FEX vs BAFE

Comparison between First Trust Large Cap Core AlphaDEX Fund (FEX, ETF) and BROWN ADVISORY FLEXIBLE EQUITY ETF (BAFE, ETF).

FEX vs BAFE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEX(ETF)	BAFE(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	0.57%	0.54%
Max Drawdown	59.67%	18.37%
Sharpe Ratio	1.86	0.88
5Y Beta	0.86	0.95
P/E Ratio	20.73	25.95
Forward P/E	16.66	21.41
PEG Ratio	0.17	0.78
5Y Dividends CAGR	10.45%	N/A
5Y EPS CAGR	15.16%	25.00%
Debt to Equity	57.37%	N/A
P/S Ratio	1.92	2.29
P/B Ratio	2.92	4.56

Net Assets

FEX

$1.50B

Winner

BAFE

$1.60B

Expense Ratio

FEX

0.57%

Winner

BAFE

0.54%

Max Drawdown

FEX

59.67%

Winner

BAFE

18.37%

Sharpe Ratio

Winner

FEX

1.86

BAFE

0.88

5Y Beta

Winner

FEX

0.86

BAFE

0.95

P/E Ratio

Winner

FEX

20.73

BAFE

25.95

Forward P/E

Winner

FEX

16.66

BAFE

21.41

PEG Ratio

Winner

FEX

0.17

BAFE

0.78

5Y Dividends CAGR

FEX

10.45%

BAFE

N/A

5Y EPS CAGR

FEX

15.16%

Winner

BAFE

25.00%

Debt to Equity

FEX

57.37%

BAFE

N/A

P/S Ratio

Winner

FEX

1.92

BAFE

2.29

P/B Ratio

Winner

FEX

2.92

BAFE

4.56

FEX vs BAFE - Holdings Comparison

FEX and BAFE have 27 common holdings. Overlap is 5.64%

FEX's top 25 holdings weight is 16.27%. BAFE's top 25 holdings weight is 76.16%.

Rank	FEX	BAFE
#1	MICRON TECHNOLOGY INC (MU) - 1.06%	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 6.32%
#2	SANDISK CORP ORDINARY SHARES (SNDK) - 1.00%	MICROSOFT CORP (MSFT) - 5.58%
#3	BLOOM ENERGY CORP CLASS A (BE) - 0.89%	AMAZON.COM INC (AMZN) - 4.96%
#4	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 0.86%	ALPHABET INC CLASS A (GOOGL) - 4.53%
#5	ADVANCED MICRO DEVICES INC (AMD) - 0.79%	ALPHABET INC CLASS C (GOOG) - 4.31%
#6	WESTERN DIGITAL CORP (WDC) - 0.77%	META PLATFORMS INC CLASS A (META) - 4.04%
#7	MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC (MTSI) - 0.74%	VISA INC CLASS A (V) - 3.96%
#8	n/a (DELL) - 0.74%	MASTERCARD INC CLASS A (MA) - 3.45%
#9	MARVELL TECHNOLOGY INC (MRVL) - 0.67%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 3.28%
#10	SUPER MICRO COMPUTER INC (SMCI) - 0.65%	KKR & CO INC ORDINARY SHARES (KKR) - 3.10%
#11	CIENA CORP (CIEN) - 0.62%	UNITEDHEALTH GROUP INC (UNH) - 3.00%
#12	MKS INC (MKSI) - 0.58%	NVIDIA CORP (NVDA) - 2.78%
#13	n/a (ASTS) - 0.58%	UNITED RENTALS INC (URI) - 2.64%
#14	CORNING INC (GLW) - 0.57%	SUNCOR ENERGY INC (SU) - 2.43%
#15	HUMANA INC (HUM) - 0.55%	KLA CORP (KLAC) - 2.36%
#16	QUANTA SERVICES INC (PWR) - 0.54%	ANALOG DEVICES INC (ADI) - 2.14%
#17	COMFORT SYSTEMS USA INC (FIX) - 0.54%	ELEVANCE HEALTH INC (ELV) - 2.03%
#18	ROCKET LAB CORP (RKLB) - 0.53%	EDWARDS LIFESCIENCES CORP (EW) - 2.01%
#19	ELEVANCE HEALTH INC (ELV) - 0.53%	AMER SPORTS INC (AS) - 2.00%
#20	LUMENTUM HOLDINGS INC (LITE) - 0.52%	CASH (n/a) - 1.97%
#21	TERADYNE INC (TER) - 0.52%	CHARLES SCHWAB CORP (SCHW) - 1.96%
#22	VERTIV HOLDINGS CO CLASS A (VRT) - 0.52%	MARVELL TECHNOLOGY INC (MRVL) - 1.90%
#23	COHERENT CORP (COHR) - 0.51%	APPLE INC (AAPL) - 1.83%
#24	KEYSIGHT TECHNOLOGIES INC (KEYS) - 0.50%	CARRIER GLOBAL CORP ORDINARY SHARES (CARR) - 1.82%
#25	GE VERNOVA INC (GEV) - 0.49%	BOOKING HOLDINGS INC (BKNG) - 1.76%
Total Holdings	377	45

FEX vs BAFE - Historical Returns

Returns include dividend reinvestment.

