BIMSX vs. VGIT
BIMSX (Baird Intermediate Bond Fund) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both funds - BIMSX is a Intermediate Core Bond fund managed by Baird, while VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index. Over the past 10 years, BIMSX returned 1.95%/yr vs 1.20%/yr for VGIT. Their correlation of 0.90 suggests significant overlap in exposure. BIMSX charges 0.55%/yr vs 0.03%/yr for VGIT.
Performance
BIMSX vs. VGIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIMSX achieves a 0.27% return, which is significantly higher than VGIT's -0.29% return. Over the past 10 years, BIMSX has outperformed VGIT with an annualized return of 1.95%, while VGIT has yielded a comparatively lower 1.20% annualized return.
BIMSX
- 1D
- 0.36%
- 1M
- 0.68%
- YTD
- 0.27%
- 6M
- 0.71%
- 1Y
- 4.00%
- 3Y*
- 4.59%
- 5Y*
- 1.03%
- 10Y*
- 1.95%
VGIT
- 1D
- -0.12%
- 1M
- 0.67%
- YTD
- -0.29%
- 6M
- 0.04%
- 1Y
- 3.43%
- 3Y*
- 3.69%
- 5Y*
- 0.01%
- 10Y*
- 1.20%
BIMSX vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIMSX Baird Intermediate Bond Fund | 0.27% | 6.76% | 3.21% | 5.53% | -8.88% | -1.68% | 7.16% | 6.83% | 0.30% | 2.53% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.29% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 1.35% | 1.70% |
Correlation
The correlation between BIMSX and VGIT is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2009 | 0.90 |
The correlation between BIMSX and VGIT has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BIMSX vs. VGIT — Risk / Return Rank
BIMSX
VGIT
BIMSX vs. VGIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund (BIMSX) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BIMSX | VGIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.17 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 1.13 | +1.02 |
| Martin ratioReturn relative to average drawdown | 6.36 | 3.18 | +3.19 |
Loading charts...
Drawdowns
BIMSX vs. VGIT - Drawdown Comparison
The maximum BIMSX drawdown since its inception was -13.07%, smaller than the maximum VGIT drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for BIMSX and VGIT.
Loading charts...
Drawdown Indicators
| BIMSX | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.07% | -16.05% | +2.98% |
Max Drawdown (1Y)Largest decline over 1 year | -1.87% | -2.83% | +0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -2.57% | -4.34% | +1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -13.00% | -15.02% | +2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -13.07% | -16.05% | +2.98% |
Current DrawdownCurrent decline from peak | -0.89% | -2.22% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -1.59% | -3.52% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 1.01% | -0.38% |
Volatility
BIMSX vs. VGIT - Volatility Comparison
The current volatility for Baird Intermediate Bond Fund (BIMSX) is 0.88%, while Vanguard Intermediate-Term Treasury ETF (VGIT) has a volatility of 1.15%. This indicates that BIMSX experiences smaller price fluctuations and is considered to be less risky than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIMSX | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.88% | 1.15% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 1.84% | 2.40% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.50% | 3.34% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.88% | 5.38% | -1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.25% | 4.50% | -1.25% |
BIMSX vs. VGIT - Expense Ratio Comparison
BIMSX has a 0.55% expense ratio, which is higher than VGIT's 0.03% expense ratio.
Dividends
BIMSX vs. VGIT - Dividend Comparison
BIMSX's dividend yield for the trailing twelve months is around 3.59%, less than VGIT's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMSX Baird Intermediate Bond Fund | 3.59% | 3.50% | 3.44% | 2.81% | 1.81% | 1.90% | 3.08% | 2.16% | 2.14% | 1.98% | 1.89% | 2.21% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.86% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
With a correlation of 0.94, BIMSX and VGIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VGIT has higher volatility (1.15%) compared to BIMSX (0.88%). In terms of maximum drawdown, BIMSX dropped -13.07% vs VGIT's -16.05%.
BIMSX currently has the higher Sharpe Ratio (1.61 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BIMSX and VGIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer