ETF Versus

BND vs SPTM

Vanguard Total Bond Market Index Fund vs State Street SPDR Portfolio S&P 1500 Composite Stock Market 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
SPTM State Street

State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund issued by State Street that provides exposure to the total U.S. stock market across all capitalizations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.19%. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: 0.03% Yield: 1.19% Since: 2000-10-10

Quick Verdict

Over the past year, SPTM has significantly outperformed with a 15.9% return vs 0.3%. Income investors may prefer BND for its higher yield (3.9% vs 1.2%).

Key Metrics

Metric BND SPTM
Expense Ratio 0.03% 0.03%
Dividend Yield 3.9% 1.2%
Fund Family Vanguard State Street
Category US Aggregate Bond US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

80 98 116 134 152 170 2021-04 2022-06 2023-10 2024-12 2026-04
BND -13.1%
SPTM +57.9%

Performance Comparison

Period BND SPTM Difference
1 Month -1.30% -3.78% +2.48%
3 Months -0.61% -3.69% +3.08%
6 Months -0.74% -2.07% +1.33%
YTD -0.61% -3.69% +3.08%
1 Year +0.29% +15.87% -15.58%
3 Years -0.50% +57.36% -57.86%
5 Years -13.09% +57.92% -71.01%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period BND Fees SPTM Fees You Save
$10,000 10 years $60 $60 $0
$10,000 20 years $258 $258 $0
$10,000 30 years $835 $835 $0
$50,000 10 years $299 $299 $0
$50,000 30 years $4,176 $4,176 $0
$100,000 30 years $8,352 $8,352 $0

Risk Metrics

Based on 5 years of daily returns

Metric BND SPTM
Annualized Volatility 6.0% 16.8%
Max Drawdown -21.7% -25.0%
Sharpe Ratio -1.18 0.36

Dividend Comparison

Metric BND SPTM
Annual Dividend (per share) $2.89 $0.95
Dividend Yield 3.92% 1.19%
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 SPTM 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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