BROL vs MMAX
Baron Risk Optimized Large Cap ETF vs iShares Large Cap Max Buffer Mar ETF
Which is better, BROL or MMAX?
BROL costs less.
BROL has a lower expense ratio.
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 | BROL | MMAX |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.50% |
| AUM | - | $74M |
| Dividend Yield | 0.00% | 0.76% |
| Holdings | 129 | 7 |
| YTD Return | +4.89% | +5.18%Best |
| 1Y Return | - | +5.10% |
| Fund Family | Baron Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 25, 2026 | Mar 31, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
BROL vs MMAX 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.
BROL vs MMAX Performance
Baron Risk Optimized Large Cap ETF (BROL) is an ETF from Baron Funds and iShares Large Cap Max Buffer Mar ETF (MMAX) is an ETF from iShares by BlackRock (US). Year to date, BROL is up 4.89% versus a gain of 5.18% for MMAX.
Past performance does not guarantee future results.
Fees and Cost Over Time
BROL charges 0.45% per year while MMAX charges 0.50%. On a $10,000 position that is $45 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, BROL currently yields 0.00% against 0.76% for MMAX.
Holdings Overlap
We hold position weights for 64 holdings in BROL and 3 in MMAX, totalling 99.1% and 112.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 64 positions we hold weights for in BROL and 3 in MMAX, against full books of 129 and 7.
You are not choosing between two funds in isolation.
Whichever of BROL and MMAX 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, BROL or MMAX?
BROL has an expense ratio of 0.45% while MMAX charges 0.50%. BROL is the cheaper option, by $5 a year on a $10,000 investment.
Which pays a higher dividend, BROL or MMAX?
BROL yields 0.00% while MMAX yields 0.76%, so MMAX currently pays the higher dividend yield.
Is MMAX better than BROL?
BROL has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.