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VBTLX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBTLX and BND is 0.89, 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

VBTLX vs. BND - Performance Comparison

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

58.00%60.00%62.00%64.00%66.00%68.00%70.00%72.00%JulyAugustSeptemberOctoberNovemberDecember
61.53%
65.17%
VBTLX
BND

Key characteristics

Sharpe Ratio

VBTLX:

0.25

BND:

0.31

Sortino Ratio

VBTLX:

0.38

BND:

0.46

Omega Ratio

VBTLX:

1.05

BND:

1.05

Calmar Ratio

VBTLX:

0.10

BND:

0.12

Martin Ratio

VBTLX:

0.69

BND:

0.87

Ulcer Index

VBTLX:

1.95%

BND:

1.91%

Daily Std Dev

VBTLX:

5.44%

BND:

5.43%

Max Drawdown

VBTLX:

-19.05%

BND:

-18.84%

Current Drawdown

VBTLX:

-9.74%

BND:

-9.27%

Returns By Period

In the year-to-date period, VBTLX achieves a 0.84% return, which is significantly lower than BND's 1.48% return. Both investments have delivered pretty close results over the past 10 years, with VBTLX having a 1.31% annualized return and BND not far ahead at 1.36%.


VBTLX

YTD

0.84%

1M

-0.52%

6M

1.12%

1Y

1.45%

5Y*

-0.41%

10Y*

1.31%

BND

YTD

1.48%

1M

-0.24%

6M

1.41%

1Y

1.67%

5Y*

-0.34%

10Y*

1.36%

Compare stocks, funds, or ETFs

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


VBTLX vs. BND - Expense Ratio Comparison

VBTLX has a 0.05% 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%.


VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
Expense ratio chart for VBTLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

VBTLX vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) 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.


Sharpe ratio
The chart of Sharpe ratio for VBTLX, currently valued at 0.25, compared to the broader market-1.000.001.002.003.004.000.250.31
The chart of Sortino ratio for VBTLX, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.380.46
The chart of Omega ratio for VBTLX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.003.501.051.05
The chart of Calmar ratio for VBTLX, currently valued at 0.10, compared to the broader market0.002.004.006.008.0010.0012.0014.000.100.12
The chart of Martin ratio for VBTLX, currently valued at 0.69, compared to the broader market0.0020.0040.0060.000.690.87
VBTLX
BND

The current VBTLX Sharpe Ratio is 0.25, which is comparable to the BND Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of VBTLX and BND, 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
0.25
0.31
VBTLX
BND

Dividends

VBTLX vs. BND - Dividend Comparison

VBTLX's dividend yield for the trailing twelve months is around 3.34%, less than BND's 3.62% yield.


TTM20232022202120202019201820172016201520142013
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.34%3.11%2.51%1.90%2.23%2.74%2.78%2.51%2.49%2.48%2.55%2.56%
BND
Vanguard Total Bond Market ETF
3.33%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

VBTLX vs. BND - Drawdown Comparison

The maximum VBTLX drawdown since its inception was -19.05%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VBTLX and BND. For additional features, visit the drawdowns tool.


-12.00%-11.00%-10.00%-9.00%-8.00%-7.00%-6.00%JulyAugustSeptemberOctoberNovemberDecember
-9.74%
-9.27%
VBTLX
BND

Volatility

VBTLX vs. BND - Volatility Comparison

The current volatility for Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) is 1.55%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.65%. This indicates that VBTLX 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.


1.00%1.20%1.40%1.60%1.80%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.55%
1.65%
VBTLX
BND
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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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