Data as of Oct 28, 2026.

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BND vs EFA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BND returned −1.3% to EFA's +12.1%; 0% of their weight is in the same names.

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Net assets: $161.4bn on Sep 30, 2026 for Vanguard Total Bond Market ETF, and $76.8bn on Oct 27, 2026 for iShares MSCI EAFE ETF.

At a glance
−1.3%
BND total return, 1 year
+12.1%
EFA total return, 1 year
0.03%
BND expense ratio
0.32%
EFA expense ratio

Pair scorecard

BND costs 0.29 points a year less; their one-year returns differ by 13.4 points; BND is 2.1 times larger.

BND vs EFA: Differences, Returns & Fees
MeasureBNDEFA
Return
Total return, 1 year−1.3%+12.1%
Drawdown
Below its high3.5%, high on Aug 6, 20204.7%, high on Aug 25, 2026
Benchmark
What it tracksBloomberg U.S. Aggregate Float Adjusted IndexMSCI EAFE Index
Cost and size
Expense ratio0.03%0.32%
Net assets, as of Sep 30, 2026$161.4bn$76.7bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund14.3%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, BND and EFA hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BND EFA
Only in one fund ↓
Only in BND
MKTLIQ 0.92%
United States Treasury Note/Bond 0.41%
United States Treasury Note/Bond 0.41%
United States Treasury Note/Bond 0.41%
United States Treasury Note/Bond 0.41%
United States Treasury Note/Bond 0.41%
United States Treasury Note/Bond 0.40%
United States Treasury Note/Bond 0.39%
Only in EFA
ASML HOLDING 2.98%
ROCHE PS PAR AG 1.58%
SHELL 1.42%
HSBC HOLDINGS PLC 1.38%
NOVARTIS AG 1.33%
ASTRAZENECA PLC 1.21%
NESTLE SA 1.21%
SAP 1.13%
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Side by side

BND Vanguard Total Bond Market ETF EFA iShares MSCI EAFE ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US aggregate bonds Tracks an index of Developed markets ex US
Total return, 1 year −1.3% +12.1%
Its benchmark over the same days −1.4% (AGG) +14.3% (ACWX)
Gap to its benchmark +0.1 pts vs AGG −2.2 pts vs ACWX
Expense ratio 0.03% 0.32%
Holdings 16301 665
Net assets, BND as of Sep 30, 2026 and EFA as of Oct 27, 2026 $161.4bn $76.8bn

BND and EFA on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BND

BND tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.3% with distributions reinvested, against −1.4% 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 3.5% below its high of Aug 6, 2020 on Oct 28, 2026.

EFA

EFA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 665 positions, with the top ten at 14.3%. It sat 4.7% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BND or EFA?
In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and EFA +12.1%.
Which is cheaper, BND or EFA?
BND is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BND against EFA, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-efa

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