.47% return, which is significantly higher than BITEX's -0.44% return.

BIAUX

1D
1.70%
1M
-3.69%
YTD
3.47%
6M
4.10%
1Y
15.94%
3Y*
12.71%
5Y*
7.06%
10Y*
9.40%

BITEX

1D
0.22%
1M
-1.95%
YTD
-0.44%
6M
1.12%
1Y
3.68%
3Y*
2.78%
5Y*
0.48%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Brown Advisory Small-Cap Fundamental Value Fund

Brown Advisory Tax-Exempt Sustainable Bond Fund

Often compared with BIAUX:
BIAUX vs. BAFMXBIAUX vs. BIAFXBIAUX vs. BIASXBIAUX vs. BIAWXBIAUX vs. BIAGXBIAUX vs. BIAHXBIAUX vs. BAFWX
Often compared with BITEX:
BITEX vs. BTC-USDBITEX vs. BAFMXBITEX vs. BIAZXBITEX vs. BVALXBITEX vs. BIAGXBITEX vs. BIAFXBITEX vs. BIASX

BIAUX vs. BITEX - Expense Ratio Comparison

BIAUX has a 1.10% expense ratio, which is higher than BITEX's 0.49% expense ratio.

BIAUX
Brown Advisory Small-Cap Fundamental Value Fund
BITEX
Brown Advisory Tax-Exempt Sustainable Bond Fund

Return for Risk

BIAUX vs. BITEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIAUX
BIAUX Risk / Return Rank: 3232
Overall Rank
BIAUX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
BIAUX Sortino Ratio Rank: 3232
Sortino Ratio Rank
BIAUX Omega Ratio Rank: 2727
Omega Ratio Rank
BIAUX Calmar Ratio Rank: 3939
Calmar Ratio Rank
BIAUX Martin Ratio Rank: 3636
Martin Ratio Rank
BITEX
BITEX Risk / Return Rank: 4646
Overall Rank
BITEX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
BITEX Sortino Ratio Rank: 4242
Sortino Ratio Rank
BITEX Omega Ratio Rank: 6868
Omega Ratio Rank
BITEX Calmar Ratio Rank: 3939
Calmar Ratio Rank
BITEX Martin Ratio Rank: 3535
Martin Ratio Rank
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.

BIAUX vs. BITEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Small-Cap Fundamental Value Fund (BIAUX) and Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX). 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.

BIAUXBITEXDifference

Sharpe ratio

Return per unit of total volatility

0.77

1.01

-0.24

Sortino ratio

Return per unit of downside risk

1.23

1.39

-0.16

Omega ratio

Gain probability vs. loss probability

1.16

1.27

-0.11

Calmar ratio

Return relative to maximum drawdown

1.19

1.19

0.00

Martin ratio

Return relative to average drawdown

4.33

4.28

+0.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIAUX vs. BITEX - Sharpe Ratio Comparison

The current BIAUX Sharpe Ratio is 0.77, which is comparable to the BITEX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of BIAUX and BITEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

BIAUXBITEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.77

1.01

-0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

0.15

+0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.18

+0.40

Correlation

The correlation between BIAUX and BITEX is 0.03, 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

BIAUX vs. BITEX - Dividend Comparison

BIAUX's dividend yield for the trailing twelve months is around 13.03%, more than BITEX's 3.27% yield.

TTM20252024202320222021202020192018201720162015
BIAUX
Brown Advisory Small-Cap Fundamental Value Fund		13.03%13.49%16.54%5.94%6.16%0.48%0.47%9.38%14.31%4.11%0.34%2.41%
BITEX
Brown Advisory Tax-Exempt Sustainable Bond Fund		3.27%3.25%3.32%2.78%1.25%2.00%1.45%0.09%0.00%0.00%0.00%0.00%

Drawdowns

BIAUX vs. BITEX - Drawdown Comparison

The maximum BIAUX drawdown since its inception was -45.55%, which is greater than BITEX's maximum drawdown of -13.06%. Use the drawdown chart below to compare losses from any high point for BIAUX and BITEX.

Loading graphics...

Drawdown Indicators

BIAUXBITEXDifference

Max Drawdown

Largest peak-to-trough decline

-45.55%

-13.06%

-32.49%

Max Drawdown (1Y)

Largest decline over 1 year

-14.10%

-3.86%

-10.24%

Max Drawdown (5Y)

Largest decline over 5 years

-25.16%

-13.06%

-12.10%

Max Drawdown (10Y)

Largest decline over 10 years

-45.55%

—

—

Current Drawdown

Current decline from peak

-5.61%

-2.27%

-3.34%

Average Drawdown

Average peak-to-trough decline

-6.24%

-4.64%

-1.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.87%

1.07%

+2.80%

Volatility

BIAUX vs. BITEX - Volatility Comparison

Brown Advisory Small-Cap Fundamental Value Fund (BIAUX) has a higher volatility of 5.24% compared to Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) at 0.93%. This indicates that BIAUX's price experiences larger fluctuations and is considered to be riskier than BITEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

BIAUXBITEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.24%

0.93%

+4.31%

Volatility (6M)

Calculated over the trailing 6-month period

12.37%

1.60%

+10.77%

Volatility (1Y)

Calculated over the trailing 1-year period

21.68%

4.02%

+17.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.84%

3.24%

+16.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.54%

4.07%

+17.47%