SYY vs. BIAFX

Last updated Jun 5, 2026

SYY (Sysco Corporation) is a stock, while BIAFX (Brown Advisory Flexible Equity Fund) is Large Cap Growth Equities fund managed by Brown Advisory Funds. Over the past 10 years, SYY returned 7.03%/yr vs 15.31%/yr for BIAFX. At a 0.50 correlation, their price movements are largely independent.

Performance

SYY vs. BIAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sysco Corporation (SYY) and Brown Advisory Flexible Equity Fund (BIAFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYY achieves a 2.41% return, which is significantly lower than BIAFX's 4.91% return. Over the past 10 years, SYY has underperformed BIAFX with an annualized return of 7.03%, while BIAFX has yielded a comparatively higher 15.31% annualized return.

SYY

• 1D: -1.18%
• 1M: 2.07%
• YTD: 2.41%
• 6M: 2.76%
• 1Y: 4.92%
• 3Y*: 3.67%
• 5Y*: 1.28%
• 10Y*: 7.03%

BIAFX

• 1D: -0.49%
• 1M: 1.78%
• YTD: 4.91%
• 6M: 5.89%
• 1Y: 12.71%
• 3Y*: 18.44%
• 5Y*: 10.23%
• 10Y*: 15.31%

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

SYY vs. BIAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SYY Sysco Corporation	2.41%	-0.98%	7.41%	-1.70%	-0.33%	8.29%	-10.40%	39.64%	5.48%	12.47%
BIAFX Brown Advisory Flexible Equity Fund	4.91%	9.74%	23.72%	34.52%	-21.07%	24.95%	19.89%	42.29%	-4.15%	24.12%

Correlation

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

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Dec 5, 2006	0.50

Over the past year, the correlation between SYY and BIAFX has dropped to 0.24 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

SYY vs. BIAFX — Risk / Return Rank

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

SYY

SYY Risk / Return Rank: 45
SYY Sharpe Ratio Rank: 48
SYY Sortino Ratio Rank: 41
SYY Omega Ratio Rank: 43
SYY Calmar Ratio Rank: 47
SYY Martin Ratio Rank: 48

BIAFX

BIAFX Risk / Return Rank: 13
BIAFX Sharpe Ratio Rank: 14
BIAFX Sortino Ratio Rank: 13
BIAFX Omega Ratio Rank: 14
BIAFX Calmar Ratio Rank: 11
BIAFX Martin Ratio Rank: 13

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.

SYY vs. BIAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sysco Corporation (SYY) and Brown Advisory Flexible Equity Fund (BIAFX). 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.

	SYY	BIAFX	Difference
Sharpe ratio: Return per unit of total volatility	0.18	1.01	-0.83
Sortino ratio: Return per unit of downside risk	0.43	1.47	-1.04
Omega ratio: Gain probability vs. loss probability	1.07	1.19	-0.12
Calmar ratio: Return relative to maximum drawdown	0.21	1.01	-0.81
Martin ratio: Return relative to average drawdown	0.52	3.65	-3.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYY vs. BIAFX - Sharpe Ratio Comparison

The current SYY Sharpe Ratio is 0.18, which is lower than the BIAFX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of SYY and BIAFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SYY	BIAFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	1.01	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.58	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.80	-0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.50	-0.04

Drawdowns

SYY vs. BIAFX - Drawdown Comparison

The maximum SYY drawdown since its inception was -69.98%, which is greater than BIAFX's maximum drawdown of -60.32%. Use the drawdown chart below to compare losses from any high point for SYY and BIAFX.

Drawdown Indicators

	SYY	BIAFX	Difference
Max Drawdown Largest peak-to-trough decline	-69.98%	-60.32%	-9.66%
Max Drawdown (1Y) Largest decline over 1 year	-23.98%	-13.10%	-10.88%
Max Drawdown (3Y) Largest decline over 3 years	-23.98%	-17.99%	-5.99%
Max Drawdown (5Y) Largest decline over 5 years	-27.33%	-27.44%	+0.11%
Max Drawdown (10Y) Largest decline over 10 years	-63.40%	-35.49%	-27.91%
Current Drawdown Current decline from peak	-17.83%	-0.62%	-17.21%
Average Drawdown Average peak-to-trough decline	-12.60%	-10.15%	-2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.57%	3.63%	+5.94%

Volatility

SYY vs. BIAFX - Volatility Comparison

Sysco Corporation (SYY) has a higher volatility of 5.43% compared to Brown Advisory Flexible Equity Fund (BIAFX) at 2.70%. This indicates that SYY's price experiences larger fluctuations and is considered to be riskier than BIAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYY	BIAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	2.70%	+2.73%
Volatility (6M) Calculated over the trailing 6-month period	24.09%	10.02%	+14.07%
Volatility (1Y) Calculated over the trailing 1-year period	26.80%	13.09%	+13.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.94%	17.83%	+6.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.32%	19.18%	+11.14%

Dividends

SYY vs. BIAFX - Dividend Comparison

SYY's dividend yield for the trailing twelve months is around 2.91%, less than BIAFX's 5.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIAFX Brown Advisory Flexible Equity Fund	5.54%	5.81%	4.81%	2.67%	3.71%	3.75%	3.16%	8.65%	4.15%	0.42%	0.44%	0.58%
SYY Sysco Corporation	2.91%	2.85%	2.64%	2.71%	2.51%	2.34%	2.42%	1.82%	2.30%	2.17%	2.24%	2.20%

Frequently Asked Questions

Can I hold both SYY and BIAFX in my portfolio?

SYY and BIAFX 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 is riskier, SYY or BIAFX?

SYY has higher volatility (5.43%) compared to BIAFX (2.70%). In terms of maximum drawdown, SYY dropped -69.98% vs BIAFX's -60.32%.

Which has better risk-adjusted returns?

BIAFX currently has the higher Sharpe Ratio (1.01 vs 0.18), 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.