VCRB vs. BOND
Compare and contrast key facts about Vanguard Core Bond ETF (VCRB) and PIMCO Active Bond ETF (BOND).
VCRB and BOND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCRB is an actively managed fund by Vanguard. It was launched on Dec 14, 2023. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCRB or BOND.
Key characteristics
| VCRB | BOND | |
|---|---|---|
| YTD Return | 5.45% | 5.98% |
| Daily Std Dev | 5.35% | 6.10% |
| Max Drawdown | -3.34% | -19.71% |
| Current Drawdown | -0.40% | -4.20% |
Correlation
The correlation between VCRB and BOND is 0.93, 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.
Performance
VCRB vs. BOND - Performance Comparison
In the year-to-date period, VCRB achieves a 5.45% return, which is significantly lower than BOND's 5.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VCRB vs. BOND - Expense Ratio Comparison
VCRB has a 0.10% expense ratio, which is lower than BOND's 0.57% expense ratio.
Risk-Adjusted Performance
VCRB vs. BOND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond ETF (VCRB) and PIMCO Active Bond ETF (BOND). 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.
Not enough dataDividends
VCRB vs. BOND - Dividend Comparison
VCRB's dividend yield for the trailing twelve months is around 2.73%, less than BOND's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCRB Vanguard Core Bond ETF | 2.73% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BOND PIMCO Active Bond ETF | 5.24% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% | 2.82% |
Drawdowns
VCRB vs. BOND - Drawdown Comparison
The maximum VCRB drawdown since its inception was -3.34%, smaller than the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for VCRB and BOND. For additional features, visit the drawdowns tool.
Volatility
VCRB vs. BOND - Volatility Comparison
The current volatility for Vanguard Core Bond ETF (VCRB) is 1.13%, while PIMCO Active Bond ETF (BOND) has a volatility of 1.20%. This indicates that VCRB experiences smaller price fluctuations and is considered to be less risky than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.