BVPIX vs. BVSIX

Last updated Jun 3, 2026

BVPIX (Baywood ValuePlus Fund) and BVSIX (Baywood Socially Responsible Fund) are both Large Cap Value Equities funds from Baywood. Over the past 10 years, BVPIX returned 10.54%/yr vs 10.93%/yr for BVSIX. With a 0.96 correlation, they move nearly in lockstep. BVPIX charges 0.70%/yr vs 0.89%/yr for BVSIX.

Performance

BVPIX vs. BVSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baywood ValuePlus Fund (BVPIX) and Baywood Socially Responsible Fund (BVSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVPIX achieves a 5.22% return, which is significantly lower than BVSIX's 6.85% return. Both investments have delivered pretty close results over the past 10 years, with BVPIX having a 10.54% annualized return and BVSIX not far ahead at 10.93%.

BVPIX

• 1D: -0.92%
• 1M: 0.25%
• YTD: 5.22%
• 6M: 5.58%
• 1Y: 13.35%
• 3Y*: 14.46%
• 5Y*: 9.38%
• 10Y*: 10.54%

BVSIX

• 1D: 0.37%
• 1M: 2.16%
• YTD: 6.85%
• 6M: 4.73%
• 1Y: 15.39%
• 3Y*: 14.98%
• 5Y*: 9.19%
• 10Y*: 10.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BVPIX vs. BVSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BVPIX Baywood ValuePlus Fund	5.22%	12.27%	12.88%	11.31%	4.22%	22.02%	0.56%	23.52%	-10.27%	16.15%
BVSIX Baywood Socially Responsible Fund	6.85%	9.36%	14.58%	12.73%	-0.72%	26.88%	4.25%	26.56%	-12.79%	16.74%

Correlation

The correlation between BVPIX and BVSIX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.96

The correlation between BVPIX and BVSIX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

Return for Risk

BVPIX vs. BVSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BVPIX

BVPIX Risk / Return Rank: 21
BVPIX Sharpe Ratio Rank: 20
BVPIX Sortino Ratio Rank: 21
BVPIX Omega Ratio Rank: 18
BVPIX Calmar Ratio Rank: 26
BVPIX Martin Ratio Rank: 19

BVSIX

BVSIX Risk / Return Rank: 26
BVSIX Sharpe Ratio Rank: 25
BVSIX Sortino Ratio Rank: 25
BVSIX Omega Ratio Rank: 22
BVSIX Calmar Ratio Rank: 29
BVSIX Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BVPIX vs. BVSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baywood ValuePlus Fund (BVPIX) and Baywood Socially Responsible Fund (BVSIX). 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.

	BVPIX	BVSIX	Difference
Sharpe ratio Return per unit of total volatility	1.31	1.43	-0.12
Sortino ratio Return per unit of downside risk	1.93	2.10	-0.17
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	1.93	2.03	-0.10
Martin ratio Return relative to average drawdown	5.15	6.74	-1.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BVPIX vs. BVSIX - Sharpe Ratio Comparison

The current BVPIX Sharpe Ratio is 1.31, which is comparable to the BVSIX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of BVPIX and BVSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BVPIX	BVSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.43	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.62	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.61	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.45	+0.10

Drawdowns

BVPIX vs. BVSIX - Drawdown Comparison

The maximum BVPIX drawdown since its inception was -40.06%, roughly equal to the maximum BVSIX drawdown of -40.73%. Use the drawdown chart below to compare losses from any high point for BVPIX and BVSIX.

Drawdown Indicators

	BVPIX	BVSIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.06%	-40.73%	+0.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	-7.86%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-13.32%	-15.98%	+2.66%
Max Drawdown (5Y) Largest decline over 5 years	-16.08%	-15.99%	-0.09%
Max Drawdown (10Y) Largest decline over 10 years	-40.06%	-40.73%	+0.67%
Current Drawdown Current decline from peak	-4.30%	-0.68%	-3.62%
Average Drawdown Average peak-to-trough decline	-4.18%	-8.16%	+3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	2.36%	+0.29%

Volatility

BVPIX vs. BVSIX - Volatility Comparison

Baywood ValuePlus Fund (BVPIX) has a higher volatility of 2.63% compared to Baywood Socially Responsible Fund (BVSIX) at 2.44%. This indicates that BVPIX's price experiences larger fluctuations and is considered to be riskier than BVSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVPIX	BVSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	2.44%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	7.59%	8.07%	-0.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.41%	11.18%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.93%	14.82%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.41%	17.99%	-0.58%

BVPIX vs. BVSIX - Expense Ratio Comparison

BVPIX has a 0.70% expense ratio, which is lower than BVSIX's 0.89% expense ratio.

Dividends

BVPIX vs. BVSIX - Dividend Comparison

BVPIX's dividend yield for the trailing twelve months is around 7.63%, more than BVSIX's 3.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVPIX Baywood ValuePlus Fund	7.63%	7.85%	5.54%	5.95%	4.41%	10.20%	1.96%	3.35%	7.83%	4.68%	3.73%	16.80%
BVSIX Baywood Socially Responsible Fund	3.52%	3.64%	4.15%	4.02%	3.75%	4.08%	1.99%	2.44%	10.28%	2.39%	1.19%	0.00%

Frequently Asked Questions

Can I hold both BVPIX and BVSIX in my portfolio?

With a correlation of 0.92, BVPIX and BVSIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BVPIX or BVSIX?

BVPIX has higher volatility (2.63%) compared to BVSIX (2.44%). In terms of maximum drawdown, BVPIX dropped -40.06% vs BVSIX's -40.73%.

Which has better risk-adjusted returns?

BVSIX currently has the higher Sharpe Ratio (1.43 vs 1.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.