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VBTIX vs. BNDW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBTIX and BNDW is 0.91, 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.


-0.50.00.51.00.9

Performance

VBTIX vs. BNDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Vanguard Total World Bond ETF (BNDW). The values are adjusted to include any dividend payments, if applicable.

6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.84%
9.24%
VBTIX
BNDW

Key characteristics

Sharpe Ratio

VBTIX:

0.30

BNDW:

0.57

Sortino Ratio

VBTIX:

0.46

BNDW:

0.83

Omega Ratio

VBTIX:

1.05

BNDW:

1.10

Calmar Ratio

VBTIX:

0.12

BNDW:

0.24

Martin Ratio

VBTIX:

0.86

BNDW:

1.81

Ulcer Index

VBTIX:

1.92%

BNDW:

1.41%

Daily Std Dev

VBTIX:

5.48%

BNDW:

4.49%

Max Drawdown

VBTIX:

-19.01%

BNDW:

-17.22%

Current Drawdown

VBTIX:

-9.40%

BNDW:

-6.24%

Returns By Period

In the year-to-date period, VBTIX achieves a 1.15% return, which is significantly lower than BNDW's 2.55% return.


VBTIX

YTD

1.15%

1M

-0.22%

6M

1.43%

1Y

1.76%

5Y*

-0.33%

10Y*

1.35%

BNDW

YTD

2.55%

1M

0.24%

6M

2.55%

1Y

2.62%

5Y*

-0.08%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VBTIX vs. BNDW - Expense Ratio Comparison

VBTIX has a 0.04% expense ratio, which is lower than BNDW's 0.06% 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%.


BNDW
Vanguard Total World Bond ETF
Expense ratio chart for BNDW: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for VBTIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VBTIX vs. BNDW - 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 World Bond ETF (BNDW). 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.


Sharpe ratio
The chart of Sharpe ratio for VBTIX, currently valued at 0.30, compared to the broader market-1.000.001.002.003.004.000.300.57
The chart of Sortino ratio for VBTIX, currently valued at 0.46, compared to the broader market-2.000.002.004.006.008.0010.000.460.83
The chart of Omega ratio for VBTIX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.003.501.051.10
The chart of Calmar ratio for VBTIX, currently valued at 0.12, compared to the broader market0.002.004.006.008.0010.0012.0014.000.120.24
The chart of Martin ratio for VBTIX, currently valued at 0.86, compared to the broader market0.0020.0040.0060.000.861.81
VBTIX
BNDW

The current VBTIX Sharpe Ratio is 0.30, which is lower than the BNDW Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of VBTIX and BNDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.30
0.57
VBTIX
BNDW

Dividends

VBTIX vs. BNDW - Dividend Comparison

VBTIX's dividend yield for the trailing twelve months is around 3.65%, less than BNDW's 4.19% yield.


TTM20232022202120202019201820172016201520142013
VBTIX
Vanguard Total Bond Market Index Fund Institutional Shares
3.65%3.12%2.54%1.91%2.25%2.74%2.78%2.53%2.49%2.51%2.57%2.56%
BNDW
Vanguard Total World Bond ETF
2.71%3.73%2.02%2.58%1.56%3.05%1.66%0.00%0.00%0.00%0.00%0.00%

Drawdowns

VBTIX vs. BNDW - Drawdown Comparison

The maximum VBTIX drawdown since its inception was -19.01%, which is greater than BNDW's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for VBTIX and BNDW. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-9.40%
-6.24%
VBTIX
BNDW

Volatility

VBTIX vs. BNDW - Volatility Comparison

Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) has a higher volatility of 1.67% compared to Vanguard Total World Bond ETF (BNDW) at 1.28%. This indicates that VBTIX's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.67%
1.28%
VBTIX
BNDW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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