BMDSX vs. ^GSPC
Compare and contrast key facts about Baird Mid Cap Growth Fund (BMDSX) and S&P 500 (^GSPC).
BMDSX is managed by Baird. It was launched on Dec 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMDSX or ^GSPC.
Correlation
The correlation between BMDSX and ^GSPC is 0.89, 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
BMDSX vs. ^GSPC - Performance Comparison
Key characteristics
BMDSX:
-0.21
^GSPC:
1.83
BMDSX:
-0.19
^GSPC:
2.47
BMDSX:
0.98
^GSPC:
1.33
BMDSX:
-0.09
^GSPC:
2.76
BMDSX:
-0.49
^GSPC:
11.27
BMDSX:
6.62%
^GSPC:
2.08%
BMDSX:
15.25%
^GSPC:
12.79%
BMDSX:
-63.97%
^GSPC:
-56.78%
BMDSX:
-35.09%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, BMDSX achieves a 1.41% return, which is significantly lower than ^GSPC's 3.96% return. Over the past 10 years, BMDSX has underperformed ^GSPC with an annualized return of 3.44%, while ^GSPC has yielded a comparatively higher 11.33% annualized return.
BMDSX
1.41%
-1.42%
-0.83%
-5.27%
-1.07%
3.44%
^GSPC
3.96%
1.97%
10.09%
22.16%
12.70%
11.33%
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Risk-Adjusted Performance
BMDSX vs. ^GSPC — Risk-Adjusted Performance Rank
BMDSX
^GSPC
BMDSX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Mid Cap Growth Fund (BMDSX) and S&P 500 (^GSPC). 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.
Drawdowns
BMDSX vs. ^GSPC - Drawdown Comparison
The maximum BMDSX drawdown since its inception was -63.97%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BMDSX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BMDSX vs. ^GSPC - Volatility Comparison
Baird Mid Cap Growth Fund (BMDSX) has a higher volatility of 3.74% compared to S&P 500 (^GSPC) at 3.21%. This indicates that BMDSX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.