VICBX vs. BND
Compare and contrast key facts about Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX) and Vanguard Total Bond Market ETF (BND).
VICBX is managed by Vanguard. It was launched on Nov 19, 2009. BND is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It was launched on Apr 3, 2007.
Performance
VICBX vs. BND - Performance Comparison
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VICBX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VICBX Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares | -0.51% | 9.37% | 3.67% | 8.87% | -14.06% | -1.50% | 9.57% | 15.96% | -1.72% | 5.50% |
BND Vanguard Total Bond Market ETF | 0.09% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Returns By Period
In the year-to-date period, VICBX achieves a -0.51% return, which is significantly lower than BND's 0.09% return. Over the past 10 years, VICBX has outperformed BND with an annualized return of 3.32%, while BND has yielded a comparatively lower 1.68% annualized return.
VICBX
- 1D
- 0.40%
- 1M
- -1.61%
- YTD
- -0.51%
- 6M
- 0.38%
- 1Y
- 5.77%
- 3Y*
- 5.75%
- 5Y*
- 1.52%
- 10Y*
- 3.32%
BND
- 1D
- 0.04%
- 1M
- -1.30%
- YTD
- 0.09%
- 6M
- 0.74%
- 1Y
- 3.96%
- 3Y*
- 3.60%
- 5Y*
- 0.25%
- 10Y*
- 1.68%
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VICBX vs. BND - Expense Ratio Comparison
VICBX 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%.
Return for Risk
VICBX vs. BND — Risk / Return Rank
VICBX
BND
VICBX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX) 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.
| VICBX | BND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 0.93 | +0.45 |
Sortino ratioReturn per unit of downside risk | 1.95 | 1.32 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.16 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.01 | 1.75 | +0.26 |
Martin ratioReturn relative to average drawdown | 7.38 | 4.78 | +2.60 |
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
| VICBX | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 0.93 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.04 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.30 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.59 | +0.29 |
Correlation
The correlation between VICBX and BND is 0.91, 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.
Dividends
VICBX vs. BND - Dividend Comparison
VICBX's dividend yield for the trailing twelve months is around 4.32%, more than BND's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VICBX Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares | 4.32% | 4.61% | 4.79% | 3.72% | 3.02% | 2.82% | 2.79% | 5.01% | 3.64% | 3.23% | 3.32% | 3.39% |
BND Vanguard Total Bond Market ETF | 3.93% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Drawdowns
VICBX vs. BND - Drawdown Comparison
The maximum VICBX drawdown since its inception was -20.55%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for VICBX and BND.
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Drawdown Indicators
| VICBX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.55% | -18.58% | -1.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -2.44% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | -17.91% | -2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -20.55% | -18.58% | -1.97% |
Current DrawdownCurrent decline from peak | -2.02% | -2.54% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -3.07% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 0.90% | -0.06% |
Volatility
VICBX vs. BND - Volatility Comparison
Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX) has a higher volatility of 1.82% compared to Vanguard Total Bond Market ETF (BND) at 1.63%. This indicates that VICBX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VICBX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 1.63% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 2.52% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.39% | 4.30% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.14% | 6.00% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.33% | 5.52% | -0.19% |