VBR vs. BINC
VBR (Vanguard Small-Cap Value ETF) and BINC (iShares Flexible Income Active ETF) are both exchange-traded funds - VBR is a Small Cap Value Equities fund tracking the CRSP US Small Cap Value Index, while BINC is a Multisector Bonds fund actively managed by iShares. VBR is passively managed, while BINC is actively managed. Over the past 3 years, VBR returned 16.12%/yr vs 7.04%/yr for BINC. At a 0.45 correlation, their price movements are largely independent. VBR charges 0.05%/yr vs 0.40%/yr for BINC.
Performance
VBR vs. BINC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VBR achieves a 14.49% return, which is significantly higher than BINC's 1.29% return.
VBR
- 1D
- -0.09%
- 1M
- 6.08%
- YTD
- 14.49%
- 6M
- 12.98%
- 1Y
- 29.82%
- 3Y*
- 16.12%
- 5Y*
- 8.62%
- 10Y*
- 10.95%
BINC
- 1D
- 0.15%
- 1M
- 0.92%
- YTD
- 1.29%
- 6M
- 1.78%
- 1Y
- 5.90%
- 3Y*
- 7.04%
- 5Y*
- —
- 10Y*
- —
VBR vs. BINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VBR Vanguard Small-Cap Value ETF | 14.49% | 9.09% | 12.40% | 17.47% |
BINC iShares Flexible Income Active ETF | 1.29% | 7.57% | 5.76% | 7.12% |
Correlation
The correlation between VBR and BINC is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.45 |
The correlation between VBR and BINC has been stable across timeframes, ranging from 0.45 to 0.51 - a consistent structural relationship.
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
VBR vs. BINC — Risk / Return Rank
VBR
BINC
VBR vs. BINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small-Cap Value ETF (VBR) and iShares Flexible Income Active ETF (BINC). 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.
| VBR | BINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.52 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 2.20 | +1.18 |
| Martin ratioReturn relative to average drawdown | 11.97 | 8.60 | +3.37 |
Loading charts...
Drawdowns
VBR vs. BINC - Drawdown Comparison
The maximum VBR drawdown since its inception was -61.98%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for VBR and BINC.
Loading charts...
Drawdown Indicators
| VBR | BINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.98% | -2.69% | -59.29% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -2.69% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -24.19% | -2.69% | -21.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.28% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.10% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -0.36% | -7.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 0.69% | +1.81% |
Volatility
VBR vs. BINC - Volatility Comparison
Vanguard Small-Cap Value ETF (VBR) has a higher volatility of 4.43% compared to iShares Flexible Income Active ETF (BINC) at 0.75%. This indicates that VBR's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VBR | BINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 0.75% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | 1.87% | +8.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.31% | 2.30% | +13.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.79% | 2.99% | +16.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.75% | 2.99% | +18.76% |
VBR vs. BINC - Expense Ratio Comparison
VBR has a 0.05% expense ratio, which is lower than BINC's 0.40% expense ratio.
Dividends
VBR vs. BINC - Dividend Comparison
VBR's dividend yield for the trailing twelve months is around 1.72%, less than BINC's 5.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 5.84% | 5.86% | 6.14% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VBR Vanguard Small-Cap Value ETF | 1.72% | 1.95% | 1.98% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% |
Frequently Asked Questions
VBR and BINC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VBR has higher volatility (4.43%) compared to BINC (0.75%). In terms of maximum drawdown, VBR dropped -61.98% vs BINC's -2.69%.
On 3-year performance, VBR leads with 16.12% vs 7.04% for BINC. On fees, VBR is cheaper at 0.05% per year. On volatility, BINC has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VBR has performed better with a 16.12% return vs 7.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VBR is cheaper with a 0.05% expense ratio, compared with 0.40% for BINC.
BINC has the higher dividend yield at 5.84%, compared with 1.72% for VBR.
VBR is categorized as Small Cap Value Equities, while BINC is Multisector Bonds. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.05% for VBR and 0.40% for BINC.
BINC currently has the higher Sharpe Ratio (2.58 vs 1.96), 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 VBR and BINC
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