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BSBIX vs. VCSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSBIX and VCSH is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

BSBIX vs. VCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Short-Term Bond Fund Institutional Class (BSBIX) and Vanguard Short-Term Corporate Bond ETF (VCSH). The values are adjusted to include any dividend payments, if applicable.

40.00%45.00%50.00%December2025FebruaryMarchAprilMay
40.17%
52.61%
BSBIX
VCSH

Key characteristics

Sharpe Ratio

BSBIX:

3.37

VCSH:

2.69

Sortino Ratio

BSBIX:

5.46

VCSH:

4.03

Omega Ratio

BSBIX:

1.82

VCSH:

1.56

Calmar Ratio

BSBIX:

8.39

VCSH:

5.00

Martin Ratio

BSBIX:

22.14

VCSH:

14.04

Ulcer Index

BSBIX:

0.25%

VCSH:

0.46%

Daily Std Dev

BSBIX:

1.67%

VCSH:

2.42%

Max Drawdown

BSBIX:

-6.49%

VCSH:

-12.86%

Current Drawdown

BSBIX:

-0.31%

VCSH:

-0.40%

Returns By Period

In the year-to-date period, BSBIX achieves a 1.61% return, which is significantly lower than VCSH's 2.16% return. Over the past 10 years, BSBIX has underperformed VCSH with an annualized return of 2.10%, while VCSH has yielded a comparatively higher 2.46% annualized return.


BSBIX

YTD

1.61%

1M

-0.11%

6M

2.13%

1Y

5.61%

5Y*

1.92%

10Y*

2.10%

VCSH

YTD

2.16%

1M

0.94%

6M

2.38%

1Y

6.48%

5Y*

2.20%

10Y*

2.46%

*Annualized

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BSBIX vs. VCSH - Expense Ratio Comparison

BSBIX has a 0.30% expense ratio, which is higher than VCSH's 0.04% expense ratio.


Risk-Adjusted Performance

BSBIX vs. VCSH — Risk-Adjusted Performance Rank

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

BSBIX
The Risk-Adjusted Performance Rank of BSBIX is 9898
Overall Rank
The Sharpe Ratio Rank of BSBIX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of BSBIX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of BSBIX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of BSBIX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of BSBIX is 9898
Martin Ratio Rank

VCSH
The Risk-Adjusted Performance Rank of VCSH is 9797
Overall Rank
The Sharpe Ratio Rank of VCSH is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of VCSH is 9797
Sortino Ratio Rank
The Omega Ratio Rank of VCSH is 9797
Omega Ratio Rank
The Calmar Ratio Rank of VCSH is 9797
Calmar Ratio Rank
The Martin Ratio Rank of VCSH is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSBIX vs. VCSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Short-Term Bond Fund Institutional Class (BSBIX) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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.


The current BSBIX Sharpe Ratio is 3.37, which is comparable to the VCSH Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of BSBIX and VCSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.00December2025FebruaryMarchAprilMay
3.37
2.69
BSBIX
VCSH

Dividends

BSBIX vs. VCSH - Dividend Comparison

BSBIX's dividend yield for the trailing twelve months is around 4.43%, more than VCSH's 4.13% yield.


TTM20242023202220212020201920182017201620152014
BSBIX
Baird Short-Term Bond Fund Institutional Class
4.43%4.33%3.42%1.77%1.11%1.89%2.50%2.20%1.73%1.61%1.58%1.65%
VCSH
Vanguard Short-Term Corporate Bond ETF
4.13%3.96%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%

Drawdowns

BSBIX vs. VCSH - Drawdown Comparison

The maximum BSBIX drawdown since its inception was -6.49%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for BSBIX and VCSH. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%December2025FebruaryMarchAprilMay
-0.31%
-0.40%
BSBIX
VCSH

Volatility

BSBIX vs. VCSH - Volatility Comparison

The current volatility for Baird Short-Term Bond Fund Institutional Class (BSBIX) is 0.65%, while Vanguard Short-Term Corporate Bond ETF (VCSH) has a volatility of 1.15%. This indicates that BSBIX experiences smaller price fluctuations and is considered to be less risky than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%December2025FebruaryMarchAprilMay
0.65%
1.15%
BSBIX
VCSH