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BMNSX vs. BIMSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BMNSX vs. BIMSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Core Intermediate Municipal Bond Fund (BMNSX) and Baird Intermediate Bond Fund (BIMSX). The values are adjusted to include any dividend payments, if applicable.

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BMNSX vs. BIMSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BMNSX
Baird Core Intermediate Municipal Bond Fund
0.03%4.63%2.26%5.28%-6.40%1.44%5.02%6.40%1.05%5.00%
BIMSX
Baird Intermediate Bond Fund
-0.14%6.76%3.21%5.53%-8.88%-1.68%7.16%6.83%0.30%2.53%

Returns By Period

In the year-to-date period, BMNSX achieves a 0.03% return, which is significantly higher than BIMSX's -0.14% return. Over the past 10 years, BMNSX has outperformed BIMSX with an annualized return of 2.25%, while BIMSX has yielded a comparatively lower 2.04% annualized return.


BMNSX

1D
0.19%
1M
-1.52%
YTD
0.03%
6M
1.45%
1Y
4.10%
3Y*
3.37%
5Y*
1.40%
10Y*
2.25%

BIMSX

1D
0.18%
1M
-0.95%
YTD
-0.14%
6M
0.79%
1Y
4.07%
3Y*
4.31%
5Y*
1.16%
10Y*
2.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BMNSX vs. BIMSX - Expense Ratio Comparison

Both BMNSX and BIMSX have an expense ratio of 0.55%.


Return for Risk

BMNSX vs. BIMSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMNSX
BMNSX Risk / Return Rank: 7171
Overall Rank
BMNSX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
BMNSX Sortino Ratio Rank: 7373
Sortino Ratio Rank
BMNSX Omega Ratio Rank: 9191
Omega Ratio Rank
BMNSX Calmar Ratio Rank: 5555
Calmar Ratio Rank
BMNSX Martin Ratio Rank: 5757
Martin Ratio Rank

BIMSX
BIMSX Risk / Return Rank: 8181
Overall Rank
BIMSX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
BIMSX Sortino Ratio Rank: 8383
Sortino Ratio Rank
BIMSX Omega Ratio Rank: 7373
Omega Ratio Rank
BIMSX Calmar Ratio Rank: 8686
Calmar Ratio Rank
BIMSX Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMNSX vs. BIMSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Core Intermediate Municipal Bond Fund (BMNSX) and Baird Intermediate Bond Fund (BIMSX). 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.


BMNSXBIMSXDifference

Sharpe ratio

Return per unit of total volatility

1.46

1.50

-0.03

Sortino ratio

Return per unit of downside risk

1.92

2.23

-0.31

Omega ratio

Gain probability vs. loss probability

1.44

1.29

+0.15

Calmar ratio

Return relative to maximum drawdown

1.48

2.33

-0.85

Martin ratio

Return relative to average drawdown

6.01

8.69

-2.69

BMNSX vs. BIMSX - Sharpe Ratio Comparison

The current BMNSX Sharpe Ratio is 1.46, which is comparable to the BIMSX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of BMNSX and BIMSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BMNSXBIMSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

1.50

-0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.30

+0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.63

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

1.09

-0.25

Correlation

The correlation between BMNSX and BIMSX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

BMNSX vs. BIMSX - Dividend Comparison

BMNSX's dividend yield for the trailing twelve months is around 3.23%, less than BIMSX's 3.56% yield.


TTM20252024202320222021202020192018201720162015
BMNSX
Baird Core Intermediate Municipal Bond Fund
3.23%3.22%3.12%2.74%1.67%1.34%1.99%2.15%2.01%1.71%1.39%0.59%
BIMSX
Baird Intermediate Bond Fund
3.56%3.50%3.44%2.81%1.81%1.90%3.08%2.16%2.14%1.98%1.89%2.21%

Drawdowns

BMNSX vs. BIMSX - Drawdown Comparison

The maximum BMNSX drawdown since its inception was -10.24%, smaller than the maximum BIMSX drawdown of -13.07%. Use the drawdown chart below to compare losses from any high point for BMNSX and BIMSX.


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Drawdown Indicators


BMNSXBIMSXDifference

Max Drawdown

Largest peak-to-trough decline

-10.24%

-13.07%

+2.83%

Max Drawdown (1Y)

Largest decline over 1 year

-3.11%

-1.87%

-1.24%

Max Drawdown (5Y)

Largest decline over 5 years

-10.24%

-13.00%

+2.76%

Max Drawdown (10Y)

Largest decline over 10 years

-10.24%

-13.07%

+2.83%

Current Drawdown

Current decline from peak

-1.71%

-1.30%

-0.41%

Average Drawdown

Average peak-to-trough decline

-1.67%

-1.59%

-0.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.77%

0.50%

+0.27%

Volatility

BMNSX vs. BIMSX - Volatility Comparison

The current volatility for Baird Core Intermediate Municipal Bond Fund (BMNSX) is 0.83%, while Baird Intermediate Bond Fund (BIMSX) has a volatility of 1.03%. This indicates that BMNSX experiences smaller price fluctuations and is considered to be less risky than BIMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BMNSXBIMSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.83%

1.03%

-0.20%

Volatility (6M)

Calculated over the trailing 6-month period

1.15%

1.67%

-0.52%

Volatility (1Y)

Calculated over the trailing 1-year period

3.03%

2.80%

+0.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.67%

3.86%

-1.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.00%

3.24%

-0.24%