BCOIX vs. FBND
Compare and contrast key facts about Baird Core Plus Bond Fund (BCOIX) and Fidelity Total Bond ETF (FBND).
BCOIX is managed by Baird. It was launched on Sep 29, 2000. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCOIX or FBND.
Correlation
The correlation between BCOIX and FBND is 0.84, 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
BCOIX vs. FBND - Performance Comparison
Key characteristics
BCOIX:
1.46
FBND:
1.34
BCOIX:
2.17
FBND:
1.95
BCOIX:
1.26
FBND:
1.23
BCOIX:
0.63
FBND:
0.70
BCOIX:
4.01
FBND:
3.87
BCOIX:
1.81%
FBND:
1.86%
BCOIX:
4.97%
FBND:
5.37%
BCOIX:
-18.87%
FBND:
-17.25%
BCOIX:
-5.05%
FBND:
-4.03%
Returns By Period
In the year-to-date period, BCOIX achieves a 1.70% return, which is significantly higher than FBND's 1.59% return. Over the past 10 years, BCOIX has underperformed FBND with an annualized return of 1.93%, while FBND has yielded a comparatively higher 2.08% annualized return.
BCOIX
1.70%
-0.73%
0.24%
7.03%
0.05%
1.93%
FBND
1.59%
-1.02%
-0.04%
6.84%
0.43%
2.08%
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BCOIX vs. FBND - Expense Ratio Comparison
BCOIX has a 0.30% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
BCOIX vs. FBND — Risk-Adjusted Performance Rank
BCOIX
FBND
BCOIX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOIX) and Fidelity Total Bond ETF (FBND). 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
BCOIX vs. FBND - Dividend Comparison
BCOIX's dividend yield for the trailing twelve months is around 4.20%, less than FBND's 4.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCOIX Baird Core Plus Bond Fund | 4.20% | 4.15% | 3.57% | 3.09% | 2.36% | 2.58% | 2.95% | 3.13% | 2.83% | 2.82% | 2.84% | 3.00% |
FBND Fidelity Total Bond ETF | 4.66% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
BCOIX vs. FBND - Drawdown Comparison
The maximum BCOIX drawdown since its inception was -18.87%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for BCOIX and FBND. For additional features, visit the drawdowns tool.
Volatility
BCOIX vs. FBND - Volatility Comparison
The current volatility for Baird Core Plus Bond Fund (BCOIX) is 1.88%, while Fidelity Total Bond ETF (FBND) has a volatility of 2.16%. This indicates that BCOIX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.