BAIV vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricBAIVSPYWinner
Expense Ratio0.60%0.09%
AUM-$789.1B
Dividend Yield-1.01%
Holdings56505
YTD Return+11.61%+13.68%
1Y Return-+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)-15.3%
Max Drawdown-11.4%-56.5%
Fund FamilyBrown AdvisoryState Street Investment Management
CategoryEquityEquity
InceptionFeb 25, 2026Jan 22, 1993

BAIV vs SPY Performance

Brown Advisory International Value Select ETF (BAIV) is a ETF from Brown Advisory and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, BAIV is up 11.61% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -11.4% for BAIV and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

BAIV charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

BAIV and SPY share 0 holdings out of 553 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, BAIV or SPY?

BAIV has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

What is the holdings overlap between BAIV and SPY?

BAIV and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 553 unique securities.

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