ANNPX vs. BIV
Compare and contrast key facts about Virtus Convertible Fund (ANNPX) and Vanguard Intermediate-Term Bond Index ETF (BIV).
ANNPX is managed by Allianz. It was launched on Apr 18, 1993. BIV is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Bond Index. It was launched on Apr 3, 2007.
Performance
ANNPX vs. BIV - Performance Comparison
Loading graphics...
ANNPX vs. BIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANNPX Virtus Convertible Fund | 2.37% | 22.50% | 14.13% | 8.39% | -18.65% | 4.96% | 55.99% | 26.45% | 2.76% | 15.22% |
BIV Vanguard Intermediate-Term Bond Index ETF | -0.23% | 8.52% | 1.57% | 6.07% | -13.21% | -2.40% | 9.67% | 10.34% | -0.19% | 3.65% |
Returns By Period
In the year-to-date period, ANNPX achieves a 2.37% return, which is significantly higher than BIV's -0.23% return. Over the past 10 years, ANNPX has outperformed BIV with an annualized return of 12.90%, while BIV has yielded a comparatively lower 2.04% annualized return.
ANNPX
- 1D
- 2.57%
- 1M
- -4.28%
- YTD
- 2.37%
- 6M
- 4.52%
- 1Y
- 29.42%
- 3Y*
- 14.71%
- 5Y*
- 5.23%
- 10Y*
- 12.90%
BIV
- 1D
- 0.00%
- 1M
- -1.57%
- YTD
- -0.23%
- 6M
- 0.54%
- 1Y
- 4.69%
- 3Y*
- 3.99%
- 5Y*
- 0.54%
- 10Y*
- 2.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANNPX vs. BIV - Expense Ratio Comparison
ANNPX has a 0.71% expense ratio, which is higher than BIV's 0.03% expense ratio.
Return for Risk
ANNPX vs. BIV — Risk / Return Rank
ANNPX
BIV
ANNPX vs. BIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Convertible Fund (ANNPX) and Vanguard Intermediate-Term Bond Index ETF (BIV). 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.
| ANNPX | BIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.09 | 1.04 | +1.05 |
Sortino ratioReturn per unit of downside risk | 2.77 | 1.50 | +1.27 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.18 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 4.11 | 1.74 | +2.37 |
Martin ratioReturn relative to average drawdown | 16.22 | 5.57 | +10.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ANNPX | BIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 1.04 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.09 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | 0.37 | +0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.65 | -0.13 |
Correlation
The correlation between ANNPX and BIV is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
ANNPX vs. BIV - Dividend Comparison
ANNPX's dividend yield for the trailing twelve months is around 11.00%, more than BIV's 4.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANNPX Virtus Convertible Fund | 11.00% | 11.32% | 2.31% | 2.56% | 1.55% | 20.74% | 6.94% | 5.12% | 18.79% | 23.47% | 2.88% | 10.63% |
BIV Vanguard Intermediate-Term Bond Index ETF | 4.14% | 4.01% | 3.79% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 3.01% | 3.02% |
Drawdowns
ANNPX vs. BIV - Drawdown Comparison
The maximum ANNPX drawdown since its inception was -55.61%, which is greater than BIV's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for ANNPX and BIV.
Loading graphics...
Drawdown Indicators
| ANNPX | BIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -18.95% | -36.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -2.87% | -4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -26.85% | -18.74% | -8.11% |
Max Drawdown (10Y)Largest decline over 10 years | -27.36% | -18.95% | -8.41% |
Current DrawdownCurrent decline from peak | -4.76% | -2.03% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -17.54% | -3.40% | -14.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 0.90% | +0.91% |
Volatility
ANNPX vs. BIV - Volatility Comparison
Virtus Convertible Fund (ANNPX) has a higher volatility of 6.71% compared to Vanguard Intermediate-Term Bond Index ETF (BIV) at 1.77%. This indicates that ANNPX's price experiences larger fluctuations and is considered to be riskier than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ANNPX | BIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.71% | 1.77% | +4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 2.74% | +8.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 4.55% | +9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.81% | 6.39% | +6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.47% | 5.50% | +7.97% |