Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX)
Fund Info
| ISIN | US9219375048 |
|---|---|
| CUSIP | 921937504 |
| Issuer | Vanguard |
| Inception Date | Sep 18, 1995 |
| Category | Total Bond Market |
| Min. Investment | $5,000,000 |
| Home Page | advisors.vanguard.com |
| Asset Class | Bond |
Expense Ratio
VBTIX has an expense ratio of 0.04%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: VBTIX vs. PTTRX, VBTIX vs. BND, VBTIX vs. BNDW, VBTIX vs. MWTIX, VBTIX vs. VTINX, VBTIX vs. VTHRX, VBTIX vs. SPY, VBTIX vs. VTSPX, VBTIX vs. SWAGX, VBTIX vs. VWNAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Total Bond Market Index Fund Institutional Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Total Bond Market Index Fund Institutional Shares had a return of 1.37% year-to-date (YTD) and 6.68% in the last 12 months. Over the past 10 years, Vanguard Total Bond Market Index Fund Institutional Shares had an annualized return of 1.36%, while the S&P 500 had an annualized return of 11.39%, indicating that Vanguard Total Bond Market Index Fund Institutional Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.37% | 25.48% |
| 1 month | -1.24% | 2.14% |
| 6 months | 2.40% | 12.76% |
| 1 year | 6.68% | 33.14% |
| 5 years (annualized) | -0.27% | 13.96% |
| 10 years (annualized) | 1.36% | 11.39% |
Monthly Returns
The table below presents the monthly returns of VBTIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.22% | -1.38% | 0.83% | -2.43% | 1.71% | 0.94% | 2.32% | 1.34% | 1.32% | -2.43% | 1.37% | ||
| 2023 | 3.20% | -2.54% | 2.57% | 0.56% | -1.08% | -0.36% | -0.04% | -0.57% | -2.48% | -1.56% | 4.52% | 3.71% | 5.76% |
| 2022 | -2.16% | -1.12% | -2.88% | -3.83% | 0.59% | -1.49% | 2.32% | -2.76% | -4.16% | -1.36% | 3.70% | -0.60% | -13.20% |
| 2021 | -0.78% | -1.50% | -1.43% | 0.96% | 0.25% | 0.78% | 1.22% | -0.19% | -0.90% | -0.02% | 0.34% | -0.55% | -1.85% |
| 2020 | 2.13% | 1.72% | -0.58% | 1.70% | 0.55% | 0.71% | 1.56% | -1.01% | 0.09% | -0.60% | 1.12% | 0.00% | 7.57% |
| 2019 | 1.02% | -0.06% | 1.96% | 0.06% | 1.84% | 1.16% | 0.24% | 2.79% | -0.59% | 0.23% | -0.05% | -0.14% | 8.73% |
| 2018 | -1.09% | -1.02% | 0.61% | -0.82% | 0.61% | 0.04% | 0.05% | 0.53% | -0.54% | -0.72% | 0.54% | 1.81% | -0.03% |
| 2017 | 0.30% | 0.67% | -0.06% | 0.77% | 0.68% | 0.03% | 0.40% | 0.86% | -0.52% | 0.12% | -0.17% | 0.41% | 3.53% |
| 2016 | 1.44% | 0.67% | 0.95% | 0.39% | 0.03% | 1.95% | 0.65% | -0.16% | -0.08% | -0.79% | -2.64% | 0.21% | 2.56% |
| 2015 | 2.33% | -1.07% | 0.39% | -0.36% | -0.44% | -0.99% | 0.76% | -0.35% | 0.77% | 0.03% | -0.26% | -0.43% | 0.33% |
| 2014 | 1.55% | 0.49% | -0.15% | 0.79% | 1.06% | 0.12% | -0.24% | 1.14% | -0.71% | 0.95% | 0.66% | -0.16% | 5.63% |
| 2013 | -0.70% | 0.56% | -0.07% | 0.93% | -1.70% | -1.65% | 0.21% | -0.63% | 0.97% | 0.79% | -0.33% | -0.71% | -2.36% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VBTIX is 17, indicating that it is in the bottom 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Total Bond Market Index Fund Institutional Shares provided a 3.61% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.30 | $0.24 | $0.21 | $0.26 | $0.30 | $0.29 | $0.27 | $0.27 | $0.27 | $0.28 | $0.27 |
Dividend yield | 3.61% | 3.12% | 2.54% | 1.91% | 2.25% | 2.74% | 2.78% | 2.53% | 2.49% | 2.51% | 2.57% | 2.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Total Bond Market Index Fund Institutional Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.29 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.30 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Total Bond Market Index Fund Institutional Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vanguard Total Bond Market Index Fund Institutional Shares was 19.01%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Vanguard Total Bond Market Index Fund Institutional Shares drawdown is 9.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.01% | Aug 7, 2020 | 558 | Oct 24, 2022 | — | — | — |
| -6.53% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -5.42% | Sep 10, 2008 | 37 | Oct 30, 2008 | 32 | Dec 16, 2008 | 69 |
| -4.98% | May 2, 2013 | 86 | Sep 5, 2013 | 174 | May 15, 2014 | 260 |
| -4.73% | Jun 16, 2003 | 43 | Aug 14, 2003 | 104 | Jan 13, 2004 | 147 |
Volatility
Volatility Chart
The current Vanguard Total Bond Market Index Fund Institutional Shares volatility is 1.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.