VBND vs. SPY
Compare and contrast key facts about Vident Core U.S. Bond Strategy ETF (VBND) and SPDR S&P 500 ETF (SPY).
VBND and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VBND is a passively managed fund by Vident that tracks the performance of the Vident Core U.S. Bond Strategy Index. It was launched on Oct 15, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both VBND and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBND or SPY.
Correlation
The correlation between VBND and SPY is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VBND vs. SPY - Performance Comparison
Key characteristics
VBND:
0.22
SPY:
2.21
VBND:
0.33
SPY:
2.93
VBND:
1.04
SPY:
1.41
VBND:
0.11
SPY:
3.26
VBND:
0.72
SPY:
14.43
VBND:
1.71%
SPY:
1.90%
VBND:
5.74%
SPY:
12.41%
VBND:
-18.97%
SPY:
-55.19%
VBND:
-7.75%
SPY:
-2.74%
Returns By Period
In the year-to-date period, VBND achieves a 1.00% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, VBND has underperformed SPY with an annualized return of 1.23%, while SPY has yielded a comparatively higher 12.97% annualized return.
VBND
1.00%
-0.92%
0.54%
1.38%
-0.34%
1.23%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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VBND vs. SPY - Expense Ratio Comparison
VBND has a 0.39% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VBND vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident Core U.S. Bond Strategy ETF (VBND) and SPDR S&P 500 ETF (SPY). 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
VBND vs. SPY - Dividend Comparison
VBND's dividend yield for the trailing twelve months is around 4.01%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBND Vident Core U.S. Bond Strategy ETF | 4.01% | 3.88% | 2.55% | 1.56% | 1.98% | 3.13% | 2.82% | 2.00% | 3.12% | 1.49% | 0.11% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VBND vs. SPY - Drawdown Comparison
The maximum VBND drawdown since its inception was -18.97%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VBND and SPY. For additional features, visit the drawdowns tool.
Volatility
VBND vs. SPY - Volatility Comparison
The current volatility for Vident Core U.S. Bond Strategy ETF (VBND) is 1.91%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that VBND experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.