VBND vs CNEQ

Comparison between VIDENT U.S. BOND STRATEGY ETF (VBND, ETF) and ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF).

VBND vs CNEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VBND(ETF)	CNEQ(ETF)
Net Assets	$506M	$503M
Expense Ratio	0.41%	0.56%
Max Drawdown	21.99%	27.58%
Sharpe Ratio	0.24	1.45
5Y Beta	0.04	1.44
P/E Ratio	N/A	42.98
Forward P/E	N/A	30.22
PEG Ratio	N/A	0.37
5Y Dividends CAGR	17.33%	N/A
5Y EPS CAGR	N/A	42.94%
P/S Ratio	N/A	3.99
P/B Ratio	N/A	8.68

Net Assets

Winner

VBND

$506M

CNEQ

$503M

Expense Ratio

Winner

VBND

0.41%

CNEQ

0.56%

Max Drawdown

Winner

VBND

21.99%

CNEQ

27.58%

Sharpe Ratio

VBND

0.24

Winner

CNEQ

1.45

5Y Beta

Winner

VBND

0.04

CNEQ

1.44

P/E Ratio

VBND

N/A

CNEQ

42.98

Forward P/E

VBND

N/A

CNEQ

30.22

PEG Ratio

VBND

N/A

CNEQ

0.37

5Y Dividends CAGR

VBND

17.33%

CNEQ

N/A

5Y EPS CAGR

VBND

N/A

CNEQ

42.94%

P/S Ratio

VBND

N/A

CNEQ

3.99

P/B Ratio

VBND

N/A

CNEQ

8.68

VBND vs CNEQ - Historical Returns

Returns include dividend reinvestment.

Period	VBND	CNEQ
1 month	+0.10%	+5.31%
3 months	-0.39%	+18.54%
6 months	+0.65%	+12.00%
1 year	+4.81%	+41.20%
5 years(CAGR)	+0.34%	N/A
10 years(CAGR)	+1.55%	N/A
Max(CAGR)	+1.62%	+36.30%

VBND

+0.10%

Winner

CNEQ

+5.31%

VBND

-0.39%

Winner

CNEQ

+18.54%

VBND

+0.65%

Winner

CNEQ

+12.00%

VBND

+4.81%

Winner

CNEQ

+41.20%

5Y(CAGR)

VBND

+0.34%

CNEQ

N/A

10Y(CAGR)

VBND

+1.55%

CNEQ

N/A

Max(CAGR)

VBND

+1.62%

Winner

CNEQ

+36.30%

VBND vs CNEQ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	VBND	CNEQ
2026	+0.45%	+12.99%
2025	+6.80%	+32.33%
2024	+1.82%	+28.84%
2023	+7.33%	N/A
2022	-13.63%	N/A
2021	-0.46%	N/A
2020	+5.06%	N/A
2019	+9.45%	N/A
2018	-0.79%	N/A
2017	+2.75%	N/A
2016	+2.13%	N/A
2015	-0.26%	N/A
2014	-0.37%	N/A

VBND vs CNEQ Drawdown Comparison

The maximum drawdown for VBND was -18.97%, occurring on Oct 24, 2022. Recovery took 1062 trading sessions.

The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The current VBND drawdown is -1.22%. The current CNEQ drawdown is -5.97%.

Rank	VBND	CNEQ
#1	-18.97% Aug 3, 2021 - Oct 24, 2025	-27.58% Feb 14, 2025 - Jun 6, 2025
#2	-12.08% Mar 6, 2020 - Jul 23, 2020	-19.31% Oct 29, 2025 - Apr 24, 2026
#3	-5.25% Sep 28, 2016 - Sep 5, 2017	-15.11% Jul 10, 2024 - Sep 25, 2024
#4	-4.92% Sep 8, 2017 - Mar 20, 2019	-7.66% Apr 11, 2024 - May 15, 2024
#5	-3.66% Jan 26, 2021 - Jul 15, 2021	-7.47% Jan 23, 2025 - Feb 14, 2025
#6	-2.97% Apr 17, 2015 - Feb 2, 2016	-5.97% Jun 2, 2026 - Jun 5, 2026
#7	-2.82% Feb 27, 2026 - Mar 27, 2026	-5.20% Oct 9, 2025 - Oct 28, 2025
#8	-2.01% Jan 30, 2015 - Apr 14, 2015	-4.68% Jan 6, 2025 - Jan 22, 2025
#9	-1.91% Sep 4, 2019 - Jan 3, 2020	-4.56% Dec 16, 2024 - Jan 6, 2025
#10	-1.80% Oct 24, 2025 - Feb 12, 2026	-4.25% Aug 12, 2025 - Sep 8, 2025
#11	-1.64% Aug 4, 2020 - Nov 27, 2020	-3.79% May 14, 2026 - May 21, 2026
#12	-1.39% Feb 11, 2016 - Mar 31, 2016	-3.42% Oct 29, 2024 - Nov 6, 2024
#13	-1.17% Sep 7, 2016 - Sep 28, 2016	-3.14% Jun 18, 2024 - Jul 3, 2024
#14	-1.12% Oct 16, 2014 - Jan 5, 2015	-2.88% Dec 6, 2024 - Dec 16, 2024
#15	-1.10% Apr 7, 2016 - Jun 3, 2016	-2.79% Nov 8, 2024 - Nov 19, 2024

Correlation

Correlation between VBND and CNEQ is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2014 - 2026)

VBND vs CNEQ dividend yield comparison.

Year	VBND	CNEQ
2026	1.68%	0.00%
2025	4.22%	0.52%
2024	4.41%	0.16%
2023	3.88%	0.00%
2022	2.55%	0.00%
2021	1.56%	0.00%
2020	1.98%	0.00%
2019	3.14%	0.00%
2018	2.82%	0.00%
2017	2.00%	0.00%
2016	3.12%	0.00%
2015	1.49%	0.00%
2014	0.11%	0.00%