BVALX vs. BIAHX

Last updated Aug 1, 2026

BVALX (Brown Advisory - Beutel Goodman Large-Cap Value Fund) and BIAHX (Brown Advisory - WMC Strategic European Equity Fund) are both mutual funds - BVALX is a Large Cap Value Equities fund managed by Brown Advisory, while BIAHX is a Europe Equities fund managed by Brown Advisory. Over the past 5 years, BVALX returned 8.84%/yr vs 12.50%/yr for BIAHX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. BVALX charges 0.55%/yr vs 1.19%/yr for BIAHX.

Performance

BVALX vs. BIAHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Advisory - Beutel Goodman Large-Cap Value Fund (BVALX) and Brown Advisory - WMC Strategic European Equity Fund (BIAHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVALX achieves a 13.85% return, which is significantly higher than BIAHX's 4.98% return.

BVALX

• 1D: -0.54%
• 1M: 0.85%
• 6M: 11.25%
• YTD: 13.85%
• 1Y: 23.29%
• 3Y*: 11.45%
• 5Y*: 8.84%
• 10Y*: —
• ALL TIME*: 10.75%

BIAHX

• 1D: 0.59%
• 1M: 3.31%
• 6M: -0.58%
• YTD: 4.98%
• 1Y: 12.99%
• 3Y*: 21.01%
• 5Y*: 12.50%
• 10Y*: 12.27%
• ALL TIME*: 9.84%

*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)
BIAHX Brown Advisory - WMC Strategic European Equity Fund	$0.00	$0.00	$0.00
BVALX Brown Advisory - Beutel Goodman Large-Cap Value Fund	$0.00	$0.00	$0.00

BVALX vs. BIAHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BVALX Brown Advisory - Beutel Goodman Large-Cap Value Fund	13.85%	5.26%	11.49%	12.30%	2.07%	14.73%	11.54%	31.28%	-7.81%
BIAHX Brown Advisory - WMC Strategic European Equity Fund	4.98%	47.26%	10.85%	19.36%	-11.95%	14.54%	11.34%	29.43%	-15.69%

Correlation

The correlation between BVALX and BIAHX is 0.62, 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.	0.62
Correlation (3Y) Balances recent behavior with more history.	0.61
Correlation (5Y) Shows whether the relationship held over a longer period.	0.66
Correlation (All Time) Calculated using the full available price history since Feb 13, 2018	0.67

The correlation between BVALX and BIAHX has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.

Return for Risk

BVALX vs. BIAHX — Risk / Return Rank

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

BVALX

BVALX Risk / Return Rank: 63
BVALX Sharpe Ratio Rank: 66
BVALX Sortino Ratio Rank: 69
BVALX Omega Ratio Rank: 60
BVALX Calmar Ratio Rank: 63
BVALX Martin Ratio Rank: 55

BIAHX

BIAHX Risk / Return Rank: 25
BIAHX Sharpe Ratio Rank: 28
BIAHX Sortino Ratio Rank: 29
BIAHX Omega Ratio Rank: 28
BIAHX Calmar Ratio Rank: 21
BIAHX Martin Ratio Rank: 19

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.

BVALX vs. BIAHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Advisory - Beutel Goodman Large-Cap Value Fund (BVALX) and Brown Advisory - WMC Strategic European Equity Fund (BIAHX). 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.

	BVALX	BIAHX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	0.92	+0.67
Sortino ratio: Return per unit of downside risk	2.37	1.42	+0.95
Omega ratio: Gain probability vs. loss probability	1.28	1.17	+0.11
Calmar ratio: Return relative to maximum drawdown	2.13	0.99	+1.14
Martin ratio: Return relative to average drawdown	7.39	2.60	+4.79

BVALX vs. BIAHX - Sharpe Ratio Comparison

The current BVALX Sharpe Ratio is 1.59, which is higher than the BIAHX Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of BVALX and BIAHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BVALX vs. BIAHX - Drawdown Comparison

The maximum BVALX drawdown since its inception was -32.88%, smaller than the maximum BIAHX drawdown of -34.90%. Use the drawdown chart below to compare losses from any high point for BVALX and BIAHX.

Drawdown Indicators

	BVALX	BIAHX	Difference
Max Drawdown Largest peak-to-trough decline	-32.88%	-34.90%	+2.02%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-13.18%	+3.09%
Max Drawdown (3Y) Largest decline over 3 years	-19.90%	-13.18%	-6.72%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	-30.95%	+11.05%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.90%	—
Current Drawdown Current decline from peak	-2.25%	-3.10%	+0.85%
Average Drawdown Average peak-to-trough decline	-4.23%	-6.03%	+1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	5.00%	-2.09%

Volatility

BVALX vs. BIAHX - Volatility Comparison

Brown Advisory - Beutel Goodman Large-Cap Value Fund (BVALX) has a higher volatility of 4.32% compared to Brown Advisory - WMC Strategic European Equity Fund (BIAHX) at 4.07%. This indicates that BVALX's price experiences larger fluctuations and is considered to be riskier than BIAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVALX	BIAHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	4.07%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	10.22%	12.14%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	14.22%	-0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	16.40%	-0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	16.89%	+1.27%

BVALX vs. BIAHX - Expense Ratio Comparison

BVALX has a 0.55% expense ratio, which is lower than BIAHX's 1.19% expense ratio.

Dividends

BVALX vs. BIAHX - Dividend Comparison

BVALX's dividend yield for the trailing twelve months is around 5.68%, less than BIAHX's 7.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BIAHX Brown Advisory - WMC Strategic European Equity Fund	7.24%	7.60%	5.16%	1.13%	2.66%	9.72%	6.39%	9.78%	12.12%	0.83%	1.19%
BVALX Brown Advisory - Beutel Goodman Large-Cap Value Fund	5.68%	6.47%	8.20%	1.78%	3.62%	9.06%	3.14%	2.95%	2.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BVALX and BIAHX in my portfolio?

BVALX and BIAHX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BVALX or BIAHX?

BVALX has higher volatility (4.32%) compared to BIAHX (4.07%). In terms of maximum drawdown, BVALX dropped -32.88% vs BIAHX's -34.90%.

Which has better risk-adjusted returns?

BVALX currently has the higher Sharpe Ratio (1.59 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.