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BAGSX vs. TSBIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BAGSX vs. TSBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Aggregate Bond Fund (BAGSX) and TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX). The values are adjusted to include any dividend payments, if applicable.

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BAGSX vs. TSBIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BAGSX
Baird Aggregate Bond Fund
-0.11%7.11%1.63%6.12%-13.52%-1.74%8.42%9.17%-0.55%3.90%
TSBIX
TIAA-CREF Core Impact Bond Fund Institutional Class
-0.18%8.69%3.32%6.05%-14.43%-1.03%7.43%8.94%0.08%4.52%

Returns By Period

In the year-to-date period, BAGSX achieves a -0.11% return, which is significantly higher than TSBIX's -0.18% return. Over the past 10 years, BAGSX has underperformed TSBIX with an annualized return of 1.83%, while TSBIX has yielded a comparatively higher 2.17% annualized return.


BAGSX

1D
0.20%
1M
-1.41%
YTD
-0.11%
6M
0.70%
1Y
3.91%
3Y*
3.86%
5Y*
0.23%
10Y*
1.83%

TSBIX

1D
0.22%
1M
-1.74%
YTD
-0.18%
6M
1.06%
1Y
4.54%
3Y*
4.80%
5Y*
0.67%
10Y*
2.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

BAGSX vs. TSBIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAGSX
BAGSX Risk / Return Rank: 4848
Overall Rank
BAGSX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
BAGSX Sortino Ratio Rank: 4646
Sortino Ratio Rank
BAGSX Omega Ratio Rank: 3535
Omega Ratio Rank
BAGSX Calmar Ratio Rank: 6868
Calmar Ratio Rank
BAGSX Martin Ratio Rank: 4545
Martin Ratio Rank

TSBIX
TSBIX Risk / Return Rank: 6262
Overall Rank
TSBIX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
TSBIX Sortino Ratio Rank: 6060
Sortino Ratio Rank
TSBIX Omega Ratio Rank: 4545
Omega Ratio Rank
TSBIX Calmar Ratio Rank: 8383
Calmar Ratio Rank
TSBIX Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAGSX vs. TSBIX - Risk-Adjusted Trends 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.


BAGSXTSBIXDifference

Sharpe ratio

Return per unit of total volatility

0.99

1.15

-0.16

Sortino ratio

Return per unit of downside risk

1.42

1.64

-0.22

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.03

Calmar ratio

Return relative to maximum drawdown

1.67

2.12

-0.45

Martin ratio

Return relative to average drawdown

4.78

6.29

-1.51

BAGSX vs. TSBIX - Sharpe Ratio Comparison

The current BAGSX Sharpe Ratio is 0.99, which is comparable to the TSBIX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of BAGSX and TSBIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BAGSXTSBIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.99

1.15

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.12

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.38

0.45

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.56

+0.37

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.


Dividends

BAGSX vs. TSBIX - Dividend Comparison

BAGSX's dividend yield for the trailing twelve months is around 3.75%, less than TSBIX's 4.34% yield.


TTM20252024202320222021202020192018201720162015
BAGSX
Baird Aggregate Bond Fund
3.75%3.69%3.62%3.10%2.33%1.68%3.02%2.41%2.53%2.21%1.96%2.14%
TSBIX
TIAA-CREF Core Impact Bond Fund Institutional Class
4.34%5.38%5.10%3.77%2.31%1.69%4.56%3.68%2.63%2.45%3.19%2.89%

Drawdowns

BAGSX vs. TSBIX - Drawdown Comparison

The maximum BAGSX drawdown since its inception was -18.97%, roughly equal to the maximum TSBIX drawdown of -19.21%. Use the drawdown chart below to compare losses from any high point for BAGSX and TSBIX.


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Drawdown Indicators


BAGSXTSBIXDifference

Max Drawdown

Largest peak-to-trough decline

-18.97%

-19.21%

+0.24%

Max Drawdown (1Y)

Largest decline over 1 year

-2.64%

-2.82%

+0.18%

Max Drawdown (5Y)

Largest decline over 5 years

-18.84%

-19.21%

+0.37%

Max Drawdown (10Y)

Largest decline over 10 years

-18.97%

-19.21%

+0.24%

Current Drawdown

Current decline from peak

-1.95%

-2.17%

+0.22%

Average Drawdown

Average peak-to-trough decline

-2.53%

-3.58%

+1.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

0.95%

-0.03%

Volatility

BAGSX vs. TSBIX - Volatility Comparison

Baird Aggregate Bond Fund (BAGSX) has a higher volatility of 1.61% compared to TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) at 1.50%. This indicates that BAGSX's price experiences larger fluctuations and is considered to be riskier than TSBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BAGSXTSBIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.61%

1.50%

+0.11%

Volatility (6M)

Calculated over the trailing 6-month period

2.56%

2.52%

+0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

4.26%

4.32%

-0.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.91%

5.80%

+0.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.89%

4.83%

+0.06%