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:
-0.49
^GSPC:
0.48
BMDSX:
-0.61
^GSPC:
0.80
BMDSX:
0.92
^GSPC:
1.12
BMDSX:
-0.22
^GSPC:
0.49
BMDSX:
-1.03
^GSPC:
1.90
BMDSX:
10.32%
^GSPC:
4.90%
BMDSX:
20.79%
^GSPC:
19.37%
BMDSX:
-63.97%
^GSPC:
-56.78%
BMDSX:
-40.42%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, BMDSX achieves a -6.92% return, which is significantly lower than ^GSPC's -3.70% return. Over the past 10 years, BMDSX has underperformed ^GSPC with an annualized return of 2.49%, while ^GSPC has yielded a comparatively higher 10.43% annualized return.
BMDSX
-6.92%
14.80%
-14.67%
-10.05%
-1.00%
2.49%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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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) and S&P 500 (^GSPC) have volatilities of 10.71% and 11.21%, 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.