VBMPX vs. VBIPX
Compare and contrast key facts about Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) and Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX).
VBMPX is managed by Vanguard. It was launched on Feb 5, 2010. VBIPX is managed by Vanguard. It was launched on Sep 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBMPX or VBIPX.
Correlation
The correlation between VBMPX and VBIPX 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.
Performance
VBMPX vs. VBIPX - Performance Comparison
Key characteristics
VBMPX:
0.41
VBIPX:
1.38
VBMPX:
0.61
VBIPX:
2.11
VBMPX:
1.07
VBIPX:
1.27
VBMPX:
0.16
VBIPX:
1.15
VBMPX:
1.03
VBIPX:
4.95
VBMPX:
2.15%
VBIPX:
0.76%
VBMPX:
5.45%
VBIPX:
2.74%
VBMPX:
-18.99%
VBIPX:
-8.87%
VBMPX:
-9.37%
VBIPX:
-0.84%
Returns By Period
In the year-to-date period, VBMPX achieves a -0.11% return, which is significantly lower than VBIPX's -0.00% return. Over the past 10 years, VBMPX has underperformed VBIPX with an annualized return of 1.16%, while VBIPX has yielded a comparatively higher 1.52% annualized return.
VBMPX
-0.11%
-0.82%
0.50%
2.54%
-0.48%
1.16%
VBIPX
-0.00%
0.12%
2.01%
4.08%
1.21%
1.52%
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VBMPX vs. VBIPX - Expense Ratio Comparison
VBMPX has a 0.03% expense ratio, which is lower than VBIPX'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. VBIPX — Risk-Adjusted Performance Rank
VBMPX
VBIPX
VBMPX vs. VBIPX - 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 Short-Term Bond Index Fund Institutional Plus (VBIPX). 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. VBIPX - Dividend Comparison
VBMPX's dividend yield for the trailing twelve months is around 3.70%, more than VBIPX's 3.40% 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% |
VBIPX Vanguard Short-Term Bond Index Fund Institutional Plus | 3.40% | 3.40% | 2.43% | 1.47% | 1.22% | 1.82% | 2.27% | 2.04% | 1.56% | 1.51% | 1.37% | 1.37% |
Drawdowns
VBMPX vs. VBIPX - Drawdown Comparison
The maximum VBMPX drawdown since its inception was -18.99%, which is greater than VBIPX's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for VBMPX and VBIPX. For additional features, visit the drawdowns tool.
Volatility
VBMPX vs. VBIPX - Volatility Comparison
Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) has a higher volatility of 1.58% compared to Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) at 0.72%. This indicates that VBMPX's price experiences larger fluctuations and is considered to be riskier than VBIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.