RGHYX vs. BCOIX
Compare and contrast key facts about RBC BlueBay High Yield Bond Fund (RGHYX) and Baird Core Plus Bond Fund (BCOIX).
RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011. BCOIX is managed by Baird. It was launched on Sep 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGHYX or BCOIX.
Correlation
The correlation between RGHYX and BCOIX is 0.16, 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.
Performance
RGHYX vs. BCOIX - Performance Comparison
Key characteristics
RGHYX:
2.09
BCOIX:
1.46
RGHYX:
2.74
BCOIX:
2.17
RGHYX:
1.48
BCOIX:
1.26
RGHYX:
1.53
BCOIX:
0.63
RGHYX:
7.96
BCOIX:
4.01
RGHYX:
0.87%
BCOIX:
1.81%
RGHYX:
3.32%
BCOIX:
4.97%
RGHYX:
-17.38%
BCOIX:
-18.87%
RGHYX:
-2.92%
BCOIX:
-5.05%
Returns By Period
In the year-to-date period, RGHYX achieves a -0.84% return, which is significantly lower than BCOIX's 1.70% return. Over the past 10 years, RGHYX has outperformed BCOIX with an annualized return of 4.60%, while BCOIX has yielded a comparatively lower 1.93% annualized return.
RGHYX
-0.84%
-2.14%
-0.73%
6.92%
4.95%
4.60%
BCOIX
1.70%
-0.73%
0.24%
7.03%
0.05%
1.93%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RGHYX vs. BCOIX - Expense Ratio Comparison
RGHYX has a 0.57% expense ratio, which is higher than BCOIX's 0.30% expense ratio.
Risk-Adjusted Performance
RGHYX vs. BCOIX — Risk-Adjusted Performance Rank
RGHYX
BCOIX
RGHYX vs. BCOIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and Baird Core Plus Bond Fund (BCOIX). 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.
Dividends
RGHYX vs. BCOIX - Dividend Comparison
RGHYX's dividend yield for the trailing twelve months is around 6.41%, more than BCOIX's 4.20% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 6.41% | 6.92% | 6.23% | 5.54% | 4.28% | 4.30% | 4.88% | 6.79% | 3.88% | 4.45% | 3.60% | 5.06% |
BCOIX Baird Core Plus Bond Fund | 4.20% | 4.15% | 3.57% | 3.09% | 2.36% | 2.58% | 2.95% | 3.13% | 2.83% | 2.82% | 2.84% | 3.00% |
Drawdowns
RGHYX vs. BCOIX - Drawdown Comparison
The maximum RGHYX drawdown since its inception was -17.38%, smaller than the maximum BCOIX drawdown of -18.87%. Use the drawdown chart below to compare losses from any high point for RGHYX and BCOIX. For additional features, visit the drawdowns tool.
Volatility
RGHYX vs. BCOIX - Volatility Comparison
RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 2.10% compared to Baird Core Plus Bond Fund (BCOIX) at 1.88%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than BCOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.