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BCOSX vs. AGG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BCOSX and AGG 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.


-0.50.00.51.00.8

Performance

BCOSX vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Core Plus Bond Fund (BCOSX) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

80.00%85.00%90.00%95.00%100.00%105.00%110.00%115.00%JulyAugustSeptemberOctoberNovemberDecember
105.79%
85.09%
BCOSX
AGG

Key characteristics

Sharpe Ratio

BCOSX:

0.44

AGG:

0.30

Sortino Ratio

BCOSX:

0.64

AGG:

0.45

Omega Ratio

BCOSX:

1.08

AGG:

1.05

Calmar Ratio

BCOSX:

0.19

AGG:

0.13

Martin Ratio

BCOSX:

1.34

AGG:

0.86

Ulcer Index

BCOSX:

1.68%

AGG:

1.93%

Daily Std Dev

BCOSX:

5.14%

AGG:

5.49%

Max Drawdown

BCOSX:

-19.23%

AGG:

-18.43%

Current Drawdown

BCOSX:

-7.85%

AGG:

-8.88%

Returns By Period

In the year-to-date period, BCOSX achieves a 1.95% return, which is significantly higher than AGG's 1.37% return. Over the past 10 years, BCOSX has outperformed AGG with an annualized return of 1.75%, while AGG has yielded a comparatively lower 1.38% annualized return.


BCOSX

YTD

1.95%

1M

-0.56%

6M

1.28%

1Y

2.35%

5Y*

-0.01%

10Y*

1.75%

AGG

YTD

1.37%

1M

-0.21%

6M

1.37%

1Y

1.67%

5Y*

-0.32%

10Y*

1.38%

Compare stocks, funds, or ETFs

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BCOSX vs. AGG - Expense Ratio Comparison

BCOSX has a 0.55% expense ratio, which is higher than AGG's 0.05% expense ratio.


BCOSX
Baird Core Plus Bond Fund
Expense ratio chart for BCOSX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for AGG: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

BCOSX vs. AGG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOSX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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 BCOSX, currently valued at 0.44, compared to the broader market-1.000.001.002.003.004.000.440.30
The chart of Sortino ratio for BCOSX, currently valued at 0.64, compared to the broader market-2.000.002.004.006.008.0010.000.640.45
The chart of Omega ratio for BCOSX, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.003.501.081.05
The chart of Calmar ratio for BCOSX, currently valued at 0.19, compared to the broader market0.002.004.006.008.0010.0012.0014.000.190.13
The chart of Martin ratio for BCOSX, currently valued at 1.34, compared to the broader market0.0020.0040.0060.001.340.86
BCOSX
AGG

The current BCOSX Sharpe Ratio is 0.44, which is higher than the AGG Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of BCOSX and AGG, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.44
0.30
BCOSX
AGG

Dividends

BCOSX vs. AGG - Dividend Comparison

BCOSX's dividend yield for the trailing twelve months is around 3.26%, less than AGG's 3.74% yield.


TTM20232022202120202019201820172016201520142013
BCOSX
Baird Core Plus Bond Fund
3.26%3.16%2.68%2.01%2.22%2.61%2.74%2.48%2.47%2.50%2.63%2.83%
AGG
iShares Core U.S. Aggregate Bond ETF
3.74%3.13%2.39%1.77%2.14%2.70%2.96%2.32%2.39%2.45%2.40%2.32%

Drawdowns

BCOSX vs. AGG - Drawdown Comparison

The maximum BCOSX drawdown since its inception was -19.23%, roughly equal to the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BCOSX and AGG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-7.85%
-8.88%
BCOSX
AGG

Volatility

BCOSX vs. AGG - Volatility Comparison

The current volatility for Baird Core Plus Bond Fund (BCOSX) is 1.43%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.61%. This indicates that BCOSX experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.43%
1.61%
BCOSX
AGG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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