Data as of Oct 28, 2026.
BOND vs MDY: Differences, Returns & Fees
Over the year to Oct 28, 2026, BOND returned −1.4% to MDY's +12.8%; 0% of their weight is in the same names.
askIQ about this page
askIQ about BOND and MDY
Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $25.9bn on Oct 27, 2026 for SPDR S&P MidCap 400 ETF Trust.
Pair scorecard
MDY costs 0.31 points a year less; their one-year returns differ by 14.2 points.
| Measure | BOND | MDY |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.4% | +12.8% |
| Drawdown | ||
| Below its high | 3.1%, high on Feb 27, 2026 | 6.5%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | S&P MidCap 400 Index |
| Cost and size | ||
| Expense ratio | 0.54% | 0.23% |
| Net assets, BOND as of Jun 30, 2026 and MDY as of Oct 27, 2026 | $8.3bn | $25.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 7.5% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Mar 9, 2012 to Oct 23, 2026 · 763 weekly returnsEach against its own benchmark: BOND against AGG, Mar 9, 2012 to Oct 23, 2026; MDY against IJH, Jun 2, 2000 to Oct 23, 2026.
MDY returned more: +343.1% to +47.4%. BOND swung less: 4.9% to 18.8%. BOND fell less at its worst: −19.5% to −39.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | BOND | MDY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +47.4% | +343.1% | MDY | Price change plus distributions, reinvested. |
| Annualized | +2.7% | +10.7% | MDY | Total return as a yearly rate. |
| Price return | −12.6% | +268.3% | MDY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 4.9% | 18.8% | BOND | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 3.6% | 13.1% | BOND | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −19.5% | −39.7% | BOND | Deepest fall from a high to the low after it. |
| Upside capture | 102.2% | 99.9% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 95.5% | 100.2% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.97 | 1.00 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.88 | 0.99 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.21 | 0.54 | MDY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.28 | 0.78 | MDY | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.010 | 0.089 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.14 | 0.27 | MDY | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | AGG | IJH | The ETF each fund is measured against. | |
| Alpha | +0.9% a year | −0.2% a year | MDY not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 2.05 | −0.63 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | 0.0% to +1.7% | −0.8% to +0.4% | MDY includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.53 | −0.11 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.7% | 1.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 763 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BOND and MDY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
BOND and MDY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
BOND
BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.
MDY
MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BOND or MDY?
- In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and MDY +12.8%.
- Which is cheaper, BOND or MDY?
- MDY is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
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, BOND against MDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-mdy
ETFIQ. (Oct 28, 2026). BOND against MDY. Retrieved from https://etfiq.com/compare/any/bond-vs-mdy
[BOND against MDY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bond-vs-mdy)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.