ETF Versus

BND vs SCHG

Vanguard Total Bond Market Index Fund vs Schwab U.S. Large-Cap Growth ETF

Last updated: 2026-04-02

BND Vanguard

Vanguard Total Bond Market Index Fund (BND) is an exchange-traded fund issued by Vanguard that provides exposure to the broad U.S. investment-grade bond market. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 3.92%. Launched in 2007, the fund has a 19-year track record.

AUM: $384.1B ER: 0.03% Yield: 3.92% Since: 2007-04-10
SCHG Schwab

Schwab U.S. Large-Cap Growth ETF (SCHG) is an exchange-traded fund issued by Schwab that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.43%. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: 0.04% Yield: 0.43% Since: 2010-01-04

Quick Verdict

Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. Over the past year, SCHG has significantly outperformed with a 15.4% return vs 0.3%. Income investors may prefer BND for its higher yield (3.9% vs 0.4%).

Key Metrics

Metric BND SCHG
Expense Ratio 0.03% 0.04%
Dividend Yield 3.9% 0.4%
Fund Family Vanguard Schwab
Category US Aggregate Bond US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 104 128 152 176 200 2021-04 2022-06 2023-10 2024-12 2026-04
BND -13.1%
SCHG +74.8%

Performance Comparison

Period BND SCHG Difference
1 Month -1.30% -4.13% +2.83%
3 Months -0.61% -9.62% +9.01%
6 Months -0.74% -9.17% +8.43%
YTD -0.61% -9.62% +9.01%
1 Year +0.29% +15.38% -15.09%
3 Years -0.50% +80.02% -80.52%
5 Years -13.09% +74.77% -87.86%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period BND Fees SCHG Fees You Save
$10,000 10 years $60 $80 $20
$10,000 20 years $258 $344 $86
$10,000 30 years $835 $1,112 $277
$50,000 10 years $299 $399 $100
$50,000 30 years $4,176 $5,560 $1,385
$100,000 30 years $8,352 $11,121 $2,769

Risk Metrics

Based on 5 years of daily returns

Metric BND SCHG
Annualized Volatility 6.0% 22.3%
Max Drawdown -21.7% -35.0%
Sharpe Ratio -1.18 0.41

Dividend Comparison

Metric BND SCHG
Annual Dividend (per share) $2.89 $0.13
Dividend Yield 3.92% 0.43%
Distribution Frequency Monthly Quarterly

Top Holdings

BND Top Holdings

NameWeight
Vanguard Cmt Funds-Vanguard Market Liquidity Fund114.21%
United States Treasury Note/Bond37.98%

Which One Should You Choose?

Choose SCHG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose BND if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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