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BCOSX vs. TGRNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BCOSX vs. TGRNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Core Plus Bond Fund (BCOSX) and TIAA-CREF Green Bond Fund (TGRNX). The values are adjusted to include any dividend payments, if applicable.

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BCOSX vs. TGRNX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
BCOSX
Baird Core Plus Bond Fund
-0.40%7.22%2.26%6.60%-13.09%-1.23%8.59%9.69%1.47%
TGRNX
TIAA-CREF Green Bond Fund
-0.72%6.76%3.08%5.73%-13.43%-0.60%8.57%9.15%1.43%

Returns By Period

In the year-to-date period, BCOSX achieves a -0.40% return, which is significantly higher than TGRNX's -0.72% return.


BCOSX

1D
0.47%
1M
-2.04%
YTD
-0.40%
6M
0.67%
1Y
4.08%
3Y*
4.18%
5Y*
0.63%
10Y*
2.23%

TGRNX

1D
0.33%
1M
-2.15%
YTD
-0.72%
6M
0.14%
1Y
3.91%
3Y*
3.82%
5Y*
0.43%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BCOSX vs. TGRNX - Expense Ratio Comparison

BCOSX has a 0.55% expense ratio, which is higher than TGRNX's 0.45% expense ratio.


Return for Risk

BCOSX vs. TGRNX — Risk / Return Rank

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

BCOSX
BCOSX Risk / Return Rank: 6060
Overall Rank
BCOSX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
BCOSX Sortino Ratio Rank: 5858
Sortino Ratio Rank
BCOSX Omega Ratio Rank: 4545
Omega Ratio Rank
BCOSX Calmar Ratio Rank: 7979
Calmar Ratio Rank
BCOSX Martin Ratio Rank: 6161
Martin Ratio Rank

TGRNX
TGRNX Risk / Return Rank: 7373
Overall Rank
TGRNX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
TGRNX Sortino Ratio Rank: 7777
Sortino Ratio Rank
TGRNX Omega Ratio Rank: 6363
Omega Ratio Rank
TGRNX Calmar Ratio Rank: 8080
Calmar Ratio Rank
TGRNX Martin Ratio Rank: 7373
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.

BCOSX vs. TGRNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOSX) and TIAA-CREF Green Bond Fund (TGRNX). 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.


BCOSXTGRNXDifference

Sharpe ratio

Return per unit of total volatility

1.05

1.32

-0.28

Sortino ratio

Return per unit of downside risk

1.50

1.94

-0.44

Omega ratio

Gain probability vs. loss probability

1.19

1.24

-0.05

Calmar ratio

Return relative to maximum drawdown

1.87

1.92

-0.05

Martin ratio

Return relative to average drawdown

5.79

6.96

-1.17

BCOSX vs. TGRNX - Sharpe Ratio Comparison

The current BCOSX Sharpe Ratio is 1.05, which is comparable to the TGRNX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BCOSX and TGRNX, 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


BCOSXTGRNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.05

1.32

-0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.09

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

0.51

+0.51

Correlation

The correlation between BCOSX and TGRNX is 0.91, 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

BCOSX vs. TGRNX - Dividend Comparison

BCOSX's dividend yield for the trailing twelve months is around 3.84%, less than TGRNX's 3.98% yield.


TTM20252024202320222021202020192018201720162015
BCOSX
Baird Core Plus Bond Fund
3.84%3.75%3.68%3.17%2.69%2.57%3.11%2.60%2.75%2.47%2.27%2.49%
TGRNX
TIAA-CREF Green Bond Fund
3.98%4.31%4.48%3.30%2.69%2.76%4.20%4.38%0.43%0.00%0.00%0.00%

Drawdowns

BCOSX vs. TGRNX - Drawdown Comparison

The maximum BCOSX drawdown since its inception was -18.39%, roughly equal to the maximum TGRNX drawdown of -17.85%. Use the drawdown chart below to compare losses from any high point for BCOSX and TGRNX.


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Drawdown Indicators


BCOSXTGRNXDifference

Max Drawdown

Largest peak-to-trough decline

-18.39%

-17.85%

-0.54%

Max Drawdown (1Y)

Largest decline over 1 year

-2.60%

-2.47%

-0.13%

Max Drawdown (5Y)

Largest decline over 5 years

-18.39%

-17.85%

-0.54%

Max Drawdown (10Y)

Largest decline over 10 years

-18.39%

Current Drawdown

Current decline from peak

-2.04%

-2.15%

+0.11%

Average Drawdown

Average peak-to-trough decline

-2.31%

-5.32%

+3.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.84%

0.68%

+0.16%

Volatility

BCOSX vs. TGRNX - Volatility Comparison

Baird Core Plus Bond Fund (BCOSX) has a higher volatility of 1.52% compared to TIAA-CREF Green Bond Fund (TGRNX) at 1.14%. This indicates that BCOSX's price experiences larger fluctuations and is considered to be riskier than TGRNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BCOSXTGRNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.52%

1.14%

+0.38%

Volatility (6M)

Calculated over the trailing 6-month period

2.41%

2.04%

+0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

4.10%

3.36%

+0.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.60%

4.82%

+0.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.64%

4.84%

-0.20%