BIMSX vs. VCIT
Compare and contrast key facts about Baird Intermediate Bond Fund (BIMSX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
BIMSX is managed by Baird. It was launched on Sep 29, 2000. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMSX or VCIT.
Key characteristics
| BIMSX | VCIT | |
|---|---|---|
| YTD Return | -1.65% | -2.74% |
| 1Y Return | 0.75% | 1.40% |
| 3Y Return (Ann) | -1.92% | -2.71% |
| 5Y Return (Ann) | 0.72% | 1.07% |
| 10Y Return (Ann) | 1.41% | 2.45% |
| Sharpe Ratio | 0.13 | 0.15 |
| Daily Std Dev | 4.35% | 7.10% |
| Max Drawdown | -13.07% | -20.56% |
| Current Drawdown | -7.02% | -10.64% |
Correlation
The correlation between BIMSX and VCIT is 0.81, 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. VCIT - Performance Comparison
In the year-to-date period, BIMSX achieves a -1.65% return, which is significantly higher than VCIT's -2.74% return. Over the past 10 years, BIMSX has underperformed VCIT with an annualized return of 1.41%, while VCIT has yielded a comparatively higher 2.45% 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. VCIT - Expense Ratio Comparison
BIMSX has a 0.55% expense ratio, which is higher than VCIT's 0.04% expense ratio.
Risk-Adjusted Performance
BIMSX vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund (BIMSX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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. VCIT - Dividend Comparison
BIMSX's dividend yield for the trailing twelve months is around 2.82%, less than VCIT's 4.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMSX Baird Intermediate Bond Fund | 2.82% | 2.81% | 1.81% | 1.90% | 3.08% | 2.16% | 2.14% | 1.98% | 2.11% | 2.21% | 2.20% | 2.30% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.06% | 3.72% | 3.03% | 2.87% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% | 4.00% |
Drawdowns
BIMSX vs. VCIT - Drawdown Comparison
The maximum BIMSX drawdown since its inception was -13.07%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for BIMSX and VCIT. For additional features, visit the drawdowns tool.
Volatility
BIMSX vs. VCIT - Volatility Comparison
The current volatility for Baird Intermediate Bond Fund (BIMSX) is 1.17%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 1.89%. This indicates that BIMSX experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.