DODIX vs. BAGIX
DODIX (Dodge & Cox Income Fund) and BAGIX (Baird Aggregate Bond Fund Class I) are both mutual funds - DODIX is a Intermediate Core-Plus Bond fund actively managed by Dodge & Cox, while BAGIX is a Total Bond Market fund managed by Baird. Over the past 10 years, DODIX returned 2.92%/yr vs 1.97%/yr for BAGIX. Their correlation of 0.89 suggests significant overlap in exposure. DODIX charges 0.41%/yr vs 0.30%/yr for BAGIX.
Performance
DODIX vs. BAGIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DODIX achieves a 0.67% return, which is significantly higher than BAGIX's 0.63% return. Over the past 10 years, DODIX has outperformed BAGIX with an annualized return of 2.92%, while BAGIX has yielded a comparatively lower 1.97% annualized return.
DODIX
- 1D
- 0.23%
- 1M
- 0.95%
- YTD
- 0.67%
- 6M
- 0.83%
- 1Y
- 5.75%
- 3Y*
- 5.20%
- 5Y*
- 1.20%
- 10Y*
- 2.92%
BAGIX
- 1D
- 0.31%
- 1M
- 0.98%
- YTD
- 0.63%
- 6M
- 0.88%
- 1Y
- 4.93%
- 3Y*
- 4.56%
- 5Y*
- 0.28%
- 10Y*
- 1.97%
DODIX vs. BAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DODIX Dodge & Cox Income Fund | 0.67% | 8.32% | 2.25% | 7.69% | -11.42% | -0.92% | 9.46% | 9.73% | -0.31% | 4.36% |
BAGIX Baird Aggregate Bond Fund Class I | 0.63% | 7.37% | 1.85% | 6.42% | -13.35% | -1.46% | 8.63% | 9.48% | -0.31% | 4.20% |
Correlation
The correlation between DODIX and BAGIX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2000 | 0.89 |
The correlation between DODIX and BAGIX has been stable across timeframes, ranging from 0.89 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DODIX vs. BAGIX — Risk / Return Rank
DODIX
BAGIX
DODIX vs. BAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund (DODIX) and Baird Aggregate Bond Fund Class I (BAGIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DODIX | BAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.24 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.82 | +0.01 |
| Martin ratioReturn relative to average drawdown | 5.22 | 5.12 | +0.10 |
Loading charts...
Drawdowns
DODIX vs. BAGIX - Drawdown Comparison
The maximum DODIX drawdown since its inception was -16.89%, smaller than the maximum BAGIX drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for DODIX and BAGIX.
Loading charts...
Drawdown Indicators
| DODIX | BAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.89% | -18.62% | +1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -2.72% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -5.68% | -6.05% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -16.89% | -18.60% | +1.71% |
Max Drawdown (10Y)Largest decline over 10 years | -16.89% | -18.62% | +1.73% |
Current DrawdownCurrent decline from peak | -1.48% | -1.16% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -2.35% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.96% | +0.14% |
Volatility
DODIX vs. BAGIX - Volatility Comparison
Dodge & Cox Income Fund (DODIX) and Baird Aggregate Bond Fund Class I (BAGIX) have volatilities of 1.18% and 1.14%, 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.
Loading charts...
Volatility by Period
| DODIX | BAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 1.14% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 2.67% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.05% | 3.71% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.57% | 5.92% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 4.89% | -0.44% |
DODIX vs. BAGIX - Expense Ratio Comparison
DODIX has a 0.41% expense ratio, which is higher than BAGIX's 0.30% expense ratio.
Dividends
DODIX vs. BAGIX - Dividend Comparison
DODIX's dividend yield for the trailing twelve months is around 4.25%, which matches BAGIX's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAGIX Baird Aggregate Bond Fund Class I | 4.23% | 4.12% | 4.03% | 3.47% | 2.70% | 2.00% | 3.39% | 2.75% | 2.87% | 2.54% | 2.25% | 2.46% |
DODIX Dodge & Cox Income Fund | 4.25% | 4.23% | 4.24% | 3.86% | 2.19% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% |
Frequently Asked Questions
With a correlation of 0.96, DODIX and BAGIX 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.
DODIX has higher volatility (1.18%) compared to BAGIX (1.14%). In terms of maximum drawdown, DODIX dropped -16.89% vs BAGIX's -18.62%.
DODIX currently has the higher Sharpe Ratio (1.43 vs 1.33), 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.
Find the right allocation for DODIX and BAGIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer