VBIMX vs. VBMPX
Compare and contrast key facts about Vanguard Intermediate-Term Bond Index Fund Institutional Shares (VBIMX) and Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX).
VBIMX is managed by Vanguard. It was launched on Jan 26, 2006. VBMPX is managed by Vanguard. It was launched on Feb 5, 2010.
Performance
VBIMX vs. VBMPX - Performance Comparison
Loading graphics...
VBIMX vs. VBMPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBIMX Vanguard Intermediate-Term Bond Index Fund Institutional Shares | -0.94% | 8.59% | 1.55% | 5.78% | -13.25% | -2.50% | 9.83% | 10.22% | -0.13% | 3.89% |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | -0.49% | 7.18% | 1.27% | 5.75% | -13.14% | -1.95% | 7.75% | 8.74% | -0.24% | 3.58% |
Returns By Period
In the year-to-date period, VBIMX achieves a -0.94% return, which is significantly lower than VBMPX's -0.49% return. Over the past 10 years, VBIMX has outperformed VBMPX with an annualized return of 1.95%, while VBMPX has yielded a comparatively lower 1.60% annualized return.
VBIMX
- 1D
- 0.48%
- 1M
- -2.72%
- YTD
- -0.94%
- 6M
- 0.19%
- 1Y
- 4.25%
- 3Y*
- 3.71%
- 5Y*
- 0.43%
- 10Y*
- 1.95%
VBMPX
- 1D
- 0.52%
- 1M
- -2.23%
- YTD
- -0.49%
- 6M
- 0.50%
- 1Y
- 3.78%
- 3Y*
- 3.46%
- 5Y*
- 0.25%
- 10Y*
- 1.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VBIMX vs. VBMPX - Expense Ratio Comparison
VBIMX has a 0.05% expense ratio, which is higher than VBMPX's 0.03% 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
VBIMX vs. VBMPX — Risk / Return Rank
VBIMX
VBMPX
VBIMX vs. VBMPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index Fund Institutional Shares (VBIMX) and Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX). 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.
| VBIMX | VBMPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.00 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.45 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.18 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.79 | -0.09 |
Martin ratioReturn relative to average drawdown | 5.70 | 5.11 | +0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VBIMX | VBMPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.00 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.04 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.32 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.51 | +0.16 |
Correlation
The correlation between VBIMX and VBMPX is 0.96, 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.
Dividends
VBIMX vs. VBMPX - Dividend Comparison
VBIMX's dividend yield for the trailing twelve months is around 3.81%, more than VBMPX's 3.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBIMX Vanguard Intermediate-Term Bond Index Fund Institutional Shares | 3.81% | 4.03% | 3.82% | 2.82% | 2.41% | 3.23% | 2.95% | 2.75% | 2.89% | 2.76% | 3.08% | 3.12% |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 3.63% | 3.88% | 3.69% | 3.11% | 2.61% | 1.81% | 2.41% | 2.75% | 2.58% | 2.58% | 2.55% | 2.85% |
Drawdowns
VBIMX vs. VBMPX - Drawdown Comparison
The maximum VBIMX drawdown since its inception was -19.07%, roughly equal to the maximum VBMPX drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for VBIMX and VBMPX.
Loading graphics...
Drawdown Indicators
| VBIMX | VBMPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.07% | -18.90% | -0.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.73% | -0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -18.84% | -18.12% | -0.72% |
Max Drawdown (10Y)Largest decline over 10 years | -19.07% | -18.90% | -0.17% |
Current DrawdownCurrent decline from peak | -2.72% | -3.13% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -3.54% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.96% | -0.01% |
Volatility
VBIMX vs. VBMPX - Volatility Comparison
Vanguard Intermediate-Term Bond Index Fund Institutional Shares (VBIMX) has a higher volatility of 1.64% compared to Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) at 1.55%. This indicates that VBIMX's price experiences larger fluctuations and is considered to be riskier than VBMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VBIMX | VBMPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 1.55% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.59% | +0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.61% | 4.37% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 5.99% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 4.97% | +0.40% |