BCOSX vs. BND
Compare and contrast key facts about Baird Core Plus Bond Fund (BCOSX) and Vanguard Total Bond Market ETF (BND).
BCOSX is managed by Baird. It was launched on Sep 29, 2000. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCOSX or BND.
Key characteristics
| BCOSX | BND | |
|---|---|---|
| YTD Return | -1.83% | -2.34% |
| 1Y Return | 0.55% | -1.01% |
| 3Y Return (Ann) | -2.80% | -3.33% |
| 5Y Return (Ann) | 0.64% | -0.02% |
| 10Y Return (Ann) | 1.76% | 1.21% |
| Sharpe Ratio | 0.30 | -0.09 |
| Daily Std Dev | 6.30% | 6.59% |
| Max Drawdown | -18.39% | -18.84% |
| Current Drawdown | -10.32% | -12.68% |
Correlation
The correlation between BCOSX and BND is 0.87, 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
BCOSX vs. BND - Performance Comparison
In the year-to-date period, BCOSX achieves a -1.83% return, which is significantly higher than BND's -2.34% return. Over the past 10 years, BCOSX has outperformed BND with an annualized return of 1.76%, while BND has yielded a comparatively lower 1.21% 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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BCOSX vs. BND - Expense Ratio Comparison
BCOSX has a 0.55% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
BCOSX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOSX) and Vanguard Total Bond Market ETF (BND). 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
BCOSX vs. BND - Dividend Comparison
BCOSX's dividend yield for the trailing twelve months is around 3.41%, which matches BND's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCOSX Baird Core Plus Bond Fund | 3.41% | 3.17% | 2.69% | 2.57% | 3.11% | 2.60% | 2.75% | 2.47% | 2.65% | 2.49% | 2.63% | 2.90% |
BND Vanguard Total Bond Market ETF | 3.40% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
BCOSX vs. BND - Drawdown Comparison
The maximum BCOSX drawdown since its inception was -18.39%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BCOSX and BND. For additional features, visit the drawdowns tool.
Volatility
BCOSX vs. BND - Volatility Comparison
Baird Core Plus Bond Fund (BCOSX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.87% and 1.89%, 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.