VBF vs IEUS

Comparison between Invesco Bond Fund (VBF, ETF) and ISHARES MSCI EUROPE SMALL-CAP ETF (IEUS, ETF).

5-Year PerformanceIEUS has outperformed VBF, delivering a return of +2.9% compared to -1.2%

VBF vs IEUS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VBF(ETF)	IEUS(ETF)
Net Assets	$186M	$185M
Expense Ratio	N/A	0.41%
Max Drawdown	38.98%	63.29%
Sharpe Ratio	-0.28	0.57
5Y Beta	0.13	0.82
5Y Dividends CAGR	-10.00%	15.61%

Net Assets

Winner

VBF

$186M

IEUS

$185M

Expense Ratio

VBF

N/A

IEUS

0.41%

Max Drawdown

Winner

VBF

38.98%

IEUS

63.29%

Sharpe Ratio

VBF

-0.28

Winner

IEUS

0.57

5Y Beta

Winner

VBF

0.13

IEUS

0.82

5Y Dividends CAGR

VBF

-10.00%

Winner

IEUS

15.61%

VBF vs IEUS - Historical Returns

Returns include dividend reinvestment.

Period	VBF	IEUS
1 month	+0.38%	+0.85%
3 months	+0.59%	+7.98%
6 months	-0.29%	+8.72%
1 year	+0.93%	+11.62%
5 years(CAGR)	-1.16%	+2.91%
10 years(CAGR)	+2.89%	+8.16%
Max(CAGR)	+5.48%	+5.23%

VBF

+0.38%

Winner

IEUS

+0.85%

VBF

+0.59%

Winner

IEUS

+7.98%

VBF

-0.29%

Winner

IEUS

+8.72%

VBF

+0.93%

Winner

IEUS

+11.62%

5Y(CAGR)

VBF

-1.16%

Winner

IEUS

+2.91%

10Y(CAGR)

VBF

+2.89%

Winner

IEUS

+8.16%

Max(CAGR)

Winner

VBF

+5.48%

IEUS

+5.23%

VBF vs IEUS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VBF	IEUS
2026	-0.75%	+5.54%
2025	+5.12%	+32.60%
2024	+6.40%	+0.48%
2023	+0.21%	+15.88%
2022	-16.53%	-27.58%
2021	-2.37%	+14.12%
2020	+16.93%	+12.04%
2019	+29.67%	+29.83%
2018	-11.86%	-20.94%
2017	+12.93%	+34.92%
2016	+9.62%	+0.02%
2015	+0.30%	+11.00%
2014	+11.67%	-3.13%
2013	-11.85%	+24.70%
2012	+11.03%	+18.87%
2011	+20.34%	-19.49%
2010	+2.96%	+16.64%
2009	+18.90%	+40.90%
2008	+4.13%	-47.75%
2007	+1.60%	-0.03%
2006	+9.35%	N/A
2005	+0.49%	N/A
2004	+5.93%	N/A
2003	+3.25%	N/A
2002	+1.56%	N/A
2001	+17.05%	N/A
2000	+16.14%	N/A
1999	-4.56%	N/A

VBF vs IEUS Drawdown Comparison

The maximum drawdown for VBF was -32.21%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for IEUS was -62.11%, occurring on Mar 9, 2009. Recovery took 1447 trading sessions.

The current VBF drawdown is -11.52%. The current IEUS drawdown is -1.59%.

Rank	VBF	IEUS
#1	-32.21% Sep 15, 2021 - Oct 20, 2022	-62.11% Dec 10, 2007 - Sep 10, 2013
#2	-26.44% Jan 9, 2008 - Dec 22, 2008	-44.82% Sep 2, 2021 - Jun 27, 2025
#3	-24.84% Feb 6, 2020 - Jul 24, 2020	-44.21% Jan 26, 2018 - Nov 23, 2020
#4	-17.70% Sep 4, 2012 - Jan 22, 2015	-18.57% May 15, 2015 - Mar 16, 2017
#5	-14.06% Jul 3, 2003 - Feb 16, 2005	-17.73% Jul 3, 2014 - May 8, 2015
#6	-13.77% May 28, 2009 - Sep 2, 2009	-12.81% Feb 10, 2026 - Apr 17, 2026
#7	-13.44% Aug 17, 2010 - Sep 22, 2011	-7.69% Jul 23, 2025 - Dec 23, 2025
#8	-12.58% Feb 2, 2009 - Apr 21, 2009	-7.38% Jan 22, 2014 - Feb 28, 2014
#9	-12.08% Jan 2, 2018 - May 24, 2019	-6.90% Jun 8, 2021 - Aug 3, 2021
#10	-11.58% Dec 27, 2011 - May 21, 2012	-4.80% Apr 17, 2026 - May 26, 2026
#11	-11.01% Dec 31, 2020 - Sep 15, 2021	-4.27% Jan 8, 2021 - Feb 5, 2021
#12	-9.38% Apr 17, 2015 - Mar 17, 2016	-4.21% May 26, 2026 - Jun 10, 2026
#13	-8.64% Mar 10, 2010 - Jul 1, 2010	-3.66% Apr 9, 2014 - Jun 5, 2014
#14	-8.47% Nov 9, 1999 - Jul 6, 2000	-3.59% Oct 13, 2017 - Dec 18, 2017
#15	-8.09% Aug 7, 2001 - Sep 27, 2001	-3.58% Feb 16, 2021 - Mar 16, 2021

Correlation

Correlation between VBF and IEUS is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

VBF vs IEUS dividend yield comparison.

Year	VBF	IEUS
2026	2.24%	0.00%
2025	5.46%	3.19%
2024	5.51%	3.25%
2023	5.31%	2.97%
2022	4.60%	3.00%
2021	3.36%	2.63%
2020	6.89%	1.21%
2019	5.04%	4.03%
2018	5.40%	3.21%
2017	5.07%	2.13%
2016	4.56%	2.48%
2015	5.40%	2.06%
2014	7.53%	2.38%
2013	6.73%	2.50%
2012	7.10%	3.61%
2011	6.55%	3.13%
2010	5.39%	2.45%
2009	4.95%	2.33%
2008	7.09%	4.17%
2007	5.54%	0.20%
2006	5.42%	0.00%
2005	5.77%	0.00%
2004	5.93%	0.00%
2003	6.48%	0.00%
2002	6.91%	0.00%
2001	7.11%	0.00%
2000	3.90%	0.00%