BNDC vs. DDV

Last updated Jul 17, 2026

BNDC (FlexShares Core Select Bond Fund) and DDV (Defined Duration 5 ETF) are both Intermediate Core Bond funds. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. BNDC charges 0.35%/yr vs 0.25%/yr for DDV.

Performance

BNDC vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Core Select Bond Fund (BNDC) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNDC achieves a -0.18% return, which is significantly lower than DDV's 2.37% return.

BNDC

• 1D: -0.07%
• 1M: -0.58%
• 6M: -0.51%
• YTD: -0.18%
• 1Y: 3.76%
• 3Y*: 3.62%
• 5Y*: -0.52%
• 10Y*: —

DDV

• 1D: -0.07%
• 1M: -0.08%
• 6M: 1.88%
• YTD: 2.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BNDC vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
BNDC FlexShares Core Select Bond Fund	-0.18%	0.07%
DDV Defined Duration 5 ETF	2.37%	0.47%

Correlation

The correlation between BNDC and DDV is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025	0.70

Return for Risk

BNDC vs. DDV — Risk / Return Rank

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

BNDC

BNDC Risk / Return Rank: 32
BNDC Sharpe Ratio Rank: 34
BNDC Sortino Ratio Rank: 33
BNDC Omega Ratio Rank: 30
BNDC Calmar Ratio Rank: 32
BNDC Martin Ratio Rank: 30

DDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BNDC vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Core Select Bond Fund (BNDC) and Defined Duration 5 ETF (DDV). 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.

	BNDC	DDV	Difference
Sharpe ratio: Return per unit of total volatility	1.00	—	—
Sortino ratio: Return per unit of downside risk	1.49	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.32	—	—
Martin ratio: Return relative to average drawdown	3.40	—	—

Drawdowns

BNDC vs. DDV - Drawdown Comparison

The maximum BNDC drawdown since its inception was -18.80%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for BNDC and DDV.

Drawdown Indicators

	BNDC	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-18.80%	-1.92%	-16.88%
Max Drawdown (1Y) Largest decline over 1 year	-2.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.60%	—	—
Current Drawdown Current decline from peak	-3.58%	-0.27%	-3.31%
Average Drawdown Average peak-to-trough decline	-7.30%	-0.33%	-6.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	—	—

Volatility

Volatility by Period

	BNDC	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	2.67%	+1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	2.67%	+3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.01%	2.67%	+5.34%

BNDC vs. DDV - Expense Ratio Comparison

BNDC has a 0.35% expense ratio, which is higher than DDV's 0.25% expense ratio.

Dividends

BNDC vs. DDV - Dividend Comparison

BNDC's dividend yield for the trailing twelve months is around 4.17%, more than DDV's 1.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BNDC FlexShares Core Select Bond Fund	4.17%	4.16%	3.81%	3.19%	2.64%	1.72%	2.61%	2.89%	2.86%	2.50%	0.64%
DDV Defined Duration 5 ETF	1.62%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BNDC and DDV in my portfolio?

BNDC and DDV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BNDC or DDV?

On fees, DDV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNDC or DDV?

DDV is cheaper with a 0.25% expense ratio, compared with 0.35% for BNDC.

Which ETF pays a higher dividend yield, BNDC or DDV?

BNDC has the higher dividend yield at 4.17%, compared with 1.62% for DDV.

What is the main difference between BNDC and DDV?

They also come from different issuers: Northern Trust and Discipline Funds. Their fees differ too: 0.35% for BNDC and 0.25% for DDV.