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BSNSX vs. FITFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSNSX and FITFX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

BSNSX vs. FITFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baird Strategic Municipal Bond Fund (BSNSX) and Fidelity Flex International Index Fund (FITFX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
1.67%
-2.84%
BSNSX
FITFX

Key characteristics

Sharpe Ratio

BSNSX:

1.36

FITFX:

0.35

Sortino Ratio

BSNSX:

1.88

FITFX:

0.56

Omega Ratio

BSNSX:

1.31

FITFX:

1.07

Calmar Ratio

BSNSX:

1.85

FITFX:

0.40

Martin Ratio

BSNSX:

5.60

FITFX:

1.34

Ulcer Index

BSNSX:

0.51%

FITFX:

3.30%

Daily Std Dev

BSNSX:

2.11%

FITFX:

12.57%

Max Drawdown

BSNSX:

-10.21%

FITFX:

-34.27%

Current Drawdown

BSNSX:

-1.25%

FITFX:

-10.48%

Returns By Period

In the year-to-date period, BSNSX achieves a 2.66% return, which is significantly lower than FITFX's 3.01% return.


BSNSX

YTD

2.66%

1M

-0.39%

6M

1.67%

1Y

2.86%

5Y*

2.44%

10Y*

N/A

FITFX

YTD

3.01%

1M

-3.71%

6M

-2.84%

1Y

4.51%

5Y*

3.75%

10Y*

N/A

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. FITFX - Expense Ratio Comparison

BSNSX has a 0.55% expense ratio, which is higher than FITFX's 0.00% expense ratio.


BSNSX
Baird Strategic Municipal Bond Fund
Expense ratio chart for BSNSX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for FITFX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

BSNSX vs. FITFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baird Strategic Municipal Bond Fund (BSNSX) and Fidelity Flex International Index Fund (FITFX). 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.


Sharpe ratio
The chart of Sharpe ratio for BSNSX, currently valued at 1.36, compared to the broader market-1.000.001.002.003.004.001.360.35
The chart of Sortino ratio for BSNSX, currently valued at 1.88, compared to the broader market-2.000.002.004.006.008.0010.001.880.56
The chart of Omega ratio for BSNSX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.07
The chart of Calmar ratio for BSNSX, currently valued at 1.85, compared to the broader market0.002.004.006.008.0010.0012.0014.001.850.40
The chart of Martin ratio for BSNSX, currently valued at 5.60, compared to the broader market0.0020.0040.0060.005.601.34
BSNSX
FITFX

The current BSNSX Sharpe Ratio is 1.36, which is higher than the FITFX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of BSNSX and FITFX, 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 Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.36
0.35
BSNSX
FITFX

Dividends

BSNSX vs. FITFX - Dividend Comparison

BSNSX's dividend yield for the trailing twelve months is around 3.31%, while FITFX has not paid dividends to shareholders.


TTM2023202220212020201920182017
BSNSX
Baird Strategic Municipal Bond Fund
3.31%2.98%1.80%0.84%1.36%0.15%0.00%0.00%
FITFX
Fidelity Flex International Index Fund
0.00%2.67%2.60%2.25%1.50%3.35%1.92%1.26%

Drawdowns

BSNSX vs. FITFX - Drawdown Comparison

The maximum BSNSX drawdown since its inception was -10.21%, smaller than the maximum FITFX drawdown of -34.27%. Use the drawdown chart below to compare losses from any high point for BSNSX and FITFX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.25%
-10.48%
BSNSX
FITFX

Volatility

BSNSX vs. FITFX - Volatility Comparison

The current volatility for Baird Strategic Municipal Bond Fund (BSNSX) is 0.84%, while Fidelity Flex International Index Fund (FITFX) has a volatility of 4.31%. This indicates that BSNSX experiences smaller price fluctuations and is considered to be less risky than FITFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.84%
4.31%
BSNSX
FITFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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