Data as of Nov 4, 2026.
BND vs HFGM: Differences, Returns & Fees
Over the year to Nov 4, 2026, BND returned +0.2% to HFGM's +2.4%, and BND charges 0.03% to HFGM's 1.01%.
askIQ about this page
askIQ about BND and HFGM
Net assets: $167.4bn on Oct 31, 2026 for Vanguard Total Bond Market ETF, and $151m on Aug 31, 2026 for Unlimited HFGM Global Macro ETF.
Pair scorecard
BND costs 0.98 points a year less; their one-year returns differ by 2.2 points.
| Measure | BND | HFGM |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.2% | +2.4% |
| Total return, 52 weeks | +2.2% | |
| Against its benchmark | ||
| What it tracks | Bloomberg U.S. Aggregate Float Adjusted Index | not published |
| Treasury bills, 52 weeks | +3.7% | |
| Against cash | 1.4 points behind | |
| Cost and size | ||
| Expense ratio | 0.03% | 1.01% |
| Net assets, BND as of Oct 31, 2026 and HFGM as of Aug 31, 2026 | $167.4bn | $151m |
| Holdings | ||
| Holdings in common | not published | |
| Risk | ||
| Correlation with the S&P 500’s weekly returns | +0.61 | |
| Beta to the S&P 500 | +1.11: about 1.11% for each 1% | |
| Its average week when the S&P 500 fell | fell 1.87% | |
| Down-week capture | 174.2% | |
| Weeks the S&P 500 fell | 26 of 52, by 1.07% on average | |
Side by side
BND and HFGM on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.
BND
BND tracks an index of US aggregate bonds. Over the year to Nov 4, 2026 it returned +0.2% with distributions reinvested, against +0.2% 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.
HFGM
HFGM is a global macro fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.61 with the S&P 500’s and a beta of +1.11, so for each 1% the index moved it moved about 1.11% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks HFGM fell 1.87% on average, a down-week capture of 174.2%. Over the same 52 weeks HFGM returned +2.2% and a Treasury bill fund +3.7%, so it finished 1.4 percentage points behind cash.
Questions people ask
- Are BND and HFGM in the same category?
- BND is a bond ETF and HFGM is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, BND or HFGM?
- In the year to Nov 4, 2026, with distributions reinvested, BND returned +0.2% and HFGM +2.4%.
- Which is cheaper, BND or HFGM?
- BND is cheaper, by 0.98 percentage points a year. That is about $98 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
Cite this pageCitation, APA and Markdown
ETFIQ, BND against HFGM, data as of Nov 4, 2026. https://etfiq.com/compare/any/bnd-vs-hfgm
ETFIQ. (Nov 4, 2026). BND against HFGM. Retrieved from https://etfiq.com/compare/any/bnd-vs-hfgm
[BND against HFGM (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/any/bnd-vs-hfgm)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.