BND.TO vs. VTI

Last updated Jun 4, 2026

BND.TO (Purpose Global Bond Fund) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - BND.TO is a fund fund, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 10 years, BND.TO returned 3.00%/yr vs 15.92%/yr for VTI. At a 0.13 correlation, their price movements are largely independent.

Performance

BND.TO vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Global Bond Fund (BND.TO) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BND.TO is traded in CAD, while VTI is traded in USD. To make them comparable, the VTI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BND.TO achieves a 0.89% return, which is significantly lower than VTI's 12.98% return. Over the past 10 years, BND.TO has underperformed VTI with an annualized return of 3.00%, while VTI has yielded a comparatively higher 15.92% annualized return.

BND.TO

• 1D: -0.28%
• 1M: 0.77%
• YTD: 0.89%
• 6M: 1.18%
• 1Y: 6.14%
• 3Y*: 7.22%
• 5Y*: 3.27%
• 10Y*: 3.00%

VTI

• 1D: 0.00%
• 1M: 7.43%
• YTD: 12.98%
• 6M: 11.01%
• 1Y: 30.25%
• 3Y*: 23.63%
• 5Y*: 15.99%
• 10Y*: 15.92%

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

BND.TO vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BND.TO Purpose Global Bond Fund	0.89%	7.23%	7.49%	8.45%	-7.80%	2.85%	6.14%	4.16%	-0.91%	1.72%
VTI Vanguard Total Stock Market ETF	12.61%	11.73%	34.45%	23.27%	-13.79%	24.55%	19.03%	24.25%	2.80%	13.49%

Correlation

The correlation between BND.TO and VTI is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 29, 2015	0.13

BND.TO vs. VTI - Sectors Allocation Comparison

Sectors	BND.TO	VTI
Communication Services	100.0%	10.3%
Basic Materials	-	2.0%
Consumer Cyclical	-	10.0%
Consumer Defensive	-	4.7%
Energy	-	3.7%
Financial Services	-	12.0%
Healthcare	-	9.2%
Industrials	-	9.8%
Real Estate	-	2.4%
Technology	-	33.5%
Utilities	-	2.3%

Return for Risk

BND.TO vs. VTI — Risk / Return Rank

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

BND.TO

BND.TO Risk / Return Rank: 55
BND.TO Sharpe Ratio Rank: 58
BND.TO Sortino Ratio Rank: 61
BND.TO Omega Ratio Rank: 61
BND.TO Calmar Ratio Rank: 43
BND.TO Martin Ratio Rank: 52

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 69
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 67
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 75

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.

BND.TO vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Global Bond Fund (BND.TO) and Vanguard Total Stock Market ETF (VTI). 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.

	BND.TO	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.55	-0.53
Sortino ratio: Return per unit of downside risk	2.93	3.44	-0.50
Omega ratio: Gain probability vs. loss probability	1.38	1.48	-0.10
Calmar ratio: Return relative to maximum drawdown	2.17	3.53	-1.36
Martin ratio: Return relative to average drawdown	8.87	13.47	-4.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BND.TO vs. VTI - Sharpe Ratio Comparison

The current BND.TO Sharpe Ratio is 2.02, which is comparable to the VTI Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of BND.TO and VTI, 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

	BND.TO	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	2.55	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	1.04	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.97	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	1.10	-0.49

Drawdowns

BND.TO vs. VTI - Drawdown Comparison

The maximum BND.TO drawdown since its inception was -16.55%, smaller than the maximum VTI drawdown of -28.73%. Use the drawdown chart below to compare losses from any high point for BND.TO and VTI.

Drawdown Indicators

	BND.TO	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-16.55%	-28.73%	+12.18%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-8.61%	+5.77%
Max Drawdown (3Y) Largest decline over 3 years	-4.46%	-19.75%	+15.29%
Max Drawdown (5Y) Largest decline over 5 years	-12.23%	-23.50%	+11.27%
Max Drawdown (10Y) Largest decline over 10 years	-16.55%	-28.73%	+12.18%
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-2.07%	-3.47%	+1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	2.25%	-1.56%

Volatility

BND.TO vs. VTI - Volatility Comparison

The current volatility for Purpose Global Bond Fund (BND.TO) is 1.35%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 2.69%. This indicates that BND.TO experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BND.TO	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	2.69%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	2.52%	8.99%	-6.47%
Volatility (1Y) Calculated over the trailing 1-year period	3.06%	11.94%	-8.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.10%	15.42%	-10.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.15%	16.48%	-11.33%

Dividends

BND.TO vs. VTI - Dividend Comparison

BND.TO's dividend yield for the trailing twelve months is around 5.86%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BND.TO Purpose Global Bond Fund	5.86%	5.70%	5.24%	5.20%	4.14%	3.89%	3.48%	3.11%	3.96%	3.47%	3.26%	0.53%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BND.TO and VTI in my portfolio?

BND.TO and VTI have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.