BAFE vs WBIL
Brown Advisory Flexible Equity ETF vs WBI BullBear Quality 3000 ETF
Which is better, BAFE or WBIL?
BAFE has been ahead.
BAFE has a lower expense ratio. BAFE led over 1Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 45.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BAFE | WBIL |
|---|---|---|
| Expense Ratio | 0.54%Best | 1.55% |
| AUM | $1.7B | $28M |
| Dividend Yield | 0.27% | 0.04% |
| Holdings | 87 | 125 |
| YTD Return | +10.96%Best | +8.25% |
| 1Y Return | +13.58%Best | +7.18% |
| 3Y Return (annualized) | - | +9.15% |
| 5Y Return (annualized) | - | +4.55% |
| Volatility (annualized) | 12.9%Best | 15.9% |
| Max Drawdown | -18.4%Best | -25.3% |
| $10,000 over 2 years | $12,173Best | $10,537 |
| Top 10 Weight | 45.7% | 23.3%Best |
| Fund Family | Brown Advisory | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Aug 25, 2014 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Nov 18, 2024 to Nov 11, 2026 (2 years).
BAFE vs WBIL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
BAFE vs WBIL Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year BAFE returned +13.58% while WBIL returned +7.18%. Year to date, BAFE is up 10.96% versus a gain of 8.25% for WBIL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 12.9% for BAFE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for BAFE and -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while WBIL charges 1.55%. On a $10,000 position that is $54 vs $155 annually, a gap of $101 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 0.04% for WBIL.
Holdings Overlap
13.7% of BAFE's money is in holdings WBIL also owns. 7.7% of WBIL's money is in holdings BAFE also owns.
BAFE and WBIL share little of their money.
4 positions in common, counted across the 42 positions we hold weights for in BAFE and 56 in WBIL, against full books of 87 and 125.
What only one of them owns
Our book lists 50 positions for WBIL that do not appear in our book for BAFE (84.6% of the fund), and 33 for BAFE that do not appear in WBIL (69.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BAFE and WBIL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAFE or WBIL?
BAFE has an expense ratio of 0.54% while WBIL charges 1.55%. BAFE is the cheaper option, by $101 a year on a $10,000 investment.
Which performed better, BAFE or WBIL?
Over the past year BAFE returned +13.58% vs +7.18% for WBIL, so BAFE leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.33% vs +2.65% for WBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or WBIL?
WBIL has been the more volatile fund at 15.9% annualized versus 12.9% for BAFE. Worst drawdown: BAFE -18.4% vs WBIL -25.3%.
Should I hold both BAFE and WBIL?
BAFE and WBIL have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BAFE and WBIL?
13.7% of BAFE's money is in holdings WBIL also owns. 7.7% of WBIL's is in holdings BAFE also owns. They hold 4 positions in common, counted across the 42 positions we hold weights for in BAFE and 56 in WBIL.
Which pays a higher dividend, BAFE or WBIL?
BAFE yields 0.27% while WBIL yields 0.04%, so BAFE currently pays the higher dividend yield.
Is WBIL better than BAFE?
BAFE has a lower expense ratio. BAFE led over 1Y and the full window. WBIL is less concentrated, with 23.3% of the fund in its ten largest positions against 45.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.