GBLD vs. BASG

Last updated Jun 4, 2026

GBLD (Invesco MSCI Green Building ETF) and BASG (Brown Advisory Sustainable Growth ETF) are both exchange-traded funds - GBLD is a Sustainable fund tracking the MSCI Global Green Building Index, while BASG is a Large Cap Growth Equities fund managed by Brown Advisory. At a 0.24 correlation, their price movements are largely independent. GBLD charges 0.39%/yr vs 0.61%/yr for BASG.

Performance

GBLD vs. BASG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco MSCI Green Building ETF (GBLD) and Brown Advisory Sustainable Growth ETF (BASG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GBLD

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

BASG

• 1D: -1.72%
• 1M: 7.15%
• YTD: 4.35%
• 6M: 3.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GBLD vs. BASG - Yearly Performance Comparison

	2026 (YTD)	2025
GBLD Invesco MSCI Green Building ETF	4.52%	5.71%
BASG Brown Advisory Sustainable Growth ETF	4.35%	2.10%

Correlation

The correlation between GBLD and BASG is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.24

Return for Risk

GBLD vs. BASG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Green Building ETF (GBLD) and Brown Advisory Sustainable Growth ETF (BASG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GBLD	BASG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Drawdowns

Drawdown Indicators

	GBLD	BASG	Difference
Max Drawdown Largest peak-to-trough decline	—	-19.30%	—
Current Drawdown Current decline from peak	—	-1.98%	—
Average Drawdown Average peak-to-trough decline	—	-5.84%	—

Volatility

Volatility by Period

	GBLD	BASG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	16.65%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.65%	—

GBLD vs. BASG - Expense Ratio Comparison

GBLD has a 0.39% expense ratio, which is lower than BASG's 0.61% expense ratio.

Dividends

GBLD vs. BASG - Dividend Comparison

GBLD's dividend yield for the trailing twelve months is around 3.45%, while BASG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BASG Brown Advisory Sustainable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBLD Invesco MSCI Green Building ETF	3.45%	3.27%	5.34%	6.60%	3.79%	3.16%

Frequently Asked Questions

Can I hold both GBLD and BASG in my portfolio?

GBLD and BASG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GBLD or BASG?

On fees, GBLD is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GBLD or BASG?

GBLD is cheaper with a 0.39% expense ratio, compared with 0.61% for BASG.

Which ETF pays a higher dividend yield, GBLD or BASG?

GBLD has the higher dividend yield at 3.45%, compared with 0.00% for BASG.

What is the main difference between GBLD and BASG?

GBLD is categorized as Sustainable, while BASG is Large Cap Growth Equities. They also come from different issuers: Invesco and Brown Advisory. Their fees differ too: 0.39% for GBLD and 0.61% for BASG.