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GIGB vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GIGB and BND is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

GIGB vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GIGB:

0.79

BND:

0.98

Sortino Ratio

GIGB:

1.10

BND:

1.41

Omega Ratio

GIGB:

1.14

BND:

1.17

Calmar Ratio

GIGB:

0.39

BND:

0.41

Martin Ratio

GIGB:

2.21

BND:

2.49

Ulcer Index

GIGB:

2.11%

BND:

2.07%

Daily Std Dev

GIGB:

6.24%

BND:

5.31%

Max Drawdown

GIGB:

-22.25%

BND:

-18.84%

Current Drawdown

GIGB:

-7.20%

BND:

-7.67%

Returns By Period

In the year-to-date period, GIGB achieves a 1.38% return, which is significantly lower than BND's 1.86% return.


GIGB

YTD

1.38%

1M

1.48%

6M

-0.05%

1Y

4.88%

5Y*

0.22%

10Y*

N/A

BND

YTD

1.86%

1M

0.74%

6M

1.04%

1Y

5.17%

5Y*

-0.94%

10Y*

1.42%

*Annualized

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GIGB vs. BND - Expense Ratio Comparison

GIGB has a 0.14% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

GIGB vs. BND — Risk-Adjusted Performance Rank

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

GIGB
The Risk-Adjusted Performance Rank of GIGB is 6363
Overall Rank
The Sharpe Ratio Rank of GIGB is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of GIGB is 6767
Sortino Ratio Rank
The Omega Ratio Rank of GIGB is 6161
Omega Ratio Rank
The Calmar Ratio Rank of GIGB is 5050
Calmar Ratio Rank
The Martin Ratio Rank of GIGB is 6262
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 7474
Overall Rank
The Sharpe Ratio Rank of BND is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 8181
Sortino Ratio Rank
The Omega Ratio Rank of BND is 7777
Omega Ratio Rank
The Calmar Ratio Rank of BND is 5959
Calmar Ratio Rank
The Martin Ratio Rank of BND is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GIGB vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) 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.


The current GIGB Sharpe Ratio is 0.79, which is comparable to the BND Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of GIGB and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GIGB vs. BND - Dividend Comparison

GIGB has not paid dividends to shareholders, while BND's dividend yield for the trailing twelve months is around 3.77%.


TTM20242023202220212020201920182017201620152014
GIGB
Goldman Sachs Access Investment Grade Corporate Bond ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BND
Vanguard Total Bond Market ETF
3.77%3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%

Drawdowns

GIGB vs. BND - Drawdown Comparison

The maximum GIGB drawdown since its inception was -22.25%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for GIGB and BND. For additional features, visit the drawdowns tool.


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Volatility

GIGB vs. BND - Volatility Comparison

Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) has a higher volatility of 1.73% compared to Vanguard Total Bond Market ETF (BND) at 1.55%. This indicates that GIGB'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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