GTO vs. BND
Compare and contrast key facts about Invesco Total Return Bond ETF (GTO) and Vanguard Total Bond Market ETF (BND).
GTO and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GTO is an actively managed fund by Invesco. It was launched on Feb 10, 2016. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTO or BND.
Correlation
The correlation between GTO and BND is 0.83, 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.
Performance
GTO vs. BND - Performance Comparison
Key characteristics
GTO:
0.63
BND:
0.31
GTO:
0.93
BND:
0.46
GTO:
1.11
BND:
1.05
GTO:
0.24
BND:
0.12
GTO:
2.05
BND:
0.89
GTO:
1.56%
BND:
1.89%
GTO:
5.05%
BND:
5.43%
GTO:
-20.61%
BND:
-18.84%
GTO:
-8.95%
BND:
-9.55%
Returns By Period
In the year-to-date period, GTO achieves a 2.48% return, which is significantly higher than BND's 1.17% return.
GTO
2.48%
-0.56%
1.50%
2.87%
0.47%
N/A
BND
1.17%
-0.65%
1.13%
1.35%
-0.41%
1.29%
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GTO vs. BND - Expense Ratio Comparison
GTO has a 0.50% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
GTO vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Total Return Bond ETF (GTO) 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.
Dividends
GTO vs. BND - Dividend Comparison
GTO's dividend yield for the trailing twelve months is around 4.04%, more than BND's 3.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTO Invesco Total Return Bond ETF | 4.04% | 4.05% | 3.47% | 1.93% | 4.04% | 2.97% | 5.25% | 2.81% | 2.84% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.63% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
GTO vs. BND - Drawdown Comparison
The maximum GTO drawdown since its inception was -20.61%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for GTO and BND. For additional features, visit the drawdowns tool.
Volatility
GTO vs. BND - Volatility Comparison
The current volatility for Invesco Total Return Bond ETF (GTO) is 1.43%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.62%. This indicates that GTO experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.