BND vs IVV

Quick Verdict

IVV delivered stronger 1-year returns. BND offers more diversification with 10790 holdings.

Lower Fees: TiedHigher Returns: IVVMore Diversified: BND

Side-by-Side Comparison

MetricBNDIVVWinner
Expense Ratio0.03%0.03%
AUM$159.8B$865.2B
Dividend Yield3.94%1.09%
Holdings17,528508
YTD Return-0.21%+13.52%
1Y Return+1.98%+23.63%
3Y Return (annualized)+4.12%+21.26%
5Y Return (annualized)-0.42%+13.52%
Volatility (annualized)4.6%15.1%
Max Drawdown-19.6%-56.5%
Fund FamilyVanguard (US)iShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionApr 3, 2007May 15, 2000

BND vs IVV Performance

Vanguard Total Bond Market ETF (BND) is a ETF from Vanguard (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BND returned +1.98% while IVV returned +23.63%. Year to date, BND is down 0.21% versus a gain of 13.52% for IVV.

Over three years, BND compounded at +4.12% per year against +21.26% for IVV; over five years the annualized figures are -0.42% and +13.52% respectively. Across the full 19-year window we track, IVV has the edge at +7.04% annualized vs +0.69%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.6% for BND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -19.6% for BND and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.25. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BND charges 0.03% per year while IVV charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, BND currently yields 3.94% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

BND and IVV share 5 holdings out of 11290 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BNDWeight in IVVDifference
DUK0.00%0.15%0.15%
AON0.00%0.12%0.12%
KDP0.00%0.06%0.06%
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HUBBProProPro
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Frequently Asked Questions

Which is cheaper, BND or IVV?

BND has an expense ratio of 0.03% while IVV charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, BND or IVV?

Over the past year BND returned +1.98% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), BND annualized +0.69% vs +7.04% for IVV. Past performance does not guarantee future results.

Which is riskier, BND or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 4.6% for BND. Worst drawdown: BND -19.6% vs IVV -56.5%.

Should I hold both BND and IVV?

BND and IVV have a monthly-return correlation of 0.25, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BND and IVV?

BND and IVV share 5 common holdings with a 0.0% weight overlap. Combined, they hold 11290 unique securities.

Which pays a higher dividend, BND or IVV?

BND yields 3.94% while IVV yields 1.09%, so BND currently pays the higher dividend yield.

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