PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BAGIX vs. MWTIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BAGIX vs. MWTIX - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.44%
3.38%
BAGIX
MWTIX

Returns By Period

In the year-to-date period, BAGIX achieves a 2.13% return, which is significantly higher than MWTIX's 1.06% return. Over the past 10 years, BAGIX has outperformed MWTIX with an annualized return of 1.72%, while MWTIX has yielded a comparatively lower 0.60% annualized return.


BAGIX

YTD

2.13%

1M

-0.79%

6M

3.12%

1Y

7.16%

5Y (annualized)

-0.04%

10Y (annualized)

1.72%

MWTIX

YTD

1.06%

1M

-1.05%

6M

3.04%

1Y

6.70%

5Y (annualized)

-1.38%

10Y (annualized)

0.60%

Key characteristics


BAGIXMWTIX
Sharpe Ratio1.271.01
Sortino Ratio1.871.48
Omega Ratio1.231.18
Calmar Ratio0.500.34
Martin Ratio4.413.12
Ulcer Index1.65%2.15%
Daily Std Dev5.71%6.65%
Max Drawdown-19.44%-23.26%
Current Drawdown-8.15%-13.65%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BAGIX vs. MWTIX - Expense Ratio Comparison

BAGIX has a 0.30% expense ratio, which is lower than MWTIX's 0.45% expense ratio.


MWTIX
Metropolitan West Total Return Bond Fund Class I
Expense ratio chart for MWTIX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
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%

Correlation

-0.50.00.51.00.9

The correlation between BAGIX and MWTIX is 0.86, 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. MWTIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and Metropolitan West Total Return Bond Fund Class I (MWTIX). 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 1.27, compared to the broader market-1.000.001.002.003.004.005.001.271.01
The chart of Sortino ratio for BAGIX, currently valued at 1.87, compared to the broader market0.005.0010.001.871.48
The chart of Omega ratio for BAGIX, currently valued at 1.23, compared to the broader market1.002.003.004.001.231.18
The chart of Calmar ratio for BAGIX, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.0025.000.500.34
The chart of Martin ratio for BAGIX, currently valued at 4.41, compared to the broader market0.0020.0040.0060.0080.00100.004.413.12
BAGIX
MWTIX

The current BAGIX Sharpe Ratio is 1.27, which is comparable to the MWTIX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of BAGIX and MWTIX, 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
1.27
1.01
BAGIX
MWTIX

Dividends

BAGIX vs. MWTIX - Dividend Comparison

BAGIX's dividend yield for the trailing twelve months is around 3.90%, less than MWTIX's 4.38% 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%
MWTIX
Metropolitan West Total Return Bond Fund Class I
4.38%4.11%2.93%1.30%1.78%2.76%2.73%2.16%2.09%1.84%2.30%3.13%

Drawdowns

BAGIX vs. MWTIX - Drawdown Comparison

The maximum BAGIX drawdown since its inception was -19.44%, smaller than the maximum MWTIX drawdown of -23.26%. Use the drawdown chart below to compare losses from any high point for BAGIX and MWTIX. For additional features, visit the drawdowns tool.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-8.15%
-13.65%
BAGIX
MWTIX

Volatility

BAGIX vs. MWTIX - Volatility Comparison

The current volatility for Baird Aggregate Bond Fund Class I (BAGIX) is 1.53%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.64%. This indicates that BAGIX experiences smaller price fluctuations and is considered to be less risky than MWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%JuneJulyAugustSeptemberOctoberNovember
1.53%
1.64%
BAGIX
MWTIX