Vanguard Intermediate-Term Bond Index Fund ETF Shares

10-Year Study

BIV.US · · US · ETF

Executive Summary: Vanguard Intermediate-Term Bond Index Fund ETF Shares has compounded at 2.0% annually over the last 10 years, with a maximum drawdown of 17.6% and an annualized volatility of 6.7%.

1Y CAGR
+4.8%
3Y CAGR
+4.2%
5Y CAGR
+0.3%
10Y CAGR
+2.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
17.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.41
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.61
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
5.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +10.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -13.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-0.01.5-2.40.5————————-0.4%
20250.62.20.30.9-0.51.6-0.21.50.70.51.0-0.48.5%
20240.0-1.60.9-2.51.91.02.61.51.4-2.91.1-1.61.6%
20233.4-3.03.40.8-1.2-0.8-0.1-0.5-2.5-1.54.73.76.1%
2022-2.1-0.9-3.4-3.90.8-1.63.0-3.5-4.3-0.73.7-0.9-13.2%
2021-0.7-1.8-1.60.90.60.71.4-0.3-1.3-0.50.3-0.1-2.4%
20202.51.9-1.62.41.41.11.3-0.4-0.0-0.71.20.29.7%
20191.6-0.12.20.12.11.50.13.1-0.70.3-0.2-0.110.3%
2018-1.5-1.00.5-1.00.80.00.10.8-0.7-0.50.52.0-0.2%
20170.30.7-0.01.20.8-0.20.61.1-0.90.0-0.30.23.7%
2016———0.3-0.22.60.5-0.50.2-1.0-3.30.2-1.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 6.7%. The dominant macroeconomic risk driver is LQD.US, accounting for 58.2% of variance. Idiosyncratic stock-specific factors contribute 3.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110029.669144090145
2016-05-0110009.511161024115
2016-06-0110273.221113200167
2016-07-0110325.414200810104
2016-08-0110272.132771391436
2016-09-0110288.694494567753
2016-10-0110190.365178109501
2016-11-019854.351474466555
2016-12-019871.89112796376
2017-01-019903.973551716741
2017-02-019977.633787177125
2017-03-019977.207914295448
2017-04-0110092.587919090462
2017-05-0110176.264053805095
2017-06-0110152.71486075534
2017-07-0110217.49485797928
2017-08-0110326.502542618833
2017-09-0110234.119673434365
2017-10-0110235.413065149087
2017-11-0110208.220293000542
2017-12-0110232.43195497735
2018-01-0110074.969400244798
2018-02-019971.892389809334
2018-03-0110024.747946346326
2018-04-019920.976920844427
2018-05-019996.056732577068
2018-06-019998.138777776376
2018-07-0110004.46377872276
2018-08-0110080.537293845979
2018-09-0110012.255675150474
2018-10-019963.027924642582
2018-11-0110013.202059331978
2018-12-0110213.56736362604
2019-01-0110378.159345859254
2019-02-0110369.089830786508
2019-03-0110597.515426062158
2019-04-0110609.502959027874
2019-05-0110834.994763340861
2019-06-0111001.006321846335
2019-07-0111009.665737107092
2019-08-0111351.341972769373
2019-09-0111269.637471766206
2019-10-0111308.707365392624
2019-11-0111281.451500965311
2019-12-0111269.59015255713
2020-01-0111552.559022826787
2020-02-0111774.943532410502
2020-03-0111592.102108543955
2020-04-0111872.231826269102
2020-05-0112036.145566505571
2020-06-0112168.339663591969
2020-07-0112326.922106272636
2020-08-0112273.388307738896
2020-09-0112273.151711693525
2020-10-0112189.964542139332
2020-11-0112333.909576146072
2020-12-0112359.020303095307
2021-01-0112268.498656134463
2021-02-0112042.360155964114
2021-03-0111848.43026410428
2021-04-0111959.914320685433
2021-05-0112026.255851808855
2021-06-0112114.837411197619
2021-07-0112290.312811518126
2021-08-0112258.54584915898
2021-09-0112101.935040189783
2021-10-0112039.347499652993
2021-11-0112078.874812300472
