VBMPX vs. BLV
Compare and contrast key facts about Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) and Vanguard Long-Term Bond ETF (BLV).
VBMPX is managed by Vanguard. It was launched on Feb 5, 2010. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted 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: VBMPX or BLV.
Correlation
The correlation between VBMPX and BLV is 0.88, 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
VBMPX vs. BLV - Performance Comparison
Key characteristics
VBMPX:
0.47
BLV:
-0.09
VBMPX:
0.69
BLV:
-0.05
VBMPX:
1.08
BLV:
0.99
VBMPX:
0.19
BLV:
-0.03
VBMPX:
1.17
BLV:
-0.21
VBMPX:
2.16%
BLV:
4.92%
VBMPX:
5.44%
BLV:
11.27%
VBMPX:
-18.99%
BLV:
-38.29%
VBMPX:
-9.37%
BLV:
-29.06%
Returns By Period
In the year-to-date period, VBMPX achieves a -0.11% return, which is significantly higher than BLV's -0.19% return. Over the past 10 years, VBMPX has outperformed BLV with an annualized return of 1.14%, while BLV has yielded a comparatively lower 0.51% annualized return.
VBMPX
-0.11%
-0.09%
0.82%
2.75%
-0.48%
1.14%
BLV
-0.19%
-1.52%
-1.98%
-0.30%
-3.56%
0.51%
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VBMPX vs. BLV - Expense Ratio Comparison
VBMPX has a 0.03% expense ratio, which is lower than BLV's 0.04% expense ratio. Despite the difference, 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
VBMPX vs. BLV — Risk-Adjusted Performance Rank
VBMPX
BLV
VBMPX vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) and Vanguard Long-Term Bond ETF (BLV). 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
VBMPX vs. BLV - Dividend Comparison
VBMPX's dividend yield for the trailing twelve months is around 3.70%, less than BLV's 5.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 3.70% | 3.69% | 3.12% | 2.55% | 1.93% | 2.25% | 2.74% | 2.78% | 2.55% | 2.50% | 2.52% | 2.58% |
BLV Vanguard Long-Term Bond ETF | 5.10% | 5.09% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
Drawdowns
VBMPX vs. BLV - Drawdown Comparison
The maximum VBMPX drawdown since its inception was -18.99%, smaller than the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for VBMPX and BLV. For additional features, visit the drawdowns tool.
Volatility
VBMPX vs. BLV - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) is 1.57%, while Vanguard Long-Term Bond ETF (BLV) has a volatility of 2.95%. This indicates that VBMPX experiences smaller price fluctuations and is considered to be less risky than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.