ED vs. BND
ED (Consolidated Edison, Inc.) is a stock, while BND (Vanguard Total Bond Market ETF) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 10 years, ED returned 7.01%/yr vs 1.58%/yr for BND. At a 0.10 correlation, their price movements are largely independent.
Performance
ED vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, ED achieves a 10.24% return, which is significantly higher than BND's 0.52% return. Over the past 10 years, ED has outperformed BND with an annualized return of 7.01%, while BND has yielded a comparatively lower 1.58% annualized return.
ED
- 1D
- 0.84%
- 1M
- 1.49%
- YTD
- 10.24%
- 6M
- 12.27%
- 1Y
- 7.29%
- 3Y*
- 9.08%
- 5Y*
- 10.68%
- 10Y*
- 7.01%
BND
- 1D
- -0.12%
- 1M
- 0.42%
- YTD
- 0.52%
- 6M
- 0.91%
- 1Y
- 4.40%
- 3Y*
- 4.17%
- 5Y*
- 0.03%
- 10Y*
- 1.58%
ED vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ED Consolidated Edison, Inc. | 10.24% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 22.54% | -6.62% | 19.30% |
BND Vanguard Total Bond Market ETF | 0.52% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between ED and BND is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2007 | 0.10 |
The correlation between ED and BND shifts across timeframes, from 0.10 (all time) to 0.24 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ED vs. BND — Risk / Return Rank
ED
BND
ED vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Consolidated Edison, Inc. (ED) 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.
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.
| ED | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.21 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 1.65 | -0.89 |
| Martin ratioReturn relative to average drawdown | 1.59 | 4.81 | -3.21 |
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Drawdowns
ED vs. BND - Drawdown Comparison
The maximum ED drawdown since its inception was -78.90%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for ED and BND.
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Drawdown Indicators
| ED | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.90% | -18.58% | -60.32% |
Max Drawdown (1Y)Largest decline over 1 year | -9.63% | -2.68% | -6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -17.36% | -5.92% | -11.44% |
Max Drawdown (5Y)Largest decline over 5 years | -22.03% | -17.91% | -4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -30.91% | -18.58% | -12.33% |
Current DrawdownCurrent decline from peak | -5.91% | -2.12% | -3.79% |
Average DrawdownAverage peak-to-trough decline | -13.24% | -3.06% | -10.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.59% | 0.92% | +3.67% |
Volatility
ED vs. BND - Volatility Comparison
Consolidated Edison, Inc. (ED) has a higher volatility of 5.98% compared to Vanguard Total Bond Market ETF (BND) at 1.28%. This indicates that ED's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ED | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 1.28% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 12.27% | 2.74% | +9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 3.75% | +12.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.79% | 6.03% | +12.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 5.53% | +15.48% |
Dividends
ED vs. BND - Dividend Comparison
ED's dividend yield for the trailing twelve months is around 3.23%, less than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
ED Consolidated Edison, Inc. | 3.23% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
Frequently Asked Questions
ED and BND have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ED has higher volatility (5.98%) compared to BND (1.28%). In terms of maximum drawdown, ED dropped -78.90% vs BND's -18.58%.
BND currently has the higher Sharpe Ratio (1.18 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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