Which returned more over the last year, BNDX or SHY?

In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and SHY +1.6%.

Which is cheaper, BNDX or SHY?

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.

Data as of Oct 28, 2026.

Across categories

BNDX vs SHY: Differences, Returns & Fees

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BNDX's duration was 6.5 years on Jul 31, 2026 and SHY's 1.8 on Aug 31, 2026; BNDX charges 0.07% to SHY's 0.15%.

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Net assets: $82.9bn on Sep 30, 2026 for Vanguard Total International Bond ETF, and $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF.

BNDX on its own →SHY on its own →

At a glance

−0.9%

BNDX total return, 1 year

+1.6%

SHY total return, 1 year

0.07%

BNDX expense ratio

0.15%

SHY expense ratio

Pair scorecard

BNDX costs 0.08 points a year less; their one-year returns differ by 2.5 points; BNDX is 3.2 times larger.

BNDX vs SHY: Differences, Returns & Fees
Measure	BNDX	SHY
Return
Measure	BNDX	SHY
Total return, 1 year	−0.9%	+1.6%
Benchmark
Measure	BNDX	SHY
What it tracks	Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	BNDX	SHY
Expense ratio	0.07%	0.15%
Net assets, as of Sep 30, 2026	$82.9bn	$26.3bn
Holdings
Measure	BNDX	SHY
Holdings in common	0%

Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method

Risk and return

Jun 14, 2013 to Oct 23, 2026 · 697 weekly returns

BNDX SHY

Return

Total return edge BNDX +35.1% +20.9%

Annualized edge BNDX +2.3% +1.4%

Price return edge SHY −5.5% −3.5%

Risk

Volatility edge SHY 3.8% 1.3%

Max drawdown edge SHY −16.0% −5.6%

Risk-adjusted

Sharpe edge BNDX 0.11 −0.36

Sortino edge BNDX 0.15 −0.52

Calmar edge SHY 0.14 0.26

Reading

BNDX returned more: +35.1% to +20.9%. SHY swung less: 1.3% to 3.8%. SHY fell less at its worst: −5.6% to −16.0%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BNDX vs SHY: Differences, Returns & Fees
Measure	BNDX	SHY	Edge	How it is measured
Return
Total return	+35.1%	+20.9%	BNDX	Price change plus distributions, reinvested.
Annualized	+2.3%	+1.4%	BNDX	Total return as a yearly rate.
Price return	−5.5%	−3.5%	SHY	Price change alone, distributions left out.
Risk
Volatility	3.8%	1.3%	SHY	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.8%	0.9%	SHY	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−16.0%	−5.6%	SHY	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.11	−0.36	BNDX	Return above Treasury bills per unit of volatility.
Sortino	0.15	−0.52	BNDX	Return above Treasury bills per unit of downside deviation.
Calmar	0.14	0.26	SHY	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 697 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BNDX and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BNDX SHY

Only in one fund ↓

Only in BNDX

UK TSY GILT, due Mar 7, 2031 0.41%

FRANCE O.A.T., due Feb 25, 2031 0.37%

FRANCE O.A.T., due Feb 25, 2029 0.36%

UK TSY GILT, due Mar 7, 2030 0.36%

UK TSY GILT, due Mar 7, 2028 0.35%

UK TSY GILT, due Jul 22, 2029 0.34%

FRANCE O.A.T., due Nov 25, 2035 0.33%

FRANCE O.A.T., due Nov 25, 2032 0.33%

Only in SHY

U.S. Treasury Notes, due Apr 30, 2028 1.97%

U.S. Treasury Notes, due Jan 31, 2028 1.71%

U.S. Treasury Notes, due Jun 30, 2028 1.61%

U.S. Treasury Notes, due Apr 30, 2029 1.51%

U.S. Treasury Notes, due May 31, 2029 1.49%

U.S. Treasury Notes, due Aug 15, 2027 1.48%

U.S. Treasury Notes, due Jun 30, 2029 1.47%

U.S. Treasury Notes, due Feb 15, 2028 1.40%

Check overlap with more funds →

Side by side

BNDX Vanguard Total International Bond ETF SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Vanguard iShares

What it is Tracks an index of Total International Bond Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year −0.9% +1.6%

Its benchmark over the same days not measured +1.7% (BBSB)

Gap to its benchmark not measured −0.1 pts vs BBSB

Expense ratio 0.07% 0.15%

Holdings 6840 90

Net assets, BNDX as of Sep 30, 2026 and SHY as of Oct 27, 2026 $82.9bn $27.4bn

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

Client brief · page 1 of 2 Report BR-718FFDC58A

BNDX and SHY do different jobs. What does each one do in a portfolio?

What each follows. BNDX follows Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged) and SHY follows ICE U.S. Treasury 1-3 Year Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Aug 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 BNDX returned −0.9% and SHY +1.6% with distributions reinvested, a gap of 2.5 points.

Data as of Oct 28, 2026.

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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.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BNDX or SHY?: In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and SHY +1.6%.
Which is cheaper, BNDX or SHY?: 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.

Other comparisons

BNDX vs VGSH BNDX vs IEI BNDX vs IGSB BNDX vs MBB SHY vs VCSH IEF vs SHY GOVT vs SHY SHY vs VGSH

Where to next

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

Sources and dates

BNDX filings on SEC EDGAR ↗

BNDX prospectus with the expense ratio (SEC) ↗

Vanguard page for BNDX ↗

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

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

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BNDX against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/bndx-vs-shy

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.