LEGR vs. BND
LEGR (First Trust Indxx Innovative Transaction & Process ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - LEGR is a Blockchain fund tracking the Indxx Blockchain Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 5 years, LEGR returned 11.61%/yr vs 0.03%/yr for BND. At a 0.04 correlation, their price movements are largely independent. LEGR charges 0.65%/yr vs 0.03%/yr for BND.
Performance
LEGR vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, LEGR achieves a 11.18% return, which is significantly higher than BND's 0.52% return.
LEGR
- 1D
- 0.92%
- 1M
- 4.00%
- YTD
- 11.18%
- 6M
- 13.29%
- 1Y
- 28.16%
- 3Y*
- 22.32%
- 5Y*
- 11.61%
- 10Y*
- —
BND
- 1D
- -0.12%
- 1M
- 1.03%
- YTD
- 0.52%
- 6M
- 0.91%
- 1Y
- 4.77%
- 3Y*
- 4.17%
- 5Y*
- 0.03%
- 10Y*
- 1.58%
LEGR vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 11.18% | 30.83% | 16.25% | 22.79% | -19.01% | 17.91% | 18.73% | 27.99% | -14.65% |
BND Vanguard Total Bond Market ETF | 0.52% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | 0.92% |
Correlation
The correlation between LEGR and BND is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2018 | 0.04 |
Over the past year, LEGR and BND have become more correlated (0.33) than their long-term average of 0.04, meaning their price movements have been converging.
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Return for Risk
LEGR vs. BND — Risk / Return Rank
LEGR
BND
LEGR vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LEGR | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 1.65 | +0.99 |
| Martin ratioReturn relative to average drawdown | 9.72 | 4.81 | +4.91 |
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Drawdowns
LEGR vs. BND - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for LEGR and BND.
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Drawdown Indicators
| LEGR | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.12% | -18.58% | -17.54% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | -2.68% | -7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -14.25% | -5.92% | -8.33% |
Max Drawdown (5Y)Largest decline over 5 years | -31.45% | -17.91% | -13.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.58% | — |
Current DrawdownCurrent decline from peak | -2.56% | -2.12% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -6.60% | -3.06% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 0.92% | +1.90% |
Volatility
LEGR vs. BND - Volatility Comparison
First Trust Indxx Innovative Transaction & Process ETF (LEGR) has a higher volatility of 5.87% compared to Vanguard Total Bond Market ETF (BND) at 1.28%. This indicates that LEGR'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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Volatility by Period
| LEGR | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 1.28% | +4.59% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 2.74% | +9.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 3.75% | +10.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.07% | 6.03% | +11.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.33% | 5.53% | +14.80% |
LEGR vs. BND - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
LEGR vs. BND - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 1.68%, less than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
LEGR First Trust Indxx Innovative Transaction & Process ETF | 1.68% | 1.84% | 2.40% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEGR and BND have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LEGR has higher volatility (5.87%) compared to BND (1.28%). In terms of maximum drawdown, LEGR dropped -36.12% vs BND's -18.58%.
On 5-year performance, LEGR leads with 11.61% vs 0.03% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LEGR has performed better with a 11.61% return vs 0.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.65% for LEGR.
BND has the higher dividend yield at 3.96%, compared with 1.68% for LEGR.
LEGR is categorized as Blockchain, while BND is Total Bond Market. LEGR tracks Indxx Blockchain Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: First Trust and Vanguard. Their fees differ too: 0.65% for LEGR and 0.03% for BND.
LEGR currently has the higher Sharpe Ratio (1.91 vs 1.18), 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.
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