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

Performance

BND vs. BAGIX - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.15%
3.44%
BND
BAGIX

Returns By Period

In the year-to-date period, BND achieves a 1.70% return, which is significantly lower than BAGIX's 2.13% return. Over the past 10 years, BND has underperformed BAGIX with an annualized return of 1.38%, while BAGIX has yielded a comparatively higher 1.69% annualized return.


BND

YTD

1.70%

1M

-0.51%

6M

3.15%

1Y

6.10%

5Y (annualized)

-0.32%

10Y (annualized)

1.38%

BAGIX

YTD

2.13%

1M

-0.48%

6M

3.44%

1Y

7.16%

5Y (annualized)

-0.04%

10Y (annualized)

1.69%

Key characteristics


BNDBAGIX
Sharpe Ratio1.081.25
Sortino Ratio1.581.85
Omega Ratio1.191.22
Calmar Ratio0.420.49
Martin Ratio3.464.27
Ulcer Index1.76%1.68%
Daily Std Dev5.65%5.71%
Max Drawdown-18.84%-19.44%
Current Drawdown-9.07%-8.15%

Compare stocks, funds, or ETFs

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


BND vs. BAGIX - Expense Ratio Comparison

BND has a 0.03% expense ratio, which is lower than BAGIX's 0.30% 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 BND and BAGIX 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

BND vs. BAGIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and Baird Aggregate Bond Fund Class I (BAGIX). 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 BND, currently valued at 1.08, compared to the broader market0.002.004.001.081.25
The chart of Sortino ratio for BND, currently valued at 1.58, compared to the broader market-2.000.002.004.006.008.0010.0012.001.581.85
The chart of Omega ratio for BND, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.22
The chart of Calmar ratio for BND, currently valued at 0.41, compared to the broader market0.005.0010.0015.0020.000.420.49
The chart of Martin ratio for BND, currently valued at 3.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.464.27
BND
BAGIX

The current BND Sharpe Ratio is 1.08, which is comparable to the BAGIX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of BND and BAGIX, 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
1.08
1.25
BND
BAGIX

Dividends

BND vs. BAGIX - Dividend Comparison

BND's dividend yield for the trailing twelve months is around 3.57%, less than BAGIX's 3.90% yield.


TTM20232022202120202019201820172016201520142013
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%
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%

Drawdowns

BND vs. BAGIX - Drawdown Comparison

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


-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-9.07%
-8.15%
BND
BAGIX

Volatility

BND vs. BAGIX - Volatility Comparison

Vanguard Total Bond Market ETF (BND) and Baird Aggregate Bond Fund Class I (BAGIX) have volatilities of 1.50% and 1.50%, 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
1.50%
1.50%
BND
BAGIX