RTRE vs. BNDP

Last updated Jul 14, 2026

RTRE (Rareview Total Return Bond ETF) and BNDP (Vanguard Core-Plus Bond Index ETF) are both Intermediate Core-Plus Bond funds. RTRE is actively managed, while BNDP is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. RTRE charges 0.70%/yr vs 0.05%/yr for BNDP.

Performance

RTRE vs. BNDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Total Return Bond ETF (RTRE) and Vanguard Core-Plus Bond Index ETF (BNDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RTRE achieves a -0.36% return, which is significantly lower than BNDP's -0.11% return.

RTRE

• 1D: -0.37%
• 1M: -0.57%
• 6M: -0.69%
• YTD: -0.36%
• 1Y: 3.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDP

• 1D: -0.46%
• 1M: -0.62%
• 6M: -0.25%
• YTD: -0.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RTRE vs. BNDP - Yearly Performance Comparison

	2026 (YTD)	2025
RTRE Rareview Total Return Bond ETF	-0.36%	-0.20%
BNDP Vanguard Core-Plus Bond Index ETF	-0.11%	0.08%

Correlation

The correlation between RTRE and BNDP is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.90

Return for Risk

RTRE vs. BNDP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RTRE

RTRE Risk / Return Rank: 27
RTRE Sharpe Ratio Rank: 29
RTRE Sortino Ratio Rank: 27
RTRE Omega Ratio Rank: 26
RTRE Calmar Ratio Rank: 25
RTRE Martin Ratio Rank: 26

BNDP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RTRE vs. BNDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Total Return Bond ETF (RTRE) 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.

	RTRE	BNDP	Difference
Sharpe ratio: Return per unit of total volatility	0.86	—	—
Sortino ratio: Return per unit of downside risk	1.23	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.99	—	—
Martin ratio: Return relative to average drawdown	2.69	—	—

Drawdowns

RTRE vs. BNDP - Drawdown Comparison

The maximum RTRE drawdown since its inception was -4.99%, which is greater than BNDP's maximum drawdown of -2.60%. Use the drawdown chart below to compare losses from any high point for RTRE and BNDP.

Drawdown Indicators

	RTRE	BNDP	Difference
Max Drawdown Largest peak-to-trough decline	-4.99%	-2.60%	-2.39%
Max Drawdown (1Y) Largest decline over 1 year	-3.70%	—	—
Current Drawdown Current decline from peak	-2.63%	-1.75%	-0.88%
Average Drawdown Average peak-to-trough decline	-1.46%	-0.91%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	—	—

Volatility

Volatility by Period

	RTRE	BNDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.28%	3.70%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.76%	3.70%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.76%	3.70%	+1.06%

RTRE vs. BNDP - Expense Ratio Comparison

RTRE has a 0.70% expense ratio, which is higher than BNDP's 0.05% expense ratio.

Dividends

RTRE vs. BNDP - Dividend Comparison

RTRE's dividend yield for the trailing twelve months is around 4.48%, more than BNDP's 2.46% yield.

Position	TTM	2025	2024
BNDP Vanguard Core-Plus Bond Index ETF	2.46%	0.24%	0.00%
RTRE Rareview Total Return Bond ETF	4.48%	4.02%	3.33%

Frequently Asked Questions

Can I hold both RTRE and BNDP in my portfolio?

With a correlation of 0.90, RTRE 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.

Which ETF is better, RTRE or BNDP?

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.

Which ETF is cheaper, RTRE or BNDP?

BNDP is cheaper with a 0.05% expense ratio, compared with 0.70% for RTRE.

Which ETF pays a higher dividend yield, RTRE or BNDP?

RTRE has the higher dividend yield at 4.48%, compared with 2.46% for BNDP.

What is the main difference between RTRE and BNDP?

They also come from different issuers: Rareview and Vanguard. Their fees differ too: 0.70% for RTRE and 0.05% for BNDP.