TSBIX vs. BAGSX
Compare and contrast key facts about TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Baird Aggregate Bond Fund (BAGSX).
TSBIX is managed by TIAA Investments. BAGSX 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: TSBIX or BAGSX.
Key characteristics
| TSBIX | BAGSX | |
|---|---|---|
| YTD Return | 2.52% | 1.84% |
| 1Y Return | 7.77% | 7.38% |
| 3Y Return (Ann) | -2.22% | -2.23% |
| 5Y Return (Ann) | -0.66% | -0.25% |
| 10Y Return (Ann) | 1.25% | 1.47% |
| Sharpe Ratio | 1.56 | 1.45 |
| Sortino Ratio | 2.33 | 2.14 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 0.55 | 0.55 |
| Martin Ratio | 5.88 | 5.36 |
| Ulcer Index | 1.53% | 1.61% |
| Daily Std Dev | 5.79% | 5.92% |
| Max Drawdown | -20.07% | -19.80% |
| Current Drawdown | -9.28% | -9.10% |
Correlation
The correlation between TSBIX and BAGSX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSBIX vs. BAGSX - Performance Comparison
In the year-to-date period, TSBIX achieves a 2.52% return, which is significantly higher than BAGSX's 1.84% return. Over the past 10 years, TSBIX has underperformed BAGSX with an annualized return of 1.25%, while BAGSX has yielded a comparatively higher 1.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TSBIX vs. BAGSX - Expense Ratio Comparison
TSBIX has a 0.35% expense ratio, which is lower than BAGSX's 0.55% expense ratio.
Risk-Adjusted Performance
TSBIX vs. BAGSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Baird Aggregate Bond Fund (BAGSX). 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
TSBIX vs. BAGSX - Dividend Comparison
TSBIX's dividend yield for the trailing twelve months is around 4.29%, more than BAGSX's 3.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSBIX TIAA-CREF Core Impact Bond Fund Institutional Class | 4.29% | 3.77% | 2.83% | 1.68% | 2.14% | 2.80% | 2.88% | 2.45% | 2.55% | 2.39% | 1.99% | 1.59% |
BAGSX Baird Aggregate Bond Fund | 3.51% | 3.10% | 2.33% | 1.58% | 1.94% | 2.41% | 2.53% | 2.21% | 2.14% | 2.17% | 2.53% | 2.99% |
Drawdowns
TSBIX vs. BAGSX - Drawdown Comparison
The maximum TSBIX drawdown since its inception was -20.07%, roughly equal to the maximum BAGSX drawdown of -19.80%. Use the drawdown chart below to compare losses from any high point for TSBIX and BAGSX. For additional features, visit the drawdowns tool.
Volatility
TSBIX vs. BAGSX - Volatility Comparison
TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Baird Aggregate Bond Fund (BAGSX) have volatilities of 1.63% and 1.66%, 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.