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VBIIX vs. VNQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VBIIX vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Bond Index Fund (VBIIX) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

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VBIIX vs. VNQ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VBIIX
Vanguard Intermediate-Term Bond Index Fund
-0.67%8.12%1.44%5.67%-13.34%-2.73%9.72%10.11%-0.24%3.78%
VNQ
Vanguard Real Estate ETF
1.67%3.24%4.81%11.85%-26.25%40.54%-4.61%28.91%-6.03%4.90%

Returns By Period

In the year-to-date period, VBIIX achieves a -0.67% return, which is significantly lower than VNQ's 1.67% return. Over the past 10 years, VBIIX has underperformed VNQ with an annualized return of 1.83%, while VNQ has yielded a comparatively higher 4.69% annualized return.


VBIIX

1D
0.29%
1M
-1.88%
YTD
-0.67%
6M
0.15%
1Y
4.24%
3Y*
3.59%
5Y*
0.26%
10Y*
1.83%

VNQ

1D
0.36%
1M
-6.21%
YTD
1.67%
6M
-0.84%
1Y
2.18%
3Y*
6.57%
5Y*
2.86%
10Y*
4.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VBIIX vs. VNQ - Expense Ratio Comparison

VBIIX has a 0.15% expense ratio, which is higher than VNQ's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

VBIIX vs. VNQ — Risk / Return Rank

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

VBIIX
VBIIX Risk / Return Rank: 4747
Overall Rank
VBIIX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
VBIIX Sortino Ratio Rank: 4646
Sortino Ratio Rank
VBIIX Omega Ratio Rank: 3232
Omega Ratio Rank
VBIIX Calmar Ratio Rank: 6363
Calmar Ratio Rank
VBIIX Martin Ratio Rank: 4949
Martin Ratio Rank

VNQ
VNQ Risk / Return Rank: 1515
Overall Rank
VNQ Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
VNQ Sortino Ratio Rank: 1414
Sortino Ratio Rank
VNQ Omega Ratio Rank: 1414
Omega Ratio Rank
VNQ Calmar Ratio Rank: 1515
Calmar Ratio Rank
VNQ Martin Ratio Rank: 1717
Martin Ratio Rank
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.

VBIIX vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index Fund (VBIIX) and Vanguard Real Estate ETF (VNQ). 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.


VBIIXVNQDifference

Sharpe ratio

Return per unit of total volatility

0.98

0.13

+0.84

Sortino ratio

Return per unit of downside risk

1.42

0.30

+1.12

Omega ratio

Gain probability vs. loss probability

1.17

1.04

+0.13

Calmar ratio

Return relative to maximum drawdown

1.57

0.18

+1.39

Martin ratio

Return relative to average drawdown

5.17

0.70

+4.48

VBIIX vs. VNQ - Sharpe Ratio Comparison

The current VBIIX Sharpe Ratio is 0.98, which is higher than the VNQ Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of VBIIX and VNQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VBIIXVNQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.98

0.13

+0.84

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.15

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

0.23

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.26

+0.58

Correlation

The correlation between VBIIX and VNQ is -0.01. 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.


Dividends

VBIIX vs. VNQ - Dividend Comparison

VBIIX's dividend yield for the trailing twelve months is around 3.70%, less than VNQ's 3.92% yield.


TTM20252024202320222021202020192018201720162015
VBIIX
Vanguard Intermediate-Term Bond Index Fund
3.70%3.61%3.71%2.72%2.30%2.99%2.85%2.66%2.78%2.66%2.98%3.02%
VNQ
Vanguard Real Estate ETF
3.92%3.92%3.85%3.95%3.91%2.56%3.93%3.39%4.74%4.23%4.82%3.92%

Drawdowns

VBIIX vs. VNQ - Drawdown Comparison

The maximum VBIIX drawdown since its inception was -19.32%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for VBIIX and VNQ.


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Drawdown Indicators


VBIIXVNQDifference

Max Drawdown

Largest peak-to-trough decline

-19.32%

-73.07%

+53.75%

Max Drawdown (1Y)

Largest decline over 1 year

-3.18%

-12.44%

+9.26%

Max Drawdown (5Y)

Largest decline over 5 years

-18.93%

-34.48%

+15.55%

Max Drawdown (10Y)

Largest decline over 10 years

-19.32%

-42.40%

+23.08%

Current Drawdown

Current decline from peak

-2.96%

-9.24%

+6.28%

Average Drawdown

Average peak-to-trough decline

-2.98%

-13.71%

+10.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

3.21%

-2.24%

Volatility

VBIIX vs. VNQ - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Bond Index Fund (VBIIX) is 1.62%, while Vanguard Real Estate ETF (VNQ) has a volatility of 4.57%. This indicates that VBIIX experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VBIIXVNQDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.62%

4.57%

-2.95%

Volatility (6M)

Calculated over the trailing 6-month period

2.74%

9.28%

-6.54%

Volatility (1Y)

Calculated over the trailing 1-year period

4.60%

16.31%

-11.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.35%

18.80%

-12.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.35%

20.70%

-15.35%