VTIPX vs. BND
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Total Bond Market ETF (BND).
VTIPX is managed by Vanguard. It was launched on Oct 16, 2012. BND is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It was launched on Apr 3, 2007.
Performance
VTIPX vs. BND - Performance Comparison
Loading graphics...
VTIPX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 0.93% | 5.96% | 4.65% | 4.51% | -2.93% | 5.21% | 4.85% | 4.74% | 0.49% | 0.72% |
BND Vanguard Total Bond Market ETF | 0.05% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Returns By Period
In the year-to-date period, VTIPX achieves a 0.93% return, which is significantly higher than BND's 0.05% return. Over the past 10 years, VTIPX has outperformed BND with an annualized return of 2.97%, while BND has yielded a comparatively lower 1.67% annualized return.
VTIPX
- 1D
- 0.28%
- 1M
- 0.04%
- YTD
- 0.93%
- 6M
- 1.25%
- 1Y
- 3.76%
- 3Y*
- 4.58%
- 5Y*
- 3.40%
- 10Y*
- 2.97%
BND
- 1D
- 0.22%
- 1M
- -1.74%
- YTD
- 0.05%
- 6M
- 0.95%
- 1Y
- 4.24%
- 3Y*
- 3.59%
- 5Y*
- 0.24%
- 10Y*
- 1.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTIPX vs. BND - Expense Ratio Comparison
VTIPX has a 0.14% 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%.
Return for Risk
VTIPX vs. BND — Risk / Return Rank
VTIPX
BND
VTIPX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) 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.
| VTIPX | BND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.19 | 0.99 | +1.20 |
Sortino ratioReturn per unit of downside risk | 3.29 | 1.41 | +1.89 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.18 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 4.39 | 1.81 | +2.58 |
Martin ratioReturn relative to average drawdown | 14.13 | 4.98 | +9.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VTIPX | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 0.99 | +1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.28 | 0.04 | +1.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.34 | 0.30 | +1.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.59 | +0.42 |
Correlation
The correlation between VTIPX and BND is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VTIPX vs. BND - Dividend Comparison
VTIPX's dividend yield for the trailing twelve months is around 3.50%, less than BND's 3.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 3.50% | 3.70% | 2.60% | 2.76% | 6.74% | 4.59% | 1.11% | 1.88% | 2.37% | 1.50% | 0.55% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.91% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Drawdowns
VTIPX vs. BND - Drawdown Comparison
The maximum VTIPX drawdown since its inception was -5.36%, smaller than the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for VTIPX and BND.
Loading graphics...
Drawdown Indicators
| VTIPX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.36% | -18.58% | +13.22% |
Max Drawdown (1Y)Largest decline over 1 year | -0.95% | -2.44% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -5.36% | -17.91% | +12.55% |
Max Drawdown (10Y)Largest decline over 10 years | -5.36% | -18.58% | +13.22% |
Current DrawdownCurrent decline from peak | -0.32% | -2.58% | +2.26% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -3.07% | +1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | 0.89% | -0.59% |
Volatility
VTIPX vs. BND - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) is 0.62%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.63%. This indicates that VTIPX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VTIPX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 1.63% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 0.96% | 2.52% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.81% | 4.30% | -2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.66% | 6.00% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.22% | 5.52% | -3.30% |