Vanguard Total Bond Market (BND): Rolling Returns

Simulation Settings
Category:
Period: January 1871 - May 2025 (~154 years)
Initial Amount: 1$
Currency: USD
Inflation: US
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When holding the Vanguard Total Bond Market (BND) ETF, how long should you stay invested to have high probability to achieve a positive return?

Over the selected period (~154 years), the longest duration with a negative return was 90 months (from May 2016 to October 2023).

This indicates that, within the same timeframe, any rolling period of 91 months or more has consistently resulted in a positive return.

Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.

Previous vs subsequent Returns

Is there a correlation between past and future returns over all 10-year rolling periods?

The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).

Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.

VANGUARD TOTAL BOND MARKET (BND) ETF
Previous vs Next Returns - 10 Years annualized
Time Period: 1 June 1995 - 31 May 2025 (30 Years)
Time Period: 1 January 1871 - 31 May 2025 (~154 years)
30 Years
(1995/06 - 2025/05)
All Data
(1871/01 - 2025/05)

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As of May 31, 2025, the annualized return of the previous 10 years has been 1.48%.

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

VANGUARD TOTAL BOND MARKET (BND) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Time Period: 1 June 1995 - 31 May 2025 (30 Years)
Time Period: 1 January 1871 - 31 May 2025 (~154 years)
30 Years
(1995/06 - 2025/05)
All Data
(1871/01 - 2025/05)
US Inflation Adjusted:

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Rolling Period Analysis

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.

VANGUARD TOTAL BOND MARKET (BND) ETF
Rolling Returns Chart
Rolling Returns Chart - Inflation Adjusted
Time Period: 1 January 1871 - 31 May 2025 (~154 years)
Over Time
Histogram
US Inflation Adjusted:

