BND vs. IBM
BND (Vanguard Total Bond Market ETF) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index, while IBM (International Business Machines Corporation) is a stock. Over the past 10 years, BND returned 1.43%/yr vs 7.64%/yr for IBM. At a correlation of -0.12, they often move in opposite directions.
Performance
BND vs. IBM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BND achieves a 0.08% return, which is significantly higher than IBM's -27.15% return. Over the past 10 years, BND has underperformed IBM with an annualized return of 1.43%, while IBM has yielded a comparatively higher 7.64% annualized return.
BND
- 1D
- -0.25%
- 1M
- -0.57%
- 6M
- -0.09%
- YTD
- 0.08%
- 1Y
- 3.77%
- 3Y*
- 3.82%
- 5Y*
- -0.23%
- 10Y*
- 1.43%
- ALL TIME*
- 3.03%
IBM
- 1D
- 0.16%
- 1M
- -14.49%
- 6M
- -29.40%
- YTD
- -27.15%
- 1Y
- -23.58%
- 3Y*
- 19.09%
- 5Y*
- 13.91%
- 10Y*
- 7.64%
- ALL TIME*
- 7.00%
BND vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 0.08% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
IBM International Business Machines Corporation | -27.15% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Correlation
The correlation between BND and IBM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2007 | -0.12 |
The correlation between BND and IBM shifts across timeframes, from -0.12 (all time) to 0.13 (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.
Return for Risk
BND vs. IBM — Risk / Return Rank
BND
IBM
BND vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and International Business Machines Corporation (IBM). 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.
| BND | IBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.94 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | -0.66 | +2.07 |
| Martin ratioReturn relative to average drawdown | 3.81 | -1.53 | +5.35 |
Loading charts...
Drawdowns
BND vs. IBM - Drawdown Comparison
The maximum BND drawdown since its inception was -18.58%, smaller than the maximum IBM drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for BND and IBM.
Loading charts...
Drawdown Indicators
| BND | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.58% | -69.40% | +50.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.68% | -35.85% | +33.17% |
Max Drawdown (3Y)Largest decline over 3 years | -5.59% | -35.85% | +30.26% |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | -35.85% | +17.94% |
Max Drawdown (10Y)Largest decline over 10 years | -18.58% | -40.59% | +22.01% |
Current DrawdownCurrent decline from peak | -2.55% | -35.30% | +32.75% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -20.12% | +17.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 15.44% | -14.45% |
Volatility
BND vs. IBM - Volatility Comparison
The current volatility for Vanguard Total Bond Market ETF (BND) is 1.08%, while International Business Machines Corporation (IBM) has a volatility of 32.02%. This indicates that BND experiences smaller price fluctuations and is considered to be less risky than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BND | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 32.02% | -30.94% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 46.34% | -43.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 48.36% | -44.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.03% | 29.86% | -23.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.53% | 27.97% | -22.44% |
Dividends
BND vs. IBM - Dividend Comparison
BND's dividend yield for the trailing twelve months is around 4.00%, more than IBM's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 4.00% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
IBM International Business Machines Corporation | 3.16% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
Frequently Asked Questions
BND and IBM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (32.02%) compared to BND (1.08%). In terms of maximum drawdown, BND dropped -18.58% vs IBM's -69.40%.
BND currently has the higher Sharpe Ratio (1.02 vs -0.49), 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.
Find the right allocation for BND and IBM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer