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HWHIX vs. BAGIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HWHIX vs. BAGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hotchkis & Wiley High Yield Fund (HWHIX) and Baird Aggregate Bond Fund Class I (BAGIX). The values are adjusted to include any dividend payments, if applicable.

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HWHIX vs. BAGIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HWHIX
Hotchkis & Wiley High Yield Fund
-1.84%7.28%7.23%12.00%-11.08%6.25%3.85%9.61%-3.37%6.62%
BAGIX
Baird Aggregate Bond Fund Class I
-0.26%7.37%1.85%6.42%-13.35%-1.46%8.63%9.48%-0.31%4.20%

Returns By Period

In the year-to-date period, HWHIX achieves a -1.84% return, which is significantly lower than BAGIX's -0.26% return. Over the past 10 years, HWHIX has outperformed BAGIX with an annualized return of 4.28%, while BAGIX has yielded a comparatively lower 2.05% annualized return.


HWHIX

1D
0.19%
1M
-2.45%
YTD
-1.84%
6M
-0.99%
1Y
4.80%
3Y*
6.74%
5Y*
3.31%
10Y*
4.28%

BAGIX

1D
0.51%
1M
-2.03%
YTD
-0.26%
6M
0.75%
1Y
4.14%
3Y*
4.05%
5Y*
0.51%
10Y*
2.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HWHIX vs. BAGIX - Expense Ratio Comparison

HWHIX has a 0.70% expense ratio, which is higher than BAGIX's 0.30% expense ratio.


Return for Risk

HWHIX vs. BAGIX — Risk / Return Rank

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

HWHIX
HWHIX Risk / Return Rank: 7272
Overall Rank
HWHIX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
HWHIX Sortino Ratio Rank: 7676
Sortino Ratio Rank
HWHIX Omega Ratio Rank: 7676
Omega Ratio Rank
HWHIX Calmar Ratio Rank: 6767
Calmar Ratio Rank
HWHIX Martin Ratio Rank: 6464
Martin Ratio Rank

BAGIX
BAGIX Risk / Return Rank: 5959
Overall Rank
BAGIX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
BAGIX Sortino Ratio Rank: 5656
Sortino Ratio Rank
BAGIX Omega Ratio Rank: 4343
Omega Ratio Rank
BAGIX Calmar Ratio Rank: 8080
Calmar Ratio Rank
BAGIX Martin Ratio Rank: 5858
Martin Ratio Rank
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.

HWHIX vs. BAGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley High Yield Fund (HWHIX) 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.


HWHIXBAGIXDifference

Sharpe ratio

Return per unit of total volatility

1.35

1.02

+0.32

Sortino ratio

Return per unit of downside risk

1.89

1.47

+0.42

Omega ratio

Gain probability vs. loss probability

1.29

1.18

+0.11

Calmar ratio

Return relative to maximum drawdown

1.52

1.90

-0.39

Martin ratio

Return relative to average drawdown

6.11

5.60

+0.51

HWHIX vs. BAGIX - Sharpe Ratio Comparison

The current HWHIX Sharpe Ratio is 1.35, which is higher than the BAGIX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of HWHIX and BAGIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HWHIXBAGIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.35

1.02

+0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.09

+0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.84

0.42

+0.42

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.97

-0.22

Correlation

The correlation between HWHIX and BAGIX is 0.10, 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

HWHIX vs. BAGIX - Dividend Comparison

HWHIX's dividend yield for the trailing twelve months is around 5.89%, more than BAGIX's 4.19% yield.


TTM20252024202320222021202020192018201720162015
HWHIX
Hotchkis & Wiley High Yield Fund
5.89%6.24%6.27%4.77%4.03%4.02%5.47%5.92%6.24%4.42%0.00%0.86%
BAGIX
Baird Aggregate Bond Fund Class I
4.19%4.12%4.03%3.47%2.70%2.00%3.39%2.75%2.87%2.54%2.25%2.46%

Drawdowns

HWHIX vs. BAGIX - Drawdown Comparison

The maximum HWHIX drawdown since its inception was -23.03%, which is greater than BAGIX's maximum drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for HWHIX and BAGIX.


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Drawdown Indicators


HWHIXBAGIXDifference

Max Drawdown

Largest peak-to-trough decline

-23.03%

-18.62%

-4.41%

Max Drawdown (1Y)

Largest decline over 1 year

-3.14%

-2.63%

-0.51%

Max Drawdown (5Y)

Largest decline over 5 years

-15.02%

-18.60%

+3.58%

Max Drawdown (10Y)

Largest decline over 10 years

-23.03%

-18.62%

-4.41%

Current Drawdown

Current decline from peak

-2.45%

-2.03%

-0.42%

Average Drawdown

Average peak-to-trough decline

-3.84%

-2.36%

-1.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.78%

0.89%

-0.11%

Volatility

HWHIX vs. BAGIX - Volatility Comparison

The current volatility for Hotchkis & Wiley High Yield Fund (HWHIX) is 1.42%, while Baird Aggregate Bond Fund Class I (BAGIX) has a volatility of 1.50%. This indicates that HWHIX 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.


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Volatility by Period


HWHIXBAGIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.42%

1.50%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

2.39%

2.49%

-0.10%

Volatility (1Y)

Calculated over the trailing 1-year period

3.86%

4.28%

-0.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.65%

5.90%

-1.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.10%

4.88%

+0.22%