DDV vs. BNDY
DDV (Defined Duration 5 ETF) and BNDY (Horizon Core Bond ETF) are both Intermediate Core Bond funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. DDV charges 0.25%/yr vs 0.66%/yr for BNDY.
Performance
DDV vs. BNDY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DDV achieves a 2.37% return, which is significantly higher than BNDY's 0.70% return.
DDV
- 1D
- -0.07%
- 1M
- -0.08%
- 6M
- 1.88%
- YTD
- 2.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BNDY
- 1D
- -0.22%
- 1M
- -0.77%
- 6M
- 0.18%
- YTD
- 0.70%
- 1Y
- 6.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DDV vs. BNDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DDV Defined Duration 5 ETF | 2.37% | 0.47% |
BNDY Horizon Core Bond ETF | 0.70% | 0.66% |
Correlation
The correlation between DDV and BNDY is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.74 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DDV vs. BNDY — Risk / Return Rank
DDV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BNDY
DDV vs. BNDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defined Duration 5 ETF (DDV) and Horizon Core Bond ETF (BNDY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DDV | BNDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.75 | — |
| Martin ratioReturn relative to average drawdown | — | 7.13 | — |
Loading charts...
Drawdowns
DDV vs. BNDY - Drawdown Comparison
The maximum DDV drawdown since its inception was -1.92%, smaller than the maximum BNDY drawdown of -3.93%. Use the drawdown chart below to compare losses from any high point for DDV and BNDY.
Loading charts...
Drawdown Indicators
| DDV | BNDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.92% | -3.93% | +2.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.93% | — |
Current DrawdownCurrent decline from peak | -0.27% | -1.32% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -0.33% | -0.67% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.96% | — |
Volatility
DDV vs. BNDY - Volatility Comparison
Loading charts...
Volatility by Period
| DDV | BNDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 5.06% | -2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 5.10% | -2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.67% | 5.10% | -2.43% |
DDV vs. BNDY - Expense Ratio Comparison
DDV has a 0.25% expense ratio, which is lower than BNDY's 0.66% expense ratio.
Dividends
DDV vs. BNDY - Dividend Comparison
DDV's dividend yield for the trailing twelve months is around 1.62%, less than BNDY's 5.88% yield.
| Position | TTM | 2025 |
|---|---|---|
BNDY Horizon Core Bond ETF | 5.88% | 1.89% |
DDV Defined Duration 5 ETF | 1.62% | 0.42% |
Frequently Asked Questions
DDV and BNDY have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DDV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DDV is cheaper with a 0.25% expense ratio, compared with 0.66% for BNDY.
BNDY has the higher dividend yield at 5.88%, compared with 1.62% for DDV.
They also come from different issuers: Discipline Funds and Horizon. Their fees differ too: 0.25% for DDV and 0.66% for BNDY.
Find the right allocation for DDV and BNDY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer