GARP vs. BIAWX
Compare and contrast key facts about iShares MSCI USA Quality GARP ETF (GARP) and Brown Advisory Sustainable Growth Fund (BIAWX).
GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020. BIAWX is managed by Brown Advisory Funds. It was launched on Jun 29, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GARP or BIAWX.
Key characteristics
| GARP | BIAWX | |
|---|---|---|
| YTD Return | 26.31% | 15.66% |
| 1Y Return | 41.41% | 28.00% |
| 3Y Return (Ann) | 12.30% | 4.67% |
| Sharpe Ratio | 2.33 | 1.65 |
| Daily Std Dev | 17.86% | 16.94% |
| Max Drawdown | -31.34% | -36.94% |
| Current Drawdown | -4.62% | -0.67% |
Correlation
The correlation between GARP and BIAWX is 0.91, 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.
Performance
GARP vs. BIAWX - Performance Comparison
In the year-to-date period, GARP achieves a 26.31% return, which is significantly higher than BIAWX's 15.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GARP vs. BIAWX - Expense Ratio Comparison
GARP has a 0.15% expense ratio, which is lower than BIAWX's 0.78% expense ratio.
Risk-Adjusted Performance
GARP vs. BIAWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality GARP ETF (GARP) and Brown Advisory Sustainable Growth Fund (BIAWX). 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
GARP vs. BIAWX - Dividend Comparison
GARP's dividend yield for the trailing twelve months is around 0.36%, while BIAWX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GARP iShares MSCI USA Quality GARP ETF | 0.36% | 0.75% | 1.85% | 0.67% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIAWX Brown Advisory Sustainable Growth Fund | 0.00% | 0.00% | 0.00% | 1.85% | 0.00% | 0.75% | 3.75% | 1.71% | 0.72% | 4.76% | 2.10% | 1.03% |
Drawdowns
GARP vs. BIAWX - Drawdown Comparison
The maximum GARP drawdown since its inception was -31.34%, smaller than the maximum BIAWX drawdown of -36.94%. Use the drawdown chart below to compare losses from any high point for GARP and BIAWX. For additional features, visit the drawdowns tool.
Volatility
GARP vs. BIAWX - Volatility Comparison
iShares MSCI USA Quality GARP ETF (GARP) has a higher volatility of 6.08% compared to Brown Advisory Sustainable Growth Fund (BIAWX) at 5.34%. This indicates that GARP's price experiences larger fluctuations and is considered to be riskier than BIAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.