VBTIX vs. BTC-USD
VBTIX (Vanguard Total Bond Market Index Fund Institutional Shares) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, VBTIX returned 1.39%/yr vs 58.69%/yr for BTC-USD. At a 0.01 correlation, their price movements are largely independent.
Performance
VBTIX vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, VBTIX achieves a -0.17% return, which is significantly higher than BTC-USD's -23.90% return. Over the past 10 years, VBTIX has underperformed BTC-USD with an annualized return of 1.39%, while BTC-USD has yielded a comparatively higher 58.69% annualized return.
VBTIX
- 1D
- -0.21%
- 1M
- -0.60%
- 6M
- 0.24%
- YTD
- -0.17%
- 1Y
- 3.52%
- 3Y*
- 3.83%
- 5Y*
- -0.23%
- 10Y*
- 1.39%
- ALL TIME*
- 4.19%
BTC-USD
- 1D
- 2.10%
- 1M
- 5.29%
- 6M
- -24.60%
- YTD
- -23.90%
- 1Y
- -43.30%
- 3Y*
- 30.74%
- 5Y*
- 15.58%
- 10Y*
- 58.69%
- ALL TIME*
- 89.03%
VBTIX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBTIX Vanguard Total Bond Market Index Fund Institutional Shares | -0.17% | 7.18% | 1.27% | 5.75% | -13.15% | -1.95% | 7.75% | 8.74% | -0.24% | 3.56% |
BTC-USD Bitcoin | -23.90% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between VBTIX and BTC-USD is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2012 | 0.01 |
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Return for Risk
VBTIX vs. BTC-USD — Risk / Return Rank
VBTIX
BTC-USD
VBTIX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) and Bitcoin (BTC-USD). 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.
| VBTIX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.92 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.85 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | -0.82 | +2.11 |
| Martin ratioReturn relative to average drawdown | 3.48 | -1.30 | +4.77 |
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Drawdowns
VBTIX vs. BTC-USD - Drawdown Comparison
The maximum VBTIX drawdown since its inception was -18.90%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for VBTIX and BTC-USD.
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Drawdown Indicators
| VBTIX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.90% | -85.30% | +66.40% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -53.08% | +50.19% |
Max Drawdown (3Y)Largest decline over 3 years | -5.49% | -53.08% | +47.59% |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | -76.67% | +58.54% |
Max Drawdown (10Y)Largest decline over 10 years | -18.90% | -83.80% | +64.90% |
Current DrawdownCurrent decline from peak | -2.84% | -46.61% | +43.77% |
Average DrawdownAverage peak-to-trough decline | -2.32% | -42.62% | +40.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 27.11% | -26.03% |
Volatility
VBTIX vs. BTC-USD - Volatility Comparison
The current volatility for Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) is 0.99%, while Bitcoin (BTC-USD) has a volatility of 9.38%. This indicates that VBTIX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBTIX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 9.38% | -8.39% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 34.69% | -31.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.81% | 35.80% | -31.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.02% | 43.84% | -37.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.98% | 56.33% | -51.35% |
Frequently Asked Questions
VBTIX and BTC-USD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (9.38%) compared to VBTIX (0.99%). In terms of maximum drawdown, VBTIX dropped -18.90% vs BTC-USD's -85.30%.
VBTIX currently has the higher Sharpe Ratio (0.99 vs -1.01), 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.
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