APDFX vs. BND
Compare and contrast key facts about Artisan High Income Fund Advisor Class (APDFX) and Vanguard Total Bond Market ETF (BND).
APDFX is an actively managed fund by Artisan. It was launched on Mar 19, 2014. BND is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It was launched on Apr 3, 2007.
Performance
APDFX vs. BND - Performance Comparison
Loading graphics...
APDFX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APDFX Artisan High Income Fund Advisor Class | -1.96% | 8.32% | 8.46% | 15.98% | -10.57% | 3.99% | 9.67% | 14.84% | -1.40% | 9.01% |
BND Vanguard Total Bond Market ETF | 0.05% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Returns By Period
In the year-to-date period, APDFX achieves a -1.96% return, which is significantly lower than BND's 0.05% return. Over the past 10 years, APDFX has outperformed BND with an annualized return of 6.69%, while BND has yielded a comparatively lower 1.67% annualized return.
APDFX
- 1D
- 0.11%
- 1M
- -2.09%
- YTD
- -1.96%
- 6M
- -0.88%
- 1Y
- 5.03%
- 3Y*
- 8.40%
- 5Y*
- 3.97%
- 10Y*
- 6.69%
BND
- 1D
- 0.22%
- 1M
- -1.74%
- YTD
- 0.05%
- 6M
- 0.95%
- 1Y
- 4.24%
- 3Y*
- 3.59%
- 5Y*
- 0.24%
- 10Y*
- 1.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APDFX vs. BND - Expense Ratio Comparison
APDFX has a 0.80% expense ratio, which is higher than BND's 0.03% expense ratio.
Return for Risk
APDFX vs. BND — Risk / Return Rank
APDFX
BND
APDFX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan High Income Fund Advisor Class (APDFX) and Vanguard Total Bond Market ETF (BND). 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.
| APDFX | BND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 0.99 | +0.65 |
Sortino ratioReturn per unit of downside risk | 2.45 | 1.41 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.18 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.81 | +0.01 |
Martin ratioReturn relative to average drawdown | 7.01 | 4.98 | +2.03 |
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
| APDFX | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 0.99 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.04 | +0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.28 | 0.30 | +0.98 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.59 | +0.51 |
Correlation
The correlation between APDFX and BND 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.
Dividends
APDFX vs. BND - Dividend Comparison
APDFX's dividend yield for the trailing twelve months is around 6.53%, more than BND's 3.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APDFX Artisan High Income Fund Advisor Class | 6.53% | 6.86% | 7.27% | 7.39% | 6.34% | 5.41% | 5.42% | 6.94% | 7.17% | 8.01% | 6.70% | 7.48% |
BND Vanguard Total Bond Market ETF | 3.91% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Drawdowns
APDFX vs. BND - Drawdown Comparison
The maximum APDFX drawdown since its inception was -21.52%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for APDFX and BND.
Loading graphics...
Drawdown Indicators
| APDFX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.52% | -18.58% | -2.94% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -2.44% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -14.64% | -17.91% | +3.27% |
Max Drawdown (10Y)Largest decline over 10 years | -21.52% | -18.58% | -2.94% |
Current DrawdownCurrent decline from peak | -2.64% | -2.58% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -3.07% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 0.89% | -0.17% |
Volatility
APDFX vs. BND - Volatility Comparison
The current volatility for Artisan High Income Fund Advisor Class (APDFX) is 1.07%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.63%. This indicates that APDFX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| APDFX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 1.63% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 2.52% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 4.30% | -0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.91% | 6.00% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.24% | 5.52% | -0.28% |