BUBSX vs. BSBIX
Compare and contrast key facts about Baird Ultra Short Bond Fund (BUBSX) and Baird Short-Term Bond Fund Institutional Class (BSBIX).
BUBSX is managed by Baird. It was launched on Dec 31, 2013. BSBIX is a passively managed fund by Baird that tracks the performance of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index. It was launched on Aug 31, 2004.
Performance
BUBSX vs. BSBIX - Performance Comparison
Loading graphics...
BUBSX vs. BSBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BUBSX Baird Ultra Short Bond Fund | 0.80% | 4.53% | 5.47% | 5.43% | 0.70% | -0.05% | 1.66% | 2.87% | 1.61% | 1.05% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 0.27% | 5.67% | 4.99% | 5.65% | -3.64% | -0.42% | 4.23% | 4.68% | 1.49% | 1.53% |
Returns By Period
In the year-to-date period, BUBSX achieves a 0.80% return, which is significantly higher than BSBIX's 0.27% return. Both investments have delivered pretty close results over the past 10 years, with BUBSX having a 2.49% annualized return and BSBIX not far ahead at 2.51%.
BUBSX
- 1D
- 0.10%
- 1M
- 0.22%
- YTD
- 0.80%
- 6M
- 1.79%
- 1Y
- 4.18%
- 3Y*
- 5.01%
- 5Y*
- 3.33%
- 10Y*
- 2.49%
BSBIX
- 1D
- 0.00%
- 1M
- -0.39%
- YTD
- 0.27%
- 6M
- 1.29%
- 1Y
- 4.15%
- 3Y*
- 5.01%
- 5Y*
- 2.46%
- 10Y*
- 2.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUBSX vs. BSBIX - Expense Ratio Comparison
BUBSX has a 0.40% expense ratio, which is higher than BSBIX's 0.30% expense ratio.
Return for Risk
BUBSX vs. BSBIX — Risk / Return Rank
BUBSX
BSBIX
BUBSX vs. BSBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Ultra Short Bond Fund (BUBSX) and Baird Short-Term Bond Fund Institutional Class (BSBIX). 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.
| BUBSX | BSBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 6.41 | 3.02 | +3.39 |
Sortino ratioReturn per unit of downside risk | 18.34 | 4.76 | +13.58 |
Omega ratioGain probability vs. loss probability | 8.48 | 1.81 | +6.68 |
Calmar ratioReturn relative to maximum drawdown | 42.42 | 4.54 | +37.88 |
Martin ratioReturn relative to average drawdown | 229.13 | 20.13 | +209.00 |
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
| BUBSX | BSBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.41 | 3.02 | +3.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 4.44 | 1.28 | +3.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 3.56 | 1.51 | +2.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.12 | 1.64 | +1.48 |
Correlation
The correlation between BUBSX and BSBIX is 0.28, 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
BUBSX vs. BSBIX - Dividend Comparison
BUBSX's dividend yield for the trailing twelve months is around 4.10%, less than BSBIX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUBSX Baird Ultra Short Bond Fund | 4.10% | 4.24% | 5.04% | 4.39% | 1.29% | 0.25% | 1.14% | 2.33% | 1.90% | 1.04% | 0.81% | 0.56% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 4.30% | 4.35% | 4.34% | 3.41% | 1.79% | 1.42% | 2.61% | 2.49% | 2.20% | 1.73% | 1.60% | 1.62% |
Drawdowns
BUBSX vs. BSBIX - Drawdown Comparison
The maximum BUBSX drawdown since its inception was -1.88%, smaller than the maximum BSBIX drawdown of -5.95%. Use the drawdown chart below to compare losses from any high point for BUBSX and BSBIX.
Loading graphics...
Drawdown Indicators
| BUBSX | BSBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.88% | -5.95% | +4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -0.10% | -0.94% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -0.83% | -5.95% | +5.12% |
Max Drawdown (10Y)Largest decline over 10 years | -1.88% | -5.95% | +4.07% |
Current DrawdownCurrent decline from peak | 0.00% | -0.59% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -0.55% | +0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 0.21% | -0.19% |
Volatility
BUBSX vs. BSBIX - Volatility Comparison
The current volatility for Baird Ultra Short Bond Fund (BUBSX) is 0.20%, while Baird Short-Term Bond Fund Institutional Class (BSBIX) has a volatility of 0.53%. This indicates that BUBSX experiences smaller price fluctuations and is considered to be less risky than BSBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BUBSX | BSBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 0.53% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 0.46% | 0.86% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.65% | 1.42% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.75% | 1.93% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.70% | 1.67% | -0.97% |