STYAX vs. BCOIX
STYAX (Allspring Core Plus Bond Fund) and BCOIX (Baird Core Plus Bond Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, STYAX returned 2.26%/yr vs 2.25%/yr for BCOIX. Their correlation of 0.90 suggests significant overlap in exposure. STYAX charges 0.69%/yr vs 0.30%/yr for BCOIX.
Performance
STYAX vs. BCOIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, STYAX achieves a 0.09% return, which is significantly lower than BCOIX's 0.30% return. Both investments have delivered pretty close results over the past 10 years, with STYAX having a 2.26% annualized return and BCOIX not far behind at 2.25%.
STYAX
- 1D
- -0.09%
- 1M
- -0.36%
- 6M
- -0.18%
- YTD
- 0.09%
- 1Y
- 3.93%
- 3Y*
- 4.59%
- 5Y*
- -0.11%
- 10Y*
- 2.26%
BCOIX
- 1D
- 0.00%
- 1M
- -0.25%
- 6M
- 0.20%
- YTD
- 0.30%
- 1Y
- 4.30%
- 3Y*
- 5.07%
- 5Y*
- 0.50%
- 10Y*
- 2.25%
STYAX vs. BCOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STYAX Allspring Core Plus Bond Fund | 0.09% | 7.03% | 2.05% | 6.45% | -14.29% | -0.16% | 11.30% | 9.11% | -0.52% | 5.33% |
BCOIX Baird Core Plus Bond Fund | 0.30% | 7.47% | 2.54% | 6.89% | -12.86% | -1.02% | 8.80% | 10.11% | -0.52% | 4.65% |
Correlation
The correlation between STYAX and BCOIX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2000 | 0.90 |
The correlation between STYAX and BCOIX has been stable across timeframes, ranging from 0.90 to 0.97 - 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
STYAX vs. BCOIX — Risk / Return Rank
STYAX
BCOIX
STYAX vs. BCOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Core Plus Bond Fund (STYAX) 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.
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.
| STYAX | BCOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.51 | -0.25 |
| Martin ratioReturn relative to average drawdown | 3.45 | 4.16 | -0.72 |
Loading charts...
Drawdowns
STYAX vs. BCOIX - Drawdown Comparison
The maximum STYAX drawdown since its inception was -18.83%, roughly equal to the maximum BCOIX drawdown of -18.13%. Use the drawdown chart below to compare losses from any high point for STYAX and BCOIX.
Loading charts...
Drawdown Indicators
| STYAX | BCOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.83% | -18.13% | -0.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -2.58% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -6.13% | -5.61% | -0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -18.83% | -18.13% | -0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -18.83% | -18.13% | -0.70% |
Current DrawdownCurrent decline from peak | -1.70% | -1.39% | -0.31% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -2.18% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.94% | +0.10% |
Volatility
STYAX vs. BCOIX - Volatility Comparison
Allspring Core Plus Bond Fund (STYAX) and Baird Core Plus Bond Fund (BCOIX) have volatilities of 1.17% and 1.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| STYAX | BCOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.13% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 2.82% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 3.65% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.68% | 5.65% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.70% | 4.68% | +0.02% |
STYAX vs. BCOIX - Expense Ratio Comparison
STYAX has a 0.69% expense ratio, which is higher than BCOIX's 0.30% expense ratio.
Dividends
STYAX vs. BCOIX - Dividend Comparison
STYAX's dividend yield for the trailing twelve months is around 4.56%, more than BCOIX's 4.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCOIX Baird Core Plus Bond Fund | 4.37% | 4.21% | 4.13% | 3.58% | 3.10% | 2.96% | 3.51% | 2.96% | 3.13% | 2.83% | 3.01% | 2.84% |
STYAX Allspring Core Plus Bond Fund | 4.56% | 4.52% | 4.58% | 3.94% | 2.48% | 2.39% | 5.18% | 3.67% | 2.70% | 2.61% | 2.81% | 2.23% |
Frequently Asked Questions
With a correlation of 0.95, STYAX and BCOIX 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.
STYAX has higher volatility (1.17%) compared to BCOIX (1.13%). In terms of maximum drawdown, STYAX dropped -18.83% vs BCOIX's -18.13%.
BCOIX currently has the higher Sharpe Ratio (1.07 vs 0.97), 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 STYAX and BCOIX
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