VBINX vs. AYBLX
VBINX (Vanguard Balanced Index Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, VBINX returned 10.03%/yr vs 10.67%/yr for AYBLX. Their correlation of 0.93 suggests significant overlap in exposure. VBINX charges 0.18%/yr vs 0.65%/yr for AYBLX.
Performance
VBINX vs. AYBLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VBINX achieves a 6.32% return, which is significantly lower than AYBLX's 13.99% return. Over the past 10 years, VBINX has underperformed AYBLX with an annualized return of 10.03%, while AYBLX has yielded a comparatively higher 10.67% annualized return.
VBINX
- 1D
- -0.29%
- 1M
- 0.57%
- YTD
- 6.32%
- 6M
- 5.69%
- 1Y
- 16.95%
- 3Y*
- 15.26%
- 5Y*
- 8.02%
- 10Y*
- 10.03%
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
VBINX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBINX Vanguard Balanced Index Fund | 6.32% | 13.46% | 17.63% | 17.41% | -16.98% | 13.62% | 16.26% | 21.67% | -2.97% | 13.75% |
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between VBINX and AYBLX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 1997 | 0.93 |
The correlation between VBINX and AYBLX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VBINX vs. AYBLX — Risk / Return Rank
VBINX
AYBLX
VBINX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Balanced Index Fund (VBINX) and Pioneer Balanced ESG Fund (AYBLX). 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.
| VBINX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.62 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 5.16 | -2.12 |
| Martin ratioReturn relative to average drawdown | 13.50 | 24.00 | -10.50 |
Loading charts...
Drawdowns
VBINX vs. AYBLX - Drawdown Comparison
The maximum VBINX drawdown since its inception was -35.97%, roughly equal to the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for VBINX and AYBLX.
Loading charts...
Drawdown Indicators
| VBINX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.97% | -36.28% | +0.31% |
Max Drawdown (1Y)Largest decline over 1 year | -5.84% | -6.41% | +0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -11.60% | -13.39% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | -20.26% | -1.35% |
Max Drawdown (10Y)Largest decline over 10 years | -22.78% | -24.24% | +1.46% |
Current DrawdownCurrent decline from peak | -0.93% | -0.52% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -3.78% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 1.38% | -0.06% |
Volatility
VBINX vs. AYBLX - Volatility Comparison
The current volatility for Vanguard Balanced Index Fund (VBINX) is 3.23%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.63%. This indicates that VBINX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VBINX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.23% | 3.63% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 6.70% | 7.83% | -1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.39% | 9.95% | -1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.17% | 11.13% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.27% | 11.33% | -0.06% |
VBINX vs. AYBLX - Expense Ratio Comparison
VBINX has a 0.18% expense ratio, which is lower than AYBLX's 0.65% expense ratio.
Dividends
VBINX vs. AYBLX - Dividend Comparison
VBINX's dividend yield for the trailing twelve months is around 5.16%, more than AYBLX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
VBINX Vanguard Balanced Index Fund | 5.16% | 5.89% | 7.88% | 4.25% | 2.71% | 2.71% | 2.54% | 2.19% | 2.20% | 1.83% | 1.97% | 1.95% |
Frequently Asked Questions
With a correlation of 0.92, VBINX and AYBLX 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.
AYBLX has higher volatility (3.63%) compared to VBINX (3.23%). In terms of maximum drawdown, VBINX dropped -35.97% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 2.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VBINX and AYBLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer