BUBIX vs. NUSFX
Compare and contrast key facts about Baird Ultra Short Bond Fund Institutional Class (BUBIX) and Northern Ultra-Short Fixed Income Fund (NUSFX).
BUBIX is an actively managed fund by Baird. It was launched on Dec 31, 2013. NUSFX is managed by Northern Funds. It was launched on Jun 18, 2009.
Performance
BUBIX vs. NUSFX - Performance Comparison
Loading graphics...
BUBIX vs. NUSFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BUBIX Baird Ultra Short Bond Fund Institutional Class | 0.51% | 4.44% | 5.65% | 5.71% | 0.96% | 0.20% | 1.66% | 3.11% | 1.95% | 1.30% |
NUSFX Northern Ultra-Short Fixed Income Fund | 0.84% | 4.27% | 5.22% | 5.21% | -1.59% | -0.17% | 2.34% | 3.68% | 1.51% | 1.53% |
Returns By Period
In the year-to-date period, BUBIX achieves a 0.51% return, which is significantly lower than NUSFX's 0.84% return. Over the past 10 years, BUBIX has outperformed NUSFX with an annualized return of 2.65%, while NUSFX has yielded a comparatively lower 2.36% annualized return.
BUBIX
- 1D
- 0.10%
- 1M
- -0.10%
- YTD
- 0.51%
- 6M
- 1.58%
- 1Y
- 4.09%
- 3Y*
- 5.04%
- 5Y*
- 3.46%
- 10Y*
- 2.65%
NUSFX
- 1D
- 0.10%
- 1M
- 0.04%
- YTD
- 0.84%
- 6M
- 1.91%
- 1Y
- 4.56%
- 3Y*
- 4.70%
- 5Y*
- 2.70%
- 10Y*
- 2.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUBIX vs. NUSFX - Expense Ratio Comparison
BUBIX has a 0.15% expense ratio, which is lower than NUSFX's 0.28% expense ratio.
Return for Risk
BUBIX vs. NUSFX — Risk / Return Rank
BUBIX
NUSFX
BUBIX vs. NUSFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Ultra Short Bond Fund Institutional Class (BUBIX) and Northern Ultra-Short Fixed Income Fund (NUSFX). 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.
| BUBIX | NUSFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 5.72 | 2.98 | +2.73 |
Sortino ratioReturn per unit of downside risk | 11.49 | 6.75 | +4.73 |
Omega ratioGain probability vs. loss probability | 6.46 | 2.85 | +3.62 |
Calmar ratioReturn relative to maximum drawdown | 13.82 | 5.24 | +8.58 |
Martin ratioReturn relative to average drawdown | 121.86 | 38.53 | +83.33 |
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
| BUBIX | NUSFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.72 | 2.98 | +2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 4.37 | 2.09 | +2.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 3.74 | 1.96 | +1.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.39 | 1.78 | +1.61 |
Correlation
The correlation between BUBIX and NUSFX is 0.21, 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.
Dividends
BUBIX vs. NUSFX - Dividend Comparison
BUBIX's dividend yield for the trailing twelve months is around 4.02%, less than NUSFX's 4.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUBIX Baird Ultra Short Bond Fund Institutional Class | 4.02% | 4.16% | 5.31% | 4.65% | 1.56% | 0.50% | 1.44% | 2.57% | 2.13% | 1.29% | 1.04% | 0.80% |
NUSFX Northern Ultra-Short Fixed Income Fund | 4.56% | 3.78% | 4.09% | 2.86% | 0.97% | 0.71% | 1.52% | 2.42% | 2.09% | 1.42% | 1.07% | 0.85% |
Drawdowns
BUBIX vs. NUSFX - Drawdown Comparison
The maximum BUBIX drawdown since its inception was -1.88%, smaller than the maximum NUSFX drawdown of -3.88%. Use the drawdown chart below to compare losses from any high point for BUBIX and NUSFX.
Loading graphics...
Drawdown Indicators
| BUBIX | NUSFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.88% | -3.88% | +2.00% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -0.87% | +0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -0.68% | -3.35% | +2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -1.88% | -3.88% | +2.00% |
Current DrawdownCurrent decline from peak | -0.20% | 0.00% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -0.24% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 0.12% | -0.09% |
Volatility
BUBIX vs. NUSFX - Volatility Comparison
The current volatility for Baird Ultra Short Bond Fund Institutional Class (BUBIX) is 0.36%, while Northern Ultra-Short Fixed Income Fund (NUSFX) has a volatility of 0.39%. This indicates that BUBIX experiences smaller price fluctuations and is considered to be less risky than NUSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BUBIX | NUSFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.36% | 0.39% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 0.55% | 0.97% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.72% | 1.54% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.80% | 1.30% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.71% | 1.21% | -0.50% |