Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF

About

Vanguard Total Bond Market ETF (US9219378356) is a US-listed bond ETF tracking the Spliced Bloomberg USAgg Flt AdjIx. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 500 positions across 11 regions with 157.4B in assets, with heavy concentration — 50% in United States, 48% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.3 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 8.9 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 4.5 Holding Count: 6.4 · Country Concentration: 5.0 · Sector Concentration: 1.5
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker BND
ISIN
Fund Size $157.4B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Apr 2007
Base Currency USD
Index Spliced Bloomberg USAgg Flt AdjIx
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.03%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months +0.00%
6 Months -0.01%
1 Year +0.00%
3 Years +0.01%
5 Years -0.15%
10 Years -0.13%
YTD -0.01%
Since Inception -0.13%

Holdings

6.4
This fund holds 500 individual investments, offering moderate diversification compared to other ETFs.
#1
1.41%
#2
1.10%
#3
1.06%
#4
1.03%
#5
0.93%
#6
0.88%
#7
0.87%
#8
0.84%
#9
0.82%
#10
0.82%
View all holdings (50)
# Holding Ticker Weight
1 141.00%
2 110.00%
3 106.00%
4 103.00%
5 93.00%
6 88.00%
7 87.00%
8 84.00%
9 82.00%
10 82.00%
11 77.00%
12 72.00%
13 68.00%
14 51.00%
15 50.00%
16 48.00%
17 48.00%
18 United States Treasury Note/Bond TNOTE 47.00%
19 46.00%
20 46.00%
21 45.00%
22 44.00%
23 42.00%
24 United States Treasury Note/Bond 41.00%
25 United States Treasury Note/Bond 41.00%
26 United States Treasury Note/Bond 41.00%
27 United States Treasury Note/Bond 41.00%
28 United States Treasury Note/Bond 41.00%
29 40.00%
30 40.00%
31 United States Treasury Note/Bond 40.00%
32 United States Treasury Note/Bond 40.00%
33 39.00%
34 United States Treasury Note/Bond 39.00%
35 United States Treasury Note/Bond TNOTE 39.00%
36 United States Treasury Note/Bond TNOTE 36.00%
37 United States Treasury Note/Bond TNOTE 35.00%
38 United States Treasury Note/Bond TNOTE 35.00%
39 United States Treasury Note/Bond 35.00%
40 United States Treasury Note/Bond TNOTE 34.00%
41 TREASURY NOTE (OTR) 34.00%
42 United States Treasury Note/Bond TNOTE 34.00%
43 United States Treasury Note/Bond TNOTE 34.00%
44 33.00%
45 United States Treasury Note/Bond TNOTE 32.00%
46 United States Treasury Note/Bond TNOTE 32.00%
47 United States Treasury Note/Bond TNOTE 32.00%
48 United States Treasury Note/Bond TNOTE 32.00%
49 United States Treasury Note/Bond TNOTE 32.00%
50 32.00%

Sectors

1.5
This fund is concentrated in just a few of its 4 sectors, reducing diversification.
 
Sector Weight
Unknown 4876.00%
Government Bonds 4842.00%
Corporate Bonds 284.00%
Financials 2.00%

Regions

5.0
This fund is concentrated in just 12 countries, with significant geographic concentration.
 
Country Weight
United States 5028.00%
UNKNOWN 4868.00%
SNAT 55.00%
Germany 14.00%
Mexico 9.00%
Singapore 7.00%
Canada 6.00%
XS 5.00%
United Kingdom 4.00%
Netherlands 2.00%
Ireland 1.00%
Poland 1.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
21.7%
Volatility
-5.6%
Max Drawdown
0.15
Sharpe Ratio
0.22
Sortino Ratio
0.59
Calmar Ratio
0.23
Beta
-7.45%
Alpha (Jensen's)
0.229
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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