BSNSX vs. BCOIX
Compare and contrast key facts about Baird Strategic Municipal Bond Fund (BSNSX) and Baird Core Plus Bond Fund (BCOIX).
BSNSX is managed by Baird. It was launched on Nov 14, 2019. BCOIX is managed by Baird. It was launched on Sep 29, 2000.
Performance
BSNSX vs. BCOIX - Performance Comparison
Loading graphics...
BSNSX vs. BCOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BSNSX Baird Strategic Municipal Bond Fund | 0.24% | 4.83% | 2.92% | 6.53% | -5.54% | 2.00% | 8.13% | 0.85% |
BCOIX Baird Core Plus Bond Fund | -0.16% | 7.47% | 2.54% | 6.89% | -12.86% | -1.02% | 8.80% | 0.55% |
Returns By Period
In the year-to-date period, BSNSX achieves a 0.24% return, which is significantly higher than BCOIX's -0.16% return.
BSNSX
- 1D
- 0.19%
- 1M
- -1.32%
- YTD
- 0.24%
- 6M
- 1.50%
- 1Y
- 4.30%
- 3Y*
- 3.97%
- 5Y*
- 1.99%
- 10Y*
- —
BCOIX
- 1D
- 0.20%
- 1M
- -1.46%
- YTD
- -0.16%
- 6M
- 0.74%
- 1Y
- 4.27%
- 3Y*
- 4.51%
- 5Y*
- 0.85%
- 10Y*
- 2.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSNSX vs. BCOIX - Expense Ratio Comparison
BSNSX has a 0.55% expense ratio, which is higher than BCOIX's 0.30% expense ratio.
Return for Risk
BSNSX vs. BCOIX — Risk / Return Rank
BSNSX
BCOIX
BSNSX vs. BCOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Strategic Municipal Bond Fund (BSNSX) and Baird Core Plus Bond Fund (BCOIX). 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.
| BSNSX | BCOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.65 | 1.12 | +0.53 |
Sortino ratioReturn per unit of downside risk | 2.15 | 1.60 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.20 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.88 | -0.23 |
Martin ratioReturn relative to average drawdown | 6.94 | 5.68 | +1.26 |
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
| BSNSX | BCOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 1.12 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.15 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 1.07 | -0.17 |
Correlation
The correlation between BSNSX and BCOIX is 0.52, 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
BSNSX vs. BCOIX - Dividend Comparison
BSNSX's dividend yield for the trailing twelve months is around 3.33%, less than BCOIX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSNSX Baird Strategic Municipal Bond Fund | 3.33% | 3.32% | 3.28% | 2.99% | 1.84% | 1.33% | 1.99% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
BCOIX Baird Core Plus Bond Fund | 4.30% | 4.21% | 4.13% | 3.58% | 3.10% | 2.96% | 3.51% | 2.96% | 3.13% | 2.83% | 3.01% | 2.84% |
Drawdowns
BSNSX vs. BCOIX - Drawdown Comparison
The maximum BSNSX drawdown since its inception was -9.77%, smaller than the maximum BCOIX drawdown of -18.13%. Use the drawdown chart below to compare losses from any high point for BSNSX and BCOIX.
Loading graphics...
Drawdown Indicators
| BSNSX | BCOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.77% | -18.13% | +8.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.54% | -0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -9.77% | -18.13% | +8.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.13% | — |
Current DrawdownCurrent decline from peak | -1.51% | -1.84% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -1.60% | -2.19% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 0.84% | -0.15% |
Volatility
BSNSX vs. BCOIX - Volatility Comparison
The current volatility for Baird Strategic Municipal Bond Fund (BSNSX) is 0.76%, while Baird Core Plus Bond Fund (BCOIX) has a volatility of 1.63%. This indicates that BSNSX experiences smaller price fluctuations and is considered to be less risky than BCOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BSNSX | BCOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.76% | 1.63% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 2.53% | -1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.82% | 4.11% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.65% | 5.62% | -2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.39% | 4.66% | -1.27% |