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VPLS vs. BYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VPLS vs. BYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Core-Plus Bond ETF (VPLS) and iShares Yield Optimized Bond ETF (BYLD). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.46%
3.67%
VPLS
BYLD

Returns By Period

In the year-to-date period, VPLS achieves a 2.81% return, which is significantly lower than BYLD's 4.32% return.


VPLS

YTD

2.81%

1M

-1.49%

6M

3.35%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

BYLD

YTD

4.32%

1M

-0.64%

6M

3.71%

1Y

9.01%

5Y (annualized)

1.14%

10Y (annualized)

2.51%

Key characteristics


VPLSBYLD
Daily Std Dev5.15%4.60%
Max Drawdown-3.08%-14.75%
Current Drawdown-3.05%-1.55%

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VPLS vs. BYLD - Expense Ratio Comparison

Both VPLS and BYLD have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VPLS
Vanguard Core-Plus Bond ETF
Expense ratio chart for VPLS: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for BYLD: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.9

The correlation between VPLS and BYLD is 0.87, 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.

Risk-Adjusted Performance

VPLS vs. BYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond ETF (VPLS) and iShares Yield Optimized Bond ETF (BYLD). 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.


Sharpe ratio
No data
VPLS
BYLD

Chart placeholderNot enough data

Dividends

VPLS vs. BYLD - Dividend Comparison

VPLS's dividend yield for the trailing twelve months is around 3.86%, less than BYLD's 5.15% yield.


TTM2023202220212020201920182017201620152014
VPLS
Vanguard Core-Plus Bond ETF
3.86%0.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BYLD
iShares Yield Optimized Bond ETF
5.15%4.81%3.39%2.18%3.41%3.68%4.22%3.22%3.14%3.36%2.12%

Drawdowns

VPLS vs. BYLD - Drawdown Comparison

The maximum VPLS drawdown since its inception was -3.08%, smaller than the maximum BYLD drawdown of -14.75%. Use the drawdown chart below to compare losses from any high point for VPLS and BYLD. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.05%
-1.55%
VPLS
BYLD

Volatility

VPLS vs. BYLD - Volatility Comparison

Vanguard Core-Plus Bond ETF (VPLS) has a higher volatility of 1.42% compared to iShares Yield Optimized Bond ETF (BYLD) at 1.30%. This indicates that VPLS's price experiences larger fluctuations and is considered to be riskier than BYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%JuneJulyAugustSeptemberOctoberNovember
1.42%
1.30%
VPLS
BYLD