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

Correlation

The correlation between GOVT and BND is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

GOVT vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Treasury Bond ETF (GOVT) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
14.67%
25.57%
GOVT
BND

Key characteristics

Sharpe Ratio

GOVT:

0.71

BND:

1.01

Sortino Ratio

GOVT:

1.05

BND:

1.47

Omega Ratio

GOVT:

1.14

BND:

1.17

Calmar Ratio

GOVT:

0.25

BND:

0.39

Martin Ratio

GOVT:

1.90

BND:

2.56

Ulcer Index

GOVT:

2.22%

BND:

2.05%

Daily Std Dev

GOVT:

5.98%

BND:

5.23%

Max Drawdown

GOVT:

-19.78%

BND:

-18.84%

Current Drawdown

GOVT:

-10.75%

BND:

-6.54%

Returns By Period

In the year-to-date period, GOVT achieves a 0.52% return, which is significantly lower than BND's 3.10% return. Over the past 10 years, GOVT has underperformed BND with an annualized return of 0.76%, while BND has yielded a comparatively higher 1.43% annualized return.


GOVT

YTD

0.52%

1M

0.14%

6M

-0.64%

1Y

5.16%

5Y*

-2.03%

10Y*

0.76%

BND

YTD

3.10%

1M

0.33%

6M

-0.36%

1Y

5.97%

5Y*

-0.41%

10Y*

1.43%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GOVT vs. BND - Expense Ratio Comparison

GOVT has a 0.15% 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%.


GOVT
iShares U.S. Treasury Bond ETF
Expense ratio chart for GOVT: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GOVT: 0.15%
Expense ratio chart for BND: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BND: 0.03%

Risk-Adjusted Performance

GOVT vs. BND — Risk-Adjusted Performance Rank

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

GOVT
The Risk-Adjusted Performance Rank of GOVT is 5656
Overall Rank
The Sharpe Ratio Rank of GOVT is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of GOVT is 6464
Sortino Ratio Rank
The Omega Ratio Rank of GOVT is 6565
Omega Ratio Rank
The Calmar Ratio Rank of GOVT is 3636
Calmar Ratio Rank
The Martin Ratio Rank of GOVT is 5151
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 6767
Overall Rank
The Sharpe Ratio Rank of BND is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 7777
Sortino Ratio Rank
The Omega Ratio Rank of BND is 7474
Omega Ratio Rank
The Calmar Ratio Rank of BND is 4545
Calmar Ratio Rank
The Martin Ratio Rank of BND is 6363
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.

GOVT vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Treasury Bond ETF (GOVT) 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.


Sharpe ratio
The chart of Sharpe ratio for GOVT, currently valued at 0.71, compared to the broader market-1.000.001.002.003.004.005.00
GOVT: 0.71
BND: 1.01
The chart of Sortino ratio for GOVT, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.0010.00
GOVT: 1.05
BND: 1.47
The chart of Omega ratio for GOVT, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.00
GOVT: 1.14
BND: 1.17
The chart of Calmar ratio for GOVT, currently valued at 0.25, compared to the broader market0.005.0010.0015.00
GOVT: 0.25
BND: 0.39
The chart of Martin ratio for GOVT, currently valued at 1.90, compared to the broader market0.0020.0040.0060.0080.00100.00
GOVT: 1.90
BND: 2.56

The current GOVT Sharpe Ratio is 0.71, which is comparable to the BND Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of GOVT 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.71
1.01
GOVT
BND

Dividends

GOVT vs. BND - Dividend Comparison

GOVT's dividend yield for the trailing twelve months is around 2.99%, less than BND's 3.68% yield.


TTM20242023202220212020201920182017201620152014
GOVT
iShares U.S. Treasury Bond ETF
2.99%3.14%2.65%1.77%0.96%1.28%1.98%1.97%1.57%1.40%1.25%1.17%
BND
Vanguard Total Bond Market ETF
3.68%3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%

Drawdowns

GOVT vs. BND - Drawdown Comparison

The maximum GOVT drawdown since its inception was -19.78%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for GOVT and BND. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%NovemberDecember2025FebruaryMarchApril
-10.75%
-6.54%
GOVT
BND

Volatility

GOVT vs. BND - Volatility Comparison

iShares U.S. Treasury Bond ETF (GOVT) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.29% and 1.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%NovemberDecember2025FebruaryMarchApril
1.29%
1.31%
GOVT
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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