What is VBND?

VBND tracks a multi-factor-weighted USD bond index that is based on sector tail risk, security valuation, and issuer corporate governance.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
VBND 1.21% 2.52% 2.81% -4.74% -1.15% 0.49% --
VBND (NAV) 1.31% 2.52% 2.48% -4.48% -1.45% 0.53% --
Vident Core U.S. Bond Index 1.21% 2.59% 2.80% -3.86% -0.68% 1.23% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

VBND Factset Analytics Insight

VBND uses a complex multi-factor selection and weighting scheme that differs vastly from a market value-weighted approach. The fund employs a top-down strategy to allocate across a broad range of sectors using a variety of factors, including relative valuation, sector default rates, and macro inputs. Corporate issuers of any credit rating are screened for good governance and creditworthiness. High-yield bonds are capped at 20% and TIPS sectors at 15%. Bonds are weighted within each sector using another set of factors: yield, duration yield, credit risk, etc. The fund lands in the intermediate maturity segment due to a duration target of three to seven years. Overall, the fund delivers alternative exposure to the broad intermediate bond market. The index is rebalanced monthly and reconstituted quarterly. On Jan. 6, 2016, VBND ceased tracking the Vident Core U.S. Bond Index and used a slightly different index thereafter. Prior to Dec. 31, 2022, the fund was named Vident Core U.S. Bond Strategy ETF.

VBND Summary Data

Vident
10/15/14
0.41%
$376.62M
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

VBND Portfolio Data

5.48
--
5.20%
N/A
--

VBND Index Data

Multi-Factor
Multi-Factor
N/A

VBND Portfolio Management

0.41%
-0.58%
-0.09%
-0.95%

VBND Tax Exposures

20.00% / 39.60%
0.06%
Ordinary income
No

VBND Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/28/23

This measurement shows how easy it is to trade a $1 million USD block of VBND. VBND is rated a N/A out of 5.

VBND Tradability

21,941
$952.68K
16,229
$705.58K
0.16%
$0.07
0.03%
0.94% / -0.38%
None
100.00%
100,000
0.16
0.01%
--
0
$43.48
N/A

VBND Sector/Industry Breakdown

VBND Segment
Benchmark
63.47% --
19.46% --
2.45% --
2.25% --
1.66% --
1.57% --
1.08% --
1.03% --
0.92% --
0.89% --

VBND Top 10 Holdings

4.52%
3.55%
3.40%
3.01%
2.89%
2.81%
2.80%
1.95%
1.89%
1.79%
28.61%

VBND Performance Statistics

--
--
--
--
--

VBND Top 5 Countries

VBND Segment
Benchmark
99.41% --
0.30% --
0.29% --

VBND Top 5 Currencies

VBND Segment
Benchmark
99.41% --
0.30% --
0.29% --

VBND Avg Life Maturity Distribution

0.84%
31.49%
18.64%
3.95%
4.45%
6.29%
5.64%
10.11%
18.60%

VBND OAS Breakdown

73.79%
6.95%
14.92%
3.75%
0.31%
0.28%
--
--
--
--
--

VBND Holdings Statistics

9.22 years
5.48
5.20%
6.07
--
--
0.70%