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BND vs. SPY

Vanguard Total Bond Market ETF

BND
$--
vs

SPDR S&P 500 ETF Trust

SPY
$--

Correlation

0.28
BNDVanguard Total Bond Market ETF
SPYSPDR S&P 500 ETF Trust

What is BND?

BND Invests in more than 3000 bonds representative of the broad U.S. investment-grade market. Goal is to keep pace with U.S. bond market returns. Offers relatively high potential for investment income; share value tends to rise and fall modestly. More appropriate for medium- or long-term goals where you re looking for a reliable income stream. Appropriate for diversifying the risks of stocks in a portfolio.

Snapshot
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BND Vanguard Total Bond Market ETF
SPY SPDR S&P 500 ETF Trust
Inception date
Apr 03 2007
Jan 22 1993
Expense ratio
0.03%
0.09%
BND has a lower expense ratio than SPY by 0.06%. This can indicate that it’s cheaper to invest in BND than SPY.
Type
US Bonds
US Equities
BND targets investing in US Bonds, while SPY targets investing in US Equities.
Fund owner
Vanguard
State Street (SPDR)
BND is managed by Vanguard, while SPY is managed by State Street (SPDR).
Volume (1m avg. daily)
$433,296,798
$33,257,618,740
Both BND and SPY are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$94,675,540,467
$400,404,126,565
BND has more assets under management than SPY by $305,728,586,098. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Bloomberg U.S. Aggregate Float Adjusted Index
S&P 500 Index
BND is based off of the Bloomberg U.S. Aggregate Float Adjusted Index, while SPY is based off of the S&P 500 Index
Inverse/Leveraged
No
No
BND and SPY use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
BND and SPY both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
BND and SPY may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
SPY may issue a K1, while BND does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toBND

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

Automated Strategies
Related toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.