Data as of Oct 28, 2026.

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BND vs IEFA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BND returned −1.3% to IEFA's +12.3%; 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 $190.4bn on Oct 28, 2026 for iShares Core MSCI EAFE ETF.

At a glance
−1.3%
BND total return, 1 year
+12.3%
IEFA total return, 1 year
0.03%
BND expense ratio
0.07%
IEFA expense ratio

Pair scorecard

BND costs 0.04 points a year less; their one-year returns differ by 13.6 points; IEFA is 1.2 times larger.

BND vs IEFA: Differences, Returns & Fees
MeasureBNDIEFA
Return
Total return, 1 year−1.3%+12.3%
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 IMI Index
Cost and size
Expense ratio0.03%0.07%
Net assets, as of Sep 30, 2026$161.4bn$190.2bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund12.3%

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 IEFA 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 IEFA
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 IEFA
ASML HOLDING 2.55%
ROCHE PS PAR AG 1.36%
SHELL 1.21%
HSBC HOLDINGS PLC 1.18%
NOVARTIS AG 1.14%
ASTRAZENECA PLC 1.04%
NESTLE SA 1.04%
SAP 0.97%
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Side by side

BND Vanguard Total Bond Market ETF IEFA iShares Core MSCI EAFE ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US aggregate bonds Tracks the MSCI EAFE
Total return, 1 year −1.3% +12.3%
Its benchmark over the same days −1.4% (AGG) +14.3% (ACWX)
Gap to its benchmark +0.1 pts vs AGG −2.0 pts vs ACWX
Expense ratio 0.03% 0.07%
Holdings 16301 2629
Net assets, BND as of Sep 30, 2026 and IEFA as of Oct 28, 2026 $161.4bn $190.4bn

BND and IEFA 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.

IEFA

IEFA tracks the MSCI EAFE. Over the year to Oct 28, 2026 it returned +12.3% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 2,629 positions, with the top ten at 12.3%. 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 IEFA?
In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and IEFA +12.3%.
Which is cheaper, BND or IEFA?
BND is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BND against IEFA, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-iefa

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