MUIIX vs. BUBSX
Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Baird Ultra Short Bond Fund (BUBSX).
MUIIX is managed by Morgan Stanley. It was launched on Apr 28, 2016. BUBSX is managed by Baird. It was launched on Dec 31, 2013.
Performance
MUIIX vs. BUBSX - Performance Comparison
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MUIIX vs. BUBSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio | 0.52% | 4.47% | 4.94% | 4.17% | 1.10% | 0.10% | 0.49% |
BUBSX Baird Ultra Short Bond Fund | 0.70% | 4.53% | 5.47% | 5.43% | 0.70% | -0.05% | 1.92% |
Returns By Period
In the year-to-date period, MUIIX achieves a 0.52% return, which is significantly lower than BUBSX's 0.70% return.
MUIIX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.52%
- 6M
- 1.55%
- 1Y
- 3.82%
- 3Y*
- 4.27%
- 5Y*
- 3.04%
- 10Y*
- —
BUBSX
- 1D
- 0.00%
- 1M
- 0.13%
- YTD
- 0.70%
- 6M
- 1.69%
- 1Y
- 4.08%
- 3Y*
- 4.97%
- 5Y*
- 3.31%
- 10Y*
- 2.48%
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MUIIX vs. BUBSX - Expense Ratio Comparison
MUIIX has a 0.35% expense ratio, which is lower than BUBSX's 0.40% expense ratio.
Return for Risk
MUIIX vs. BUBSX — Risk / Return Rank
MUIIX
BUBSX
MUIIX vs. BUBSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Baird Ultra Short Bond Fund (BUBSX). 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.
| MUIIX | BUBSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.42 | 6.30 | -2.88 |
Sortino ratioReturn per unit of downside risk | 18.58 | 17.90 | +0.67 |
Omega ratioGain probability vs. loss probability | 9.29 | 8.30 | +0.99 |
Calmar ratioReturn relative to maximum drawdown | 42.24 | 41.37 | +0.87 |
Martin ratioReturn relative to average drawdown | 89.61 | 223.49 | -133.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MUIIX | BUBSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.42 | 6.30 | -2.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.94 | 4.42 | -2.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 3.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.83 | 3.11 | -1.28 |
Correlation
The correlation between MUIIX and BUBSX is 0.06, 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
MUIIX vs. BUBSX - Dividend Comparison
MUIIX's dividend yield for the trailing twelve months is around 3.85%, less than BUBSX's 4.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio | 3.85% | 4.36% | 4.81% | 3.88% | 1.20% | 0.10% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUBSX Baird Ultra Short Bond Fund | 4.11% | 4.24% | 5.04% | 4.39% | 1.29% | 0.25% | 1.14% | 2.33% | 1.90% | 1.04% | 0.81% | 0.56% |
Drawdowns
MUIIX vs. BUBSX - Drawdown Comparison
The maximum MUIIX drawdown since its inception was -1.20%, smaller than the maximum BUBSX drawdown of -1.88%. Use the drawdown chart below to compare losses from any high point for MUIIX and BUBSX.
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Drawdown Indicators
| MUIIX | BUBSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.20% | -1.88% | +0.68% |
Max Drawdown (1Y)Largest decline over 1 year | -0.10% | -0.10% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -1.20% | -0.83% | -0.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.88% | — |
Current DrawdownCurrent decline from peak | -0.10% | 0.00% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -0.06% | -0.08% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 0.02% | +0.03% |
Volatility
MUIIX vs. BUBSX - Volatility Comparison
The current volatility for Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) is 0.10%, while Baird Ultra Short Bond Fund (BUBSX) has a volatility of 0.17%. This indicates that MUIIX experiences smaller price fluctuations and is considered to be less risky than BUBSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MUIIX | BUBSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.10% | 0.17% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 0.81% | 0.46% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 0.65% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.57% | 0.75% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.44% | 0.70% | +0.74% |