BND vs AGG: Differences, Fees and Returns
BND and AGG cost the same: a 0.03% TER a year.
They do not track the same thing: BND follows the Bloomberg US Aggregate Float Adjusted Index and AGG the Bloomberg US Aggregate Bond Index. Any difference in returns will come mainly from that exposure, not from the fee.
Over the last 10 years, BND and AGG returned practically the same, around 1.39% a year.
Head-to-head comparison
| BND | AGG | |
|---|---|---|
| Name | Vanguard Total Bond Market ETF | iShares Core US Aggregate Bond ETF |
| Provider | Vanguard | BlackRock |
| Index | Bloomberg US Aggregate Float Adjusted Index | Bloomberg US Aggregate Bond Index |
| TER | 0.03% | 0.03% |
| Type | ETF | ETF |
| Domicile | United States | United States |
| Dividends | Distributing | Distributing |
| Launch date | April 3, 2007 | September 22, 2003 |
| Fund size | $399B | $138B |
| ISIN | — | — |
| Available to EU retail investors | No | No |
| Tax-free switch (Spain) | No | No |
Historical returns: BND vs AGG (Aug 2016 – Aug 2026)
10,000 invested in Aug 2016 would be worth $11,477 in BND and $11,460 in AGG today.
| BND | AGG | |
|---|---|---|
| Annualised return | 1.39% | 1.37% |
| Total return | 14.77% | 14.60% |
| Annual volatility | 5.17% | 5.15% |
| Maximum drawdown | -17.28% | -17.14% |
| Monthly correlation | 0.99 | |
Calendar-year returns
| Year | BND | AGG |
|---|---|---|
| 2026* | -0.18% | -0.18% |
| 2025 | 7.08% | 7.19% |
| 2024 | 1.38% | 1.31% |
| 2023 | 5.65% | 5.65% |
| 2022 | -13.11% | -13.02% |
| 2021 | -1.86% | -1.77% |
| 2020 | 7.71% | 7.48% |
| 2019 | 8.84% | 8.46% |
| 2018 | -0.11% | 0.10% |
| 2017 | 3.57% | 3.55% |
* Current year, to Aug 2026.
Month-end closing prices adjusted for dividends and net of fund costs. Broker fees and taxes are not included. Past performance does not guarantee future results.
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Frequently Asked Questions
BND and AGG cost the same: a 0.03% TER a year. They do not track the same thing: BND follows the Bloomberg US Aggregate Float Adjusted Index and AGG the Bloomberg US Aggregate Bond Index. Any difference in returns will come mainly from that exposure, not from the fee.
BND (ETF) tracks the Bloomberg US Aggregate Float Adjusted Index with a 0.03% TER; AGG (ETF) tracks the Bloomberg US Aggregate Bond Index with a 0.03% TER.
Generally not as a retail client: they are US-domiciled ETFs without the key information document EU PRIIPs rules require. Look for their UCITS equivalents in our list of funds for Europe.
Over the last 10 years, BND and AGG returned practically the same, around 1.39% a year.