Period	FEX	BAFE
1 month	+3.31%	+1.91%
3 months	+5.82%	+8.21%
6 months	+15.27%	+7.75%
1 year	+28.84%	+14.97%
5 years(CAGR)	+10.99%	N/A
10 years(CAGR)	+12.97%	N/A
Max(CAGR)	+9.60%	+9.77%

Winner

FEX

+3.31%

BAFE

+1.91%

FEX

+5.82%

Winner

BAFE

+8.21%

Winner

FEX

+15.27%

BAFE

+7.75%

Winner

FEX

+28.84%

BAFE

+14.97%

5Y(CAGR)

FEX

+10.99%

BAFE

N/A

10Y(CAGR)

FEX

+12.97%

BAFE

N/A

Max(CAGR)

FEX

+9.60%

Winner

BAFE

+9.77%

FEX vs BAFE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FEX	BAFE
2026	+12.50%	+5.38%
2025	+14.88%	+9.82%
2024	+17.28%	-0.51%
2023	+14.99%	N/A
2022	-11.35%	N/A
2021	+28.75%	N/A
2020	+13.71%	N/A
2019	+26.87%	N/A
2018	-10.52%	N/A
2017	+20.59%	N/A
2016	+15.75%	N/A
2015	-3.92%	N/A
2014	+13.46%	N/A
2013	+32.85%	N/A
2012	+13.91%	N/A
2011	-1.50%	N/A
2010	+18.94%	N/A
2009	+32.21%	N/A
2008	-37.71%	N/A
2007	-5.39%	N/A

FEX vs BAFE Drawdown Comparison

The maximum drawdown for FEX was -58.81%, occurring on Mar 6, 2009. Recovery took 908 trading sessions.

The maximum drawdown for BAFE was -18.37%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The current FEX drawdown is -0.24%.

Rank	FEX	BAFE
#1	-58.81% Jul 13, 2007 - Feb 17, 2011	-18.37% Jan 30, 2025 - Jul 3, 2025
#2	-39.51% Feb 19, 2020 - Oct 12, 2020	-12.73% Jan 9, 2026 - Apr 27, 2026
#3	-21.98% Sep 20, 2018 - Jul 12, 2019	-6.15% Oct 27, 2025 - Dec 11, 2025
#4	-21.97% Apr 29, 2011 - Mar 13, 2012	-4.39% Dec 4, 2024 - Jan 23, 2025
#5	-21.27% Nov 16, 2021 - Dec 14, 2023	-3.88% Sep 19, 2025 - Oct 27, 2025
#6	-19.58% Nov 29, 2024 - Jul 22, 2025	-3.77% Jul 25, 2025 - Aug 28, 2025
#7	-18.22% May 21, 2015 - Jul 22, 2016	-2.38% Dec 11, 2025 - Dec 24, 2025
#8	-12.31% Mar 26, 2012 - Sep 13, 2012	-1.72% Jul 3, 2025 - Jul 24, 2025
#9	-9.96% Jan 26, 2018 - Aug 27, 2018	-1.69% May 6, 2026 - May 27, 2026
#10	-9.11% Sep 5, 2014 - Nov 11, 2014	-1.11% Aug 28, 2025 - Sep 4, 2025
#11	-7.50% Jul 24, 2019 - Nov 7, 2019	-0.99% Dec 26, 2025 - Jan 5, 2026
#12	-6.89% Sep 14, 2012 - Dec 18, 2012	-0.62% Jan 6, 2026 - Jan 9, 2026
#13	-6.59% Jul 16, 2024 - Aug 23, 2024	-0.56% Apr 27, 2026 - Apr 30, 2026
#14	-6.23% Feb 20, 2026 - Apr 13, 2026	-0.55% Sep 9, 2025 - Sep 11, 2025
#15	-6.19% Dec 31, 2013 - Feb 20, 2014	-0.51% May 1, 2026 - May 6, 2026

Correlation

Correlation between FEX and BAFE is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2007 - 2026)

FEX vs BAFE dividend yield comparison.

Year	FEX	BAFE
2026	0.22%	0.00%
2025	1.10%	0.30%
2024	1.18%	0.06%
2023	1.38%	0.00%
2022	1.61%	0.00%
2021	0.80%	0.00%
2020	1.21%	0.00%
2019	1.32%	0.00%
2018	1.34%	0.00%
2017	1.07%	0.00%
2016	1.29%	0.00%
2015	1.33%	0.00%
2014	1.30%	0.00%
2013	1.02%	0.00%
2012	2.36%	0.00%
2011	1.09%	0.00%
2010	0.89%	0.00%
2009	0.89%	0.00%
2008	1.70%	0.00%
2007	0.58%	0.00%