BAFN vs. BOND

Last updated Jun 6, 2026

BAFN (Bayfirst Financial Corp) is a stock, while BOND (PIMCO Active Bond ETF) is Intermediate Core-Plus Bond fund actively managed by PIMCO. Over the past 5 years, BAFN returned -24.22%/yr vs 0.43%/yr for BOND. At a 0.09 correlation, their price movements are largely independent.

Performance

BAFN vs. BOND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bayfirst Financial Corp (BAFN) and PIMCO Active Bond ETF (BOND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAFN achieves a -31.21% return, which is significantly lower than BOND's 0.09% return.

BAFN

• 1D: -0.55%
• 1M: -24.79%
• YTD: -31.21%
• 6M: -32.50%
• 1Y: -64.96%
• 3Y*: -26.85%
• 5Y*: -24.22%
• 10Y*: —

BOND

• 1D: -0.57%
• 1M: -0.71%
• YTD: 0.09%
• 6M: 0.37%
• 1Y: 5.82%
• 3Y*: 4.83%
• 5Y*: 0.43%
• 10Y*: 2.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAFN vs. BOND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BAFN Bayfirst Financial Corp	-31.21%	-40.42%	4.57%	-20.15%	-25.26%	71.58%	-17.96%	0.00%
BOND PIMCO Active Bond ETF	0.09%	8.39%	2.77%	6.48%	-14.57%	-0.77%	7.80%	-0.07%

Correlation

The correlation between BAFN and BOND is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Nov 21, 2019	0.09

Return for Risk

BAFN vs. BOND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAFN

BAFN Risk / Return Rank: 5
BAFN Sharpe Ratio Rank: 6
BAFN Sortino Ratio Rank: 5
BAFN Omega Ratio Rank: 5
BAFN Calmar Ratio Rank: 1
BAFN Martin Ratio Rank: 8

BOND

BOND Risk / Return Rank: 42
BOND Sharpe Ratio Rank: 43
BOND Sortino Ratio Rank: 44
BOND Omega Ratio Rank: 42
BOND Calmar Ratio Rank: 40
BOND Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAFN vs. BOND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bayfirst Financial Corp (BAFN) and PIMCO Active Bond ETF (BOND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BAFN	BOND	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	1.48	-2.41
Sortino ratio: Return per unit of downside risk	-1.59	2.14	-3.73
Omega ratio: Gain probability vs. loss probability	0.80	1.26	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.99	1.94	-2.93
Martin ratio: Return relative to average drawdown	-1.41	6.12	-7.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAFN vs. BOND - Sharpe Ratio Comparison

The current BAFN Sharpe Ratio is -0.93, which is lower than the BOND Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of BAFN and BOND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAFN	BOND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.93	1.48	-2.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.48	0.07	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	0.63	-0.90

Drawdowns

BAFN vs. BOND - Drawdown Comparison

The maximum BAFN drawdown since its inception was -82.43%, which is greater than BOND's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for BAFN and BOND.

Drawdown Indicators

	BAFN	BOND	Difference
Max Drawdown Largest peak-to-trough decline	-82.43%	-19.71%	-62.72%
Max Drawdown (1Y) Largest decline over 1 year	-65.51%	-3.01%	-62.50%
Max Drawdown (3Y) Largest decline over 3 years	-72.72%	-6.12%	-66.60%
Max Drawdown (5Y) Largest decline over 5 years	-82.43%	-19.71%	-62.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-19.71%	—
Current Drawdown Current decline from peak	-82.03%	-1.95%	-80.08%
Average Drawdown Average peak-to-trough decline	-45.56%	-3.50%	-42.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.24%	0.95%	+45.29%

Volatility

BAFN vs. BOND - Volatility Comparison

Bayfirst Financial Corp (BAFN) has a higher volatility of 12.37% compared to PIMCO Active Bond ETF (BOND) at 1.43%. This indicates that BAFN's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAFN	BOND	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.37%	1.43%	+10.94%
Volatility (6M) Calculated over the trailing 6-month period	48.60%	2.94%	+45.66%
Volatility (1Y) Calculated over the trailing 1-year period	70.10%	3.96%	+66.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.31%	5.76%	+44.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.02%	5.09%	+51.93%

Dividends

BAFN vs. BOND - Dividend Comparison

BAFN has not paid dividends to shareholders, while BOND's dividend yield for the trailing twelve months is around 5.21%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAFN Bayfirst Financial Corp	0.00%	2.04%	2.41%	2.45%	1.91%	4.29%	0.96%	0.00%	0.00%	0.00%	0.00%	0.00%
BOND PIMCO Active Bond ETF	5.21%	5.11%	5.02%	4.06%	3.44%	2.58%	2.66%	3.38%	3.18%	2.87%	2.85%	4.14%

Frequently Asked Questions

Can I hold both BAFN and BOND in my portfolio?

BAFN and BOND have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAFN or BOND?

BAFN has higher volatility (12.37%) compared to BOND (1.43%). In terms of maximum drawdown, BAFN dropped -82.43% vs BOND's -19.71%.

Which has better risk-adjusted returns?

BOND currently has the higher Sharpe Ratio (1.48 vs -0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.