BOLSY vs. VTI

Last updated Jun 24, 2026

BOLSY (B3 S.A. - Brasil Bolsa Balcão) is a stock, while VTI (Vanguard Total Stock Market ETF) is Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 5 years, BOLSY returned 0.57%/yr vs 11.90%/yr for VTI. At a 0.16 correlation, their price movements are largely independent.

Performance

BOLSY vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in B3 S.A. - Brasil Bolsa Balcão (BOLSY) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOLSY achieves a 11.57% return, which is significantly higher than VTI's 8.82% return.

BOLSY

• 1D: -1.61%
• 1M: -14.40%
• YTD: 11.57%
• 6M: 18.30%
• 1Y: 19.16%
• 3Y*: 2.22%
• 5Y*: 0.57%
• 10Y*: —

VTI

• 1D: -1.39%
• 1M: -0.84%
• YTD: 8.82%
• 6M: 7.71%
• 1Y: 24.22%
• 3Y*: 20.62%
• 5Y*: 11.90%
• 10Y*: 15.14%

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

BOLSY vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BOLSY B3 S.A. - Brasil Bolsa Balcão	11.57%	55.55%	-40.33%	47.98%	12.67%	-40.53%
VTI Vanguard Total Stock Market ETF	8.82%	17.10%	23.81%	26.05%	-19.52%	13.86%

Correlation

The correlation between BOLSY and VTI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021	0.16

The correlation between BOLSY and VTI shifts across timeframes, from 0.16 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BOLSY vs. VTI — Risk / Return Rank

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

BOLSY

BOLSY Risk / Return Rank: 55
BOLSY Sharpe Ratio Rank: 57
BOLSY Sortino Ratio Rank: 53
BOLSY Omega Ratio Rank: 50
BOLSY Calmar Ratio Rank: 57
BOLSY Martin Ratio Rank: 60

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 58
VTI Sortino Ratio Rank: 56
VTI Omega Ratio Rank: 57
VTI Calmar Ratio Rank: 57
VTI Martin Ratio Rank: 68

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.

BOLSY vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for B3 S.A. - Brasil Bolsa Balcão (BOLSY) and Vanguard Total Stock Market ETF (VTI). 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.

	BOLSY	VTI	Difference
Sharpe ratio: Return per unit of total volatility	0.39	1.90	-1.51
Sortino ratio: Return per unit of downside risk	0.89	2.59	-1.71
Omega ratio: Gain probability vs. loss probability	1.10	1.34	-0.24
Calmar ratio: Return relative to maximum drawdown	0.63	2.73	-2.10
Martin ratio: Return relative to average drawdown	1.61	12.14	-10.53

BOLSY vs. VTI - Sharpe Ratio Comparison

The current BOLSY Sharpe Ratio is 0.39, which is lower than the VTI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of BOLSY and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOLSY vs. VTI - Drawdown Comparison

The maximum BOLSY drawdown since its inception was -63.57%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BOLSY and VTI.

Drawdown Indicators

	BOLSY	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-63.57%	-55.45%	-8.12%
Max Drawdown (1Y) Largest decline over 1 year	-30.73%	-8.92%	-21.81%
Max Drawdown (3Y) Largest decline over 3 years	-51.29%	-19.30%	-31.99%
Max Drawdown (5Y) Largest decline over 5 years	-56.00%	-25.36%	-30.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-28.13%	-2.85%	-25.28%
Average Drawdown Average peak-to-trough decline	-23.52%	-8.01%	-15.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.91%	2.00%	+9.91%

Volatility

BOLSY vs. VTI - Volatility Comparison

B3 S.A. - Brasil Bolsa Balcão (BOLSY) has a higher volatility of 12.53% compared to Vanguard Total Stock Market ETF (VTI) at 4.95%. This indicates that BOLSY's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOLSY	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.53%	4.95%	+7.58%
Volatility (6M) Calculated over the trailing 6-month period	37.04%	10.05%	+26.99%
Volatility (1Y) Calculated over the trailing 1-year period	49.45%	12.83%	+36.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.65%	17.51%	+43.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.81%	18.32%	+82.49%

Dividends

BOLSY vs. VTI - Dividend Comparison

BOLSY's dividend yield for the trailing twelve months is around 3.86%, more than VTI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOLSY B3 S.A. - Brasil Bolsa Balcão	3.86%	1.82%	4.50%	2.54%	3.67%	5.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BOLSY and VTI in my portfolio?

BOLSY and VTI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOLSY or VTI?

BOLSY has higher volatility (12.53%) compared to VTI (4.95%). In terms of maximum drawdown, BOLSY dropped -63.57% vs VTI's -55.45%.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.90 vs 0.39), 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.