VPLS vs. HBB
VPLS (Vanguard Core-Plus Bond ETF) is Intermediate Core-Plus Bond fund actively managed by Vanguard, while HBB (Hamilton Beach Brands Holding Company) is a stock. Over the past year, VPLS returned 5.91% vs 4.40% for HBB. At a 0.14 correlation, their price movements are largely independent.
Performance
VPLS vs. HBB - Performance Comparison
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Returns By Period
In the year-to-date period, VPLS achieves a 0.64% return, which is significantly lower than HBB's 16.71% return.
VPLS
- 1D
- -0.21%
- 1M
- 0.35%
- YTD
- 0.64%
- 6M
- 0.57%
- 1Y
- 5.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HBB
- 1D
- -2.87%
- 1M
- -5.18%
- YTD
- 16.71%
- 6M
- 15.44%
- 1Y
- 4.40%
- 3Y*
- 29.56%
- 5Y*
- -1.84%
- 10Y*
- —
VPLS vs. HBB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VPLS Vanguard Core-Plus Bond ETF | 0.64% | 7.86% | 2.72% | 2.82% |
HBB Hamilton Beach Brands Holding Company | 16.71% | 0.52% | -1.60% | 10.56% |
Correlation
The correlation between VPLS and HBB is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023 | 0.14 |
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Return for Risk
VPLS vs. HBB — Risk / Return Rank
VPLS
HBB
VPLS vs. HBB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond ETF (VPLS) and Hamilton Beach Brands Holding Company (HBB). 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.
| VPLS | HBB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.06 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 0.13 | +2.06 |
| Martin ratioReturn relative to average drawdown | 7.10 | 0.24 | +6.86 |
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
| VPLS | HBB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 0.08 | +1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | -0.05 | +1.29 |
Drawdowns
VPLS vs. HBB - Drawdown Comparison
The maximum VPLS drawdown since its inception was -4.17%, smaller than the maximum HBB drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for VPLS and HBB.
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Drawdown Indicators
| VPLS | HBB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.17% | -81.89% | +77.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -34.70% | +31.98% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.28% | — |
Current DrawdownCurrent decline from peak | -1.21% | -41.07% | +39.86% |
Average DrawdownAverage peak-to-trough decline | -1.01% | -50.64% | +49.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 18.19% | -17.36% |
Volatility
VPLS vs. HBB - Volatility Comparison
The current volatility for Vanguard Core-Plus Bond ETF (VPLS) is 1.27%, while Hamilton Beach Brands Holding Company (HBB) has a volatility of 17.44%. This indicates that VPLS experiences smaller price fluctuations and is considered to be less risky than HBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VPLS | HBB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 17.44% | -16.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 38.47% | -35.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 53.47% | -49.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.61% | 54.09% | -49.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.61% | 58.08% | -53.47% |
Dividends
VPLS vs. HBB - Dividend Comparison
VPLS's dividend yield for the trailing twelve months is around 4.76%, more than HBB's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HBB Hamilton Beach Brands Holding Company | 2.56% | 2.89% | 2.70% | 2.49% | 3.35% | 2.75% | 2.11% | 1.86% | 1.45% | 0.33% |
VPLS Vanguard Core-Plus Bond ETF | 4.76% | 4.78% | 4.52% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VPLS and HBB have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBB has higher volatility (17.44%) compared to VPLS (1.27%). In terms of maximum drawdown, VPLS dropped -4.17% vs HBB's -81.89%.
VPLS currently has the higher Sharpe Ratio (1.63 vs 0.08), 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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