BKAG vs. BAGSX
Compare and contrast key facts about BNY Mellon Core Bond ETF (BKAG) and Baird Aggregate Bond Fund (BAGSX).
BKAG is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Bloomberg Barclays US Aggregate Bond Index. It was launched on Apr 24, 2020. BAGSX is managed by Baird. It was launched on Sep 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKAG or BAGSX.
Correlation
The correlation between BKAG and BAGSX is 0.96, 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
BKAG vs. BAGSX - Performance Comparison
Key characteristics
BKAG:
1.30
BAGSX:
1.28
BKAG:
1.91
BAGSX:
1.91
BKAG:
1.22
BAGSX:
1.22
BKAG:
0.52
BAGSX:
0.50
BKAG:
3.19
BAGSX:
3.33
BKAG:
2.14%
BAGSX:
2.04%
BKAG:
5.27%
BAGSX:
5.29%
BKAG:
-18.53%
BAGSX:
-19.80%
BKAG:
-7.34%
BAGSX:
-7.69%
Returns By Period
In the year-to-date period, BKAG achieves a 2.01% return, which is significantly higher than BAGSX's 1.75% return.
BKAG
2.01%
-0.60%
0.15%
6.55%
N/A
N/A
BAGSX
1.75%
-0.48%
0.07%
6.35%
-0.76%
1.35%
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BKAG vs. BAGSX - Expense Ratio Comparison
BKAG has a 0.00% expense ratio, which is lower than BAGSX's 0.55% expense ratio.
Risk-Adjusted Performance
BKAG vs. BAGSX — Risk-Adjusted Performance Rank
BKAG
BAGSX
BKAG vs. BAGSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Bond ETF (BKAG) and Baird Aggregate Bond Fund (BAGSX). 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
BKAG vs. BAGSX - Dividend Comparison
BKAG's dividend yield for the trailing twelve months is around 4.18%, more than BAGSX's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKAG BNY Mellon Core Bond ETF | 4.18% | 4.26% | 3.33% | 2.49% | 1.55% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BAGSX Baird Aggregate Bond Fund | 3.67% | 3.63% | 3.10% | 2.33% | 1.58% | 1.94% | 2.41% | 2.53% | 2.21% | 2.14% | 2.17% | 2.53% |
Drawdowns
BKAG vs. BAGSX - Drawdown Comparison
The maximum BKAG drawdown since its inception was -18.53%, smaller than the maximum BAGSX drawdown of -19.80%. Use the drawdown chart below to compare losses from any high point for BKAG and BAGSX. For additional features, visit the drawdowns tool.
Volatility
BKAG vs. BAGSX - Volatility Comparison
BNY Mellon Core Bond ETF (BKAG) and Baird Aggregate Bond Fund (BAGSX) have volatilities of 2.05% and 1.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.