BAGIX vs. VOO
BAGIX (Baird Aggregate Bond Fund Class I) and VOO (Vanguard S&P 500 ETF) are both funds - BAGIX is a Total Bond Market fund managed by Baird, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, BAGIX returned 1.94%/yr vs 15.50%/yr for VOO. At a correlation of -0.12, they often move in opposite directions. BAGIX charges 0.30%/yr vs 0.03%/yr for VOO.
Performance
BAGIX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, BAGIX achieves a 0.53% return, which is significantly lower than VOO's 9.08% return. Over the past 10 years, BAGIX has underperformed VOO with an annualized return of 1.94%, while VOO has yielded a comparatively higher 15.50% annualized return.
BAGIX
- 1D
- 0.51%
- 1M
- 1.19%
- YTD
- 0.53%
- 6M
- 1.08%
- 1Y
- 5.04%
- 3Y*
- 4.52%
- 5Y*
- 0.29%
- 10Y*
- 1.94%
VOO
- 1D
- 0.55%
- 1M
- -0.84%
- YTD
- 9.08%
- 6M
- 9.44%
- 1Y
- 25.76%
- 3Y*
- 20.95%
- 5Y*
- 13.43%
- 10Y*
- 15.50%
BAGIX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAGIX Baird Aggregate Bond Fund Class I | 0.53% | 7.37% | 1.85% | 6.42% | -13.35% | -1.46% | 8.63% | 9.48% | -0.31% | 4.20% |
VOO Vanguard S&P 500 ETF | 9.08% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between BAGIX and VOO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | -0.12 |
The correlation between BAGIX and VOO shifts across timeframes, from -0.12 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BAGIX vs. VOO — Risk / Return Rank
BAGIX
VOO
BAGIX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund Class I (BAGIX) and Vanguard S&P 500 ETF (VOO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BAGIX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.36 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.75 | -0.89 |
| Martin ratioReturn relative to average drawdown | 5.32 | 12.42 | -7.10 |
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Drawdowns
BAGIX vs. VOO - Drawdown Comparison
The maximum BAGIX drawdown since its inception was -18.62%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BAGIX and VOO.
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Drawdown Indicators
| BAGIX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.62% | -33.99% | +15.37% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -8.90% | +6.18% |
Max Drawdown (3Y)Largest decline over 3 years | -6.05% | -18.69% | +12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -18.60% | -24.52% | +5.92% |
Max Drawdown (10Y)Largest decline over 10 years | -18.62% | -33.99% | +15.37% |
Current DrawdownCurrent decline from peak | -1.26% | -2.34% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -2.35% | -3.68% | +1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 1.97% | -1.02% |
Volatility
BAGIX vs. VOO - Volatility Comparison
The current volatility for Baird Aggregate Bond Fund Class I (BAGIX) is 1.26%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.34%. This indicates that BAGIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAGIX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 4.34% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 9.58% | -6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.75% | 12.27% | -8.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 16.88% | -10.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 18.03% | -13.14% |
BAGIX vs. VOO - Expense Ratio Comparison
BAGIX has a 0.30% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
BAGIX vs. VOO - Dividend Comparison
BAGIX's dividend yield for the trailing twelve months is around 4.23%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAGIX Baird Aggregate Bond Fund Class I | 4.23% | 4.12% | 4.03% | 3.47% | 2.70% | 2.00% | 3.39% | 2.75% | 2.87% | 2.54% | 2.25% | 2.46% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
BAGIX and VOO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.34%) compared to BAGIX (1.26%). In terms of maximum drawdown, BAGIX dropped -18.62% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.99 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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