BSBIX vs. VBISX
Compare and contrast key facts about Baird Short-Term Bond Fund Institutional Class (BSBIX) and Vanguard Short-Term Bond Index Fund (VBISX).
BSBIX is a passively managed fund by Baird that tracks the performance of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index. It was launched on Aug 31, 2004. VBISX is managed by Vanguard. It was launched on Mar 1, 1994.
Performance
BSBIX vs. VBISX - Performance Comparison
Loading graphics...
BSBIX vs. VBISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSBIX Baird Short-Term Bond Fund Institutional Class | 0.27% | 5.67% | 4.99% | 5.65% | -3.64% | -0.42% | 4.23% | 4.68% | 1.49% | 1.53% |
VBISX Vanguard Short-Term Bond Index Fund | -0.24% | 5.67% | 3.66% | 4.54% | -5.61% | -1.35% | 4.63% | 4.78% | 1.27% | 1.10% |
Returns By Period
In the year-to-date period, BSBIX achieves a 0.27% return, which is significantly higher than VBISX's -0.24% return. Over the past 10 years, BSBIX has outperformed VBISX with an annualized return of 2.51%, while VBISX has yielded a comparatively lower 1.77% annualized return.
BSBIX
- 1D
- 0.00%
- 1M
- -0.39%
- YTD
- 0.27%
- 6M
- 1.29%
- 1Y
- 4.15%
- 3Y*
- 5.01%
- 5Y*
- 2.46%
- 10Y*
- 2.51%
VBISX
- 1D
- 0.10%
- 1M
- -0.87%
- YTD
- -0.24%
- 6M
- 0.73%
- 1Y
- 3.56%
- 3Y*
- 3.88%
- 5Y*
- 1.41%
- 10Y*
- 1.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSBIX vs. VBISX - Expense Ratio Comparison
BSBIX has a 0.30% expense ratio, which is higher than VBISX's 0.15% expense ratio.
Return for Risk
BSBIX vs. VBISX — Risk / Return Rank
BSBIX
VBISX
BSBIX vs. VBISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Short-Term Bond Fund Institutional Class (BSBIX) and Vanguard Short-Term Bond Index Fund (VBISX). 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.
| BSBIX | VBISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.02 | 1.53 | +1.49 |
Sortino ratioReturn per unit of downside risk | 4.76 | 2.48 | +2.28 |
Omega ratioGain probability vs. loss probability | 1.81 | 1.30 | +0.50 |
Calmar ratioReturn relative to maximum drawdown | 4.54 | 2.65 | +1.89 |
Martin ratioReturn relative to average drawdown | 20.13 | 9.58 | +10.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BSBIX | VBISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.02 | 1.53 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.28 | 0.49 | +0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.51 | 0.75 | +0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.64 | 1.34 | +0.30 |
Correlation
The correlation between BSBIX and VBISX is 0.70, 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
BSBIX vs. VBISX - Dividend Comparison
BSBIX's dividend yield for the trailing twelve months is around 4.30%, more than VBISX's 3.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSBIX Baird Short-Term Bond Fund Institutional Class | 4.30% | 4.35% | 4.34% | 3.41% | 1.79% | 1.42% | 2.61% | 2.49% | 2.20% | 1.73% | 1.60% | 1.62% |
VBISX Vanguard Short-Term Bond Index Fund | 3.51% | 3.44% | 3.29% | 2.10% | 1.38% | 1.16% | 1.72% | 2.16% | 1.92% | 1.58% | 1.42% | 1.34% |
Drawdowns
BSBIX vs. VBISX - Drawdown Comparison
The maximum BSBIX drawdown since its inception was -5.95%, smaller than the maximum VBISX drawdown of -8.79%. Use the drawdown chart below to compare losses from any high point for BSBIX and VBISX.
Loading graphics...
Drawdown Indicators
| BSBIX | VBISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.95% | -8.79% | +2.84% |
Max Drawdown (1Y)Largest decline over 1 year | -0.94% | -1.54% | +0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -5.95% | -8.72% | +2.77% |
Max Drawdown (10Y)Largest decline over 10 years | -5.95% | -8.79% | +2.84% |
Current DrawdownCurrent decline from peak | -0.59% | -1.16% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -0.55% | -0.87% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 0.43% | -0.22% |
Volatility
BSBIX vs. VBISX - Volatility Comparison
The current volatility for Baird Short-Term Bond Fund Institutional Class (BSBIX) is 0.53%, while Vanguard Short-Term Bond Index Fund (VBISX) has a volatility of 0.71%. This indicates that BSBIX experiences smaller price fluctuations and is considered to be less risky than VBISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BSBIX | VBISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 0.71% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 0.86% | 1.50% | -0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.42% | 2.44% | -1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.93% | 2.91% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.67% | 2.37% | -0.70% |