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BAGIX vs. AGG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BAGIX vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Aggregate Bond Fund Class I (BAGIX) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.44%
3.50%
BAGIX
AGG

Returns By Period

In the year-to-date period, BAGIX achieves a 2.13% return, which is significantly higher than AGG's 1.93% return. Over the past 10 years, BAGIX has outperformed AGG with an annualized return of 1.69%, while AGG has yielded a comparatively lower 1.44% annualized return.


BAGIX

YTD

2.13%

1M

-0.48%

6M

3.44%

1Y

7.16%

5Y (annualized)

-0.04%

10Y (annualized)

1.69%

AGG

YTD

1.93%

1M

-0.49%

6M

3.50%

1Y

6.44%

5Y (annualized)

-0.23%

10Y (annualized)

1.44%

Key characteristics


BAGIXAGG
Sharpe Ratio1.251.12
Sortino Ratio1.851.63
Omega Ratio1.221.20
Calmar Ratio0.490.45
Martin Ratio4.273.61
Ulcer Index1.68%1.78%
Daily Std Dev5.71%5.76%
Max Drawdown-19.44%-18.43%
Current Drawdown-8.15%-8.38%

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BAGIX vs. AGG - Expense Ratio Comparison

BAGIX has a 0.30% expense ratio, which is higher than AGG's 0.05% expense ratio.


BAGIX
Baird Aggregate Bond Fund Class I
Expense ratio chart for BAGIX: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%
Expense ratio chart for AGG: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Correlation

-0.50.00.51.00.8

The correlation between BAGIX and AGG is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

BAGIX vs. AGG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.


Sharpe ratio
The chart of Sharpe ratio for BAGIX, currently valued at 1.25, compared to the broader market-1.000.001.002.003.004.005.001.251.12
The chart of Sortino ratio for BAGIX, currently valued at 1.85, compared to the broader market0.005.0010.001.851.63
The chart of Omega ratio for BAGIX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.20
The chart of Calmar ratio for BAGIX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.000.490.45
The chart of Martin ratio for BAGIX, currently valued at 4.27, compared to the broader market0.0020.0040.0060.0080.00100.004.273.61
BAGIX
AGG

The current BAGIX Sharpe Ratio is 1.25, which is comparable to the AGG Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of BAGIX and AGG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.25
1.12
BAGIX
AGG

Dividends

BAGIX vs. AGG - Dividend Comparison

BAGIX's dividend yield for the trailing twelve months is around 3.90%, less than AGG's 3.95% yield.


TTM20232022202120202019201820172016201520142013
BAGIX
Baird Aggregate Bond Fund Class I
3.90%3.46%2.69%1.92%2.29%2.76%2.89%2.55%2.47%2.47%2.90%3.32%
AGG
iShares Core U.S. Aggregate Bond ETF
3.95%3.13%2.39%1.77%2.14%2.70%2.96%2.32%2.39%2.45%2.40%2.32%

Drawdowns

BAGIX vs. AGG - Drawdown Comparison

The maximum BAGIX drawdown since its inception was -19.44%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BAGIX and AGG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-8.15%
-8.38%
BAGIX
AGG

Volatility

BAGIX vs. AGG - Volatility Comparison

Baird Aggregate Bond Fund Class I (BAGIX) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.50% and 1.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.50%
1.49%
BAGIX
AGG