LEGR vs. BNDX
LEGR (First Trust Indxx Innovative Transaction & Process ETF) and BNDX (Vanguard Total International Bond ETF) are both exchange-traded funds - LEGR is a Blockchain fund tracking the Indxx Blockchain Index, while BNDX is a Global Bonds fund tracking the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). Both are passively managed. Over the past 5 years, LEGR returned 11.61%/yr vs 0.32%/yr for BNDX. At a 0.05 correlation, their price movements are largely independent. LEGR charges 0.65%/yr vs 0.07%/yr for BNDX.
Performance
LEGR vs. BNDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LEGR achieves a 11.18% return, which is significantly higher than BNDX's 1.02% return.
LEGR
- 1D
- 0.92%
- 1M
- 4.00%
- YTD
- 11.18%
- 6M
- 13.29%
- 1Y
- 28.16%
- 3Y*
- 22.32%
- 5Y*
- 11.61%
- 10Y*
- —
BNDX
- 1D
- 0.17%
- 1M
- 1.69%
- YTD
- 1.02%
- 6M
- 1.22%
- 1Y
- 2.27%
- 3Y*
- 4.32%
- 5Y*
- 0.32%
- 10Y*
- 1.72%
LEGR vs. BNDX - 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% |
BNDX Vanguard Total International Bond ETF | 1.02% | 2.86% | 3.57% | 8.77% | -12.76% | -2.29% | 4.65% | 7.87% | 3.12% |
Correlation
The correlation between LEGR and BNDX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2018 | 0.05 |
Over the past year, LEGR and BNDX have become more correlated (0.37) than their long-term average of 0.05, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LEGR vs. BNDX — Risk / Return Rank
LEGR
BNDX
LEGR vs. BNDX - 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 International Bond ETF (BNDX). 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 | BNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.10 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 0.66 | +1.98 |
| Martin ratioReturn relative to average drawdown | 9.72 | 1.84 | +7.87 |
Loading charts...
Drawdowns
LEGR vs. BNDX - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for LEGR and BNDX.
Loading charts...
Drawdown Indicators
| LEGR | BNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.12% | -16.23% | -19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | -2.93% | -7.47% |
Max Drawdown (3Y)Largest decline over 3 years | -14.25% | -2.93% | -11.32% |
Max Drawdown (5Y)Largest decline over 5 years | -31.45% | -15.86% | -15.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.23% | — |
Current DrawdownCurrent decline from peak | -2.56% | -1.02% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -6.60% | -3.10% | -3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 1.05% | +1.77% |
Volatility
LEGR vs. BNDX - Volatility Comparison
First Trust Indxx Innovative Transaction & Process ETF (LEGR) has a higher volatility of 5.87% compared to Vanguard Total International Bond ETF (BNDX) at 1.49%. This indicates that LEGR's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LEGR | BNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 1.49% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 2.96% | +9.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.34% | 3.47% | +10.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.07% | 4.89% | +12.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.33% | 4.10% | +16.23% |
LEGR vs. BNDX - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is higher than BNDX's 0.07% expense ratio.
Dividends
LEGR vs. BNDX - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 1.68%, less than BNDX's 4.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDX Vanguard Total International Bond ETF | 4.47% | 4.39% | 4.18% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% |
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 BNDX have a correlation of 0.37, 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 BNDX (1.49%). In terms of maximum drawdown, LEGR dropped -36.12% vs BNDX's -16.23%.
On 5-year performance, LEGR leads with 11.61% vs 0.32% for BNDX. On fees, BNDX is cheaper at 0.07% per year. On volatility, BNDX has been the lower-risk option at 1.49%. 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 0.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BNDX is cheaper with a 0.07% expense ratio, compared with 0.65% for LEGR.
BNDX has the higher dividend yield at 4.47%, compared with 1.68% for LEGR.
LEGR is categorized as Blockchain, while BNDX is Global Bonds. LEGR tracks Indxx Blockchain Index, while BNDX tracks Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). They also come from different issuers: First Trust and Vanguard. Their fees differ too: 0.65% for LEGR and 0.07% for BNDX.
LEGR currently has the higher Sharpe Ratio (1.91 vs 0.56), 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.
Find the right allocation for LEGR and BNDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer