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

Performance

BAGIX vs. SCHP - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.44%
2.91%
BAGIX
SCHP

Returns By Period

In the year-to-date period, BAGIX achieves a 2.13% return, which is significantly lower than SCHP's 2.55% return. Over the past 10 years, BAGIX has underperformed SCHP with an annualized return of 1.71%, while SCHP has yielded a comparatively higher 2.15% annualized return.


BAGIX

YTD

2.13%

1M

-0.69%

6M

3.44%

1Y

7.16%

5Y (annualized)

-0.04%

10Y (annualized)

1.71%

SCHP

YTD

2.55%

1M

-0.84%

6M

2.91%

1Y

5.64%

5Y (annualized)

2.00%

10Y (annualized)

2.15%

Key characteristics


BAGIXSCHP
Sharpe Ratio1.251.17
Sortino Ratio1.851.74
Omega Ratio1.221.21
Calmar Ratio0.490.48
Martin Ratio4.304.96
Ulcer Index1.67%1.16%
Daily Std Dev5.71%4.91%
Max Drawdown-19.44%-14.26%
Current Drawdown-8.15%-6.77%

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BAGIX vs. SCHP - Expense Ratio Comparison

BAGIX has a 0.30% expense ratio, which is higher than SCHP'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 SCHP: 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 SCHP is 0.75, 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. SCHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and Schwab U.S. TIPS ETF (SCHP). 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-1.000.001.002.003.004.005.001.251.17
The chart of Sortino ratio for BAGIX, currently valued at 1.85, compared to the broader market0.005.0010.001.851.74
The chart of Omega ratio for BAGIX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.21
The chart of Calmar ratio for BAGIX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.000.490.48
The chart of Martin ratio for BAGIX, currently valued at 4.30, compared to the broader market0.0020.0040.0060.0080.00100.004.304.96
BAGIX
SCHP

The current BAGIX Sharpe Ratio is 1.25, which is comparable to the SCHP Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of BAGIX and SCHP, 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
1.17
BAGIX
SCHP

Dividends

BAGIX vs. SCHP - Dividend Comparison

BAGIX's dividend yield for the trailing twelve months is around 3.90%, more than SCHP's 2.84% 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%
SCHP
Schwab U.S. TIPS ETF
2.84%3.02%7.19%4.39%1.11%2.02%2.63%1.90%1.38%0.28%1.30%0.67%

Drawdowns

BAGIX vs. SCHP - Drawdown Comparison

The maximum BAGIX drawdown since its inception was -19.44%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for BAGIX and SCHP. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-8.15%
-6.77%
BAGIX
SCHP

Volatility

BAGIX vs. SCHP - Volatility Comparison

Baird Aggregate Bond Fund Class I (BAGIX) has a higher volatility of 1.52% compared to Schwab U.S. TIPS ETF (SCHP) at 1.05%. This indicates that BAGIX's price experiences larger fluctuations and is considered to be riskier than SCHP 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%JuneJulyAugustSeptemberOctoberNovember
1.52%
1.05%
BAGIX
SCHP