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BND vs. COLO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BND vs. COLO

Last updated Jun 9, 2026

BND (Vanguard Total Bond Market ETF) and COLO (Global X MSCI Colombia ETF) are both exchange-traded funds - BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index, while COLO is a Latin America Equities fund tracking the MSCI All Colombia Select 25/50 Index. Both are passively managed. Over the past 10 years, BND returned 1.53%/yr vs 5.85%/yr for COLO. At a correlation of -0.02, they often move in opposite directions. BND charges 0.03%/yr vs 0.62%/yr for COLO.

Performance

BND vs. COLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market ETF (BND) and Global X MSCI Colombia ETF (COLO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BND achieves a -0.07% return, which is significantly lower than COLO's 13.08% return. Over the past 10 years, BND has underperformed COLO with an annualized return of 1.53%, while COLO has yielded a comparatively higher 5.85% annualized return.

BND

1D
-0.03%
1M
-0.67%
YTD
-0.07%
6M
0.23%
1Y
4.87%
3Y*
3.89%
5Y*
-0.05%
10Y*
1.53%

COLO

1D
1.13%
1M
8.01%
YTD
13.08%
6M
13.71%
1Y
45.86%
3Y*
31.80%
5Y*
14.02%
10Y*
5.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BND vs. COLO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BND
Vanguard Total Bond Market ETF		-0.07%7.08%1.38%5.65%-13.11%-1.86%7.71%8.84%-0.12%3.57%
COLO
Global X MSCI Colombia ETF		13.08%68.88%4.68%24.92%-21.32%-11.50%-14.60%30.42%-19.88%11.88%

Correlation

The correlation between BND and COLO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.13

Correlation (10Y)
Calculated over the trailing 10-year period

0.05

Correlation (All Time)
Calculated using the full available price history since Feb 10, 2009

-0.02

The correlation between BND and COLO shifts across timeframes, from -0.02 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Total Bond Market ETF

Global X MSCI Colombia ETF

Often compared with BND:
BND vs. BNDXBND vs. FXNAXBND vs. AGGBND vs. FBNDBND vs. BNDWBND vs. TLTBND vs. VBTLX
Often compared with COLO:
COLO vs. GVALCOLO vs. EWZCOLO vs. ECHCOLO vs. GRIDCOLO vs. EPUCOLO vs. LRCXCOLO vs. HAP

Return for Risk

BND vs. COLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BND
BND Risk / Return Rank: 4040
Overall Rank
BND Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
BND Sortino Ratio Rank: 4343
Sortino Ratio Rank
BND Omega Ratio Rank: 3838
Omega Ratio Rank
BND Calmar Ratio Rank: 4040
Calmar Ratio Rank
BND Martin Ratio Rank: 3838
Martin Ratio Rank
COLO
COLO Risk / Return Rank: 6363
Overall Rank
COLO Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
COLO Sortino Ratio Rank: 7070
Sortino Ratio Rank
COLO Omega Ratio Rank: 6868
Omega Ratio Rank
COLO Calmar Ratio Rank: 5858
Calmar Ratio Rank
COLO Martin Ratio Rank: 4747
Martin Ratio Rank
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 vs. COLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and Global X MSCI Colombia ETF (COLO). 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.

BNDCOLODifference
Sharpe ratioReturn per unit of total volatility
1.32
2.06

-0.74

Sortino ratioReturn per unit of downside risk
1.96
2.84

-0.88

Omega ratioGain probability vs. loss probability

1.23

1.36

-0.13

Calmar ratioReturn relative to maximum drawdown

1.83

2.59

-0.76

Martin ratioReturn relative to average drawdown

5.43

7.04

-1.61

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 vs. COLO - Sharpe Ratio Comparison

The current BND Sharpe Ratio is 1.32, which is lower than the COLO Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of BND and COLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BNDCOLODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

2.06

-0.74

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

0.61

-0.61

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.23

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.22

+0.37

Drawdowns

BND vs. COLO - Drawdown Comparison

The maximum BND drawdown since its inception was -18.58%, smaller than the maximum COLO drawdown of -78.91%. Use the drawdown chart below to compare losses from any high point for BND and COLO.

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Drawdown Indicators

BNDCOLODifference

Max Drawdown

Largest peak-to-trough decline

-18.58%

-78.91%

+60.33%

Max Drawdown (1Y)

Largest decline over 1 year

-2.68%

-17.79%

+15.11%

Max Drawdown (3Y)

Largest decline over 3 years

-5.92%

-18.35%

+12.43%

Max Drawdown (5Y)

Largest decline over 5 years

-17.91%

-43.86%

+25.95%

Max Drawdown (10Y)

Largest decline over 10 years

-18.58%

-62.75%

+44.17%

Current Drawdown

Current decline from peak

-2.70%

-23.24%

+20.54%

Average Drawdown

Average peak-to-trough decline

-3.06%

-40.31%

+37.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.90%

6.54%

-5.64%

Volatility

BND vs. COLO - Volatility Comparison

The current volatility for Vanguard Total Bond Market ETF (BND) is 1.20%, while Global X MSCI Colombia ETF (COLO) has a volatility of 11.02%. This indicates that BND experiences smaller price fluctuations and is considered to be less risky than COLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BNDCOLODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.20%

11.02%

-9.82%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

19.61%

-16.92%

Volatility (1Y)

Calculated over the trailing 1-year period

3.72%

22.43%

-18.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.02%

23.23%

-17.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.53%

25.43%

-19.90%

BND vs. COLO - Expense Ratio Comparison

BND has a 0.03% expense ratio, which is lower than COLO's 0.62% expense ratio.

Dividends

BND vs. COLO - Dividend Comparison

BND's dividend yield for the trailing twelve months is around 3.98%, less than COLO's 6.64% yield.

PositionTTM20252024202320222021202020192018201720162015
BND
Vanguard Total Bond Market ETF		3.98%3.86%3.67%3.09%2.60%2.12%2.38%2.72%2.81%2.54%2.51%2.57%
COLO
Global X MSCI Colombia ETF		6.64%7.51%6.08%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%

Frequently Asked Questions

BND and COLO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

COLO has higher volatility (11.02%) compared to BND (1.20%). In terms of maximum drawdown, BND dropped -18.58% vs COLO's -78.91%.

On 10-year performance, COLO leads with 5.85% vs 1.53% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, COLO has performed better with a 5.85% return vs 1.53%. 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 0.62% for COLO.

COLO has the higher dividend yield at 6.64%, compared with 3.98% for BND.

BND is categorized as Total Bond Market, while COLO is Latin America Equities. BND tracks Bloomberg U.S. Aggregate Float Adjusted Index, while COLO tracks MSCI All Colombia Select 25/50 Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.03% for BND and 0.62% for COLO.

COLO currently has the higher Sharpe Ratio (2.06 vs 1.32), 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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