DBND vs. VCSH
Compare and contrast key facts about DoubleLine Opportunistic Bond ETF (DBND) and Vanguard Short-Term Corporate Bond ETF (VCSH).
DBND and VCSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBND is a passively managed fund by DoubleLine that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Mar 31, 2022. VCSH is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. 1-5 Year Corporate Index. It was launched on Nov 19, 2009. Both DBND and VCSH 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: DBND or VCSH.
Correlation
The correlation between DBND and VCSH is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBND vs. VCSH - Performance Comparison
Key characteristics
DBND:
1.25
VCSH:
2.93
DBND:
1.81
VCSH:
4.53
DBND:
1.22
VCSH:
1.59
DBND:
1.51
VCSH:
5.15
DBND:
3.31
VCSH:
13.55
DBND:
1.88%
VCSH:
0.47%
DBND:
4.96%
VCSH:
2.19%
DBND:
-9.28%
VCSH:
-12.86%
DBND:
-0.96%
VCSH:
-0.15%
Returns By Period
In the year-to-date period, DBND achieves a 2.35% return, which is significantly higher than VCSH's 1.46% return.
DBND
2.35%
1.45%
-0.06%
5.48%
N/A
N/A
VCSH
1.46%
0.82%
1.59%
6.22%
1.81%
2.44%
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DBND vs. VCSH - Expense Ratio Comparison
DBND has a 0.50% expense ratio, which is higher than VCSH's 0.04% expense ratio.
Risk-Adjusted Performance
DBND vs. VCSH — Risk-Adjusted Performance Rank
DBND
VCSH
DBND vs. VCSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Opportunistic Bond ETF (DBND) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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
DBND vs. VCSH - Dividend Comparison
DBND's dividend yield for the trailing twelve months is around 5.05%, more than VCSH's 4.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBND DoubleLine Opportunistic Bond ETF | 5.05% | 5.19% | 4.39% | 2.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCSH Vanguard Short-Term Corporate Bond ETF | 4.03% | 3.96% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.25% | 2.10% | 2.08% | 2.01% |
Drawdowns
DBND vs. VCSH - Drawdown Comparison
The maximum DBND drawdown since its inception was -9.28%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for DBND and VCSH. For additional features, visit the drawdowns tool.
Volatility
DBND vs. VCSH - Volatility Comparison
DoubleLine Opportunistic Bond ETF (DBND) has a higher volatility of 1.39% compared to Vanguard Short-Term Corporate Bond ETF (VCSH) at 0.52%. This indicates that DBND's price experiences larger fluctuations and is considered to be riskier than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.