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Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

BND vs HFND: how they differ

Over the year HFND returned more, +7.8% to BND's −0.4%, and BND charges 0.03% to HFND's 1.07%.

Vanguard Total Bond Market ETF and Unlimited HFND Multi-Strategy Return Tracker ETF.

BND and HFND on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
BND
Vanguard Total Bond Market ETF
HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
Where it sitsCore fundAlternatives ETF
IssuerVanguardUnlimited
What it isTracks an index of US aggregate bondsMulti-strategy
Total return, 1 year−0.4%+7.8%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−17.0 pts−8.7 pts
Expense ratio0.03%1.07%
Holdings16296not filed
Net assets$163.3bn$33m

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.

HFND in plain words

HFND is a multi-strategy 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 +0.78 with the S&P 500’s and a beta of +0.48, so for each 1% the index moved it moved about 0.48% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks HFND fell 0.62% on average, a down-week capture of 50.0%. Over the same 52 weeks HFND returned +7.7% and a Treasury bill fund +3.6%, so it finished 4.1 percentage points ahead of cash.

Questions people ask

Which returned more over the last year, BND or HFND?
In the year to Sep 19, 2026, with distributions reinvested, BND returned −0.4% and HFND returned +7.8%, so HFND returned more.
Which is cheaper, BND or HFND?
BND charges 0.03% a year and HFND charges 1.07%, so BND is cheaper. Fees come from each fund's prospectus.
Are BND and HFND the same kind of fund?
No. BND is an index ETF and HFND 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 HFND, 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 HFND, data as of Sep 19, 2026. https://etfiq.com/compare/any/bnd-vs-hfnd Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources