BND vs BNDW: Differences, Returns & Fees
Over the year BND and BNDW finished level, −1.8% against −1.5%, and BND charges 0.03% to BNDW's 0.05%. Net assets on Sep 30, 2026: $161.4bn for Vanguard Total Bond Market ETF and $1.9bn for Vanguard Total World Bond ETF.
BND costs 0.02 points a year less; their one-year returns differ by 0.3 points; BND is far larger, $161.4bn against $1.9bn.
| BND | BNDW | |
|---|---|---|
| Expense ratio | 0.03% | 0.05% |
| Net assets, as of Sep 30, 2026 | $161.4bn | $1.9bn |
| Total return, 1 year | −1.8% | −1.5% |
| What it tracks | Bloomberg U.S. Aggregate Float Adjusted Index | Bloomberg Global Aggregate Float Adjusted Composite Index |
| Holdings in common | 0% | |
| Below its high | 4.1%, high on Aug 6, 2020 | |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.
BND and BNDW do different jobs. What does each one do in a portfolio?
- What each follows. BND follows Bloomberg U.S. Aggregate Float Adjusted Index and BNDW follows Bloomberg Global Aggregate Float Adjusted Composite Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
- Number of holdings. BND holds 16,301 positions and BNDW holds 3.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, BND and BNDW hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
0% in common
On the same fields
BND and BNDW on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About BND
BND tracks an index of US aggregate bonds. Over the year to Oct 20, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Float Adjusted Index, measured by the closely related Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 4.1% below its high of Aug 6, 2020 on Oct 20, 2026.
About BNDW
BNDW tracks an index. Over the year to Oct 20, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year.
Questions people ask
- Which returned more over the last year, BND or BNDW?
- In the year to Oct 20, 2026, with distributions reinvested, BND returned −1.8% and BNDW −1.5%.
- Which is cheaper, BND or BNDW?
- BND is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BND against BNDW, data as of Oct 20, 2026. https://etfiq.com/compare/any/bnd-vs-bndw
ETFIQ. (Oct 20, 2026). BND against BNDW. Retrieved from https://etfiq.com/compare/any/bnd-vs-bndw
[BND against BNDW (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/bnd-vs-bndw)
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