JCBUX vs. BAGIX
JCBUX (JPMorgan Core Bond Fund Class R6) and BAGIX (Baird Aggregate Bond Fund Class I) are both mutual funds - JCBUX is a Intermediate Core Bond fund tracking the Bloomberg U.S. Aggregate Index, while BAGIX is a Total Bond Market fund managed by Baird. Over the past 10 years, JCBUX returned 1.84%/yr vs 1.72%/yr for BAGIX. Their correlation of 0.93 means they have usually moved in the same direction. JCBUX charges 0.33%/yr vs 0.30%/yr for BAGIX.
Performance
JCBUX vs. BAGIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with JCBUX having a -0.32% return and BAGIX slightly higher at -0.31%. Over the past 10 years, JCBUX has outperformed BAGIX with an annualized return of 1.84%, while BAGIX has yielded a comparatively lower 1.72% annualized return.
JCBUX
- 1D
- 0.10%
- 1M
- -1.00%
- 6M
- -0.66%
- YTD
- -0.32%
- 1Y
- 2.10%
- 3Y*
- 4.22%
- 5Y*
- 0.17%
- 10Y*
- 1.84%
- ALL TIME*
- 3.31%
BAGIX
- 1D
- 0.00%
- 1M
- -0.86%
- 6M
- -0.50%
- YTD
- -0.31%
- 1Y
- 2.19%
- 3Y*
- 4.25%
- 5Y*
- -0.13%
- 10Y*
- 1.72%
- ALL TIME*
- 4.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JCBUX vs. BAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JCBUX JPMorgan Core Bond Fund Class R6 | -0.32% | 7.55% | 2.25% | 5.85% | -12.18% | -0.95% | 8.28% | 8.59% | 0.35% | 3.88% |
BAGIX Baird Aggregate Bond Fund Class I | -0.31% | 7.37% | 1.85% | 6.42% | -13.35% | -1.46% | 8.63% | 9.48% | -0.31% | 4.20% |
Correlation
The correlation between JCBUX and BAGIX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.98 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2005 | 0.93 |
The correlation between JCBUX and BAGIX has been stable across timeframes, ranging from 0.93 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
JCBUX vs. BAGIX — Risk / Return Rank
JCBUX
BAGIX
JCBUX vs. BAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund Class R6 (JCBUX) 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.
| JCBUX | BAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 1.11 | -0.06 |
| Martin ratioReturn relative to average drawdown | 2.54 | 2.78 | -0.24 |
Loading charts...
Drawdowns
JCBUX vs. BAGIX - Drawdown Comparison
The maximum JCBUX drawdown since its inception was -16.46%, smaller than the maximum BAGIX drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for JCBUX and BAGIX.
Loading charts...
Drawdown Indicators
| JCBUX | BAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.46% | -18.62% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.96% | -2.72% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -4.71% | -5.06% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -16.46% | -18.60% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -16.46% | -18.62% | +2.16% |
Current DrawdownCurrent decline from peak | -2.38% | -2.08% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -2.29% | -2.35% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.09% | +0.13% |
Volatility
JCBUX vs. BAGIX - Volatility Comparison
JPMorgan Core Bond Fund Class R6 (JCBUX) has a higher volatility of 1.03% compared to Baird Aggregate Bond Fund Class I (BAGIX) at 0.98%. This indicates that JCBUX's price experiences larger fluctuations and is considered to be riskier than BAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JCBUX | BAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 0.98% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 2.82% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 3.70% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.69% | 5.93% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.69% | 4.89% | -0.20% |
JCBUX vs. BAGIX - Expense Ratio Comparison
JCBUX has a 0.33% expense ratio, which is higher than BAGIX's 0.30% expense ratio.
Dividends
JCBUX vs. BAGIX - Dividend Comparison
JCBUX's dividend yield for the trailing twelve months is around 4.33%, which matches BAGIX's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAGIX Baird Aggregate Bond Fund Class I | 4.31% | 4.12% | 4.03% | 3.47% | 2.70% | 2.00% | 3.39% | 2.75% | 2.87% | 2.54% | 2.25% | 2.46% |
JCBUX JPMorgan Core Bond Fund Class R6 | 4.33% | 4.12% | 4.12% | 3.66% | 2.85% | 2.98% | 4.15% | 3.37% | 3.06% | 3.03% | 3.07% | 2.77% |
Frequently Asked Questions
With a correlation of 0.95, JCBUX 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.
JCBUX has higher volatility (1.03%) compared to BAGIX (0.98%). In terms of maximum drawdown, JCBUX dropped -16.46% vs BAGIX's -18.62%.
BAGIX currently has the higher Sharpe Ratio (0.82 vs 0.81), 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 JCBUX 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