BRLN vs. BND
Compare and contrast key facts about BlackRock Floating Rate Loan ETF (BRLN) and Vanguard Total Bond Market ETF (BND).
BRLN and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRLN is an actively managed fund by Blackrock. It was launched on Oct 4, 2022. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRLN or BND.
Key characteristics
| BRLN | BND | |
|---|---|---|
| YTD Return | 6.52% | 1.59% |
| 1Y Return | 8.75% | 7.87% |
| Sharpe Ratio | 3.04 | 1.34 |
| Sortino Ratio | 4.71 | 1.98 |
| Omega Ratio | 1.60 | 1.24 |
| Calmar Ratio | 8.72 | 0.50 |
| Martin Ratio | 29.39 | 4.75 |
| Ulcer Index | 0.30% | 1.65% |
| Daily Std Dev | 2.93% | 5.84% |
| Max Drawdown | -2.07% | -18.84% |
| Current Drawdown | -0.02% | -9.17% |
Correlation
The correlation between BRLN and BND is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BRLN vs. BND - Performance Comparison
In the year-to-date period, BRLN achieves a 6.52% return, which is significantly higher than BND's 1.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BRLN vs. BND - Expense Ratio Comparison
BRLN has a 0.55% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
BRLN vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Loan ETF (BRLN) and Vanguard Total Bond Market ETF (BND). 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
BRLN vs. BND - Dividend Comparison
BRLN's dividend yield for the trailing twelve months is around 7.90%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 7.90% | 9.06% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
BRLN vs. BND - Drawdown Comparison
The maximum BRLN drawdown since its inception was -2.07%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BRLN and BND. For additional features, visit the drawdowns tool.
Volatility
BRLN vs. BND - Volatility Comparison
The current volatility for BlackRock Floating Rate Loan ETF (BRLN) is 0.53%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.77%. This indicates that BRLN experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.