BENPH.AX vs. BND

Last updated Apr 4, 2026

Compare and contrast key facts about Bendigo and Adelaide Bank Limited (BENPH.AX) and Vanguard Total Bond Market ETF (BND).

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

BENPH.AX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Bendigo and Adelaide Bank Limited (BENPH.AX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BENPH.AX is traded in AUD, while BND is traded in USD. To make them comparable, the BND values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BENPH.AX achieves a 0.31% return, which is significantly higher than BND's -3.06% return.

BENPH.AX

• 1D: 0.21%
• 1M: -0.22%
• YTD: 0.31%
• 6M: 1.47%
• 1Y: 4.02%
• 3Y*: 5.83%
• 5Y*: 4.00%
• 10Y*: —

BND

• 1D: 0.54%
• 1M: 0.79%
• YTD: -3.06%
• 6M: -3.47%
• 1Y: -9.35%
• 3Y*: 2.93%
• 5Y*: 2.28%
• 10Y*: 2.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BENPH.AX vs. BND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BENPH.AX Bendigo and Adelaide Bank Limited	0.31%	3.47%	6.91%	4.57%	2.25%	6.55%	1.39%
BND Vanguard Total Bond Market ETF	-3.06%	-0.69%	11.58%	5.73%	-7.37%	3.89%	-3.71%

Correlation

The correlation between BENPH.AX and BND is -0.02, meaning they tend to move in opposite directions. This is especially valuable for risk management — when one declines, the other has historically tended to hold steady or rise, cushioning overall portfolio drawdowns.

Return for Risk

BENPH.AX vs. BND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BENPH.AX

BENPH.AX Risk / Return Rank: 68
BENPH.AX Sharpe Ratio Rank: 69
BENPH.AX Sortino Ratio Rank: 58
BENPH.AX Omega Ratio Rank: 61
BENPH.AX Calmar Ratio Rank: 75
BENPH.AX Martin Ratio Rank: 78

BND

BND Risk / Return Rank: 47
BND Sharpe Ratio Rank: 52
BND Sortino Ratio Rank: 50
BND Omega Ratio Rank: 41
BND Calmar Ratio Rank: 53
BND Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BENPH.AX vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bendigo and Adelaide Bank Limited (BENPH.AX) 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.

	BENPH.AX	BND	Difference
Sharpe ratio Return per unit of total volatility	0.85	-0.52	+1.37
Sortino ratio Return per unit of downside risk	1.14	-0.71	+1.85
Omega ratio Gain probability vs. loss probability	1.17	0.92	+0.25
Calmar ratio Return relative to maximum drawdown	2.08	-0.43	+2.51
Martin ratio Return relative to average drawdown	5.86	-0.71	+6.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BENPH.AX vs. BND - Sharpe Ratio Comparison

The current BENPH.AX Sharpe Ratio is 0.85, which is higher than the BND Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of BENPH.AX and BND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BENPH.AX	BND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	-0.52	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.22	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.31	+0.52

Drawdowns

BENPH.AX vs. BND - Drawdown Comparison

The maximum BENPH.AX drawdown since its inception was -6.78%, smaller than the maximum BND drawdown of -34.43%. Use the drawdown chart below to compare losses from any high point for BENPH.AX and BND.

Drawdown Indicators

	BENPH.AX	BND	Difference
Max Drawdown Largest peak-to-trough decline	-6.78%	-18.58%	+11.80%
Max Drawdown (1Y) Largest decline over 1 year	-1.93%	-2.44%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-6.78%	-17.91%	+11.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-18.58%	—
Current Drawdown Current decline from peak	-0.35%	-2.32%	+1.97%
Average Drawdown Average peak-to-trough decline	-1.00%	-3.07%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	0.90%	-0.21%

Volatility

BENPH.AX vs. BND - Volatility Comparison

The current volatility for Bendigo and Adelaide Bank Limited (BENPH.AX) is 1.07%, while Vanguard Total Bond Market ETF (BND) has a volatility of 3.07%. This indicates that BENPH.AX 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.

Volatility by Period

	BENPH.AX	BND	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	3.07%	-2.00%
Volatility (6M) Calculated over the trailing 6-month period	2.58%	6.47%	-3.89%
Volatility (1Y) Calculated over the trailing 1-year period	4.88%	10.54%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.70%	10.33%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.72%	10.19%	-4.47%

Dividends

BENPH.AX vs. BND - Dividend Comparison

BENPH.AX's dividend yield for the trailing twelve months is around 5.18%, more than BND's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BENPH.AX Bendigo and Adelaide Bank Limited	5.18%	5.25%	5.47%	5.12%	3.33%	2.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BND Vanguard Total Bond Market ETF	3.92%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%