VTEAX vs. BND
Compare and contrast key facts about Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX) and Vanguard Total Bond Market ETF (BND).
VTEAX is managed by Vanguard. It was launched on Aug 25, 2015. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTEAX or BND.
Correlation
The correlation between VTEAX and BND is -0.04. 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
VTEAX vs. BND - Performance Comparison
Key characteristics
VTEAX:
0.11
BND:
1.30
VTEAX:
0.18
BND:
1.89
VTEAX:
1.03
BND:
1.23
VTEAX:
0.10
BND:
0.51
VTEAX:
0.40
BND:
3.35
VTEAX:
1.39%
BND:
2.05%
VTEAX:
4.95%
BND:
5.31%
VTEAX:
-12.74%
BND:
-18.84%
VTEAX:
-3.63%
BND:
-7.18%
Returns By Period
In the year-to-date period, VTEAX achieves a -2.06% return, which is significantly lower than BND's 2.40% return.
VTEAX
-2.06%
-1.65%
-1.35%
0.60%
0.84%
N/A
BND
2.40%
0.12%
1.40%
6.96%
-0.91%
1.37%
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VTEAX vs. BND - Expense Ratio Comparison
VTEAX has a 0.09% 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
VTEAX vs. BND — Risk-Adjusted Performance Rank
VTEAX
BND
VTEAX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX) 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
VTEAX vs. BND - Dividend Comparison
VTEAX's dividend yield for the trailing twelve months is around 3.23%, less than BND's 3.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTEAX Vanguard Tax-Exempt Bond Index Fund Admiral Shares | 3.23% | 3.11% | 2.75% | 2.06% | 1.61% | 1.97% | 2.28% | 2.24% | 1.95% | 1.67% | 0.59% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.70% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
VTEAX vs. BND - Drawdown Comparison
The maximum VTEAX drawdown since its inception was -12.74%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VTEAX and BND. For additional features, visit the drawdowns tool.
Volatility
VTEAX vs. BND - Volatility Comparison
Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX) has a higher volatility of 3.88% compared to Vanguard Total Bond Market ETF (BND) at 2.18%. This indicates that VTEAX'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.