VBMFX vs. PCGTX
Compare and contrast key facts about Vanguard Total Bond Market Index Fund (VBMFX) and PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX).
VBMFX is managed by Vanguard. It was launched on Dec 11, 1986. PCGTX is managed by UBS. It was launched on Aug 24, 1995.
Performance
VBMFX vs. PCGTX - Performance Comparison
Loading graphics...
VBMFX vs. PCGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBMFX Vanguard Total Bond Market Index Fund | -0.30% | 7.05% | 1.15% | 5.62% | -13.25% | -2.04% | 7.63% | 8.61% | -0.34% | 3.45% |
PCGTX PACE Mortgage-Backed Securities Fixed Income Investments | 2.74% | 7.84% | 0.98% | 5.12% | -13.48% | -0.61% | 5.75% | 6.55% | 0.17% | 2.83% |
Returns By Period
In the year-to-date period, VBMFX achieves a -0.30% return, which is significantly lower than PCGTX's 2.74% return. Over the past 10 years, VBMFX has underperformed PCGTX with an annualized return of 1.50%, while PCGTX has yielded a comparatively higher 1.63% annualized return.
VBMFX
- 1D
- 0.21%
- 1M
- -1.63%
- YTD
- -0.30%
- 6M
- 0.35%
- 1Y
- 3.55%
- 3Y*
- 3.40%
- 5Y*
- 0.08%
- 10Y*
- 1.50%
PCGTX
- 1D
- 0.28%
- 1M
- -1.39%
- YTD
- 2.74%
- 6M
- 4.32%
- 1Y
- 7.80%
- 3Y*
- 4.71%
- 5Y*
- 0.32%
- 10Y*
- 1.63%
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. PCGTX - Expense Ratio Comparison
VBMFX has a 0.15% expense ratio, which is lower than PCGTX's 0.73% expense ratio.
Return for Risk
VBMFX vs. PCGTX — Risk / Return Rank
VBMFX
PCGTX
VBMFX vs. PCGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund (VBMFX) and PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX). 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.
| VBMFX | PCGTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.43 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.30 | 2.29 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.30 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.69 | -1.07 |
Martin ratioReturn relative to average drawdown | 4.56 | 7.64 | -3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VBMFX | PCGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.43 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.05 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.31 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.97 | -0.01 |
Correlation
The correlation between VBMFX and PCGTX is 0.81, 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.
Dividends
VBMFX vs. PCGTX - Dividend Comparison
VBMFX's dividend yield for the trailing twelve months is around 3.50%, less than PCGTX's 4.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBMFX Vanguard Total Bond Market Index Fund | 3.50% | 3.76% | 3.57% | 2.99% | 2.49% | 1.72% | 2.31% | 2.63% | 2.47% | 2.45% | 2.43% | 2.71% |
PCGTX PACE Mortgage-Backed Securities Fixed Income Investments | 4.43% | 3.78% | 5.36% | 5.02% | 3.67% | 2.87% | 3.23% | 3.53% | 3.34% | 2.96% | 2.71% | 2.21% |
Drawdowns
VBMFX vs. PCGTX - Drawdown Comparison
The maximum VBMFX drawdown since its inception was -19.08%, roughly equal to the maximum PCGTX drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for VBMFX and PCGTX.
Loading graphics...
Drawdown Indicators
| VBMFX | PCGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.08% | -19.34% | +0.26% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -3.10% | +0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.24% | -19.20% | +0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -19.08% | -19.34% | +0.26% |
Current DrawdownCurrent decline from peak | -3.56% | -1.57% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -1.86% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 1.09% | -0.12% |
Volatility
VBMFX vs. PCGTX - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund (VBMFX) is 1.55%, while PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX) has a volatility of 2.15%. This indicates that VBMFX experiences smaller price fluctuations and is considered to be less risky than PCGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VBMFX | PCGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 2.15% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | 4.14% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 6.23% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 7.10% | -1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 5.35% | -0.39% |