VBTIX vs. BND
Compare and contrast key facts about Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Vanguard Total Bond Market ETF (BND).
VBTIX is managed by Vanguard. It was launched on Sep 18, 1995. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond 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: VBTIX or BND.
Correlation
The correlation between VBTIX and BND is -0.16. 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
VBTIX vs. BND - Performance Comparison
Key characteristics
VBTIX:
1.32
BND:
1.33
VBTIX:
1.98
BND:
1.93
VBTIX:
1.24
BND:
1.23
VBTIX:
0.52
BND:
0.52
VBTIX:
3.40
BND:
3.43
VBTIX:
2.07%
BND:
2.05%
VBTIX:
5.33%
BND:
5.31%
VBTIX:
-19.01%
BND:
-18.84%
VBTIX:
-7.07%
BND:
-6.87%
Returns By Period
In the year-to-date period, VBTIX achieves a 2.46% return, which is significantly lower than BND's 2.74% return. Both investments have delivered pretty close results over the past 10 years, with VBTIX having a 1.40% annualized return and BND not far ahead at 1.43%.
VBTIX
2.46%
0.65%
1.93%
7.61%
-0.88%
1.40%
BND
2.74%
0.67%
1.94%
7.62%
-0.84%
1.43%
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VBTIX vs. BND - Expense Ratio Comparison
VBTIX has a 0.04% expense ratio, which is higher than BND's 0.03% expense ratio. However, 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
VBTIX vs. BND — Risk-Adjusted Performance Rank
VBTIX
BND
VBTIX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Vanguard Total Bond Market ETF (BND). 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
VBTIX vs. BND - Dividend Comparison
VBTIX's dividend yield for the trailing twelve months is around 3.72%, which matches BND's 3.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares | 3.72% | 3.69% | 3.12% | 2.54% | 1.91% | 2.25% | 2.74% | 2.78% | 2.53% | 2.49% | 2.51% | 2.57% |
BND Vanguard Total Bond Market ETF | 3.69% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
VBTIX vs. BND - Drawdown Comparison
The maximum VBTIX drawdown since its inception was -19.01%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VBTIX and BND. For additional features, visit the drawdowns tool.
Volatility
VBTIX vs. BND - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) is 2.08%, while Vanguard Total Bond Market ETF (BND) has a volatility of 2.19%. This indicates that VBTIX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.