VBISX vs. STIP
Compare and contrast key facts about Vanguard Short-Term Bond Index Fund (VBISX) and iShares 0-5 Year TIPS Bond ETF (STIP).
VBISX is managed by Vanguard. It was launched on Mar 1, 1994. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBISX or STIP.
Key characteristics
| VBISX | STIP | |
|---|---|---|
| YTD Return | 3.05% | 4.40% |
| 1Y Return | 5.42% | 5.97% |
| 3Y Return (Ann) | 0.50% | 1.95% |
| 5Y Return (Ann) | 1.08% | 3.49% |
| 10Y Return (Ann) | 1.41% | 2.38% |
| Sharpe Ratio | 2.10 | 3.08 |
| Sortino Ratio | 3.34 | 5.17 |
| Omega Ratio | 1.43 | 1.68 |
| Calmar Ratio | 1.21 | 4.24 |
| Martin Ratio | 9.58 | 24.29 |
| Ulcer Index | 0.63% | 0.26% |
| Daily Std Dev | 2.88% | 2.06% |
| Max Drawdown | -8.98% | -5.50% |
| Current Drawdown | -1.46% | -0.63% |
Correlation
The correlation between VBISX and STIP is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VBISX vs. STIP - Performance Comparison
In the year-to-date period, VBISX achieves a 3.05% return, which is significantly lower than STIP's 4.40% return. Over the past 10 years, VBISX has underperformed STIP with an annualized return of 1.41%, while STIP has yielded a comparatively higher 2.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VBISX vs. STIP - Expense Ratio Comparison
VBISX has a 0.15% expense ratio, which is higher than STIP's 0.06% 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%.
Risk-Adjusted Performance
VBISX vs. STIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund (VBISX) and iShares 0-5 Year TIPS Bond ETF (STIP). 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
VBISX vs. STIP - Dividend Comparison
VBISX's dividend yield for the trailing twelve months is around 3.17%, more than STIP's 2.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBISX Vanguard Short-Term Bond Index Fund | 3.17% | 2.34% | 1.37% | 1.10% | 1.72% | 2.16% | 1.93% | 1.58% | 1.41% | 1.25% | 1.12% | 1.11% |
STIP iShares 0-5 Year TIPS Bond ETF | 2.46% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.43% | 1.59% | 0.89% | 0.00% | 0.75% | 0.31% |
Drawdowns
VBISX vs. STIP - Drawdown Comparison
The maximum VBISX drawdown since its inception was -8.98%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for VBISX and STIP. For additional features, visit the drawdowns tool.
Volatility
VBISX vs. STIP - Volatility Comparison
Vanguard Short-Term Bond Index Fund (VBISX) has a higher volatility of 0.70% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.47%. This indicates that VBISX's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.