BBHM vs SPY

BBHM vs SPY

Which is better, BBHM or SPY?

Mid Cap Blend against Large Cap Blend.

SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 43.7%.

Lower Fees: SPYHigher Returns (1Y): SPYLess Concentrated: SPY

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

MetricBBHMSPY
Expense Ratio0.81%0.09%Best
AUM$429M$814.4B
Dividend Yield0.00%1.01%
Holdings28505
YTD Return+4.05%+13.78%Best
1Y Return-+21.44%
3Y Return (annualized)-+21.38%
5Y Return (annualized)-+12.80%
Top 10 Weight43.7%38.0%Best
Fund FamilyBrown Brothers HarrimanState Street Investment Management
CategoryEquityEquity
StyleMid Cap BlendLarge Cap Blend
InceptionNov 17, 2025Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.

BBHM vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

BBHM vs SPY Performance

BBH Select Mid Cap ETF (BBHM) is an ETF from Brown Brothers Harriman and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, BBHM is up 4.05% versus a gain of 13.78% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

BBHM charges 0.81% per year while SPY charges 0.09%. On a $10,000 position that is $81 vs $9 annually, a gap of $72 per year that compounds over a long holding period. On income, BBHM currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

BBHM already in SPY34.9%
SPY already in BBHM0.8%

34.9% of BBHM's money is in holdings SPY also owns. 0.8% of SPY's money is in holdings BBHM also owns.

The two portfolios partly overlap.

10 positions in common, counted across the 29 positions we hold weights for in BBHM and 504 in SPY, against full books of 28 and 505.

What only one of them owns

Our book lists 486 positions for SPY that do not appear in our book for BBHM (98.7% of the fund), and 18 for BBHM that do not appear in SPY (61.1%).

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.

Top Shared Holdings

StockWeight in BBHMWeight in SPYDifference
ANETArista Networks Inc Common Stock4.99%0.30%4.69%
CBRECBRE group4.67%0.07%4.60%
WSTWest Pharmaceutical Services Inc4.34%0.04%4.30%
KEYSKeysight Technologies Inc.4.07%0.09%3.98%
TTWOTake-Two Interactive Software, Inc.3.68%0.06%3.62%
VMCVulcan Materials Co.3.27%0.06%3.21%
HUBBHubbell Inc3.23%0.04%3.19%
BRBroadridge Financial Solutions, Inc.2.66%0.03%2.63%
BROBrown & Brown Inc2.40%0.03%2.37%
ZBRAZebra Technologies Corp1.54%0.03%1.51%

34.9% of BBHM is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BBHMSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, BBHM or SPY?

BBHM has an expense ratio of 0.81% while SPY charges 0.09%. SPY is the cheaper option, by $72 a year on a $10,000 investment.

What is the holdings overlap between BBHM and SPY?

34.9% of BBHM's money is in holdings SPY also owns. 0.8% of SPY's is in holdings BBHM also owns. They hold 10 positions in common, counted across the 29 positions we hold weights for in BBHM and 504 in SPY.

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.

Is SPY better than BBHM?

SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 43.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.