Correlation
The correlation between WBND and VYM is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
WBND vs. VYM
Compare and contrast key facts about Western Asset Total Return ETF (WBND) and Vanguard High Dividend Yield ETF (VYM).
WBND and VYM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBND is an actively managed fund by Franklin Templeton. It was launched on Oct 3, 2018. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WBND or VYM.
Performance
WBND vs. VYM - Performance Comparison
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Key characteristics
WBND:
0.82
VYM:
0.78
WBND:
1.06
VYM:
1.13
WBND:
1.13
VYM:
1.16
WBND:
0.21
VYM:
0.83
WBND:
1.60
VYM:
3.18
WBND:
2.92%
VYM:
3.76%
WBND:
6.42%
VYM:
16.15%
WBND:
-29.22%
VYM:
-56.98%
WBND:
-17.32%
VYM:
-3.84%
Returns By Period
In the year-to-date period, WBND achieves a 3.01% return, which is significantly higher than VYM's 1.79% return.
WBND
3.01%
-0.08%
0.04%
4.68%
0.30%
-2.41%
N/A
VYM
1.79%
4.08%
-2.87%
10.73%
8.34%
13.46%
9.76%
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WBND vs. VYM - Expense Ratio Comparison
WBND has a 0.47% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
WBND vs. VYM — Risk-Adjusted Performance Rank
WBND
VYM
WBND vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Total Return ETF (WBND) and Vanguard High Dividend Yield ETF (VYM). 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.
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Dividends
WBND vs. VYM - Dividend Comparison
WBND's dividend yield for the trailing twelve months is around 4.40%, more than VYM's 2.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WBND Western Asset Total Return ETF | 4.40% | 5.05% | 3.16% | 2.91% | 4.34% | 4.85% | 5.75% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.86% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% |
Drawdowns
WBND vs. VYM - Drawdown Comparison
The maximum WBND drawdown since its inception was -29.22%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for WBND and VYM.
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Volatility
WBND vs. VYM - Volatility Comparison
The current volatility for Western Asset Total Return ETF (WBND) is 1.72%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 4.33%. This indicates that WBND experiences smaller price fluctuations and is considered to be less risky than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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