VBND vs GVIP

Comparison between VIDENT U.S. BOND STRATEGY ETF (VBND, ETF) and GOLDMAN SACHS HEDGE INDUSTRY VIP ETF (GVIP, ETF).

5-Year PerformanceGVIP has outperformed VBND, delivering a return of +12.0% compared to +0.3%

VBND vs GVIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VBND(ETF)	GVIP(ETF)
Net Assets	$506M	$505M
Expense Ratio	0.41%	0.45%
Max Drawdown	21.99%	37.10%
Sharpe Ratio	0.24	1.35
5Y Beta	0.04	1.19
P/E Ratio	N/A	53.18
Forward P/E	N/A	22.21
5Y Dividends CAGR	17.33%	48.90%
5Y EPS CAGR	N/A	21.97%
P/S Ratio	N/A	3.80
P/B Ratio	N/A	6.28

Net Assets

Winner

VBND

$506M

GVIP

$505M

Expense Ratio

Winner

VBND

0.41%

GVIP

0.45%

Max Drawdown

Winner

VBND

21.99%

GVIP

37.10%

Sharpe Ratio

VBND

0.24

Winner

GVIP

1.35

5Y Beta

Winner

VBND

0.04

GVIP

1.19

P/E Ratio

VBND

N/A

GVIP

53.18

Forward P/E

VBND

N/A

GVIP

22.21

5Y Dividends CAGR

VBND

17.33%

Winner

GVIP

48.90%

5Y EPS CAGR

VBND

N/A

GVIP

21.97%

P/S Ratio

VBND

N/A

GVIP

3.80

P/B Ratio

VBND

N/A

GVIP

6.28

VBND vs GVIP - Historical Returns

Returns include dividend reinvestment.

Period	VBND	GVIP
1 month	+0.10%	+0.93%
3 months	-0.39%	+13.28%
6 months	+0.65%	+12.21%
1 year	+4.81%	+31.19%
5 years(CAGR)	+0.34%	+12.00%
10 years(CAGR)	+1.55%	+17.17%
Max(CAGR)	+1.62%	+17.17%

VBND

+0.10%

Winner

GVIP

+0.93%

VBND

-0.39%

Winner

GVIP

+13.28%

VBND

+0.65%

Winner

GVIP

+12.21%

VBND

+4.81%

Winner

GVIP

+31.19%

5Y(CAGR)

VBND

+0.34%

Winner

GVIP

+12.00%

10Y(CAGR)

VBND

+1.55%

Winner

GVIP

+17.17%

Max(CAGR)

VBND

+1.62%

Winner

GVIP

+17.17%

VBND vs GVIP - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	VBND	GVIP
2026	+0.45%	+10.71%
2025	+6.80%	+24.18%
2024	+1.82%	+31.42%
2023	+7.33%	+40.11%
2022	-13.63%	-32.35%
2021	-0.46%	+13.57%
2020	+5.06%	+42.47%
2019	+9.45%	+29.65%
2018	-0.79%	-8.03%
2017	+2.75%	+24.67%
2016	+2.13%	+7.97%
2015	-0.26%	N/A
2014	-0.37%	N/A

VBND vs GVIP Drawdown Comparison

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

The maximum drawdown for GVIP was -37.09%, occurring on Oct 14, 2022. Recovery took 573 trading sessions.

The current VBND drawdown is -1.22%. The current GVIP drawdown is -4.51%.

Rank	VBND	GVIP
#1	-18.97% Aug 3, 2021 - Oct 24, 2025	-37.09% Nov 16, 2021 - Feb 29, 2024
#2	-12.08% Mar 6, 2020 - Jul 23, 2020	-36.63% Feb 19, 2020 - Jul 20, 2020
#3	-5.25% Sep 28, 2016 - Sep 5, 2017	-23.29% Feb 14, 2025 - Jun 26, 2025
#4	-4.92% Sep 8, 2017 - Mar 20, 2019	-21.47% Sep 20, 2018 - Apr 10, 2019
#5	-3.66% Jan 26, 2021 - Jul 15, 2021	-13.67% Feb 2, 2026 - Apr 14, 2026
#6	-2.97% Apr 17, 2015 - Feb 2, 2016	-10.25% Jul 16, 2024 - Aug 19, 2024
#7	-2.82% Feb 27, 2026 - Mar 27, 2026	-9.91% Apr 30, 2019 - Jul 26, 2019
#8	-2.01% Jan 30, 2015 - Apr 14, 2015	-9.66% Jan 26, 2018 - Mar 12, 2018
#9	-1.91% Sep 4, 2019 - Jan 3, 2020	-9.55% Jul 26, 2019 - Nov 18, 2019
#10	-1.80% Oct 24, 2025 - Feb 12, 2026	-9.08% Mar 12, 2018 - Jun 18, 2018
#11	-1.64% Aug 4, 2020 - Nov 27, 2020	-8.76% Sep 2, 2020 - Oct 13, 2020
#12	-1.39% Feb 11, 2016 - Mar 31, 2016	-7.59% Oct 13, 2020 - Nov 5, 2020
#13	-1.17% Sep 7, 2016 - Sep 28, 2016	-7.24% Oct 29, 2025 - Dec 10, 2025
#14	-1.12% Oct 16, 2014 - Jan 5, 2015	-7.10% Feb 16, 2021 - Apr 9, 2021
#15	-1.10% Apr 7, 2016 - Jun 3, 2016	-7.04% Apr 29, 2021 - Jun 23, 2021

Correlation

Correlation between VBND and GVIP is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2014 - 2026)

VBND vs GVIP dividend yield comparison.

Year	VBND	GVIP
2026	1.68%	0.00%
2025	4.22%	0.34%
2024	4.41%	0.29%
2023	3.88%	0.77%
2022	2.55%	0.02%
2021	1.56%	0.00%
2020	1.98%	0.12%
2019	3.14%	0.77%
2018	2.82%	0.44%
2017	2.00%	0.45%
2016	3.12%	0.08%
2015	1.49%	0.00%
2014	0.11%	0.00%