BNDC vs IVV
BNDC vs IVV
FlexShares Core Select Bond Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BNDC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | |
| AUM | $169M | $865.2B | |
| Dividend Yield | 4.13% | 1.09% | |
| Holdings | 21 | 508 | |
| YTD Return | -0.68% | +11.54% | |
| 1Y Return | +1.55% | +21.48% | |
| 3Y Return (annualized) | +3.84% | +20.86% | |
| 5Y Return (annualized) | -0.78% | +13.02% | |
| Volatility (annualized) | 5.2% | 15.1% | |
| Max Drawdown | -23.2% | -56.5% | |
| Fund Family | Flexshares Trust | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 18, 2016 | May 15, 2000 |
BNDC vs IVV Performance
FlexShares Core Select Bond Fund (BNDC) is a ETF from Flexshares Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BNDC returned +1.55% while IVV returned +21.48%. Year to date, BNDC is down 0.68% versus a gain of 11.54% for IVV.
Over three years, BNDC compounded at +3.84% per year against +20.86% for IVV; over five years the annualized figures are -0.78% and +13.02% respectively. Across the full 10-year window we track, IVV has the edge at +6.97% annualized vs +0.35%. 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 5.2% for BNDC. 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 -23.2% for BNDC 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BNDC charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, BNDC currently yields 4.13% against 1.09% for IVV.
Holdings Overlap
BNDC and IVV share 0 holdings out of 519 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BNDC or IVV?
BNDC has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, BNDC or IVV?
Over the past year BNDC returned +1.55% vs +21.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), BNDC annualized +0.35% vs +6.97% for IVV. Past performance does not guarantee future results.
Which is riskier, BNDC or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 5.2% for BNDC. Worst drawdown: BNDC -23.2% vs IVV -56.5%.
Should I hold both BNDC and IVV?
BNDC and IVV have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BNDC and IVV?
BNDC and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, BNDC or IVV?
BNDC yields 4.13% while IVV yields 1.09%, so BNDC currently pays the higher dividend yield.
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