BIV vs QUAL

Comparison between VANGUARD INTERMEDIATE-TERM BOND INDEX FUND ETF SHARES (BIV, ETF) and ISHARES MSCI USA QUALITY FACTOR ETF (QUAL, ETF).

5-Year PerformanceQUAL has outperformed BIV, delivering a return of +12.4% compared to +0.5%

BIV vs QUAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BIV(ETF)	QUAL(ETF)
Net Assets	$52B	$50B
Expense Ratio	N/A	0.15%
Max Drawdown	25.30%	34.06%
Sharpe Ratio	0.35	1.52
5Y Beta	0.03	0.91
P/E Ratio	N/A	27.29
Forward P/E	N/A	23.19
PEG Ratio	N/A	0.86
5Y Dividends CAGR	3.55%	7.13%
5Y EPS CAGR	N/A	27.89%
Debt to Equity	N/A	58.35%
P/S Ratio	N/A	4.31
P/B Ratio	N/A	7.17

Net Assets

Winner

BIV

$52B

QUAL

$50B

Expense Ratio

BIV

N/A

QUAL

0.15%

Max Drawdown

Winner

BIV

25.30%

QUAL

34.06%

Sharpe Ratio

BIV

0.35

Winner

QUAL

1.52

5Y Beta

Winner

BIV

0.03

QUAL

0.91

P/E Ratio

BIV

N/A

QUAL

27.29

Forward P/E

BIV

N/A

QUAL

23.19

PEG Ratio

BIV

N/A

QUAL

0.86

5Y Dividends CAGR

BIV

3.55%

Winner

QUAL

7.13%

5Y EPS CAGR

BIV

N/A

QUAL

27.89%

Debt to Equity

BIV

N/A

QUAL

58.35%

P/S Ratio

BIV

N/A

QUAL

4.31

P/B Ratio

BIV

N/A

QUAL

7.17

BIV vs QUAL - Historical Returns

Returns include dividend reinvestment.

Period	BIV	QUAL
1 month	-0.63%	+4.54%
3 months	-1.21%	+5.03%
6 months	-0.02%	+7.35%
1 year	+5.54%	+20.49%
5 years(CAGR)	+0.45%	+12.42%
10 years(CAGR)	+1.95%	+14.10%
Max(CAGR)	+3.84%	+13.55%

BIV

-0.63%

Winner

QUAL

+4.54%

BIV

-1.21%

Winner

QUAL

+5.03%

BIV

-0.02%

Winner

QUAL

+7.35%

BIV

+5.54%

Winner

QUAL

+20.49%

5Y(CAGR)

BIV

+0.45%

Winner

QUAL

+12.42%

10Y(CAGR)

BIV

+1.95%

Winner

QUAL

+14.10%

Max(CAGR)

BIV

+3.84%

Winner

QUAL

+13.55%

BIV vs QUAL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BIV	QUAL
2026	-0.24%	+5.85%
2025	+8.48%	+12.95%
2024	+2.01%	+23.18%
2023	+5.52%	+31.26%
2022	-12.65%	-20.28%
2021	-2.39%	+28.99%
2020	+9.43%	+16.02%
2019	+10.08%	+33.96%
2018	+0.14%	-6.11%
2017	+3.73%	+21.39%
2016	+2.78%	+10.84%
2015	+0.81%	+5.47%
2014	+7.02%	+12.54%
2013	-3.49%	+13.45%
2012	+6.89%	N/A
2011	+11.22%	N/A
2010	+8.70%	N/A
2009	+5.49%	N/A
2008	+6.85%	N/A
2007	+6.32%	N/A

BIV vs QUAL Drawdown Comparison

The maximum drawdown for BIV was -18.95%, occurring on Oct 20, 2022. Recovery took 1387 trading sessions.

The maximum drawdown for QUAL was -34.06%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current BIV drawdown is -2.07%. The current QUAL drawdown is -0.09%.

Rank	BIV	QUAL
#1	-18.95% Aug 6, 2020 - Feb 13, 2026	-34.06% Feb 19, 2020 - Aug 12, 2020
#2	-13.63% Sep 15, 2008 - Dec 16, 2008	-28.22% Dec 29, 2021 - Dec 11, 2023
#3	-9.16% Mar 6, 2020 - May 22, 2020	-20.46% Sep 21, 2018 - Apr 5, 2019
#4	-7.66% May 1, 2013 - Aug 13, 2014	-18.00% Dec 4, 2024 - Jul 23, 2025
#5	-6.02% Nov 4, 2010 - Jun 1, 2011	-11.49% Jul 20, 2015 - Oct 28, 2015
#6	-5.93% Jul 8, 2016 - Sep 5, 2017	-11.20% Nov 3, 2015 - Apr 1, 2016
#7	-5.76% Dec 30, 2008 - Jul 8, 2009	-9.92% Jan 26, 2018 - Aug 20, 2018
#8	-5.05% Sep 7, 2017 - Jan 31, 2019	-9.03% Feb 25, 2026 - Apr 17, 2026
#9	-3.93% Mar 19, 2008 - Sep 15, 2008	-8.69% Sep 2, 2020 - Nov 9, 2020
#10	-3.59% Jan 30, 2015 - Feb 2, 2016	-7.63% Jul 16, 2024 - Aug 21, 2024
#11	-3.14% May 8, 2007 - Aug 17, 2007	-7.40% Aug 30, 2021 - Oct 29, 2021
#12	-2.87% Feb 27, 2026 - Mar 26, 2026	-6.92% Apr 23, 2019 - Jun 20, 2019
#13	-2.77% Sep 22, 2011 - Dec 16, 2011	-6.63% Sep 19, 2014 - Oct 30, 2014
#14	-2.74% Nov 30, 2009 - Mar 2, 2010	-6.58% Mar 21, 2024 - May 15, 2024
#15	-2.46% Sep 4, 2019 - Oct 4, 2019	-6.46% Jan 21, 2014 - Feb 26, 2014

Correlation

Correlation between BIV and QUAL is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2007 - 2026)

BIV vs QUAL dividend yield comparison.

Year	BIV	QUAL
2026	1.41%	0.20%
2025	4.01%	0.94%
2024	3.79%	1.02%
2023	3.09%	1.23%
2022	2.41%	1.59%
2021	3.42%	1.20%
2020	2.95%	1.39%
2019	2.75%	1.60%
2018	2.88%	2.00%
2017	2.69%	1.76%
2016	3.01%	1.96%
2015	3.02%	1.63%
2014	3.42%	1.35%
2013	4.22%	0.63%
2012	5.15%	0.00%
2011	5.17%	0.00%
2010	4.54%	0.00%
2009	4.39%	0.00%
2008	4.45%	0.00%
2007	3.09%	0.00%