Data as of Oct 28, 2026.

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BNDX vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BNDX returned −0.9% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets: $82.9bn on Sep 30, 2026 for Vanguard Total International Bond ETF, and $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF.

At a glance
−0.9%
BNDX total return, 1 year
+18.0%
GARP total return, 1 year
0.07%
BNDX expense ratio
0.15%
GARP expense ratio

Pair scorecard

BNDX costs 0.08 points a year less; their one-year returns differ by 18.9 points; BNDX is far larger, $82.9bn against $3.4bn.

BNDX vs GARP: Differences, Returns & Fees
MeasureBNDXGARP
Return
Total return, 1 year−0.9%+18.0%
Drawdown
Below its high7.0%, high on Oct 6, 2026
Benchmark
What it tracksBloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)MSCI USA Quality GARP Select Index
Cost and size
Expense ratio0.07%0.15%
Net assets, as of Sep 30, 2026$82.9bn$3.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight94%
Top ten holdings, share of the fund43.5%

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, BNDX and GARP 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 BNDX GARP
Only in one fund ↓
Only in BNDX
MKTLIQ 0.93%
United Kingdom Gilt 0.39%
French Republic Government Bond OAT 0.35%
United Kingdom Gilt 0.35%
French Republic Government Bond OAT 0.35%
United Kingdom Gilt 0.34%
United Kingdom Gilt 0.33%
French Republic Government Bond OAT 0.31%
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
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Side by side

BNDX Vanguard Total International Bond ETF GARP iShares MSCI USA Quality GARP ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Total International Bond Tracks the MSCI USA Quality GARP
Total return, 1 year −0.9% +18.0%
Its benchmark over the same days not measured +13.3% (PBUS)
Gap to its benchmark not measured +4.7 pts vs PBUS
Expense ratio 0.07% 0.15%
Holdings 6840 131
Net assets, BNDX as of Sep 30, 2026 and GARP as of Oct 27, 2026 $82.9bn $3.6bn

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

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About each fund
BNDX

BNDX tracks an index of Total International Bond. Over the year to Oct 28, 2026 it returned −0.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BNDX or GARP?
In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and GARP +18.0%.
Which is cheaper, BNDX or GARP?
BNDX is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BNDX against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/bndx-vs-garp

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