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

In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and USO +133.3%.

Which is cheaper, BND or USO?

BND is cheaper, by 0.83 percentage points a year. That is about $83 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BND vs USO: Differences, Returns & Fees

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BND is a bond index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against −1.3%.

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Net assets: $161.4bn on Sep 30, 2026 for Vanguard Total Bond Market ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

BND on its own →USO on its own →

At a glance

−1.3%

BND total return, 1 year

+133.3%

USO total return, 1 year

0.03%

BND expense ratio

0.86%

USO expense ratio

Pair scorecard

BND costs 0.83 points a year less; their one-year returns differ by 134.6 points.

BND vs USO: Differences, Returns & Fees
Measure	BND	USO
Return
Measure	BND	USO
Total return, 1 year	−1.3%	+133.3%
Drawdown
Measure	BND	USO
Below its high	3.5%, high on Aug 6, 2020	82.3%, high on Jul 14, 2008
Benchmark
Measure	BND	USO
What it tracks	Bloomberg U.S. Aggregate Float Adjusted Index	Oil futures
Cost and size
Measure	BND	USO
Expense ratio	0.03%	0.86%
Net assets, BND as of Sep 30, 2026 and USO as of Oct 28, 2026	$161.4bn	$1.9bn
Holdings
Measure	BND	USO
Holdings in common	not published

Method

Side by side

BND Vanguard Total Bond Market ETF USO United States Oil Fund, LP

Where it sits Bond ETF Commodity ETF

Issuer Vanguard USCF

What it is Tracks an index of US aggregate bonds Holds oil futures

Total return, 1 year −1.3% +133.3%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark +0.1 pts vs AGG not measured

Expense ratio 0.03% 0.86%

Holdings 16301 not counted

Net assets, BND as of Sep 30, 2026 and USO as of Oct 28, 2026 $161.4bn $1.9bn

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

Alert

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.

USO

USO holds oil futures. Over the year to Oct 28, 2026 it returned +133.3% with distributions reinvested. The prospectus expense ratio is 0.86% a year. It sat 82.3% below its high of Jul 14, 2008 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BND or USO?: In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and USO +133.3%.
Which is cheaper, BND or USO?: BND is cheaper, by 0.83 percentage points a year. That is about $83 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BND vs SIVR BND vs BWET BND vs SLV BND vs GLD AGG vs USO IUSB vs USO TLT vs USO BSV vs USO

Where to next

BND on its own →USO on its own →Hold both: look the portfolio through →Rankings →BND dividend history →BND holdings →Standards and sources →

Sources and dates

BND filings on SEC EDGAR ↗

BND prospectus with the expense ratio (SEC) ↗

Vanguard page for BND ↗

USCF website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, BND against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-uso

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