BBHM vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricBBHMSPYWinner
Expense Ratio0.84%0.09%
AUM$454M$821.1B
Dividend Yield0.00%1.01%
Holdings28505
YTD Return+9.50%+14.24%
1Y Return-+21.71%
3Y Return (annualized)-+22.10%
5Y Return (annualized)-+13.21%
Volatility (annualized)-15.3%
Max Drawdown-9.8%-56.5%
Fund FamilyBrown Brothers HarrimanState Street Investment Management
CategoryEquityEquity
InceptionNov 17, 2025Jan 22, 1993

BBHM vs SPY Performance

BBH Select Mid Cap ETF (BBHM) is a ETF from Brown Brothers Harriman and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, BBHM is up 9.50% versus a gain of 14.24% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -9.8% for BBHM 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

BBHM charges 0.84% per year while SPY charges 0.09%. On a $10,000 position that is $84 vs $9 annually, a gap of $75 per year that compounds over a long holding period. On income, BBHM currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.8%overlap

BBHM and SPY share 10 holdings out of 521 unique holdings combined, representing a 0.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BBHMWeight in SPYDifference
ANET5.06%0.30%4.76%
WST4.93%0.04%4.89%
KEYS4.88%0.09%4.79%
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Frequently Asked Questions

Which is cheaper, BBHM or SPY?

BBHM has an expense ratio of 0.84% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $75 per year of difference.

What is the holdings overlap between BBHM and SPY?

BBHM and SPY share 10 common holdings with a 0.8% weight overlap. Combined, they hold 521 unique securities.

Which pays a higher dividend, BBHM or SPY?

BBHM yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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