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

Performance

BAGIX vs. BND - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.44%
3.23%
BAGIX
BND

Returns By Period

In the year-to-date period, BAGIX achieves a 2.13% return, which is significantly higher than BND's 1.66% return. Over the past 10 years, BAGIX has outperformed BND with an annualized return of 1.71%, while BND has yielded a comparatively lower 1.39% annualized return.


BAGIX

YTD

2.13%

1M

-0.69%

6M

3.44%

1Y

7.16%

5Y (annualized)

-0.04%

10Y (annualized)

1.71%

BND

YTD

1.66%

1M

-0.79%

6M

3.22%

1Y

6.06%

5Y (annualized)

-0.33%

10Y (annualized)

1.39%

Key characteristics


BAGIXBND
Sharpe Ratio1.251.09
Sortino Ratio1.851.59
Omega Ratio1.221.19
Calmar Ratio0.490.42
Martin Ratio4.303.51
Ulcer Index1.67%1.75%
Daily Std Dev5.71%5.65%
Max Drawdown-19.44%-18.84%
Current Drawdown-8.15%-9.11%

Compare stocks, funds, or ETFs

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BAGIX vs. BND - Expense Ratio Comparison

BAGIX has a 0.30% expense ratio, which is higher than BND's 0.03% 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 BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

The correlation between BAGIX and BND is 0.88, 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. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and Vanguard Total Bond Market ETF (BND). 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-1.000.001.002.003.004.005.001.251.09
The chart of Sortino ratio for BAGIX, currently valued at 1.85, compared to the broader market0.005.0010.001.851.59
The chart of Omega ratio for BAGIX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.19
The chart of Calmar ratio for BAGIX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.000.490.42
The chart of Martin ratio for BAGIX, currently valued at 4.30, compared to the broader market0.0020.0040.0060.0080.00100.004.303.51
BAGIX
BND

The current BAGIX Sharpe Ratio is 1.25, which is comparable to the BND Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of BAGIX and BND, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.25
1.09
BAGIX
BND

Dividends

BAGIX vs. BND - Dividend Comparison

BAGIX's dividend yield for the trailing twelve months is around 3.90%, more than BND's 3.57% 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%
BND
Vanguard Total Bond Market ETF
3.57%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

BAGIX vs. BND - Drawdown Comparison

The maximum BAGIX drawdown since its inception was -19.44%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BAGIX and BND. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-8.15%
-9.11%
BAGIX
BND

Volatility

BAGIX vs. BND - Volatility Comparison

Baird Aggregate Bond Fund Class I (BAGIX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.52% and 1.52%, 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
1.52%
1.52%
BAGIX
BND