BAGSX vs. VCRB

Last updated Apr 2, 2026

Compare and contrast key facts about Baird Aggregate Bond Fund (BAGSX) and Vanguard Core Bond ETF (VCRB).

BAGSX is managed by Baird. It was launched on Sep 29, 2000. VCRB is an actively managed fund by Vanguard. It was launched on Dec 14, 2023.

Performance

BAGSX vs. VCRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Aggregate Bond Fund (BAGSX) and Vanguard Core Bond ETF (VCRB). The values are adjusted to include any dividend payments, if applicable.

BAGSX vs. VCRB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAGSX Baird Aggregate Bond Fund	-0.11%	7.11%	1.63%	0.60%
VCRB Vanguard Core Bond ETF	0.07%	7.56%	2.21%	0.65%

Returns By Period

In the year-to-date period, BAGSX achieves a -0.11% return, which is significantly lower than VCRB's 0.07% 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%

VCRB

• 1D: 0.06%
• 1M: -1.38%
• YTD: 0.07%
• 6M: 0.78%
• 1Y: 4.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAGSX vs. VCRB - Expense Ratio Comparison

BAGSX has a 0.55% expense ratio, which is higher than VCRB's 0.10% expense ratio.

BAGSX

Baird Aggregate Bond Fund

VCRB

Vanguard Core Bond ETF

Return for Risk

BAGSX vs. VCRB — Risk / Return Rank

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

BAGSX

BAGSX Risk / Return Rank: 48
BAGSX Sharpe Ratio Rank: 48
BAGSX Sortino Ratio Rank: 46
BAGSX Omega Ratio Rank: 35
BAGSX Calmar Ratio Rank: 68
BAGSX Martin Ratio Rank: 45

VCRB

VCRB Risk / Return Rank: 53
VCRB Sharpe Ratio Rank: 55
VCRB Sortino Ratio Rank: 52
VCRB Omega Ratio Rank: 45
VCRB Calmar Ratio Rank: 63
VCRB Martin Ratio Rank: 48

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. VCRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Aggregate Bond Fund (BAGSX) and Vanguard Core Bond ETF (VCRB). 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.

	BAGSX	VCRB	Difference
Sharpe ratio Return per unit of total volatility	0.99	1.02	-0.02
Sortino ratio Return per unit of downside risk	1.42	1.44	-0.02
Omega ratio Gain probability vs. loss probability	1.18	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.67	1.66	+0.01
Martin ratio Return relative to average drawdown	4.78	4.83	-0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAGSX vs. VCRB - Sharpe Ratio Comparison

The current BAGSX Sharpe Ratio is 0.99, which is comparable to the VCRB Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of BAGSX and VCRB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BAGSX	VCRB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	1.02	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.95	-0.03

Correlation

The correlation between BAGSX and VCRB is 0.95, 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. VCRB - Dividend Comparison

BAGSX's dividend yield for the trailing twelve months is around 3.75%, less than VCRB's 4.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VCRB Vanguard Core Bond ETF	4.59%	4.55%	4.22%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BAGSX vs. VCRB - Drawdown Comparison

The maximum BAGSX drawdown since its inception was -18.97%, which is greater than VCRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for BAGSX and VCRB.

Drawdown Indicators

	BAGSX	VCRB	Difference
Max Drawdown Largest peak-to-trough decline	-18.97%	-4.59%	-14.38%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-2.77%	+0.13%
Max Drawdown (5Y) Largest decline over 5 years	-18.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.97%	—	—
Current Drawdown Current decline from peak	-1.95%	-1.79%	-0.16%
Average Drawdown Average peak-to-trough decline	-2.53%	-1.14%	-1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	0.95%	-0.03%

Volatility

BAGSX vs. VCRB - Volatility Comparison

Baird Aggregate Bond Fund (BAGSX) and Vanguard Core Bond ETF (VCRB) have volatilities of 1.61% and 1.66%, 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.

Volatility by Period

	BAGSX	VCRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	1.66%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	2.56%	2.49%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	4.26%	4.34%	-0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.91%	4.82%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.89%	4.82%	+0.07%