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BAGIX vs. FBALX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BAGIX vs. FBALX - Performance Comparison

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

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BAGIX vs. FBALX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BAGIX
Baird Aggregate Bond Fund Class I
-0.06%7.37%1.85%6.42%-13.35%-1.46%8.63%9.48%-0.31%4.20%
FBALX
Fidelity Balanced Fund
-1.74%15.11%16.09%20.31%-18.29%18.27%22.45%24.40%-3.98%16.52%

Returns By Period

In the year-to-date period, BAGIX achieves a -0.06% return, which is significantly higher than FBALX's -1.74% return. Over the past 10 years, BAGIX has underperformed FBALX with an annualized return of 2.07%, while FBALX has yielded a comparatively higher 10.73% annualized return.


BAGIX

1D
0.20%
1M
-1.44%
YTD
-0.06%
6M
0.76%
1Y
4.14%
3Y*
4.12%
5Y*
0.47%
10Y*
2.07%

FBALX

1D
2.04%
1M
-3.87%
YTD
-1.74%
6M
0.80%
1Y
15.76%
3Y*
13.67%
5Y*
7.65%
10Y*
10.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BAGIX vs. FBALX - Expense Ratio Comparison

BAGIX has a 0.30% expense ratio, which is lower than FBALX's 0.51% expense ratio.


Return for Risk

BAGIX vs. FBALX — Risk / Return Rank

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

BAGIX
BAGIX Risk / Return Rank: 5252
Overall Rank
BAGIX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
BAGIX Sortino Ratio Rank: 5151
Sortino Ratio Rank
BAGIX Omega Ratio Rank: 3737
Omega Ratio Rank
BAGIX Calmar Ratio Rank: 7272
Calmar Ratio Rank
BAGIX Martin Ratio Rank: 5050
Martin Ratio Rank

FBALX
FBALX Risk / Return Rank: 8080
Overall Rank
FBALX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FBALX Sortino Ratio Rank: 7878
Sortino Ratio Rank
FBALX Omega Ratio Rank: 7777
Omega Ratio Rank
FBALX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FBALX Martin Ratio Rank: 8888
Martin Ratio Rank
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.

BAGIX vs. FBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and Fidelity Balanced Fund (FBALX). 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.


BAGIXFBALXDifference

Sharpe ratio

Return per unit of total volatility

1.02

1.37

-0.35

Sortino ratio

Return per unit of downside risk

1.47

1.99

-0.52

Omega ratio

Gain probability vs. loss probability

1.18

1.30

-0.12

Calmar ratio

Return relative to maximum drawdown

1.74

2.05

-0.31

Martin ratio

Return relative to average drawdown

5.08

9.47

-4.40

BAGIX vs. FBALX - Sharpe Ratio Comparison

The current BAGIX Sharpe Ratio is 1.02, which is comparable to the FBALX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of BAGIX and FBALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BAGIXFBALXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.02

1.37

-0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.63

-0.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.84

-0.42

Sharpe Ratio (All Time)

Calculated using the full available price history

0.98

0.79

+0.19

Correlation

The correlation between BAGIX and FBALX is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

BAGIX vs. FBALX - Dividend Comparison

BAGIX's dividend yield for the trailing twelve months is around 4.18%, less than FBALX's 5.79% yield.


TTM20252024202320222021202020192018201720162015
BAGIX
Baird Aggregate Bond Fund Class I
4.18%4.12%4.03%3.47%2.70%2.00%3.39%2.75%2.87%2.54%2.25%2.46%
FBALX
Fidelity Balanced Fund
5.79%5.69%5.67%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.70%

Drawdowns

BAGIX vs. FBALX - Drawdown Comparison

The maximum BAGIX drawdown since its inception was -18.62%, smaller than the maximum FBALX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for BAGIX and FBALX.


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Drawdown Indicators


BAGIXFBALXDifference

Max Drawdown

Largest peak-to-trough decline

-18.62%

-43.57%

+24.95%

Max Drawdown (1Y)

Largest decline over 1 year

-2.63%

-8.14%

+5.51%

Max Drawdown (5Y)

Largest decline over 5 years

-18.60%

-22.89%

+4.29%

Max Drawdown (10Y)

Largest decline over 10 years

-18.62%

-26.68%

+8.06%

Current Drawdown

Current decline from peak

-1.84%

-4.56%

+2.72%

Average Drawdown

Average peak-to-trough decline

-2.36%

-4.39%

+2.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.90%

1.76%

-0.86%

Volatility

BAGIX vs. FBALX - Volatility Comparison

The current volatility for Baird Aggregate Bond Fund Class I (BAGIX) is 1.50%, while Fidelity Balanced Fund (FBALX) has a volatility of 4.19%. This indicates that BAGIX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BAGIXFBALXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.50%

4.19%

-2.69%

Volatility (6M)

Calculated over the trailing 6-month period

2.49%

6.77%

-4.28%

Volatility (1Y)

Calculated over the trailing 1-year period

4.28%

11.94%

-7.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.90%

12.18%

-6.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.88%

12.75%

-7.87%