BSNSX vs. VTEB
Compare and contrast key facts about Baird Strategic Municipal Bond Fund (BSNSX) and Vanguard Tax-Exempt Bond ETF (VTEB).
BSNSX is managed by Baird. It was launched on Nov 14, 2019. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSNSX or VTEB.
Correlation
The correlation between BSNSX and VTEB is 0.09, 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.
Performance
BSNSX vs. VTEB - Performance Comparison
Key characteristics
BSNSX:
0.89
VTEB:
0.10
BSNSX:
1.17
VTEB:
0.16
BSNSX:
1.22
VTEB:
1.02
BSNSX:
0.97
VTEB:
0.10
BSNSX:
3.69
VTEB:
0.32
BSNSX:
0.77%
VTEB:
1.52%
BSNSX:
3.21%
VTEB:
4.73%
BSNSX:
-10.21%
VTEB:
-17.00%
BSNSX:
-1.01%
VTEB:
-2.92%
Returns By Period
In the year-to-date period, BSNSX achieves a 0.31% return, which is significantly higher than VTEB's -1.35% return.
BSNSX
0.31%
1.96%
0.47%
2.83%
2.24%
N/A
VTEB
-1.35%
1.11%
-1.63%
0.48%
0.91%
N/A
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BSNSX vs. VTEB - Expense Ratio Comparison
BSNSX has a 0.55% expense ratio, which is higher than VTEB's 0.05% expense ratio.
Risk-Adjusted Performance
BSNSX vs. VTEB — Risk-Adjusted Performance Rank
BSNSX
VTEB
BSNSX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Strategic Municipal Bond Fund (BSNSX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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.
Dividends
BSNSX vs. VTEB - Dividend Comparison
BSNSX's dividend yield for the trailing twelve months is around 3.33%, more than VTEB's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BSNSX Baird Strategic Municipal Bond Fund | 3.33% | 3.27% | 2.99% | 1.84% | 1.33% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.27% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% |
Drawdowns
BSNSX vs. VTEB - Drawdown Comparison
The maximum BSNSX drawdown since its inception was -10.21%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for BSNSX and VTEB. For additional features, visit the drawdowns tool.
Volatility
BSNSX vs. VTEB - Volatility Comparison
Baird Strategic Municipal Bond Fund (BSNSX) and Vanguard Tax-Exempt Bond ETF (VTEB) have volatilities of 1.57% and 1.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.