VCOBX vs. BND
Compare and contrast key facts about Vanguard Core Bond Fund Admiral Shares (VCOBX) and Vanguard Total Bond Market ETF (BND).
VCOBX is managed by Vanguard. It was launched on Mar 28, 2016. 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: VCOBX or BND.
Performance
VCOBX vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, VCOBX achieves a 2.16% return, which is significantly higher than BND's 1.66% return.
VCOBX
2.16%
-0.73%
3.49%
6.91%
0.19%
N/A
BND
1.66%
-0.79%
3.22%
6.06%
-0.33%
1.39%
Key characteristics
| VCOBX | BND | |
|---|---|---|
| Sharpe Ratio | 1.26 | 1.09 |
| Sortino Ratio | 1.87 | 1.59 |
| Omega Ratio | 1.22 | 1.19 |
| Calmar Ratio | 0.48 | 0.42 |
| Martin Ratio | 4.28 | 3.51 |
| Ulcer Index | 1.61% | 1.75% |
| Daily Std Dev | 5.46% | 5.65% |
| Max Drawdown | -18.91% | -18.84% |
| Current Drawdown | -8.30% | -9.11% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VCOBX vs. BND - Expense Ratio Comparison
VCOBX has a 0.10% 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%.
Correlation
The correlation between VCOBX and BND is 0.96, 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.
Risk-Adjusted Performance
VCOBX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Admiral Shares (VCOBX) 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
VCOBX vs. BND - Dividend Comparison
VCOBX's dividend yield for the trailing twelve months is around 4.61%, more than BND's 3.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCOBX Vanguard Core Bond Fund Admiral Shares | 4.61% | 4.10% | 3.02% | 1.22% | 1.80% | 3.09% | 3.11% | 2.20% | 1.68% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.57% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
VCOBX vs. BND - Drawdown Comparison
The maximum VCOBX drawdown since its inception was -18.91%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VCOBX and BND. For additional features, visit the drawdowns tool.
Volatility
VCOBX vs. BND - Volatility Comparison
Vanguard Core Bond Fund Admiral Shares (VCOBX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.45% and 1.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.