BIAWX vs. VOO

Last updated Apr 2, 2026

Compare and contrast key facts about Brown Advisory Sustainable Growth Fund (BIAWX) and Vanguard S&P 500 ETF (VOO).

BIAWX is managed by Brown Advisory Funds. It was launched on Jun 29, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.

Performance

BIAWX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory Sustainable Growth Fund (BIAWX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

BIAWX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIAWX Brown Advisory Sustainable Growth Fund	-12.47%	3.18%	20.20%	38.88%	-31.02%	29.83%	38.88%	35.93%	4.36%	27.89%
VOO Vanguard S&P 500 ETF	-3.66%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Returns By Period

In the year-to-date period, BIAWX achieves a -12.47% return, which is significantly lower than VOO's -3.66% return. Both investments have delivered pretty close results over the past 10 years, with BIAWX having a 13.60% annualized return and VOO not far ahead at 14.14%.

BIAWX

• 1D: 3.30%
• 1M: -4.63%
• YTD: -12.47%
• 6M: -15.30%
• 1Y: -0.34%
• 3Y*: 9.64%
• 5Y*: 5.80%
• 10Y*: 13.60%

VOO

• 1D: 0.79%
• 1M: -4.29%
• YTD: -3.66%
• 6M: -1.41%
• 1Y: 18.17%
• 3Y*: 18.58%
• 5Y*: 11.93%
• 10Y*: 14.14%

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

BIAWX vs. VOO - Expense Ratio Comparison

BIAWX has a 0.78% expense ratio, which is higher than VOO's 0.03% expense ratio.

BIAWX

Brown Advisory Sustainable Growth Fund

VOO

Vanguard S&P 500 ETF

Return for Risk

BIAWX vs. VOO — Risk / Return Rank

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

BIAWX

BIAWX Risk / Return Rank: 5
BIAWX Sharpe Ratio Rank: 5
BIAWX Sortino Ratio Rank: 5
BIAWX Omega Ratio Rank: 5
BIAWX Calmar Ratio Rank: 6
BIAWX Martin Ratio Rank: 6

VOO

VOO Risk / Return Rank: 60
VOO Sharpe Ratio Rank: 54
VOO Sortino Ratio Rank: 57
VOO Omega Ratio Rank: 61
VOO Calmar Ratio Rank: 59
VOO Martin Ratio Rank: 69

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.

BIAWX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Sustainable Growth Fund (BIAWX) and Vanguard S&P 500 ETF (VOO). 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.

	BIAWX	VOO	Difference
Sharpe ratio Return per unit of total volatility	0.02	1.01	-0.99
Sortino ratio Return per unit of downside risk	0.19	1.53	-1.35
Omega ratio Gain probability vs. loss probability	1.03	1.23	-0.21
Calmar ratio Return relative to maximum drawdown	0.02	1.55	-1.53
Martin ratio Return relative to average drawdown	0.06	7.31	-7.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIAWX vs. VOO - Sharpe Ratio Comparison

The current BIAWX Sharpe Ratio is 0.02, which is lower than the VOO Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of BIAWX and VOO, 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

	BIAWX	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.02	1.01	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.71	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.79	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.83	-0.12

Correlation

The correlation between BIAWX and VOO is 0.90, 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.

Dividends

BIAWX vs. VOO - Dividend Comparison

BIAWX's dividend yield for the trailing twelve months is around 28.02%, more than VOO's 1.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIAWX Brown Advisory Sustainable Growth Fund	28.02%	24.52%	5.34%	0.00%	0.00%	1.85%	0.00%	1.50%	3.75%	1.71%	0.72%	4.76%
VOO Vanguard S&P 500 ETF	1.18%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Drawdowns

BIAWX vs. VOO - Drawdown Comparison

The maximum BIAWX drawdown since its inception was -36.94%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BIAWX and VOO.

Drawdown Indicators

	BIAWX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-36.94%	-33.99%	-2.95%
Max Drawdown (1Y) Largest decline over 1 year	-19.97%	-11.98%	-7.99%
Max Drawdown (5Y) Largest decline over 5 years	-36.94%	-24.52%	-12.42%
Max Drawdown (10Y) Largest decline over 10 years	-36.94%	-33.99%	-2.95%
Current Drawdown Current decline from peak	-17.27%	-5.55%	-11.72%
Average Drawdown Average peak-to-trough decline	-5.72%	-3.72%	-2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.98%	2.55%	+4.43%

Volatility

BIAWX vs. VOO - Volatility Comparison

Brown Advisory Sustainable Growth Fund (BIAWX) has a higher volatility of 6.50% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that BIAWX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIAWX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	5.34%	+1.16%
Volatility (6M) Calculated over the trailing 6-month period	12.97%	9.47%	+3.50%
Volatility (1Y) Calculated over the trailing 1-year period	22.91%	18.11%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.59%	16.82%	+5.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.43%	17.99%	+3.44%