VPL vs. BND
Compare and contrast key facts about Vanguard FTSE Pacific ETF (VPL) and Vanguard Total Bond Market ETF (BND).
VPL and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VPL is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Asia Pacific Index. It was launched on Mar 4, 2005. 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. Both VPL and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPL or BND.
Key characteristics
| VPL | BND | |
|---|---|---|
| YTD Return | 2.17% | -2.71% |
| 1Y Return | 11.12% | -1.02% |
| 3Y Return (Ann) | -0.63% | -3.45% |
| 5Y Return (Ann) | 4.93% | -0.10% |
| 10Y Return (Ann) | 4.98% | 1.16% |
| Sharpe Ratio | 0.81 | -0.07 |
| Daily Std Dev | 13.57% | 6.73% |
| Max Drawdown | -55.49% | -18.84% |
| Current Drawdown | -6.66% | -13.01% |
Correlation
The correlation between VPL and BND is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VPL vs. BND - Performance Comparison
In the year-to-date period, VPL achieves a 2.17% return, which is significantly higher than BND's -2.71% return. Over the past 10 years, VPL has outperformed BND with an annualized return of 4.98%, while BND has yielded a comparatively lower 1.16% annualized 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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VPL vs. BND - Expense Ratio Comparison
VPL has a 0.08% 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%.
Risk-Adjusted Performance
VPL vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Pacific ETF (VPL) 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
VPL vs. BND - Dividend Comparison
VPL's dividend yield for the trailing twelve months is around 3.25%, less than BND's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPL Vanguard FTSE Pacific ETF | 3.25% | 3.12% | 2.75% | 3.19% | 1.81% | 2.84% | 3.06% | 2.57% | 2.65% | 2.43% | 2.69% | 2.49% |
BND Vanguard Total Bond Market ETF | 3.10% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
VPL vs. BND - Drawdown Comparison
The maximum VPL drawdown since its inception was -55.49%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VPL and BND. For additional features, visit the drawdowns tool.
Volatility
VPL vs. BND - Volatility Comparison
Vanguard FTSE Pacific ETF (VPL) has a higher volatility of 4.17% compared to Vanguard Total Bond Market ETF (BND) at 1.86%. This indicates that VPL'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.