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BNDY vs VCRM

Horizon Core Bond ETF vs Vanguard Core Tax-Exempt Bond ETF

BNDY

Horizon Core Bond ETF

Horizon Investments

Annual cost

0.66%

Fund size

$186M

VCRM

Vanguard Core Tax-Exempt Bond ETF

Vanguard

Annual cost

0.12%

Fund size

$1.3B

Key differences

  • VCRM costs 0.54% less per year.
  • VCRM is significantly larger than BNDY — larger funds tend to be more liquid and less likely to close.
  • BNDY is classified as alternative, while VCRM is fixed income — different risk/return profiles.
  • BNDY follows a option income strategy; VCRM uses index tracking.

Side-by-side comparison

BNDYVCRM
Annual cost (TER)0.66%0.12%
Fund size (AUM)$186M$1.3B
Since20252024
Dividend yield3.56%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1YN/A+7.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.05%
Max drawdown-3.93%-4.12%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BNDY and VCRM