Vanguard Total Bond Market ETF (BND)
Vanguard Total Bond Market ETF Beta: 0.0178
View BND Beta with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
BND Beta Range, Past 5 Years
| Minimum | 0.0178 | Apr 2012 |
| Maximum | 0.0696 | Apr 2010 |
| Average | 0.0374 |
About Beta 60 Month
YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.
Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.
In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.
When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.
For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
Learn More
You may also be interested in these BND related companies
BND News
about 3 days ago by LearnBonds
about 3 days ago by LearnBonds
about 4 days ago by LearnBonds
May 23, 11:38AM Street Insider
about 10 days ago by myplaniq
about 11 days ago by Marketsneverlie
about 18 days ago by LearnBonds
about 20 days ago by myplaniq
about 21 days ago by myplaniq
about 27 days ago by scottsinvestments
about 34 days ago by LearnBonds
about 41 days ago by myplaniq
about 51 days ago by myplaniq
about 55 days ago by scottsinvestments
about 55 days ago by LearnBonds
about 58 days ago by LearnBonds
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BND | 84.03 | +0.10 | +0.12% | |
| BNCN | 7.89 | +0.16 | +2.07% | 71.88M |
| BNCL | 8.63 | +0.07 | +0.82% | 692.56M |
| BMY | 33.09 | +0.10 | +0.30% | 55.84B |
| BMTI | 2.43 | +0.02 | +0.83% | 68.36M |
| BMRN | 38.64 | +0.13 | +0.34% | 4.468B |
| BMJ | 0.93 | +0.00 | +0.00% | |
| BMI | 36.69 | -0.25 | -0.68% | 550.35M |
| BMC | 43.69 | +0.72 | +1.68% | 7.175B |
| BMA | 13.46 | -0.33 | -2.39% | 785.12M |
