BIMIX vs. DODIX
Compare and contrast key facts about Baird Intermediate Bond Fund Class Institutional (BIMIX) and Dodge & Cox Income Fund (DODIX).
BIMIX is managed by Baird. It was launched on Sep 29, 2000. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMIX or DODIX.
Key characteristics
BIMIX | DODIX | |
---|---|---|
YTD Return | 0.18% | -0.24% |
1Y Return | 3.91% | 5.10% |
3Y Return (Ann) | -1.00% | -0.90% |
5Y Return (Ann) | 1.39% | 1.91% |
10Y Return (Ann) | 1.88% | 2.59% |
Sharpe Ratio | 0.86 | 0.76 |
Daily Std Dev | 4.32% | 6.46% |
Max Drawdown | -12.76% | -16.38% |
Current Drawdown | -4.70% | -5.57% |
Correlation
The correlation between BIMIX and DODIX 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
BIMIX vs. DODIX - Performance Comparison
In the year-to-date period, BIMIX achieves a 0.18% return, which is significantly higher than DODIX's -0.24% return. Over the past 10 years, BIMIX has underperformed DODIX with an annualized return of 1.88%, while DODIX has yielded a comparatively higher 2.59% 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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BIMIX vs. DODIX - Expense Ratio Comparison
Risk-Adjusted Performance
BIMIX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund Class Institutional (BIMIX) and Dodge & Cox Income Fund (DODIX). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Baird Intermediate Bond Fund Class Institutional | 0.86 | ||||
Dodge & Cox Income Fund | 0.76 |
Dividends
BIMIX vs. DODIX - Dividend Comparison
BIMIX's dividend yield for the trailing twelve months is around 3.41%, less than DODIX's 4.06% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Baird Intermediate Bond Fund Class Institutional | 3.41% | 3.21% | 2.17% | 2.27% | 3.49% | 2.52% | 2.50% | 2.35% | 2.47% | 2.57% | 2.54% | 2.65% |
Dodge & Cox Income Fund | 4.06% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 4.15% | 3.07% |
Drawdowns
BIMIX vs. DODIX - Drawdown Comparison
The maximum BIMIX drawdown since its inception was -12.76%, smaller than the maximum DODIX drawdown of -16.38%. The drawdown chart below compares losses from any high point along the way for BIMIX and DODIX
Volatility
BIMIX vs. DODIX - Volatility Comparison
The current volatility for Baird Intermediate Bond Fund Class Institutional (BIMIX) is 0.96%, while Dodge & Cox Income Fund (DODIX) has a volatility of 2.01%. This indicates that BIMIX experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.