Data as of Oct 28, 2026.

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BND vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BND returned −1.3% to VO's +12.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $161.4bn for Vanguard Total Bond Market ETF and $103.4bn for Vanguard Morningstar Mid-Cap ETF.

At a glance
−1.3%
BND total return, 1 year
+12.8%
VO total return, 1 year
0.03%
BND expense ratio
0.03%
VO expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 14.1 points; BND is 1.6 times larger.

Points (pts) are percentage points.

BND vs VO: Differences, Returns & Fees
MeasureBNDVO
Return
Total return, 1 year−1.3%+12.8%
Drawdown
Below its high3.5%, high on Aug 6, 20203.1%, high on Aug 14, 2026
Benchmark
What it tracksBloomberg U.S. Aggregate Float Adjusted IndexMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Expense ratio0.03%0.03%
Net assets, as of Sep 30, 2026$161.4bn$103.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight91%
Top ten holdings, share of the fund9.7%

Holdings in common uses holdings dated Sep 30, 2026. Method

What they share

0%

By the books each fund has filed, BND and VO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BND VO
MKTLIQ 0.92% 0.17%
Only in one fund ↓
Only in BND
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%
United States Treasury Note/Bond 0.38%
Only in VO
Cloudflare Inc 1.11%
Valero Energy Corp 1.10%
Marathon Petroleum Corp 1.10%
Phillips 66 1.01%
Quanta Services Inc 0.95%
Vertiv Holdings Co 0.92%
Datadog Inc 0.91%
Howmet Aerospace Inc 0.89%
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Side by side

BND Vanguard Total Bond Market ETF VO Vanguard Morningstar Mid-Cap ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US aggregate bonds Tracks an index of Mid-Cap
Total return, 1 year −1.3% +12.8%
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% 0.03%
Holdings 16301 273
Net assets, as of Sep 30, 2026 $161.4bn $103.4bn

BND and VO 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.

VO

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BND or VO?
In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and VO +12.8%.
Which is cheaper, BND or VO?
Neither: BND and VO both charge 0.03% a year. Fees come from each fund's prospectus.
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ETFIQ, BND against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-vo

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