WIP vs. BNDW
Compare and contrast key facts about SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) and Vanguard Total World Bond ETF (BNDW).
WIP and BNDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WIP is a passively managed fund by State Street that tracks the performance of the FTSE International Inflation-Linked Securities Select (USD). It was launched on Mar 13, 2008. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018. Both WIP and BNDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WIP or BNDW.
Key characteristics
| WIP | BNDW | |
|---|---|---|
| YTD Return | -5.83% | 2.65% |
| 1Y Return | 2.46% | 8.47% |
| 3Y Return (Ann) | -5.38% | -1.47% |
| 5Y Return (Ann) | -1.65% | 0.00% |
| Sharpe Ratio | 0.30 | 1.77 |
| Sortino Ratio | 0.52 | 2.65 |
| Omega Ratio | 1.06 | 1.31 |
| Calmar Ratio | 0.15 | 0.64 |
| Martin Ratio | 0.62 | 6.50 |
| Ulcer Index | 4.85% | 1.32% |
| Daily Std Dev | 9.98% | 4.87% |
| Max Drawdown | -29.59% | -17.22% |
| Current Drawdown | -17.46% | -6.15% |
Correlation
The correlation between WIP and BNDW is 0.50, 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.
Performance
WIP vs. BNDW - Performance Comparison
In the year-to-date period, WIP achieves a -5.83% return, which is significantly lower than BNDW's 2.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WIP vs. BNDW - Expense Ratio Comparison
WIP has a 0.50% expense ratio, which is higher than BNDW's 0.06% expense ratio.
Risk-Adjusted Performance
WIP vs. BNDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) and Vanguard Total World Bond ETF (BNDW). 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
WIP vs. BNDW - Dividend Comparison
WIP's dividend yield for the trailing twelve months is around 6.06%, more than BNDW's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 6.06% | 6.54% | 11.15% | 4.63% | 1.59% | 2.49% | 4.05% | 1.92% | 1.26% | 1.14% | 2.56% | 2.39% |
BNDW Vanguard Total World Bond ETF | 4.15% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WIP vs. BNDW - Drawdown Comparison
The maximum WIP drawdown since its inception was -29.59%, which is greater than BNDW's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for WIP and BNDW. For additional features, visit the drawdowns tool.
Volatility
WIP vs. BNDW - Volatility Comparison
SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) has a higher volatility of 2.26% compared to Vanguard Total World Bond ETF (BNDW) at 1.25%. This indicates that WIP's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.