BIAWX vs. SPYI
Compare and contrast key facts about Brown Advisory Sustainable Growth Fund (BIAWX) and NEOS S&P 500 High Income ETF (SPYI).
BIAWX is managed by Brown Advisory Funds. It was launched on Jun 29, 2012. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIAWX or SPYI.
Performance
BIAWX vs. SPYI - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with BIAWX having a 19.05% return and SPYI slightly higher at 19.18%.
BIAWX
19.05%
-0.07%
7.21%
27.39%
15.73%
14.30%
SPYI
19.18%
1.17%
10.41%
22.77%
N/A
N/A
Key characteristics
| BIAWX | SPYI | |
|---|---|---|
| Sharpe Ratio | 1.68 | 2.50 |
| Sortino Ratio | 2.31 | 3.35 |
| Omega Ratio | 1.31 | 1.53 |
| Calmar Ratio | 1.88 | 3.46 |
| Martin Ratio | 10.86 | 17.37 |
| Ulcer Index | 2.54% | 1.32% |
| Daily Std Dev | 16.42% | 9.17% |
| Max Drawdown | -38.09% | -10.19% |
| Current Drawdown | -3.04% | -1.01% |
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BIAWX vs. SPYI - Expense Ratio Comparison
BIAWX has a 0.78% expense ratio, which is higher than SPYI's 0.68% expense ratio.
Correlation
The correlation between BIAWX and SPYI is 0.87, 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.
Risk-Adjusted Performance
BIAWX vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Growth Fund (BIAWX) and NEOS S&P 500 High Income ETF (SPYI). 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
BIAWX vs. SPYI - Dividend Comparison
BIAWX has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 11.65%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BIAWX Brown Advisory Sustainable Growth Fund | 0.00% | 0.00% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 11.65% | 12.01% | 4.10% |
Drawdowns
BIAWX vs. SPYI - Drawdown Comparison
The maximum BIAWX drawdown since its inception was -38.09%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for BIAWX and SPYI. For additional features, visit the drawdowns tool.
Volatility
BIAWX vs. SPYI - Volatility Comparison
Brown Advisory Sustainable Growth Fund (BIAWX) has a higher volatility of 5.61% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.73%. This indicates that BIAWX's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.