2021-12-0112061.871443172784
2022-01-0111807.199459930094
2022-02-0111704.974195257984
2022-03-0111309.527565016593
2022-04-0110866.241214400181
2022-05-0110957.425330288079
2022-06-0110783.022498706609
2022-07-0111111.670178803519
2022-08-0110723.905033501998
2022-09-0110261.407084001059
2022-10-0110188.31467904958
2022-11-0110562.846218879733
2022-12-0110468.791404307942
2023-01-0110823.74856465066
2023-02-0110501.094651036607
2023-03-0110858.086537369556
2023-04-0110941.415664550974
2023-05-0110805.341392320406
2023-06-0110723.053287738647
2023-07-0110716.176229353052
2023-08-0110659.251220835595
2023-09-0110390.05224040682
2023-10-0110233.78843897084
2023-11-0110711.680904490908
2023-12-0111104.241062978712
2024-01-0111108.610203283322
2024-02-0110930.059054372925
2024-03-0111025.31262224129
2024-04-0110747.50154576083
2024-05-0110947.283246476296
2024-06-0111054.792489495136
2024-07-0111344.117906850559
2024-08-0111513.67840603667
2024-09-0111677.986473015431
2024-10-0111344.070587641487
2024-11-0111467.999596209414
2024-12-0111279.259044278162
2025-01-0111348.69209706116
2025-02-0111599.042259208318
2025-03-0111631.377052076368
2025-04-0111739.706494719176
2025-05-0111685.100127446403
2025-06-0111868.588247170313
2025-07-0111839.029514568007
2025-08-0112020.577546719833
2025-09-0112107.013968630517
2025-10-0112170.800262463881
2025-11-0112287.757574228066
2025-12-0112240.864238034548
2026-01-0112239.302704135067
2026-02-0112425.803480170096
2026-03-0112129.395954523086
2026-04-0112195.737485646505
Annual Return Matrix
YearAnnual Return
20170.036521961429689886
2018-0.0018436077986457855
20190.10339411797409226
20200.09666989977368234
2021-0.0240430756350567
2022-0.13207569375700423
20230.06069942881938428
20240.0157613636363636
20250.08525428753621878
2026-0.003686565875620662
Total Factor Risk
0.06720697654181144
VTI.US Exposure
-0.015033447642899942
VEA.US Exposure
0.014901291450510196
VWO.US Exposure
-0.008063255442196694
QQQ.US Exposure
0.006690881986183274
VTV.US Exposure
0.0067363591552517775
IJR.US Exposure
0.0006028678603128973
QUAL.US Exposure
-0.025008822327964565
SHV.US Exposure
0.2266814505509511
TLT.US Exposure
0.007520818607582372
LQD.US Exposure
0.5820304979126126
HYG.US Exposure
-0.017878317890033597
GLD.US Exposure
0.012798918164403372
USO.US Exposure
0.014795906005586857
VNQ.US Exposure
-0.013263928124915671
BTC-USD.CC Exposure
0.000314603502869509
CPER.US Exposure
-0.009626018025838342
VIX.INDX Exposure
-0.0007691177012807303
UUP.US Exposure
0.010662727519838662
TIP.US Exposure
0.17469809606936096
Idiosyncratic Exposure
0.031208488369665978
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
6.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$84
Avg Yield on Cost
0.84%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$83.920.84%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.04
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Vanguard Intermediate-Term Bond Index Fund ETF Shares a high-risk investment?

Vanguard Intermediate-Term Bond Index Fund ETF Shares (BIV.US) has an annualized volatility of 6.7% and experienced a maximum drawdown of 17.6% over the last 10 years. Its primary macro risk driver is LQD.US.

What is the 10-year return of BIV.US?

Over the past 10 years, BIV.US has generated a Compound Annual Growth Rate (CAGR) of 2.0%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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