BAGSX vs. TSBIX
Compare and contrast key facts about Baird Aggregate Bond Fund (BAGSX) and TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX).
BAGSX is managed by Baird. It was launched on Sep 29, 2000. TSBIX is managed by TIAA Investments.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAGSX or TSBIX.
Key characteristics
| BAGSX | TSBIX | |
|---|---|---|
| YTD Return | 2.35% | 3.21% |
| 1Y Return | 8.47% | 9.00% |
| 3Y Return (Ann) | -2.26% | -2.19% |
| 5Y Return (Ann) | -0.04% | -0.41% |
| 10Y Return (Ann) | 1.53% | 1.33% |
| Sharpe Ratio | 1.50 | 1.63 |
| Sortino Ratio | 2.19 | 2.42 |
| Omega Ratio | 1.27 | 1.29 |
| Calmar Ratio | 0.54 | 0.56 |
| Martin Ratio | 5.73 | 6.39 |
| Ulcer Index | 1.56% | 1.49% |
| Daily Std Dev | 5.95% | 5.84% |
| Max Drawdown | -19.80% | -20.07% |
| Current Drawdown | -8.65% | -8.67% |
Correlation
The correlation between BAGSX and TSBIX is 0.92, 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.
Performance
BAGSX vs. TSBIX - Performance Comparison
In the year-to-date period, BAGSX achieves a 2.35% return, which is significantly lower than TSBIX's 3.21% return. Over the past 10 years, BAGSX has outperformed TSBIX with an annualized return of 1.53%, while TSBIX has yielded a comparatively lower 1.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BAGSX vs. TSBIX - Expense Ratio Comparison
BAGSX has a 0.55% expense ratio, which is higher than TSBIX's 0.35% expense ratio.
Risk-Adjusted Performance
BAGSX vs. TSBIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund (BAGSX) and TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX). 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.
Dividends
BAGSX vs. TSBIX - Dividend Comparison
BAGSX's dividend yield for the trailing twelve months is around 3.49%, less than TSBIX's 4.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAGSX Baird Aggregate Bond Fund | 3.49% | 3.10% | 2.33% | 1.58% | 1.94% | 2.41% | 2.53% | 2.21% | 2.14% | 2.17% | 2.53% | 2.99% |
TSBIX TIAA-CREF Core Impact Bond Fund Institutional Class | 4.26% | 3.77% | 2.83% | 1.68% | 2.14% | 2.80% | 2.88% | 2.45% | 2.55% | 2.39% | 1.99% | 1.59% |
Drawdowns
BAGSX vs. TSBIX - Drawdown Comparison
The maximum BAGSX drawdown since its inception was -19.80%, roughly equal to the maximum TSBIX drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for BAGSX and TSBIX. For additional features, visit the drawdowns tool.
Volatility
BAGSX vs. TSBIX - Volatility Comparison
Baird Aggregate Bond Fund (BAGSX) and TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) have volatilities of 1.59% and 1.62%, 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.