DANA vs. BSV

Last updated Jun 4, 2026

DANA (Dana Limited Volatility ETF) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both Short-Term Bond funds. DANA is actively managed, while BSV is passively managed. At a 0.28 correlation, their price movements are largely independent. DANA charges 0.35%/yr vs 0.03%/yr for BSV.

Performance

DANA vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dana Limited Volatility ETF (DANA) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DANA achieves a 0.37% return, which is significantly higher than BSV's 0.29% return.

DANA

• 1D: -0.20%
• 1M: 0.21%
• YTD: 0.37%
• 6M: 1.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSV

• 1D: -0.08%
• 1M: 0.06%
• YTD: 0.29%
• 6M: 0.52%
• 1Y: 3.68%
• 3Y*: 4.41%
• 5Y*: 1.62%
• 10Y*: 1.95%

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

DANA vs. BSV - Yearly Performance Comparison

	2026 (YTD)	2025
DANA Dana Limited Volatility ETF	0.37%	0.81%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	0.29%	0.22%

Correlation

The correlation between DANA and BSV is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.28

Return for Risk

DANA vs. BSV — Risk / Return Rank

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

BSV

BSV Risk / Return Rank: 61
BSV Sharpe Ratio Rank: 59
BSV Sortino Ratio Rank: 71
BSV Omega Ratio Rank: 63
BSV Calmar Ratio Rank: 57
BSV Martin Ratio Rank: 57

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.

DANA vs. BSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dana Limited Volatility ETF (DANA) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). 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.

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

Sharpe Ratios by Period

	DANA	BSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.85	-0.02

Drawdowns

DANA vs. BSV - Drawdown Comparison

The maximum DANA drawdown since its inception was -1.04%, smaller than the maximum BSV drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for DANA and BSV.

Drawdown Indicators

	DANA	BSV	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-8.54%	+7.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-8.54%	—
Current Drawdown Current decline from peak	-0.53%	-0.63%	+0.10%
Average Drawdown Average peak-to-trough decline	-0.52%	-0.97%	+0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.37%	—

Volatility

Volatility by Period

	DANA	BSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.92%	1.81%	+1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.92%	2.72%	+0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.92%	2.37%	+0.55%

DANA vs. BSV - Expense Ratio Comparison

DANA has a 0.35% expense ratio, which is higher than BSV's 0.03% expense ratio.

Dividends

DANA vs. BSV - Dividend Comparison

DANA's dividend yield for the trailing twelve months is around 1.46%, less than BSV's 4.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSV Vanguard Short-Term Bond Index Fund ETF Shares	4.00%	3.83%	3.38%	2.46%	1.50%	1.45%	1.79%	2.29%	1.99%	1.65%	1.48%	1.40%
DANA Dana Limited Volatility ETF	1.46%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DANA and BSV in my portfolio?

DANA and BSV have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DANA or BSV?

On fees, BSV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DANA or BSV?

BSV is cheaper with a 0.03% expense ratio, compared with 0.35% for DANA.

Which ETF pays a higher dividend yield, DANA or BSV?

BSV has the higher dividend yield at 4.00%, compared with 1.46% for DANA.

What is the main difference between DANA and BSV?

They also come from different issuers: Dana and Vanguard. Their fees differ too: 0.35% for DANA and 0.03% for BSV.