BIMIX vs. FEDUX
Compare and contrast key facts about Baird Intermediate Bond Fund Class Institutional (BIMIX) and Fidelity Education Income Fund (FEDUX).
BIMIX is managed by Baird. It was launched on Sep 29, 2000. FEDUX is managed by Fidelity. It was launched on Mar 16, 2021.
Performance
BIMIX vs. FEDUX - Performance Comparison
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BIMIX vs. FEDUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BIMIX Baird Intermediate Bond Fund Class Institutional | -0.34% | 6.69% | 3.45% | 5.78% | -8.64% | -0.54% |
FEDUX Fidelity Education Income Fund | -0.19% | 6.40% | -0.29% | 1.62% | -8.38% | -1.27% |
Returns By Period
In the year-to-date period, BIMIX achieves a -0.34% return, which is significantly lower than FEDUX's -0.19% return.
BIMIX
- 1D
- 0.19%
- 1M
- -1.23%
- YTD
- -0.34%
- 6M
- 0.62%
- 1Y
- 4.02%
- 3Y*
- 4.36%
- 5Y*
- 1.30%
- 10Y*
- 2.23%
FEDUX
- 1D
- 0.11%
- 1M
- -0.97%
- YTD
- -0.19%
- 6M
- 0.82%
- 1Y
- 3.87%
- 3Y*
- 2.13%
- 5Y*
- —
- 10Y*
- —
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BIMIX vs. FEDUX - Expense Ratio Comparison
BIMIX has a 0.30% expense ratio, which is higher than FEDUX's 0.00% expense ratio.
Return for Risk
BIMIX vs. FEDUX — Risk / Return Rank
BIMIX
FEDUX
BIMIX vs. FEDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund Class Institutional (BIMIX) and Fidelity Education Income Fund (FEDUX). 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.
| BIMIX | FEDUX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.52 | -0.03 |
Sortino ratioReturn per unit of downside risk | 2.18 | 2.41 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.30 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.62 | -0.58 |
Martin ratioReturn relative to average drawdown | 8.17 | 9.52 | -1.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BIMIX | FEDUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.52 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.17 | -0.18 | +1.35 |
Correlation
The correlation between BIMIX and FEDUX 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
BIMIX vs. FEDUX - Dividend Comparison
BIMIX's dividend yield for the trailing twelve months is around 3.67%, less than FEDUX's 4.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMIX Baird Intermediate Bond Fund Class Institutional | 3.67% | 3.67% | 3.89% | 3.21% | 2.17% | 2.27% | 3.49% | 2.52% | 2.50% | 2.35% | 2.21% | 2.57% |
FEDUX Fidelity Education Income Fund | 4.04% | 4.43% | 0.36% | 0.71% | 0.00% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BIMIX vs. FEDUX - Drawdown Comparison
The maximum BIMIX drawdown since its inception was -12.76%, which is greater than FEDUX's maximum drawdown of -12.00%. Use the drawdown chart below to compare losses from any high point for BIMIX and FEDUX.
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Drawdown Indicators
| BIMIX | FEDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.76% | -12.00% | -0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -1.72% | -0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -12.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -12.76% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -2.96% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -6.60% | +5.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 0.47% | +0.05% |
Volatility
BIMIX vs. FEDUX - Volatility Comparison
Baird Intermediate Bond Fund Class Institutional (BIMIX) has a higher volatility of 1.05% compared to Fidelity Education Income Fund (FEDUX) at 0.77%. This indicates that BIMIX's price experiences larger fluctuations and is considered to be riskier than FEDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIMIX | FEDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.05% | 0.77% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 1.65% | 1.68% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.79% | 2.68% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.87% | 3.14% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.25% | 3.14% | +0.11% |