GIBIX vs. VBMFX

Last updated Jun 3, 2026

GIBIX (Guggenheim Total Return Bond Fund) and VBMFX (Vanguard Total Bond Market Index Fund) are both mutual funds - GIBIX is a Intermediate Core-Plus Bond fund managed by Guggenheim, while VBMFX is a Intermediate Core Bond fund managed by Vanguard. Over the past 10 years, GIBIX returned 2.85%/yr vs 1.46%/yr for VBMFX. Their correlation of 0.90 suggests significant overlap in exposure. GIBIX charges 0.50%/yr vs 0.15%/yr for VBMFX.

Performance

GIBIX vs. VBMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim Total Return Bond Fund (GIBIX) and Vanguard Total Bond Market Index Fund (VBMFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIBIX achieves a 0.59% return, which is significantly higher than VBMFX's 0.38% return. Over the past 10 years, GIBIX has outperformed VBMFX with an annualized return of 2.85%, while VBMFX has yielded a comparatively lower 1.46% annualized return.

GIBIX

• 1D: -0.08%
• 1M: 0.09%
• YTD: 0.59%
• 6M: 0.70%
• 1Y: 6.21%
• 3Y*: 5.35%
• 5Y*: 0.56%
• 10Y*: 2.85%

VBMFX

• 1D: -0.10%
• 1M: 0.12%
• YTD: 0.38%
• 6M: 0.39%
• 1Y: 5.22%
• 3Y*: 3.93%
• 5Y*: 0.07%
• 10Y*: 1.46%

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

GIBIX vs. VBMFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIBIX Guggenheim Total Return Bond Fund	0.59%	8.22%	3.18%	7.45%	-16.38%	-0.58%	14.94%	4.45%	0.89%	6.50%
VBMFX Vanguard Total Bond Market Index Fund	0.38%	7.05%	1.15%	5.62%	-13.25%	-2.04%	7.63%	8.61%	-0.34%	3.45%

Correlation

The correlation between GIBIX and VBMFX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.90

The correlation between GIBIX and VBMFX has been stable across timeframes, ranging from 0.90 to 0.98 - a consistent structural relationship.

Return for Risk

GIBIX vs. VBMFX — Risk / Return Rank

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

GIBIX

GIBIX Risk / Return Rank: 29
GIBIX Sharpe Ratio Rank: 26
GIBIX Sortino Ratio Rank: 29
GIBIX Omega Ratio Rank: 25
GIBIX Calmar Ratio Rank: 36
GIBIX Martin Ratio Rank: 30

VBMFX

VBMFX Risk / Return Rank: 19
VBMFX Sharpe Ratio Rank: 18
VBMFX Sortino Ratio Rank: 19
VBMFX Omega Ratio Rank: 17
VBMFX Calmar Ratio Rank: 24
VBMFX Martin Ratio Rank: 21

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.

GIBIX vs. VBMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim Total Return Bond Fund (GIBIX) and Vanguard Total Bond Market Index Fund (VBMFX). 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.

	GIBIX	VBMFX	Difference
Sharpe ratio Return per unit of total volatility	1.50	1.24	+0.26
Sortino ratio Return per unit of downside risk	2.27	1.86	+0.41
Omega ratio Gain probability vs. loss probability	1.27	1.22	+0.05
Calmar ratio Return relative to maximum drawdown	2.30	1.88	+0.42
Martin ratio Return relative to average drawdown	7.25	5.68	+1.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GIBIX vs. VBMFX - Sharpe Ratio Comparison

The current GIBIX Sharpe Ratio is 1.50, which is comparable to the VBMFX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of GIBIX and VBMFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GIBIX	VBMFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	1.24	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.01	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.29	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.96	-0.04

Drawdowns

GIBIX vs. VBMFX - Drawdown Comparison

The maximum GIBIX drawdown since its inception was -21.44%, which is greater than VBMFX's maximum drawdown of -19.08%. Use the drawdown chart below to compare losses from any high point for GIBIX and VBMFX.

Drawdown Indicators

	GIBIX	VBMFX	Difference
Max Drawdown Largest peak-to-trough decline	-21.44%	-19.08%	-2.36%
Max Drawdown (1Y) Largest decline over 1 year	-2.99%	-2.91%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-5.93%	-6.02%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-21.44%	-18.24%	-3.20%
Max Drawdown (10Y) Largest decline over 10 years	-21.44%	-19.08%	-2.36%
Current Drawdown Current decline from peak	-1.21%	-2.90%	+1.69%
Average Drawdown Average peak-to-trough decline	-3.42%	-2.70%	-0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	0.96%	-0.01%

Volatility

GIBIX vs. VBMFX - Volatility Comparison

Guggenheim Total Return Bond Fund (GIBIX) has a higher volatility of 1.45% compared to Vanguard Total Bond Market Index Fund (VBMFX) at 1.38%. This indicates that GIBIX's price experiences larger fluctuations and is considered to be riskier than VBMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIBIX	VBMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	1.38%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	2.91%	2.79%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	3.97%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.83%	6.01%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.77%	4.98%	-0.21%

GIBIX vs. VBMFX - Expense Ratio Comparison

GIBIX has a 0.50% expense ratio, which is higher than VBMFX's 0.15% expense ratio.

Dividends

GIBIX vs. VBMFX - Dividend Comparison

GIBIX's dividend yield for the trailing twelve months is around 5.09%, more than VBMFX's 3.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIBIX Guggenheim Total Return Bond Fund	5.09%	5.03%	4.71%	4.44%	3.08%	3.36%	4.80%	2.38%	3.25%	3.38%	4.68%	4.39%
VBMFX Vanguard Total Bond Market Index Fund	3.87%	3.76%	3.57%	2.99%	2.49%	1.72%	2.31%	2.63%	2.47%	2.45%	2.43%	2.71%

Frequently Asked Questions

Can I hold both GIBIX and VBMFX in my portfolio?

With a correlation of 0.97, GIBIX and VBMFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GIBIX or VBMFX?

GIBIX has higher volatility (1.45%) compared to VBMFX (1.38%). In terms of maximum drawdown, GIBIX dropped -21.44% vs VBMFX's -19.08%.

Which has better risk-adjusted returns?

GIBIX currently has the higher Sharpe Ratio (1.50 vs 1.24), 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.