BINC vs. BND
BINC (iShares Flexible Income Active ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - BINC is a Multisector Bonds fund actively managed by iShares, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. BINC is actively managed, while BND is passively managed. Over the past 3 years, BINC returned 7.10%/yr vs 3.92%/yr for BND. A 0.79 correlation means they provide meaningful diversification when combined. BINC charges 0.40%/yr vs 0.03%/yr for BND.
Performance
BINC vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, BINC achieves a 1.23% return, which is significantly higher than BND's 0.38% return.
BINC
- 1D
- -0.02%
- 1M
- 0.63%
- YTD
- 1.23%
- 6M
- 1.46%
- 1Y
- 5.64%
- 3Y*
- 7.10%
- 5Y*
- —
- 10Y*
- —
BND
- 1D
- -0.27%
- 1M
- 0.53%
- YTD
- 0.38%
- 6M
- 0.45%
- 1Y
- 4.37%
- 3Y*
- 3.92%
- 5Y*
- 0.04%
- 10Y*
- 1.55%
BINC vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 1.23% | 7.57% | 5.76% | 7.12% |
BND Vanguard Total Bond Market ETF | 0.38% | 7.08% | 1.38% | 3.48% |
Correlation
The correlation between BINC and BND is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.79 |
The correlation between BINC and BND has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
BINC vs. BND — Risk / Return Rank
BINC
BND
BINC vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Flexible Income Active ETF (BINC) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BINC | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.21 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 1.64 | +0.47 |
| Martin ratioReturn relative to average drawdown | 8.22 | 4.69 | +3.53 |
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Drawdowns
BINC vs. BND - Drawdown Comparison
The maximum BINC drawdown since its inception was -2.69%, smaller than the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for BINC and BND.
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Drawdown Indicators
| BINC | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.69% | -18.58% | +15.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.69% | -2.68% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -2.69% | -5.92% | +3.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -0.16% | -2.26% | +2.10% |
Average DrawdownAverage peak-to-trough decline | -0.36% | -3.06% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 0.93% | -0.24% |
Volatility
BINC vs. BND - Volatility Comparison
The current volatility for iShares Flexible Income Active ETF (BINC) is 0.60%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.08%. This indicates that BINC 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.
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Volatility by Period
| BINC | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | 1.08% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 1.88% | 2.77% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.30% | 3.74% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.99% | 6.03% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.99% | 5.54% | -2.55% |
BINC vs. BND - Expense Ratio Comparison
BINC has a 0.40% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
BINC vs. BND - Dividend Comparison
BINC's dividend yield for the trailing twelve months is around 5.85%, more than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 5.85% | 5.86% | 6.14% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Frequently Asked Questions
BINC and BND have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BND has higher volatility (1.08%) compared to BINC (0.60%). In terms of maximum drawdown, BINC dropped -2.69% vs BND's -18.58%.
On 3-year performance, BINC leads with 7.10% vs 3.92% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BINC has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BINC has performed better with a 7.10% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.40% for BINC.
BINC has the higher dividend yield at 5.85%, compared with 3.96% for BND.
BINC is categorized as Multisector Bonds, while BND is Total Bond Market. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.40% for BINC and 0.03% for BND.
BINC currently has the higher Sharpe Ratio (2.46 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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