ESGB vs. BNDP
ESGB (IQ MacKay ESG Core Plus Bond ETF) and BNDP (Vanguard Core-Plus Bond Index ETF) are both Intermediate Core-Plus Bond funds. ESGB is actively managed, while BNDP is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. ESGB charges 0.39%/yr vs 0.05%/yr for BNDP.
Performance
ESGB vs. BNDP - Performance Comparison
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Returns By Period
In the year-to-date period, ESGB achieves a 0.50% return, which is significantly higher than BNDP's 0.34% return.
ESGB
- 1D
- -0.31%
- 1M
- 0.31%
- YTD
- 0.50%
- 6M
- 0.49%
- 1Y
- 5.33%
- 3Y*
- 5.42%
- 5Y*
- —
- 10Y*
- —
BNDP
- 1D
- -0.08%
- 1M
- 0.41%
- YTD
- 0.34%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESGB vs. BNDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESGB IQ MacKay ESG Core Plus Bond ETF | 0.50% | 0.20% |
BNDP Vanguard Core-Plus Bond Index ETF | 0.34% | 0.10% |
Correlation
The correlation between ESGB and BNDP is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 5, 2025 | 0.89 |
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Return for Risk
ESGB vs. BNDP — Risk / Return Rank
ESGB
BNDP
ESGB vs. BNDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and Vanguard Core-Plus Bond Index ETF (BNDP). 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.
| ESGB | BNDP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | — | — |
| Martin ratioReturn relative to average drawdown | 6.28 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESGB | BNDP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.25 | -0.09 |
Drawdowns
ESGB vs. BNDP - Drawdown Comparison
The maximum ESGB drawdown since its inception was -18.96%, which is greater than BNDP's maximum drawdown of -2.60%. Use the drawdown chart below to compare losses from any high point for ESGB and BNDP.
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Drawdown Indicators
| ESGB | BNDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.96% | -2.60% | -16.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.90% | — | — |
Current DrawdownCurrent decline from peak | -1.43% | -1.31% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -7.08% | -0.86% | -6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | — | — |
Volatility
ESGB vs. BNDP - Volatility Comparison
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Volatility by Period
| ESGB | BNDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.74% | 3.63% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 3.63% | +1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 3.63% | +1.41% |
ESGB vs. BNDP - Expense Ratio Comparison
ESGB has a 0.39% expense ratio, which is higher than BNDP's 0.05% expense ratio.
Dividends
ESGB vs. BNDP - Dividend Comparison
ESGB's dividend yield for the trailing twelve months is around 5.50%, more than BNDP's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BNDP Vanguard Core-Plus Bond Index ETF | 2.08% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGB IQ MacKay ESG Core Plus Bond ETF | 5.50% | 5.46% | 5.40% | 4.82% | 3.17% | 0.95% |
Frequently Asked Questions
ESGB and BNDP have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BNDP is cheaper with a 0.05% expense ratio, compared with 0.39% for ESGB.
ESGB has the higher dividend yield at 5.50%, compared with 2.08% for BNDP.
They also come from different issuers: IndexIQ and Vanguard. Their fees differ too: 0.39% for ESGB and 0.05% for BNDP.
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