BSV vs. BLV
Compare and contrast key facts about Vanguard Short-Term Bond ETF (BSV) and Vanguard Long-Term Bond ETF (BLV).
BSV and BLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. Both BSV and BLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSV or BLV.
Key characteristics
| BSV | BLV | |
|---|---|---|
| YTD Return | 3.23% | -2.39% |
| 1Y Return | 5.54% | 7.71% |
| 3Y Return (Ann) | 0.76% | -8.06% |
| 5Y Return (Ann) | 1.24% | -2.84% |
| 10Y Return (Ann) | 1.57% | 1.50% |
| Sharpe Ratio | 2.27 | 0.75 |
| Sortino Ratio | 3.49 | 1.12 |
| Omega Ratio | 1.44 | 1.13 |
| Calmar Ratio | 1.38 | 0.27 |
| Martin Ratio | 9.65 | 2.00 |
| Ulcer Index | 0.60% | 4.44% |
| Daily Std Dev | 2.55% | 11.87% |
| Max Drawdown | -8.54% | -38.29% |
| Current Drawdown | -1.38% | -27.99% |
Correlation
The correlation between BSV and BLV 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
BSV vs. BLV - Performance Comparison
In the year-to-date period, BSV achieves a 3.23% return, which is significantly higher than BLV's -2.39% return. Both investments have delivered pretty close results over the past 10 years, with BSV having a 1.57% annualized return and BLV not far behind at 1.50%. 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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BSV vs. BLV - Expense Ratio Comparison
Both BSV and BLV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSV vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond ETF (BSV) and Vanguard Long-Term Bond ETF (BLV). 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
BSV vs. BLV - Dividend Comparison
BSV's dividend yield for the trailing twelve months is around 3.26%, less than BLV's 4.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSV Vanguard Short-Term Bond ETF | 3.26% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% | 1.48% |
BLV Vanguard Long-Term Bond ETF | 4.54% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% | 4.85% |
Drawdowns
BSV vs. BLV - Drawdown Comparison
The maximum BSV drawdown since its inception was -8.54%, smaller than the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for BSV and BLV. For additional features, visit the drawdowns tool.
Volatility
BSV vs. BLV - Volatility Comparison
The current volatility for Vanguard Short-Term Bond ETF (BSV) is 0.59%, while Vanguard Long-Term Bond ETF (BLV) has a volatility of 3.94%. This indicates that BSV experiences smaller price fluctuations and is considered to be less risky than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.