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BIV vs. BLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BIV and BLV is -0.18. 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.


Performance

BIV vs. BLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Bond ETF (BIV) and Vanguard Long-Term Bond ETF (BLV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BIV:

1.03

BLV:

0.02

Sortino Ratio

BIV:

1.67

BLV:

0.24

Omega Ratio

BIV:

1.19

BLV:

1.03

Calmar Ratio

BIV:

0.50

BLV:

0.04

Martin Ratio

BIV:

2.79

BLV:

0.23

Ulcer Index

BIV:

2.21%

BLV:

5.92%

Daily Std Dev

BIV:

5.47%

BLV:

11.71%

Max Drawdown

BIV:

-18.95%

BLV:

-38.29%

Current Drawdown

BIV:

-6.19%

BLV:

-28.87%

Returns By Period

In the year-to-date period, BIV achieves a 2.87% return, which is significantly higher than BLV's 0.47% return. Over the past 10 years, BIV has outperformed BLV with an annualized return of 1.88%, while BLV has yielded a comparatively lower 1.38% annualized return.


BIV

YTD

2.87%

1M

0.16%

6M

2.80%

1Y

5.77%

5Y*

-0.50%

10Y*

1.88%

BLV

YTD

0.47%

1M

-0.21%

6M

-1.23%

1Y

0.72%

5Y*

-4.88%

10Y*

1.38%

*Annualized

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BIV vs. BLV - Expense Ratio Comparison

Both BIV and BLV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

BIV vs. BLV — Risk-Adjusted Performance Rank

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

BIV
The Risk-Adjusted Performance Rank of BIV is 7373
Overall Rank
The Sharpe Ratio Rank of BIV is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of BIV is 8484
Sortino Ratio Rank
The Omega Ratio Rank of BIV is 7878
Omega Ratio Rank
The Calmar Ratio Rank of BIV is 5353
Calmar Ratio Rank
The Martin Ratio Rank of BIV is 6767
Martin Ratio Rank

BLV
The Risk-Adjusted Performance Rank of BLV is 1717
Overall Rank
The Sharpe Ratio Rank of BLV is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of BLV is 1818
Sortino Ratio Rank
The Omega Ratio Rank of BLV is 1717
Omega Ratio Rank
The Calmar Ratio Rank of BLV is 1717
Calmar Ratio Rank
The Martin Ratio Rank of BLV is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BIV vs. BLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond ETF (BIV) and Vanguard Long-Term Bond ETF (BLV). 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.


The current BIV Sharpe Ratio is 1.03, which is higher than the BLV Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of BIV and BLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BIV vs. BLV - Dividend Comparison

BIV's dividend yield for the trailing twelve months is around 3.87%, less than BLV's 4.72% yield.


TTM20242023202220212020201920182017201620152014
BIV
Vanguard Intermediate-Term Bond ETF
3.87%3.79%3.10%2.41%3.42%2.96%2.75%2.87%2.69%2.38%3.02%3.96%
BLV
Vanguard Long-Term Bond ETF
4.72%4.68%4.06%4.17%3.37%5.84%3.57%4.07%3.63%4.16%4.37%3.90%

Drawdowns

BIV vs. BLV - Drawdown Comparison

The maximum BIV drawdown since its inception was -18.95%, smaller than the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for BIV and BLV. For additional features, visit the drawdowns tool.


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Volatility

BIV vs. BLV - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Bond ETF (BIV) is 1.60%, while Vanguard Long-Term Bond ETF (BLV) has a volatility of 3.25%. This indicates that BIV experiences smaller price fluctuations and is considered to be less risky than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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