VBND vs. VOO
VBND (Vident U.S. Bond Strategy ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - VBND is a Intermediate Core-Plus Bond fund tracking the Vident Core U.S. Bond Strategy Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, VBND returned 1.56%/yr vs 15.61%/yr for VOO. At a 0.02 correlation, their price movements are largely independent. VBND charges 0.41%/yr vs 0.03%/yr for VOO.
Performance
VBND vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VBND achieves a 0.64% return, which is significantly lower than VOO's 8.19% return. Over the past 10 years, VBND has underperformed VOO with an annualized return of 1.56%, while VOO has yielded a comparatively higher 15.61% annualized return.
VBND
- 1D
- 0.25%
- 1M
- 1.20%
- YTD
- 0.64%
- 6M
- 1.12%
- 1Y
- 4.87%
- 3Y*
- 4.70%
- 5Y*
- 0.42%
- 10Y*
- 1.56%
VOO
- 1D
- -1.42%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 7.24%
- 1Y
- 23.69%
- 3Y*
- 20.78%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
VBND vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBND Vident U.S. Bond Strategy ETF | 0.64% | 7.31% | 1.26% | 8.16% | -14.18% | -0.43% | 5.37% | 9.50% | -0.96% | 3.15% |
VOO Vanguard S&P 500 ETF | 8.19% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between VBND and VOO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2014 | 0.02 |
Over the past year, VBND and VOO have become more correlated (0.30) than their long-term average of 0.02, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VBND vs. VOO — Risk / Return Rank
VBND
VOO
VBND vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident U.S. Bond Strategy ETF (VBND) and Vanguard S&P 500 ETF (VOO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VBND | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.35 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.67 | -0.94 |
| Martin ratioReturn relative to average drawdown | 4.59 | 11.96 | -7.37 |
Loading charts...
Drawdowns
VBND vs. VOO - Drawdown Comparison
The maximum VBND drawdown since its inception was -18.97%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VBND and VOO.
Loading charts...
Drawdown Indicators
| VBND | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.97% | -33.99% | +15.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -8.90% | +6.08% |
Max Drawdown (3Y)Largest decline over 3 years | -4.60% | -18.69% | +14.09% |
Max Drawdown (5Y)Largest decline over 5 years | -18.97% | -24.52% | +5.55% |
Max Drawdown (10Y)Largest decline over 10 years | -18.97% | -33.99% | +15.02% |
Current DrawdownCurrent decline from peak | -0.62% | -3.14% | +2.52% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -3.68% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 1.99% | -0.93% |
Volatility
VBND vs. VOO - Volatility Comparison
The current volatility for Vident U.S. Bond Strategy ETF (VBND) is 1.10%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that VBND experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VBND | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 4.83% | -3.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 9.82% | -6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.26% | 12.46% | -8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.11% | 16.91% | -10.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 18.02% | -12.56% |
VBND vs. VOO - Expense Ratio Comparison
VBND has a 0.41% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
VBND vs. VOO - Dividend Comparison
VBND's dividend yield for the trailing twelve months is around 4.25%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBND Vident U.S. Bond Strategy ETF | 4.25% | 4.22% | 4.41% | 3.88% | 2.55% | 1.56% | 1.98% | 3.14% | 2.82% | 2.00% | 3.12% | 1.49% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
VBND and VOO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.83%) compared to VBND (1.10%). In terms of maximum drawdown, VBND dropped -18.97% vs VOO's -33.99%.
On 10-year performance, VOO leads with 15.61% vs 1.56% for VBND. On fees, VOO is cheaper at 0.03% per year. On volatility, VBND has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VOO has performed better with a 15.61% return vs 1.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.41% for VBND.
VBND has the higher dividend yield at 4.25%, compared with 1.05% for VOO.
VBND is categorized as Intermediate Core-Plus Bond, while VOO is S&P 500. VBND tracks Vident Core U.S. Bond Strategy Index, while VOO tracks S&P 500 Index. They also come from different issuers: Vident and Vanguard. Their fees differ too: 0.41% for VBND and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.91 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VBND and VOO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer