NBTR vs. BNDP
NBTR (Neuberger Total Return Bond ETF) and BNDP (Vanguard Core-Plus Bond Index ETF) are both Intermediate Core-Plus Bond funds. NBTR is actively managed, while BNDP is passively managed. Their 0.96 correlation means they have historically moved very closely together. NBTR charges 0.37%/yr vs 0.05%/yr for BNDP.
Performance
NBTR vs. BNDP - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NBTR having a -0.44% return and BNDP slightly lower at -0.46%.
NBTR
- 1D
- -0.21%
- 1M
- -1.32%
- 6M
- -0.62%
- YTD
- -0.44%
- 1Y
- 2.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.03%
BNDP
- 1D
- -0.23%
- 1M
- -1.08%
- 6M
- -0.62%
- YTD
- -0.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $504.98K | $475.70K | $762.42K | |
| $47.12K | $44.43K | $24.51K |
NBTR vs. BNDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBTR Neuberger Total Return Bond ETF | -0.44% | 0.11% |
BNDP Vanguard Core-Plus Bond Index ETF | -0.46% | 0.08% |
Correlation
The correlation between NBTR and BNDP is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025 | 0.96 |
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Return for Risk
NBTR vs. BNDP — Risk / Return Rank
NBTR
BNDP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBTR vs. BNDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Total Return Bond ETF (NBTR) and Vanguard Core-Plus Bond Index ETF (BNDP). 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.
| NBTR | BNDP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | — | — |
| Martin ratioReturn relative to average drawdown | 3.48 | — | — |
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Drawdowns
NBTR vs. BNDP - Drawdown Comparison
The maximum NBTR drawdown since its inception was -2.58%, roughly equal to the maximum BNDP drawdown of -2.60%. Use the drawdown chart below to compare losses from any high point for NBTR and BNDP.
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Drawdown Indicators
| NBTR | BNDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.58% | -2.60% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.54% | — | — |
Current DrawdownCurrent decline from peak | -2.07% | -2.10% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -0.69% | -0.98% | +0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | — | — |
Volatility
NBTR vs. BNDP - Volatility Comparison
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Volatility by Period
| NBTR | BNDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.46% | 3.65% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.05% | 3.65% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.05% | 3.65% | +0.40% |
NBTR vs. BNDP - Expense Ratio Comparison
NBTR has a 0.37% expense ratio, which is higher than BNDP's 0.05% expense ratio.
Dividends
NBTR vs. BNDP - Dividend Comparison
NBTR's dividend yield for the trailing twelve months is around 5.60%, more than BNDP's 2.47% yield.
| Position | TTM | 2025 |
|---|---|---|
BNDP Vanguard Core-Plus Bond Index ETF | 2.47% | 0.24% |
NBTR Neuberger Total Return Bond ETF | 5.60% | 5.76% |
Frequently Asked Questions
With a correlation of 0.96, NBTR and BNDP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BNDP is cheaper with a 0.05% expense ratio, compared with 0.37% for NBTR.
NBTR has the higher dividend yield at 5.60%, compared with 2.47% for BNDP.
They also come from different issuers: Neuberger and Vanguard. Their fees differ too: 0.37% for NBTR and 0.05% for BNDP.
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