MINT vs. BND
Compare and contrast key facts about PIMCO Enhanced Short Maturity Strategy Fund (MINT) and Vanguard Total Bond Market ETF (BND).
MINT and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009. 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: MINT or BND.
Performance
MINT vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, MINT achieves a 5.24% return, which is significantly higher than BND's 1.55% return. Over the past 10 years, MINT has outperformed BND with an annualized return of 2.13%, while BND has yielded a comparatively lower 1.40% annualized return.
MINT
5.24%
0.44%
2.74%
6.01%
2.44%
2.13%
BND
1.55%
-1.53%
2.79%
6.33%
-0.32%
1.40%
Key characteristics
| MINT | BND | |
|---|---|---|
| Sharpe Ratio | 13.68 | 1.25 |
| Sortino Ratio | 32.98 | 1.83 |
| Omega Ratio | 9.88 | 1.22 |
| Calmar Ratio | 46.90 | 0.48 |
| Martin Ratio | 515.02 | 4.20 |
| Ulcer Index | 0.01% | 1.70% |
| Daily Std Dev | 0.44% | 5.68% |
| Max Drawdown | -4.62% | -18.84% |
| Current Drawdown | 0.00% | -9.21% |
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MINT vs. BND - Expense Ratio Comparison
MINT has a 0.36% expense ratio, which is higher than BND's 0.03% expense ratio.
Correlation
The correlation between MINT and BND is 0.27, 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.
Risk-Adjusted Performance
MINT vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Strategy Fund (MINT) 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
MINT vs. BND - Dividend Comparison
MINT's dividend yield for the trailing twelve months is around 5.31%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Strategy Fund | 5.31% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% | 0.88% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
MINT vs. BND - Drawdown Comparison
The maximum MINT drawdown since its inception was -4.62%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for MINT and BND. For additional features, visit the drawdowns tool.
Volatility
MINT vs. BND - Volatility Comparison
The current volatility for PIMCO Enhanced Short Maturity Strategy Fund (MINT) is 0.10%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.64%. This indicates that MINT 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.