BIMSX vs. FBND
Compare and contrast key facts about Baird Intermediate Bond Fund (BIMSX) and Fidelity Total Bond ETF (FBND).
BIMSX is managed by Baird. It was launched on Sep 29, 2000. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMSX or FBND.
Key characteristics
| BIMSX | FBND | |
|---|---|---|
| YTD Return | 3.29% | 3.10% |
| 1Y Return | 7.68% | 10.11% |
| 3Y Return (Ann) | -0.63% | -1.45% |
| 5Y Return (Ann) | 0.66% | 1.24% |
| 10Y Return (Ann) | 1.50% | 2.31% |
| Sharpe Ratio | 1.94 | 1.52 |
| Sortino Ratio | 2.92 | 2.23 |
| Omega Ratio | 1.37 | 1.28 |
| Calmar Ratio | 0.66 | 0.69 |
| Martin Ratio | 8.35 | 6.36 |
| Ulcer Index | 0.86% | 1.44% |
| Daily Std Dev | 3.70% | 6.02% |
| Max Drawdown | -14.54% | -17.25% |
| Current Drawdown | -4.01% | -4.63% |
Correlation
The correlation between BIMSX and FBND is 0.78, 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
BIMSX vs. FBND - Performance Comparison
In the year-to-date period, BIMSX achieves a 3.29% return, which is significantly higher than FBND's 3.10% return. Over the past 10 years, BIMSX has underperformed FBND with an annualized return of 1.50%, while FBND has yielded a comparatively higher 2.31% 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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BIMSX vs. FBND - Expense Ratio Comparison
BIMSX has a 0.55% expense ratio, which is higher than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
BIMSX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund (BIMSX) and Fidelity Total Bond ETF (FBND). 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
BIMSX vs. FBND - Dividend Comparison
BIMSX's dividend yield for the trailing twelve months is around 3.35%, less than FBND's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMSX Baird Intermediate Bond Fund | 3.35% | 2.80% | 1.83% | 1.24% | 1.83% | 2.17% | 2.13% | 1.95% | 1.90% | 1.93% | 2.06% | 2.16% |
FBND Fidelity Total Bond ETF | 4.57% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% | 0.00% |
Drawdowns
BIMSX vs. FBND - Drawdown Comparison
The maximum BIMSX drawdown since its inception was -14.54%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for BIMSX and FBND. For additional features, visit the drawdowns tool.
Volatility
BIMSX vs. FBND - Volatility Comparison
The current volatility for Baird Intermediate Bond Fund (BIMSX) is 0.94%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.56%. This indicates that BIMSX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.