BBH Select Series – Mid Cap ETF’s Q4 2025 Investor Letter

Brown Brothers Harriman, an investment management company, released its Q4 2025 investor letter for the "BBH Select Series – Mid Cap ETF". In the quarter, the ETF decreased by 3.9% on a total return basis compared to the Russell Midcap Index’s 0.2% return. The year was characterized by the outperformance of unprofitable and highly volatile companies. Healthcare and materials were the top-performing sectors in the fourth quarter, while communication services and real estate were down. The firm is confident that the market will eventually return its focus to financial fundamentals, such...