ORDNX vs. BND
Compare and contrast key facts about North Square Preferred and Income Securities Fund (ORDNX) and Vanguard Total Bond Market ETF (BND).
ORDNX is managed by North Square. It was launched on Jun 28, 2013. 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: ORDNX or BND.
Key characteristics
| ORDNX | BND | |
|---|---|---|
| YTD Return | 8.11% | -1.21% |
| 1Y Return | 24.67% | 1.92% |
| 3Y Return (Ann) | 0.64% | -2.86% |
| 5Y Return (Ann) | 7.35% | 0.09% |
| 10Y Return (Ann) | 8.50% | 1.26% |
| Sharpe Ratio | 5.72 | 0.23 |
| Daily Std Dev | 4.36% | 6.56% |
| Max Drawdown | -34.38% | -18.84% |
| Current Drawdown | -10.07% | -11.67% |
Correlation
The correlation between ORDNX and BND is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ORDNX vs. BND - Performance Comparison
In the year-to-date period, ORDNX achieves a 8.11% return, which is significantly higher than BND's -1.21% return. Over the past 10 years, ORDNX has outperformed BND with an annualized return of 8.50%, while BND has yielded a comparatively lower 1.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ORDNX vs. BND - Expense Ratio Comparison
ORDNX has a 1.27% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
ORDNX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North Square Preferred and Income Securities Fund (ORDNX) 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
ORDNX vs. BND - Dividend Comparison
ORDNX's dividend yield for the trailing twelve months is around 4.46%, more than BND's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORDNX North Square Preferred and Income Securities Fund | 4.46% | 5.73% | 3.61% | 0.88% | 1.06% | 1.21% | 1.63% | 1.19% | 1.60% | 1.46% | 1.41% | 0.69% |
BND Vanguard Total Bond Market ETF | 3.36% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
ORDNX vs. BND - Drawdown Comparison
The maximum ORDNX drawdown since its inception was -34.38%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for ORDNX and BND. For additional features, visit the drawdowns tool.
Volatility
ORDNX vs. BND - Volatility Comparison
The current volatility for North Square Preferred and Income Securities Fund (ORDNX) is 0.97%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.34%. This indicates that ORDNX 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.