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VBMFX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VBMFX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market Index Fund (VBMFX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.20%
3.23%
VBMFX
BND

Returns By Period

In the year-to-date period, VBMFX achieves a 1.27% return, which is significantly lower than BND's 1.66% return. Over the past 10 years, VBMFX has underperformed BND with an annualized return of 1.24%, while BND has yielded a comparatively higher 1.39% annualized return.


VBMFX

YTD

1.27%

1M

-0.73%

6M

3.21%

1Y

6.09%

5Y (annualized)

-0.45%

10Y (annualized)

1.24%

BND

YTD

1.66%

1M

-0.79%

6M

3.22%

1Y

6.06%

5Y (annualized)

-0.33%

10Y (annualized)

1.39%

Key characteristics


VBMFXBND
Sharpe Ratio1.081.09
Sortino Ratio1.601.59
Omega Ratio1.191.19
Calmar Ratio0.400.42
Martin Ratio3.423.51
Ulcer Index1.78%1.75%
Daily Std Dev5.63%5.65%
Max Drawdown-19.21%-18.84%
Current Drawdown-9.66%-9.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VBMFX vs. BND - Expense Ratio Comparison

VBMFX has a 0.15% 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%.


VBMFX
Vanguard Total Bond Market Index Fund
Expense ratio chart for VBMFX: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

The correlation between VBMFX and BND is 0.89, 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.

Risk-Adjusted Performance

VBMFX vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund (VBMFX) 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.


Sharpe ratio
The chart of Sharpe ratio for VBMFX, currently valued at 1.08, compared to the broader market-1.000.001.002.003.004.005.001.081.09
The chart of Sortino ratio for VBMFX, currently valued at 1.60, compared to the broader market0.005.0010.001.601.59
The chart of Omega ratio for VBMFX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.19
The chart of Calmar ratio for VBMFX, currently valued at 0.40, compared to the broader market0.005.0010.0015.0020.000.400.42
The chart of Martin ratio for VBMFX, currently valued at 3.42, compared to the broader market0.0020.0040.0060.0080.00100.003.423.51
VBMFX
BND

The current VBMFX Sharpe Ratio is 1.08, which is comparable to the BND Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of VBMFX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.08
1.09
VBMFX
BND

Dividends

VBMFX vs. BND - Dividend Comparison

VBMFX's dividend yield for the trailing twelve months is around 3.48%, less than BND's 3.57% yield.


TTM20232022202120202019201820172016201520142013
VBMFX
Vanguard Total Bond Market Index Fund
3.48%3.00%2.42%1.81%2.14%2.64%2.67%2.43%2.38%2.38%2.43%2.43%
BND
Vanguard Total Bond Market ETF
3.57%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

VBMFX vs. BND - Drawdown Comparison

The maximum VBMFX drawdown since its inception was -19.21%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VBMFX and BND. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%JuneJulyAugustSeptemberOctoberNovember
-9.66%
-9.11%
VBMFX
BND

Volatility

VBMFX vs. BND - Volatility Comparison

Vanguard Total Bond Market Index Fund (VBMFX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.46% and 1.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%JuneJulyAugustSeptemberOctoberNovember
1.46%
1.52%
VBMFX
BND