VDIPX vs. VBMPX
VDIPX (Vanguard Developed Markets Index Fund Institutional Plus Shares) and VBMPX (Vanguard Total Bond Market Index Fund Institutional Plus Shares) are both mutual funds - VDIPX is a Foreign Large Cap Equities fund managed by Vanguard, while VBMPX is a Total Bond Market fund managed by Vanguard. Over the past 10 years, VDIPX returned 10.14%/yr vs 1.59%/yr for VBMPX. At a correlation of -0.00, they often move in opposite directions. VDIPX charges 0.04%/yr vs 0.03%/yr for VBMPX.
Performance
VDIPX vs. VBMPX - Performance Comparison
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Returns By Period
In the year-to-date period, VDIPX achieves a 15.29% return, which is significantly higher than VBMPX's 0.33% return. Over the past 10 years, VDIPX has outperformed VBMPX with an annualized return of 10.14%, while VBMPX has yielded a comparatively lower 1.59% annualized return.
VDIPX
- 1D
- 0.11%
- 1M
- 1.46%
- YTD
- 15.29%
- 6M
- 18.15%
- 1Y
- 32.27%
- 3Y*
- 20.10%
- 5Y*
- 9.67%
- 10Y*
- 10.14%
VBMPX
- 1D
- 0.10%
- 1M
- -0.17%
- YTD
- 0.33%
- 6M
- 0.56%
- 1Y
- 4.81%
- 3Y*
- 4.03%
- 5Y*
- 0.13%
- 10Y*
- 1.59%
VDIPX vs. VBMPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares | 15.29% | 35.15% | 3.08% | 17.78% | -15.35% | 11.45% | 10.26% | 22.06% | -14.48% | 26.48% |
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 0.33% | 7.18% | 1.27% | 5.75% | -13.14% | -1.95% | 7.75% | 8.74% | -0.24% | 3.58% |
Correlation
The correlation between VDIPX and VBMPX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015 | -0.00 |
The correlation between VDIPX and VBMPX shifts across timeframes, from -0.00 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VDIPX vs. VBMPX — Risk / Return Rank
VDIPX
VBMPX
VDIPX vs. VBMPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) and Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX). 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.
| VDIPX | VBMPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 1.60 | +1.18 |
| Martin ratioReturn relative to average drawdown | 10.76 | 4.77 | +5.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDIPX | VBMPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.18 | +0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.02 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.32 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.52 | +0.03 |
Drawdowns
VDIPX vs. VBMPX - Drawdown Comparison
The maximum VDIPX drawdown since its inception was -35.61%, which is greater than VBMPX's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for VDIPX and VBMPX.
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Drawdown Indicators
| VDIPX | VBMPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.61% | -18.90% | -16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -2.89% | -8.78% |
Max Drawdown (3Y)Largest decline over 3 years | -13.15% | -5.99% | -7.16% |
Max Drawdown (5Y)Largest decline over 5 years | -29.69% | -18.12% | -11.57% |
Max Drawdown (10Y)Largest decline over 10 years | -35.61% | -18.90% | -16.71% |
Current DrawdownCurrent decline from peak | -0.55% | -2.34% | +1.79% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -3.53% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 0.97% | +2.03% |
Volatility
VDIPX vs. VBMPX - Volatility Comparison
Vanguard Developed Markets Index Fund Institutional Plus Shares (VDIPX) has a higher volatility of 4.87% compared to Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) at 1.32%. This indicates that VDIPX's price experiences larger fluctuations and is considered to be riskier than VBMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDIPX | VBMPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 1.32% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 2.78% | +9.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.07% | 3.96% | +11.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 6.02% | +9.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.52% | 4.98% | +11.54% |
VDIPX vs. VBMPX - Expense Ratio Comparison
VDIPX has a 0.04% expense ratio, which is higher than VBMPX'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%.
Dividends
VDIPX vs. VBMPX - Dividend Comparison
VDIPX's dividend yield for the trailing twelve months is around 2.62%, less than VBMPX's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBMPX Vanguard Total Bond Market Index Fund Institutional Plus Shares | 4.00% | 3.88% | 3.69% | 3.11% | 2.61% | 1.81% | 2.41% | 2.75% | 2.58% | 2.58% | 2.55% | 2.85% |
VDIPX Vanguard Developed Markets Index Fund Institutional Plus Shares | 2.62% | 3.23% | 3.37% | 3.16% | 2.92% | 3.17% | 2.05% | 3.05% | 3.36% | 2.79% | 3.08% | 2.95% |
Frequently Asked Questions
VDIPX and VBMPX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VDIPX has higher volatility (4.87%) compared to VBMPX (1.32%). In terms of maximum drawdown, VDIPX dropped -35.61% vs VBMPX's -18.90%.
VDIPX currently has the higher Sharpe Ratio (2.15 vs 1.18), 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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