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Swipe left to see all data
Worst Median Best Negative Periods
-15.59%
Nov 2021 - Oct 2022
+4.10% +34.57%
Oct 1981 - Sep 1982
13.63%
251 out of 1842
-21.67%
Nov 2021 - Oct 2022
+2.25% +30.24%
Jun 1877 - May 1878
35.88%
661 out of 1842
-8.32%
Nov 2020 - Oct 2022
+3.81% +25.05%
Jul 1984 - Jun 1986
4.10%
75 out of 1830
-16.26%
Jul 1918 - Jun 1920
+2.33% +23.31%
Jul 1920 - Jun 1922
30.05%
550 out of 1830
-5.59%
Nov 2020 - Oct 2023
+3.80% +19.06%
Jul 1982 - Jun 1985
2.42%
44 out of 1818
-13.89%
Feb 1917 - Jan 1920
+2.46% +17.38%
Aug 1873 - Jul 1876
27.34%
497 out of 1818
-2.78%
Nov 2019 - Oct 2023
+3.89% +19.58%
Apr 1982 - Mar 1986
1.66%
30 out of 1806
-14.62%
Jun 1916 - May 1920
+1.98% +16.47%
Aug 1874 - Jul 1878
27.24%
492 out of 1806
-0.99%
Jun 2020 - May 2025
+3.91% +20.18%
Sep 1981 - Aug 1986
0.95%
17 out of 1794
-12.11%
Jul 1915 - Jun 1920
+2.04% +16.54%
Nov 1873 - Oct 1878
27.37%
491 out of 1794
-0.40%
Nov 2017 - Oct 2023
+3.88% +16.84%
Apr 1980 - Mar 1986
0.22%
4 out of 1782
-9.56%
Jul 1914 - Jun 1920
+2.14% +15.49%
May 1873 - Apr 1879
27.10%
483 out of 1782
-0.23%
Nov 2016 - Oct 2023
+3.92% +15.97%
Mar 1980 - Feb 1987
0.11%
2 out of 1770
-7.81%
Jul 1913 - Jun 1920
+2.11% +13.72%
Jun 1872 - May 1879
25.82%
457 out of 1770
+0.33%
Nov 2015 - Oct 2023
+3.95% +14.66%
Sep 1981 - Aug 1989
0.00%
0 out of 1758
-6.73%
Jul 1912 - Jun 1920
+2.03% +11.56%
Apr 1871 - Mar 1879
25.94%
456 out of 1758
+0.51%
Nov 2014 - Oct 2023
+4.01% +13.79%
Sep 1981 - Aug 1990
0.00%
0 out of 1746
-6.66%
Jul 1911 - Jun 1920
+2.04% +9.84%
Jun 1872 - May 1881
26.23%
458 out of 1746
+0.65%
Nov 2012 - Oct 2022
+3.99% +13.97%
Oct 1981 - Sep 1991
0.00%
0 out of 1734
-4.36%
Jul 1910 - Jun 1920
+1.84% +9.65%
Oct 1981 - Sep 1991
26.30%
456 out of 1734
+0.61%
Nov 2012 - Oct 2023
+4.02% +13.80%
Oct 1981 - Sep 1992
0.00%
0 out of 1722
-4.41%
Jul 1909 - Jun 1920
+1.94% +9.58%
Oct 1981 - Sep 1992
28.05%
483 out of 1722
+0.96%
Nov 2011 - Oct 2023
+4.00% +13.52%
Sep 1981 - Aug 1993
0.00%
0 out of 1710
-4.23%
Jul 1908 - Jun 1920
+2.00% +9.76%
Nov 1873 - Oct 1885
28.71%
491 out of 1710
+1.23%
Feb 1947 - Jan 1960
+3.99% +12.78%
Mar 1980 - Feb 1993
0.00%
0 out of 1698
-3.16%
Jun 1907 - May 1920
+2.07% +9.69%
Apr 1873 - Mar 1886
26.03%
442 out of 1698
+1.16%
Oct 1945 - Sep 1959
+4.00% +12.23%
Mar 1980 - Feb 1994
0.00%
0 out of 1686
-3.35%
Aug 1906 - Jul 1920
+1.88% +9.23%
Oct 1872 - Sep 1886
24.26%
409 out of 1686
+1.40%
Feb 1945 - Jan 1960
+4.00% +11.71%
Oct 1981 - Sep 1996
0.00%
0 out of 1674
-3.27%
Jul 1905 - Jun 1920
+1.96% +8.49%
Apr 1871 - Mar 1886
22.58%
378 out of 1674
+1.40%
Aug 1941 - Jul 1957
+3.99% +11.58%
Oct 1981 - Sep 1997
0.00%
0 out of 1662
-2.92%
Jul 1904 - Jun 1920
+1.93% +8.46%
Apr 1873 - Mar 1889
21.06%
350 out of 1662
+1.56%
Oct 1942 - Sep 1959
+3.98% +11.57%
Oct 1981 - Sep 1998
0.00%
0 out of 1650
-2.47%
Jul 1903 - Jun 1920
+2.03% +8.14%
Oct 1872 - Sep 1889
19.94%
329 out of 1650
+1.44%
Oct 1941 - Sep 1959
+3.94% +11.11%
Mar 1980 - Feb 1998
0.00%
0 out of 1638
-2.31%
Jun 1902 - May 1920
+2.15% +7.65%
Feb 1874 - Jan 1892
19.47%
319 out of 1638
+1.60%
Jan 1941 - Dec 1959
+3.99% +10.85%
Mar 1980 - Feb 1999
0.00%
0 out of 1626
-2.49%
Jul 1901 - Jun 1920
+2.19% +8.03%
Apr 1873 - Mar 1892
19.43%
316 out of 1626
+1.73%
Aug 1939 - Jul 1959
+3.99% +10.77%
Oct 1981 - Sep 2001
0.00%
0 out of 1614
-2.05%
Jul 1900 - Jun 1920
+2.11% +7.77%
May 1872 - Apr 1892
19.33%
312 out of 1614
+2.01%
Sep 1941 - Aug 1966
+3.92% +9.67%
Mar 1980 - Feb 2005
0.00%
0 out of 1554
-1.63%
Aug 1895 - Jul 1920
+2.24% +7.42%
May 1872 - Apr 1897
18.92%
294 out of 1554
+2.18%
Jan 1940 - Dec 1969
+3.88% +8.93%
Sep 1981 - Aug 2011
0.00%
0 out of 1494
-1.14%
May 1940 - Apr 1970
+2.08% +5.89%
Apr 1871 - Mar 1901
14.59%
218 out of 1494
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