MWTRX vs. BSBIX
Compare and contrast key facts about Metropolitan West Total Return Bond Fund (MWTRX) and Baird Short-Term Bond Fund Institutional Class (BSBIX).
MWTRX is managed by Metropolitan West Funds. It was launched on Mar 31, 1997. BSBIX is a passively managed fund by Baird that tracks the performance of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index. It was launched on Aug 31, 2004.
Performance
MWTRX vs. BSBIX - Performance Comparison
Loading graphics...
MWTRX vs. BSBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MWTRX Metropolitan West Total Return Bond Fund | -0.30% | 7.29% | 0.45% | 5.77% | -15.52% | -1.51% | 8.79% | 8.95% | 0.17% | 3.10% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 0.27% | 5.67% | 4.99% | 5.65% | -3.64% | -0.42% | 4.23% | 4.68% | 1.49% | 1.53% |
Returns By Period
In the year-to-date period, MWTRX achieves a -0.30% return, which is significantly lower than BSBIX's 0.27% return. Over the past 10 years, MWTRX has underperformed BSBIX with an annualized return of 1.47%, while BSBIX has yielded a comparatively higher 2.51% annualized return.
MWTRX
- 1D
- 0.22%
- 1M
- -1.73%
- YTD
- -0.30%
- 6M
- 0.42%
- 1Y
- 3.46%
- 3Y*
- 3.34%
- 5Y*
- -0.56%
- 10Y*
- 1.47%
BSBIX
- 1D
- 0.00%
- 1M
- -0.39%
- YTD
- 0.27%
- 6M
- 1.29%
- 1Y
- 4.15%
- 3Y*
- 5.01%
- 5Y*
- 2.46%
- 10Y*
- 2.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MWTRX vs. BSBIX - Expense Ratio Comparison
MWTRX has a 0.65% expense ratio, which is higher than BSBIX's 0.30% expense ratio.
Return for Risk
MWTRX vs. BSBIX — Risk / Return Rank
MWTRX
BSBIX
MWTRX vs. BSBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund (MWTRX) and Baird Short-Term Bond Fund Institutional Class (BSBIX). 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.
| MWTRX | BSBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 3.02 | -2.24 |
Sortino ratioReturn per unit of downside risk | 1.12 | 4.76 | -3.64 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.81 | -0.67 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 4.54 | -3.21 |
Martin ratioReturn relative to average drawdown | 3.53 | 20.13 | -16.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MWTRX | BSBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 3.02 | -2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 1.28 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 1.51 | -1.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 1.64 | -0.64 |
Correlation
The correlation between MWTRX and BSBIX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MWTRX vs. BSBIX - Dividend Comparison
MWTRX's dividend yield for the trailing twelve months is around 3.42%, less than BSBIX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWTRX Metropolitan West Total Return Bond Fund | 3.42% | 3.69% | 4.16% | 3.88% | 1.91% | 0.93% | 6.38% | 3.38% | 2.73% | 1.92% | 3.10% | 2.69% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 4.30% | 4.35% | 4.34% | 3.41% | 1.79% | 1.42% | 2.61% | 2.49% | 2.20% | 1.73% | 1.60% | 1.62% |
Drawdowns
MWTRX vs. BSBIX - Drawdown Comparison
The maximum MWTRX drawdown since its inception was -20.81%, which is greater than BSBIX's maximum drawdown of -5.95%. Use the drawdown chart below to compare losses from any high point for MWTRX and BSBIX.
Loading graphics...
Drawdown Indicators
| MWTRX | BSBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.81% | -5.95% | -14.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -0.94% | -2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | -5.95% | -14.72% |
Max Drawdown (10Y)Largest decline over 10 years | -20.81% | -5.95% | -14.86% |
Current DrawdownCurrent decline from peak | -5.44% | -0.59% | -4.85% |
Average DrawdownAverage peak-to-trough decline | -2.63% | -0.55% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 0.21% | +0.98% |
Volatility
MWTRX vs. BSBIX - Volatility Comparison
Metropolitan West Total Return Bond Fund (MWTRX) has a higher volatility of 1.71% compared to Baird Short-Term Bond Fund Institutional Class (BSBIX) at 0.53%. This indicates that MWTRX's price experiences larger fluctuations and is considered to be riskier than BSBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MWTRX | BSBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.71% | 0.53% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 0.86% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.92% | 1.42% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.60% | 1.93% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.28% | 1.67% | +3.61% |