VBLLX vs. BND
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Total Bond Market ETF (BND).
VBLLX is managed by Vanguard. It was launched on Feb 2, 2006. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBLLX or BND.
Correlation
The correlation between VBLLX and BND is 0.87, 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
VBLLX vs. BND - Performance Comparison
Key characteristics
VBLLX:
0.26
BND:
0.91
VBLLX:
0.44
BND:
1.32
VBLLX:
1.05
BND:
1.16
VBLLX:
0.08
BND:
0.35
VBLLX:
0.57
BND:
2.26
VBLLX:
5.02%
BND:
2.08%
VBLLX:
11.04%
BND:
5.18%
VBLLX:
-40.08%
BND:
-18.84%
VBLLX:
-29.66%
BND:
-7.97%
Returns By Period
In the year-to-date period, VBLLX achieves a 2.13% return, which is significantly higher than BND's 1.53% return. Over the past 10 years, VBLLX has underperformed BND with an annualized return of 0.54%, while BND has yielded a comparatively higher 1.34% annualized return.
VBLLX
2.13%
2.23%
-4.49%
2.95%
-4.80%
0.54%
BND
1.53%
1.38%
-0.82%
4.96%
-0.59%
1.34%
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VBLLX vs. BND - Expense Ratio Comparison
VBLLX has a 0.05% expense ratio, which is higher than BND'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%.
Risk-Adjusted Performance
VBLLX vs. BND — Risk-Adjusted Performance Rank
VBLLX
BND
VBLLX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Total Bond Market ETF (BND). 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
VBLLX vs. BND - Dividend Comparison
VBLLX's dividend yield for the trailing twelve months is around 4.58%, more than BND's 3.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares | 4.58% | 4.65% | 4.10% | 4.00% | 2.87% | 2.95% | 3.45% | 4.01% | 3.71% | 4.03% | 4.25% | 4.03% |
BND Vanguard Total Bond Market ETF | 3.66% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
VBLLX vs. BND - Drawdown Comparison
The maximum VBLLX drawdown since its inception was -40.08%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VBLLX and BND. For additional features, visit the drawdowns tool.
Volatility
VBLLX vs. BND - Volatility Comparison
Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) has a higher volatility of 3.02% compared to Vanguard Total Bond Market ETF (BND) at 1.38%. This indicates that VBLLX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.