Data as of Oct 28, 2026.
BND vs VBIL: Differences, Returns & Fees
On Jun 30, 2026 BND's duration was 5.7 years and VBIL's 0.1; BND charges 0.03% to VBIL's 0.06%.
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Net assets on Sep 30, 2026: $161.4bn for Vanguard Total Bond Market ETF and $12.8bn for Vanguard 0-3 Month Treasury Bill ETF.
Pair scorecard
BND costs 0.03 points a year less; their one-year returns differ by 5.0 points; BND is 12.6 times larger.
| Measure | BND | VBIL |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.3% | +3.7% |
| Drawdown | ||
| Below its high | 3.5%, high on Aug 6, 2020 | |
| Benchmark | ||
| What it tracks | Bloomberg U.S. Aggregate Float Adjusted Index | Bloomberg U.S. Treasury Bills 0-3 Months Index |
| Cost and size | ||
| Expense ratio | 0.03% | 0.06% |
| Net assets, as of Sep 30, 2026 | $161.4bn | $12.8bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Jun 30, 2026. Method
Risk and return
Feb 21, 2025 to Oct 23, 2026 · 87 weekly returnsVBIL returned more: +6.7% to +4.5%. VBIL swung less: 0.1% to 4.2%. VBIL fell less at its worst: 0.0% to −4.4%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BND | VBIL | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +4.5% | +6.7% | VBIL | Price change plus distributions, reinvested. |
| Annualized | +2.7% | +3.9% | VBIL | Total return as a yearly rate. |
| Price return | −2.2% | +0.8% | VBIL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 4.2% | 0.1% | VBIL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 3.2% | 0.1% | VBIL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −4.4% | 0.0% | VBIL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.30 | −0.64 | BND | Return above Treasury bills per unit of volatility. |
| Sortino | −0.38 | −0.90 | BND | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.61 | Not measured | Annualized return divided by the max drawdown. | |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BND and VBIL hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.
half
0% in common
Only in one fund ↓
Side by side
BND and VBIL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BND and VBIL do different jobs. What does each one do in a portfolio?
- What each follows. BND follows Bloomberg U.S. Aggregate Float Adjusted Index and VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BND returned −1.3% and VBIL +3.7% with distributions reinvested, a gap of 5.0 points.
Data as of Oct 28, 2026.
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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.
VBIL
VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.06% a year.
Questions people ask
- Which returned more over the last year, BND or VBIL?
- In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and VBIL +3.7%.
- Which is cheaper, BND or VBIL?
- BND is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BND against VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-vbil
ETFIQ. (Oct 28, 2026). BND against VBIL. Retrieved from https://etfiq.com/compare/any/bnd-vs-vbil
[BND against VBIL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bnd-vs-vbil)
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