BBBIX vs. VMFXX
Compare and contrast key facts about BBH Limited Duration Fund (BBBIX) and Vanguard Federal Money Market Fund (VMFXX).
BBBIX is managed by BBH. It was launched on Jul 20, 2000. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBBIX or VMFXX.
Performance
BBBIX vs. VMFXX - Performance Comparison
Returns By Period
In the year-to-date period, BBBIX achieves a 5.82% return, which is significantly higher than VMFXX's 4.46% return. Over the past 10 years, BBBIX has outperformed VMFXX with an annualized return of 2.85%, while VMFXX has yielded a comparatively lower 1.57% annualized return.
BBBIX
5.82%
0.40%
3.61%
7.73%
3.41%
2.85%
VMFXX
4.46%
0.41%
2.64%
5.39%
2.34%
1.57%
Key characteristics
| BBBIX | VMFXX | |
|---|---|---|
| Sharpe Ratio | 4.52 | 3.63 |
| Ulcer Index | 0.11% | 0.00% |
| Daily Std Dev | 1.71% | 1.48% |
| Max Drawdown | -6.60% | 0.00% |
| Current Drawdown | 0.00% | 0.00% |
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BBBIX vs. VMFXX - Expense Ratio Comparison
BBBIX has a 0.27% expense ratio, which is higher than VMFXX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between BBBIX and VMFXX is 0.14, 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.
Risk-Adjusted Performance
BBBIX vs. VMFXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BBH Limited Duration Fund (BBBIX) and Vanguard Federal Money Market Fund (VMFXX). 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
BBBIX vs. VMFXX - Dividend Comparison
BBBIX's dividend yield for the trailing twelve months is around 4.87%, less than VMFXX's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBBIX BBH Limited Duration Fund | 4.87% | 4.29% | 2.37% | 1.46% | 2.30% | 3.01% | 2.67% | 2.09% | 2.23% | 2.11% | 1.57% | 1.60% |
VMFXX Vanguard Federal Money Market Fund | 5.24% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% | 0.00% | 0.00% | 0.00% | 0.01% |
Drawdowns
BBBIX vs. VMFXX - Drawdown Comparison
The maximum BBBIX drawdown since its inception was -6.60%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BBBIX and VMFXX. For additional features, visit the drawdowns tool.
Volatility
BBBIX vs. VMFXX - Volatility Comparison
BBH Limited Duration Fund (BBBIX) has a higher volatility of 0.58% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.41%. This indicates that BBBIX's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.