EEOFX vs. BAFMX

Last updated Jun 5, 2026

EEOFX (Essex Environmental Opportunities Fund) and BAFMX (Brown Advisory Mid-Cap Growth Fund) are both Mid Cap Growth Equities funds. A 0.76 correlation means they provide meaningful diversification when combined. EEOFX charges 2.11%/yr vs 0.79%/yr for BAFMX.

Performance

EEOFX vs. BAFMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Essex Environmental Opportunities Fund (EEOFX) and Brown Advisory Mid-Cap Growth Fund (BAFMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EEOFX

• 1D: -0.61%
• 1M: 9.94%
• YTD: 30.84%
• 6M: 27.52%
• 1Y: 57.32%
• 3Y*: 15.06%
• 5Y*: 4.03%
• 10Y*: —

BAFMX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EEOFX vs. BAFMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EEOFX Essex Environmental Opportunities Fund	30.84%	23.55%	1.32%	-1.53%	-27.88%	10.83%	62.80%	25.43%	-12.04%
BAFMX Brown Advisory Mid-Cap Growth Fund	-2.65%	3.70%	15.29%	23.21%	-28.12%	6.32%	32.56%	38.63%	-8.59%

Correlation

The correlation between EEOFX and BAFMX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Nov 19, 2018	0.76

Over the past year, the correlation between EEOFX and BAFMX has dropped to 0.56 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

EEOFX vs. BAFMX — Risk / Return Rank

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

EEOFX

EEOFX Risk / Return Rank: 75
EEOFX Sharpe Ratio Rank: 80
EEOFX Sortino Ratio Rank: 69
EEOFX Omega Ratio Rank: 57
EEOFX Calmar Ratio Rank: 88
EEOFX Martin Ratio Rank: 79

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.

EEOFX vs. BAFMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essex Environmental Opportunities Fund (EEOFX) and Brown Advisory Mid-Cap Growth Fund (BAFMX). 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.

	EEOFX	BAFMX	Difference
Sharpe ratio: Return per unit of total volatility	2.62	—	—
Sortino ratio: Return per unit of downside risk	3.47	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.35	—	—
Martin ratio: Return relative to average drawdown	14.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EEOFX	BAFMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	—	—

Drawdowns

Drawdown Indicators

	EEOFX	BAFMX	Difference
Max Drawdown Largest peak-to-trough decline	-50.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.17%	—	—
Current Drawdown Current decline from peak	-0.61%	—	—
Average Drawdown Average peak-to-trough decline	-19.65%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	—	—

Volatility

Volatility by Period

	EEOFX	BAFMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.44%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.79%	—	—

EEOFX vs. BAFMX - Expense Ratio Comparison

EEOFX has a 2.11% expense ratio, which is higher than BAFMX's 0.79% expense ratio.

Dividends

EEOFX vs. BAFMX - Dividend Comparison

EEOFX's dividend yield for the trailing twelve months is around 0.05%, less than BAFMX's 75.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BAFMX Brown Advisory Mid-Cap Growth Fund	75.00%	73.01%	0.00%	0.00%	6.85%	9.92%	0.00%	0.52%	1.14%
EEOFX Essex Environmental Opportunities Fund	0.05%	0.06%	0.00%	0.00%	0.01%	6.63%	1.62%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EEOFX and BAFMX in my portfolio?

EEOFX and BAFMX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.