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MWTRX vs. BSBIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MWTRX vs. BSBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Metropolitan West Total Return Bond Fund (MWTRX) and Baird Short-Term Bond Fund Institutional Class (BSBIX). The values are adjusted to include any dividend payments, if applicable.

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MWTRX vs. BSBIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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

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

MWTRX
MWTRX Risk / Return Rank: 3333
Overall Rank
MWTRX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
MWTRX Sortino Ratio Rank: 2929
Sortino Ratio Rank
MWTRX Omega Ratio Rank: 2121
Omega Ratio Rank
MWTRX Calmar Ratio Rank: 5151
Calmar Ratio Rank
MWTRX Martin Ratio Rank: 3030
Martin Ratio Rank

BSBIX
BSBIX Risk / Return Rank: 9898
Overall Rank
BSBIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
BSBIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
BSBIX Omega Ratio Rank: 9898
Omega Ratio Rank
BSBIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
BSBIX Martin Ratio Rank: 9898
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.

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.


MWTRXBSBIXDifference

Sharpe ratio

Return per unit of total volatility

0.78

3.02

-2.24

Sortino ratio

Return per unit of downside risk

1.12

4.76

-3.64

Omega ratio

Gain probability vs. loss probability

1.14

1.81

-0.67

Calmar ratio

Return relative to maximum drawdown

1.33

4.54

-3.21

Martin ratio

Return relative to average drawdown

3.53

20.13

-16.59

MWTRX vs. BSBIX - Sharpe Ratio Comparison

The current MWTRX Sharpe Ratio is 0.78, which is lower than the BSBIX Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of MWTRX and BSBIX, 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


MWTRXBSBIXDifference

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.


TTM20252024202320222021202020192018201720162015
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.


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Drawdown Indicators


MWTRXBSBIXDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-5.44%

-0.59%

-4.85%

Average Drawdown

Average peak-to-trough decline

-2.63%

-0.55%

-2.08%

Ulcer Index

Depth 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.


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Volatility by Period


MWTRXBSBIXDifference

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%