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

Key characteristics


VBMFXVBTLX
YTD Return4.47%4.54%
1Y Return10.29%10.40%
3Y Return (Ann)-1.73%-1.64%
5Y Return (Ann)0.34%0.44%
10Y Return (Ann)1.73%1.86%
Sharpe Ratio1.581.60
Daily Std Dev6.28%6.28%
Max Drawdown-18.86%-18.68%
Current Drawdown-6.42%-6.04%

Correlation

-0.50.00.51.01.0

The correlation between VBMFX and VBTLX is 0.99, 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

VBMFX vs. VBTLX - Performance Comparison

The year-to-date returns for both investments are quite close, with VBMFX having a 4.47% return and VBTLX slightly higher at 4.54%. Over the past 10 years, VBMFX has underperformed VBTLX with an annualized return of 1.73%, while VBTLX has yielded a comparatively higher 1.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%AprilMayJuneJulyAugustSeptember
6.07%
6.13%
VBMFX
VBTLX

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


VBMFX vs. VBTLX - Expense Ratio Comparison

VBMFX has a 0.15% expense ratio, which is higher than VBTLX's 0.05% 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 VBTLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VBMFX vs. VBTLX - 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 Index Fund Admiral Shares (VBTLX). 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
Sharpe ratio
The chart of Sharpe ratio for VBMFX, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.005.001.58
Sortino ratio
The chart of Sortino ratio for VBMFX, currently valued at 2.31, compared to the broader market0.005.0010.002.31
Omega ratio
The chart of Omega ratio for VBMFX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for VBMFX, currently valued at 0.55, compared to the broader market0.005.0010.0015.0020.000.55
Martin ratio
The chart of Martin ratio for VBMFX, currently valued at 6.25, compared to the broader market0.0020.0040.0060.0080.006.25
VBTLX
Sharpe ratio
The chart of Sharpe ratio for VBTLX, currently valued at 1.60, compared to the broader market-1.000.001.002.003.004.005.001.60
Sortino ratio
The chart of Sortino ratio for VBTLX, currently valued at 2.34, compared to the broader market0.005.0010.002.34
Omega ratio
The chart of Omega ratio for VBTLX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for VBTLX, currently valued at 0.57, compared to the broader market0.005.0010.0015.0020.000.57
Martin ratio
The chart of Martin ratio for VBTLX, currently valued at 6.36, compared to the broader market0.0020.0040.0060.0080.006.36

VBMFX vs. VBTLX - Sharpe Ratio Comparison

The current VBMFX Sharpe Ratio is 1.58, which roughly equals the VBTLX Sharpe Ratio of 1.60. The chart below compares the 12-month rolling Sharpe Ratio of VBMFX and VBTLX.


Rolling 12-month Sharpe Ratio0.000.501.001.50AprilMayJuneJulyAugustSeptember
1.58
1.60
VBMFX
VBTLX

Dividends

VBMFX vs. VBTLX - Dividend Comparison

VBMFX's dividend yield for the trailing twelve months is around 3.28%, less than VBTLX's 3.38% yield.


TTM20232022202120202019201820172016201520142013
VBMFX
Vanguard Total Bond Market Index Fund
3.28%2.99%2.49%2.01%2.29%2.63%2.48%2.46%2.43%2.28%2.48%2.48%
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.38%3.08%2.59%2.11%2.39%2.73%2.80%2.56%2.54%2.37%2.59%2.59%

Drawdowns

VBMFX vs. VBTLX - Drawdown Comparison

The maximum VBMFX drawdown since its inception was -18.86%, roughly equal to the maximum VBTLX drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for VBMFX and VBTLX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%AprilMayJuneJulyAugustSeptember
-6.42%
-6.04%
VBMFX
VBTLX

Volatility

VBMFX vs. VBTLX - Volatility Comparison

Vanguard Total Bond Market Index Fund (VBMFX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) have volatilities of 1.15% and 1.15%, 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%AprilMayJuneJulyAugustSeptember
1.15%
1.15%
VBMFX
VBTLX