Which returned more over the last year, BND or CSM?

In the year to Sep 19, 2026, with distributions reinvested, BND returned −0.4% and CSM returned +16.4%, so CSM returned more.

Which is cheaper, BND or CSM?

BND charges 0.03% a year and CSM charges 0.45%, so BND is cheaper. Fees come from each fund's prospectus.

Are BND and CSM the same kind of fund?

No. BND is an index ETF and CSM is an alternatives ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

BND vs CSM: how they differ

Over the year CSM returned more, +16.4% to BND's −0.4%, and BND charges 0.03% to CSM's 0.45%.

Vanguard Total Bond Market ETF and ProShares Large Cap Core Plus.

BND and CSM on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
	BND Vanguard Total Bond Market ETF	CSM ProShares Large Cap Core Plus
Where it sits	Core fund	Alternatives ETF
Issuer	Vanguard	ProShares
What it is	Tracks an index of US aggregate bonds	Long-short equity
Total return, 1 year	−0.4%	+16.4%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−17.0 pts	−0.2 pts
Expense ratio	0.03%	0.45%
Holdings	16296	not filed
Net assets	$163.3bn	$520m

BND in plain words

BND tracks an index of US aggregate bonds. Over the year to Sep 18, 2026 it returned −0.4% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.9% below its high of Aug 6, 2020 on Sep 18, 2026.

CSM in plain words

CSM is a long-short equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.98 with the S&P 500’s and a beta of +0.97, so for each 1% the index moved it moved about 0.97% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks CSM fell 1.24% on average, a down-week capture of 99.9%. Over the same 52 weeks CSM returned +15.7% and a Treasury bill fund +3.6%, so it finished 12.1 percentage points ahead of cash.

Questions people ask

Which returned more over the last year, BND or CSM?: In the year to Sep 19, 2026, with distributions reinvested, BND returned −0.4% and CSM returned +16.4%, so CSM returned more.
Which is cheaper, BND or CSM?: BND charges 0.03% a year and CSM charges 0.45%, so BND is cheaper. Fees come from each fund's prospectus.
Are BND and CSM the same kind of fund?: No. BND is an index ETF and CSM is an alternatives ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BND against CSM, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BND against CSM, data as of Sep 19, 2026. https://etfiq.com/compare/any/bnd-vs-csm Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources