BNDP vs. OILT

Last updated Aug 2, 2026

BNDP (Vanguard Core-Plus Bond Index ETF) and OILT (Texas Capital Texas Oil Index ETF) are both exchange-traded funds - BNDP is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Universal Float Adjusted Index, while OILT is a Energy Equities fund tracking the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. Both are passively managed. Their -0.46 correlation means they have often moved in opposite directions in the past. BNDP charges 0.05%/yr vs 0.35%/yr for OILT.

Performance

BNDP vs. OILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Core-Plus Bond Index ETF (BNDP) and Texas Capital Texas Oil Index ETF (OILT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNDP achieves a -0.46% return, which is significantly lower than OILT's 34.17% return.

BNDP

• 1D: -0.23%
• 1M: -1.08%
• 6M: -0.62%
• YTD: -0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

OILT

• 1D: 1.52%
• 1M: 12.96%
• 6M: 20.92%
• YTD: 34.17%
• 1Y: 41.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.92%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNDP Vanguard Core-Plus Bond Index ETF	$504.98K	$475.70K	$762.42K
OILT Texas Capital Texas Oil Index ETF	$81.32K	$66.65K	$96.97K

BNDP vs. OILT - Yearly Performance Comparison

	2026 (YTD)	2025
BNDP Vanguard Core-Plus Bond Index ETF	-0.46%	0.08%
OILT Texas Capital Texas Oil Index ETF	34.17%	-4.09%

Correlation

The correlation between BNDP and OILT is -0.46, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	-0.46

Return for Risk

BNDP vs. OILT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BNDP

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

OILT

OILT Risk / Return Rank: 50
OILT Sharpe Ratio Rank: 55
OILT Sortino Ratio Rank: 52
OILT Omega Ratio Rank: 49
OILT Calmar Ratio Rank: 51
OILT Martin Ratio Rank: 43

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BNDP vs. OILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Index ETF (BNDP) and Texas Capital Texas Oil Index ETF (OILT). 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.

	BNDP	OILT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.35	—
Sortino ratio: Return per unit of downside risk	—	1.86	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.83	—
Martin ratio: Return relative to average drawdown	—	4.74	—

Drawdowns

BNDP vs. OILT - Drawdown Comparison

The maximum BNDP drawdown since its inception was -2.60%, smaller than the maximum OILT drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for BNDP and OILT.

Drawdown Indicators

	BNDP	OILT	Difference
Max Drawdown Largest peak-to-trough decline	-2.60%	-35.21%	+32.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.72%	—
Current Drawdown Current decline from peak	-2.10%	-9.45%	+7.35%
Average Drawdown Average peak-to-trough decline	-0.98%	-13.02%	+12.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.97%	—

Volatility

Volatility by Period

	BNDP	OILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	28.10%	-24.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	28.73%	-25.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	28.73%	-25.08%

BNDP vs. OILT - Expense Ratio Comparison

BNDP has a 0.05% expense ratio, which is lower than OILT's 0.35% expense ratio.

Dividends

BNDP vs. OILT - Dividend Comparison

BNDP's dividend yield for the trailing twelve months is around 2.47%, less than OILT's 2.55% yield.

Position	TTM	2025	2024
BNDP Vanguard Core-Plus Bond Index ETF	2.47%	0.24%	0.00%
OILT Texas Capital Texas Oil Index ETF	2.55%	3.12%	2.63%

Frequently Asked Questions

Can I hold both BNDP and OILT in my portfolio?

BNDP and OILT have a correlation of -0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BNDP or OILT?

On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNDP or OILT?

BNDP is cheaper with a 0.05% expense ratio, compared with 0.35% for OILT.

Which ETF pays a higher dividend yield, BNDP or OILT?

OILT has the higher dividend yield at 2.55%, compared with 2.47% for BNDP.

What is the main difference between BNDP and OILT?

BNDP is categorized as Intermediate Core-Plus Bond, while OILT is Energy Equities. BNDP tracks Bloomberg U.S. Universal Float Adjusted Index, while OILT tracks Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. They also come from different issuers: Vanguard and Texas Capital. Their fees differ too: 0.05% for BNDP and 0.35% for OILT.