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BND vs. VCIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BNDVCIT
YTD Return-0.69%-0.26%
1Y Return2.29%5.30%
3Y Return (Ann)-2.48%-1.43%
5Y Return (Ann)0.31%1.71%
10Y Return (Ann)1.49%2.77%
Sharpe Ratio0.360.78
Daily Std Dev6.69%7.02%
Max Drawdown-18.84%-20.56%
Current Drawdown-11.20%-8.37%

Correlation

0.86
-1.001.00

The correlation between BND and VCIT is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

BND vs. VCIT - Performance Comparison

In the year-to-date period, BND achieves a -0.69% return, which is significantly lower than VCIT's -0.26% return. Over the past 10 years, BND has underperformed VCIT with an annualized return of 1.49%, while VCIT has yielded a comparatively higher 2.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


30.00%40.00%50.00%60.00%70.00%80.00%OctoberNovemberDecember2024FebruaryMarch
36.35%
76.69%
BND
VCIT

Compare stocks, funds, or ETFs


Vanguard Total Bond Market ETF

Vanguard Intermediate-Term Corporate Bond ETF

BND vs. VCIT - Expense Ratio Comparison

BND has a 0.03% expense ratio, which is lower than VCIT's 0.04% expense ratio.

VCIT
Vanguard Intermediate-Term Corporate Bond ETF
0.50%1.00%1.50%2.00%0.04%
0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

BND vs. VCIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BND
Vanguard Total Bond Market ETF
0.36
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
0.78

BND vs. VCIT - Sharpe Ratio Comparison

The current BND Sharpe Ratio is 0.36, which is lower than the VCIT Sharpe Ratio of 0.78. The chart below compares the 12-month rolling Sharpe Ratio of BND and VCIT.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.001.20OctoberNovemberDecember2024FebruaryMarch
0.36
0.78
BND
VCIT

Dividends

BND vs. VCIT - Dividend Comparison

BND's dividend yield for the trailing twelve months is around 3.23%, less than VCIT's 3.89% yield.


TTM20232022202120202019201820172016201520142013
BND
Vanguard Total Bond Market ETF
3.23%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
3.89%3.72%3.03%2.87%2.78%3.37%3.61%3.21%3.29%3.34%3.34%4.00%

Drawdowns

BND vs. VCIT - Drawdown Comparison

The maximum BND drawdown since its inception was -18.84%, smaller than the maximum VCIT drawdown of -20.56%. The drawdown chart below compares losses from any high point along the way for BND and VCIT


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%OctoberNovemberDecember2024FebruaryMarch
-11.20%
-8.37%
BND
VCIT

Volatility

BND vs. VCIT - Volatility Comparison

Vanguard Total Bond Market ETF (BND) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.24% and 1.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%OctoberNovemberDecember2024FebruaryMarch
1.24%
1.22%
BND
VCIT