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VBILX vs. VBIPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBILX and VBIPX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

VBILX vs. VBIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) and Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.99%
2.38%
VBILX
VBIPX

Key characteristics

Sharpe Ratio

VBILX:

0.29

VBIPX:

1.42

Sortino Ratio

VBILX:

0.45

VBIPX:

2.19

Omega Ratio

VBILX:

1.05

VBIPX:

1.28

Calmar Ratio

VBILX:

0.11

VBIPX:

1.19

Martin Ratio

VBILX:

0.80

VBIPX:

5.49

Ulcer Index

VBILX:

2.06%

VBIPX:

0.71%

Daily Std Dev

VBILX:

5.62%

VBIPX:

2.75%

Max Drawdown

VBILX:

-20.65%

VBIPX:

-8.87%

Current Drawdown

VBILX:

-11.35%

VBIPX:

-1.35%

Returns By Period

In the year-to-date period, VBILX achieves a 0.77% return, which is significantly lower than VBIPX's 3.25% return. Over the past 10 years, VBILX has underperformed VBIPX with an annualized return of 1.42%, while VBIPX has yielded a comparatively higher 1.55% annualized return.


VBILX

YTD

0.77%

1M

-0.98%

6M

0.90%

1Y

1.25%

5Y*

-0.49%

10Y*

1.42%

VBIPX

YTD

3.25%

1M

0.00%

6M

2.38%

1Y

3.71%

5Y*

1.19%

10Y*

1.55%

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VBILX vs. VBIPX - Expense Ratio Comparison

VBILX has a 0.07% expense ratio, which is higher than VBIPX's 0.04% 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%.


VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
Expense ratio chart for VBILX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for VBIPX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VBILX vs. VBIPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) and Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX). 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.


Sharpe ratio
The chart of Sharpe ratio for VBILX, currently valued at 0.29, compared to the broader market-1.000.001.002.003.004.000.291.42
The chart of Sortino ratio for VBILX, currently valued at 0.45, compared to the broader market-2.000.002.004.006.008.0010.000.452.19
The chart of Omega ratio for VBILX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.003.501.051.28
The chart of Calmar ratio for VBILX, currently valued at 0.11, compared to the broader market0.002.004.006.008.0010.0012.0014.000.111.19
The chart of Martin ratio for VBILX, currently valued at 0.80, compared to the broader market0.0020.0040.0060.000.805.49
VBILX
VBIPX

The current VBILX Sharpe Ratio is 0.29, which is lower than the VBIPX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of VBILX and VBIPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.29
1.42
VBILX
VBIPX

Dividends

VBILX vs. VBIPX - Dividend Comparison

VBILX's dividend yield for the trailing twelve months is around 3.44%, more than VBIPX's 3.34% yield.


TTM20232022202120202019201820172016201520142013
VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
3.44%3.09%2.36%1.93%2.23%2.74%2.87%2.65%2.66%2.74%2.84%3.08%
VBIPX
Vanguard Short-Term Bond Index Fund Institutional Plus
3.34%2.43%1.47%1.22%1.82%2.27%2.04%1.56%1.51%1.37%1.37%1.27%

Drawdowns

VBILX vs. VBIPX - Drawdown Comparison

The maximum VBILX drawdown since its inception was -20.65%, which is greater than VBIPX's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for VBILX and VBIPX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.35%
-1.35%
VBILX
VBIPX

Volatility

VBILX vs. VBIPX - Volatility Comparison

Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) has a higher volatility of 1.55% compared to Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) at 0.67%. This indicates that VBILX's price experiences larger fluctuations and is considered to be riskier than VBIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.55%
0.67%
VBILX
VBIPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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