BOND vs. BNDX
Compare and contrast key facts about PIMCO Active Bond ETF (BOND) and Vanguard Total International Bond ETF (BNDX).
BOND and BNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOND or BNDX.
Key characteristics
| BOND | BNDX | |
|---|---|---|
| YTD Return | 2.73% | 2.97% |
| 1Y Return | 9.22% | 7.61% |
| 3Y Return (Ann) | -1.86% | -0.85% |
| 5Y Return (Ann) | 0.19% | -0.04% |
| 10Y Return (Ann) | 1.89% | 2.01% |
| Sharpe Ratio | 1.60 | 1.81 |
| Sortino Ratio | 2.30 | 2.73 |
| Omega Ratio | 1.28 | 1.32 |
| Calmar Ratio | 0.59 | 0.66 |
| Martin Ratio | 6.31 | 6.57 |
| Ulcer Index | 1.41% | 1.13% |
| Daily Std Dev | 5.55% | 4.13% |
| Max Drawdown | -19.71% | -16.23% |
| Current Drawdown | -7.13% | -4.63% |
Correlation
The correlation between BOND and BNDX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BOND vs. BNDX - Performance Comparison
In the year-to-date period, BOND achieves a 2.73% return, which is significantly lower than BNDX's 2.97% return. Over the past 10 years, BOND has underperformed BNDX with an annualized return of 1.89%, while BNDX has yielded a comparatively higher 2.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BOND vs. BNDX - Expense Ratio Comparison
BOND has a 0.57% expense ratio, which is higher than BNDX's 0.07% expense ratio.
Risk-Adjusted Performance
BOND vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Active Bond ETF (BOND) and Vanguard Total International Bond ETF (BNDX). 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.
Dividends
BOND vs. BNDX - Dividend Comparison
BOND's dividend yield for the trailing twelve months is around 5.58%, more than BNDX's 4.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOND PIMCO Active Bond ETF | 5.58% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% | 2.82% |
BNDX Vanguard Total International Bond ETF | 4.77% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
BOND vs. BNDX - Drawdown Comparison
The maximum BOND drawdown since its inception was -19.71%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for BOND and BNDX. For additional features, visit the drawdowns tool.
Volatility
BOND vs. BNDX - Volatility Comparison
PIMCO Active Bond ETF (BOND) has a higher volatility of 1.55% compared to Vanguard Total International Bond ETF (BNDX) at 0.93%. This indicates that BOND's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.