BIV vs. VOO
Compare and contrast key facts about Vanguard Intermediate-Term Bond ETF (BIV) and Vanguard S&P 500 ETF (VOO).
BIV and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BIV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5. It was launched on Apr 3, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BIV and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIV or VOO.
Key characteristics
| BIV | VOO | |
|---|---|---|
| YTD Return | -3.40% | 6.29% |
| 1Y Return | -0.85% | 23.54% |
| 3Y Return (Ann) | -3.57% | 8.12% |
| 5Y Return (Ann) | 0.33% | 13.59% |
| 10Y Return (Ann) | 1.64% | 12.55% |
| Sharpe Ratio | -0.19 | 2.05 |
| Daily Std Dev | 7.15% | 11.71% |
| Max Drawdown | -18.95% | -33.99% |
| Current Drawdown | -13.27% | -3.86% |
Correlation
The correlation between BIV and VOO is -0.14. 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. VOO - Performance Comparison
In the year-to-date period, BIV achieves a -3.40% return, which is significantly lower than VOO's 6.29% return. Over the past 10 years, BIV has underperformed VOO with an annualized return of 1.64%, while VOO has yielded a comparatively higher 12.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BIV vs. VOO - Expense Ratio Comparison
Risk-Adjusted Performance
BIV vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond ETF (BIV) and Vanguard S&P 500 ETF (VOO). 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
BIV vs. VOO - Dividend Comparison
BIV's dividend yield for the trailing twelve months is around 3.43%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIV Vanguard Intermediate-Term Bond ETF | 3.43% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 2.38% | 3.02% | 3.96% | 4.22% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BIV vs. VOO - Drawdown Comparison
The maximum BIV drawdown since its inception was -18.95%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BIV and VOO. For additional features, visit the drawdowns tool.
Volatility
BIV vs. VOO - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Bond ETF (BIV) is 1.88%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.44%. This indicates that BIV experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.