BASV vs SPY
Brown Advisory Sustainable Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BASV or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. BASV led over 1Y, SPY over the full window.
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 | BASV | SPY |
|---|---|---|
| Expense Ratio | 0.71% | 0.09%Best |
| AUM | $432M | $797.9B |
| Dividend Yield | 0.37% | 1.00% |
| Holdings | 42 | 504 |
| YTD Return | +12.77%Best | +11.28% |
| 1Y Return | +17.72%Best | +13.46% |
| 3Y Return (annualized) | - | +20.37% |
| 5Y Return (annualized) | - | +11.54% |
| Volatility (annualized) | 10.6%Best | 11.4% |
| Max Drawdown | -9.4% | -8.9%Best |
| $10,000 over 1.4 years | $12,560 | $12,704Best |
| Fund Family | Brown Advisory | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 13, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Jun 16, 2025 to Nov 13, 2026 (1.4 years).
BASV 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 covers the 1.4 years both funds cover.
BASV vs SPY Performance
Brown Advisory Sustainable Value ETF (BASV) is an ETF from Brown Advisory and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BASV returned +17.72% while SPY returned +13.46%. Year to date, BASV is up 12.77% versus a gain of 11.28% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 11.4% compared with 10.6% for BASV. 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 -9.4% for BASV and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BASV charges 0.71% per year while SPY charges 0.09%. On a $10,000 position that is $71 vs $9 annually, a gap of $62 per year that compounds over a long holding period. On income, BASV currently yields 0.37% against 1.00% for SPY.
Holdings Overlap
At least 15.1% of SPY's money is in holdings BASV also owns.
Stated as a floor: for BASV, our book for it covers 94.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and BASV share little of their money.
31 positions in common, counted across the 41 positions we hold weights for in BASV and 502 in SPY, against full books of 42 and 504.
Top Shared Holdings
| Stock | Weight in BASV | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.92% | 5.79% | 1.87% |
| AMZNAmazon.Com Inc | 3.98% | 3.71% | 0.27% |
| CAHCardinal Health Inc. | 3.87% | 0.09% | 3.78% |
| PNRPentair Plc Ordinary Shares | 3.56% | 0.02% | 3.54% |
| BDXBecton Dickinson And Co. | 3.43% | 0.08% | 3.35% |
| WLTWWillis Towers Watson Plc | 3.31% | 0.05% | 3.26% |
| SWSmurfit Westrock Plc | 3.14% | 0.04% | 3.10% |
| CCitigroup Inc. | 2.78% | 0.32% | 2.46% |
| AIGAmerican International Group Inc | 2.90% | 0.07% | 2.83% |
| GOOGAlphabet, Inc., Class C | 0.90% | 2.03% | 1.13% |
You are not choosing between two funds in isolation.
Whichever of BASV and SPY 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, BASV or SPY?
BASV has an expense ratio of 0.71% while SPY charges 0.09%. SPY is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, BASV or SPY?
Over the past year BASV returned +17.72% vs +13.46% for SPY, so BASV leads on 1-year performance. Over the longest common window we track (1 years), BASV annualized +17.68% vs +18.64% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BASV or SPY?
SPY has been the more volatile fund at 11.4% annualized versus 10.6% for BASV. Worst drawdown: BASV -9.4% vs SPY -8.9%.
Should I hold both BASV and SPY?
BASV and SPY have a monthly-return correlation of 0.63, 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 BASV and SPY?
At least 15.1% of SPY's money is in holdings BASV also owns. Our book for BASV is partial, so the real figure is this or higher. They hold 31 positions in common, counted across the 41 positions we hold weights for in BASV and 502 in SPY.
Which pays a higher dividend, BASV or SPY?
BASV yields 0.37% while SPY yields 1.00%, so SPY currently pays the higher dividend yield.
Is SPY better than BASV?
SPY has a lower expense ratio. BASV led over 1Y, SPY over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.