VIOG vs. BND
VIOG (Vanguard S&P Small-Cap 600 Growth ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - VIOG is a Small Cap Growth Equities fund tracking the S&P SmallCap 600 Growth Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, VIOG returned 11.67%/yr vs 1.56%/yr for BND. At a correlation of -0.06, they often move in opposite directions. VIOG charges 0.15%/yr vs 0.03%/yr for BND.
Performance
VIOG vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, VIOG achieves a 21.22% return, which is significantly higher than BND's 0.49% return. Over the past 10 years, VIOG has outperformed BND with an annualized return of 11.67%, while BND has yielded a comparatively lower 1.56% annualized return.
VIOG
- 1D
- -0.43%
- 1M
- 5.48%
- YTD
- 21.22%
- 6M
- 17.74%
- 1Y
- 31.94%
- 3Y*
- 16.72%
- 5Y*
- 6.20%
- 10Y*
- 11.67%
BND
- 1D
- 0.11%
- 1M
- 0.64%
- YTD
- 0.49%
- 6M
- 0.57%
- 1Y
- 4.23%
- 3Y*
- 3.96%
- 5Y*
- 0.05%
- 10Y*
- 1.56%
VIOG vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIOG Vanguard S&P Small-Cap 600 Growth ETF | 21.22% | 5.40% | 9.23% | 16.92% | -21.14% | 22.49% | 19.68% | 21.16% | -4.57% | 14.70% |
BND Vanguard Total Bond Market ETF | 0.49% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between VIOG and BND is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | -0.06 |
The correlation between VIOG and BND shifts across timeframes, from -0.06 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VIOG vs. BND — Risk / Return Rank
VIOG
BND
VIOG vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 Growth ETF (VIOG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIOG | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.20 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 1.59 | +1.97 |
| Martin ratioReturn relative to average drawdown | 12.24 | 4.52 | +7.73 |
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Drawdowns
VIOG vs. BND - Drawdown Comparison
The maximum VIOG drawdown since its inception was -41.73%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for VIOG and BND.
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Drawdown Indicators
| VIOG | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.73% | -18.58% | -23.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.03% | -2.68% | -6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -27.35% | -5.92% | -21.43% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -17.91% | -11.24% |
Max Drawdown (10Y)Largest decline over 10 years | -41.73% | -18.58% | -23.15% |
Current DrawdownCurrent decline from peak | -0.43% | -2.15% | +1.72% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -3.06% | -4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.94% | +1.68% |
Volatility
VIOG vs. BND - Volatility Comparison
Vanguard S&P Small-Cap 600 Growth ETF (VIOG) has a higher volatility of 5.47% compared to Vanguard Total Bond Market ETF (BND) at 1.08%. This indicates that VIOG'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
| VIOG | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 1.08% | +4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 2.77% | +10.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.92% | 3.74% | +14.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.53% | 6.03% | +15.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.86% | 5.53% | +17.33% |
VIOG vs. BND - Expense Ratio Comparison
VIOG has a 0.15% 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%.
Dividends
VIOG vs. BND - Dividend Comparison
VIOG's dividend yield for the trailing twelve months is around 0.80%, less than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
VIOG Vanguard S&P Small-Cap 600 Growth ETF | 0.80% | 1.04% | 1.03% | 1.15% | 1.17% | 0.69% | 0.68% | 1.09% | 0.76% | 0.87% | 0.92% | 1.04% |
Frequently Asked Questions
VIOG and BND have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIOG has higher volatility (5.47%) compared to BND (1.08%). In terms of maximum drawdown, VIOG dropped -41.73% vs BND's -18.58%.
On 10-year performance, VIOG leads with 11.67% vs 1.56% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VIOG has performed better with a 11.67% return vs 1.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.15% for VIOG.
BND has the higher dividend yield at 3.96%, compared with 0.80% for VIOG.
VIOG is categorized as Small Cap Growth Equities, while BND is Total Bond Market. VIOG tracks S&P SmallCap 600 Growth Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. Their fees differ too: 0.15% for VIOG and 0.03% for BND.
VIOG currently has the higher Sharpe Ratio (1.79 vs 1.14), 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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