CCGSX vs. BMDSX

Last updated Jun 3, 2026

CCGSX (Chautauqua Global Growth Fund) and BMDSX (Baird Mid Cap Growth Fund) are both mutual funds - CCGSX is a Global Equities fund managed by Baird, while BMDSX is a Mid Cap Growth Equities fund managed by Baird. Over the past 5 years, CCGSX returned 6.47%/yr vs -0.61%/yr for BMDSX. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 1.05% expense ratio.

Performance

CCGSX vs. BMDSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chautauqua Global Growth Fund (CCGSX) and Baird Mid Cap Growth Fund (BMDSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCGSX achieves a 0.54% return, which is significantly lower than BMDSX's 6.27% return.

CCGSX

• 1D: 0.51%
• 1M: 4.62%
• YTD: 0.54%
• 6M: 2.75%
• 1Y: 13.77%
• 3Y*: 13.95%
• 5Y*: 6.47%
• 10Y*: —

BMDSX

• 1D: 0.17%
• 1M: 2.80%
• YTD: 6.27%
• 6M: 4.43%
• 1Y: 0.97%
• 3Y*: 0.84%
• 5Y*: -0.61%
• 10Y*: 8.67%

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

CCGSX vs. BMDSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCGSX Chautauqua Global Growth Fund	0.54%	22.12%	16.07%	16.01%	-20.32%	12.64%	37.94%	29.74%	-14.81%	35.42%
BMDSX Baird Mid Cap Growth Fund	6.27%	-9.55%	-1.16%	19.91%	-27.86%	21.81%	34.56%	35.94%	-1.52%	25.70%

Correlation

The correlation between CCGSX and BMDSX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.82

The correlation between CCGSX and BMDSX shifts across timeframes, from 0.70 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CCGSX vs. BMDSX — Risk / Return Rank

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

CCGSX

CCGSX Risk / Return Rank: 10
CCGSX Sharpe Ratio Rank: 12
CCGSX Sortino Ratio Rank: 12
CCGSX Omega Ratio Rank: 12
CCGSX Calmar Ratio Rank: 8
CCGSX Martin Ratio Rank: 9

BMDSX

BMDSX Risk / Return Rank: 3
BMDSX Sharpe Ratio Rank: 3
BMDSX Sortino Ratio Rank: 3
BMDSX Omega Ratio Rank: 3
BMDSX Calmar Ratio Rank: 3
BMDSX Martin Ratio Rank: 3

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.

CCGSX vs. BMDSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chautauqua Global Growth Fund (CCGSX) and Baird Mid Cap Growth Fund (BMDSX). 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.

	CCGSX	BMDSX	Difference
Sharpe ratio Return per unit of total volatility	0.93	0.15	+0.77
Sortino ratio Return per unit of downside risk	1.39	0.33	+1.06
Omega ratio Gain probability vs. loss probability	1.17	1.04	+0.13
Calmar ratio Return relative to maximum drawdown	0.81	0.16	+0.65
Martin ratio Return relative to average drawdown	2.68	0.35	+2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCGSX vs. BMDSX - Sharpe Ratio Comparison

The current CCGSX Sharpe Ratio is 0.93, which is higher than the BMDSX Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of CCGSX and BMDSX, 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

	CCGSX	BMDSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.15	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	-0.03	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.34	+0.34

Drawdowns

CCGSX vs. BMDSX - Drawdown Comparison

The maximum CCGSX drawdown since its inception was -32.68%, smaller than the maximum BMDSX drawdown of -53.96%. Use the drawdown chart below to compare losses from any high point for CCGSX and BMDSX.

Drawdown Indicators

	CCGSX	BMDSX	Difference
Max Drawdown Largest peak-to-trough decline	-32.68%	-53.96%	+21.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.92%	-14.54%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.62%	-25.04%	+7.42%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-36.24%	+3.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.24%	—
Current Drawdown Current decline from peak	-4.27%	-20.93%	+16.66%
Average Drawdown Average peak-to-trough decline	-7.32%	-10.95%	+3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.10%	6.75%	-1.65%

Volatility

CCGSX vs. BMDSX - Volatility Comparison

Chautauqua Global Growth Fund (CCGSX) and Baird Mid Cap Growth Fund (BMDSX) have volatilities of 4.00% and 3.87%, 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.

Volatility by Period

	CCGSX	BMDSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	3.87%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	12.52%	11.62%	+0.90%
Volatility (1Y) Calculated over the trailing 1-year period	15.38%	15.22%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.17%	21.03%	-2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.64%	20.79%	-2.15%

CCGSX vs. BMDSX - Expense Ratio Comparison

Both CCGSX and BMDSX have an expense ratio of 1.05%.

Dividends

CCGSX vs. BMDSX - Dividend Comparison

CCGSX's dividend yield for the trailing twelve months is around 2.92%, less than BMDSX's 13.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BMDSX Baird Mid Cap Growth Fund	13.06%	13.88%	4.57%	2.44%	1.79%	17.82%	10.09%	5.77%	6.62%	4.87%	0.00%	0.15%
CCGSX Chautauqua Global Growth Fund	2.92%	2.93%	1.73%	0.17%	0.13%	0.35%	0.24%	1.37%	1.44%	3.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CCGSX and BMDSX in my portfolio?

CCGSX and BMDSX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCGSX or BMDSX?

CCGSX has higher volatility (4.00%) compared to BMDSX (3.87%). In terms of maximum drawdown, CCGSX dropped -32.68% vs BMDSX's -53.96%.

Which has better risk-adjusted returns?

CCGSX currently has the higher Sharpe Ratio (0.93 vs 0.15), 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.