VBIPX vs. IEI
Compare and contrast key facts about Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) and iShares 3-7 Year Treasury Bond ETF (IEI).
VBIPX is managed by Vanguard. It was launched on Sep 29, 2011. IEI is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBIPX or IEI.
Correlation
The correlation between VBIPX and IEI 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.
Performance
VBIPX vs. IEI - Performance Comparison
Key characteristics
VBIPX:
2.47
IEI:
1.83
VBIPX:
4.12
IEI:
2.83
VBIPX:
1.53
IEI:
1.34
VBIPX:
1.95
IEI:
0.70
VBIPX:
9.80
IEI:
4.56
VBIPX:
0.65%
IEI:
1.63%
VBIPX:
2.60%
IEI:
4.05%
VBIPX:
-8.87%
IEI:
-14.60%
VBIPX:
-0.39%
IEI:
-3.73%
Returns By Period
In the year-to-date period, VBIPX achieves a 1.80% return, which is significantly lower than IEI's 3.17% return. Over the past 10 years, VBIPX has outperformed IEI with an annualized return of 1.65%, while IEI has yielded a comparatively lower 1.23% annualized return.
VBIPX
1.80%
0.49%
1.74%
6.62%
1.01%
1.65%
IEI
3.17%
1.15%
1.79%
7.67%
-0.57%
1.23%
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VBIPX vs. IEI - Expense Ratio Comparison
VBIPX has a 0.04% expense ratio, which is lower than IEI's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VBIPX vs. IEI — Risk-Adjusted Performance Rank
VBIPX
IEI
VBIPX vs. IEI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) and iShares 3-7 Year Treasury Bond ETF (IEI). 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.
Dividends
VBIPX vs. IEI - Dividend Comparison
VBIPX's dividend yield for the trailing twelve months is around 3.20%, which matches IEI's 3.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBIPX Vanguard Short-Term Bond Index Fund Institutional Plus | 3.20% | 3.40% | 2.43% | 1.47% | 1.22% | 1.82% | 2.27% | 2.04% | 1.56% | 1.51% | 1.37% | 1.37% |
IEI iShares 3-7 Year Treasury Bond ETF | 3.20% | 3.18% | 2.36% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% | 1.23% |
Drawdowns
VBIPX vs. IEI - Drawdown Comparison
The maximum VBIPX drawdown since its inception was -8.87%, smaller than the maximum IEI drawdown of -14.60%. Use the drawdown chart below to compare losses from any high point for VBIPX and IEI. For additional features, visit the drawdowns tool.
Volatility
VBIPX vs. IEI - Volatility Comparison
The current volatility for Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) is 0.95%, while iShares 3-7 Year Treasury Bond ETF (IEI) has a volatility of 1.65%. This indicates that VBIPX experiences smaller price fluctuations and is considered to be less risky than IEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.