FIKQX vs. BAGIX
Compare and contrast key facts about Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) and Baird Aggregate Bond Fund Class I (BAGIX).
FIKQX is managed by Fidelity. It was launched on Oct 2, 2018. BAGIX is managed by Baird. It was launched on Sep 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKQX or BAGIX.
Correlation
The correlation between FIKQX and BAGIX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FIKQX vs. BAGIX - Performance Comparison
Key characteristics
FIKQX:
0.26
BAGIX:
0.15
FIKQX:
0.41
BAGIX:
0.24
FIKQX:
1.05
BAGIX:
1.03
FIKQX:
0.11
BAGIX:
0.06
FIKQX:
0.69
BAGIX:
0.39
FIKQX:
2.12%
BAGIX:
2.07%
FIKQX:
5.60%
BAGIX:
5.42%
FIKQX:
-19.94%
BAGIX:
-19.44%
FIKQX:
-10.73%
BAGIX:
-9.80%
Returns By Period
In the year-to-date period, FIKQX achieves a -1.27% return, which is significantly lower than BAGIX's -1.04% return.
FIKQX
-1.27%
-2.16%
-1.11%
0.49%
-0.52%
N/A
BAGIX
-1.04%
-2.35%
-1.14%
0.59%
-0.57%
1.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIKQX vs. BAGIX - Expense Ratio Comparison
FIKQX has a 0.36% expense ratio, which is higher than BAGIX's 0.30% expense ratio.
Risk-Adjusted Performance
FIKQX vs. BAGIX — Risk-Adjusted Performance Rank
FIKQX
BAGIX
FIKQX vs. BAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) 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.
Dividends
FIKQX vs. BAGIX - Dividend Comparison
FIKQX's dividend yield for the trailing twelve months is around 3.79%, more than BAGIX's 3.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKQX Fidelity Advisor Investment Grade Bond Fund Class Z | 3.79% | 3.75% | 3.64% | 2.75% | 1.66% | 1.94% | 2.84% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% |
BAGIX Baird Aggregate Bond Fund Class I | 3.56% | 3.52% | 3.46% | 2.69% | 1.92% | 2.29% | 2.76% | 2.89% | 2.55% | 2.47% | 2.47% | 2.90% |
Drawdowns
FIKQX vs. BAGIX - Drawdown Comparison
The maximum FIKQX drawdown since its inception was -19.94%, roughly equal to the maximum BAGIX drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for FIKQX and BAGIX. For additional features, visit the drawdowns tool.
Volatility
FIKQX vs. BAGIX - Volatility Comparison
The current volatility for Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) is 1.25%, while Baird Aggregate Bond Fund Class I (BAGIX) has a volatility of 1.34%. This indicates that FIKQX experiences smaller price fluctuations and is considered to be less risky than BAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.