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BND vs. SPYD

Vanguard Total Bond Market ETF

BND
$--
vs

SPDR Portfolio S&P 500 High Dividend ETF

SPYD
$--

Correlation

0.20
BNDVanguard Total Bond Market ETF
SPYDSPDR Portfolio S&P 500 High Dividend ETF

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
SPYD SPDR Portfolio S&P 500 High Dividend ETF
Inception date
Apr 03 2007
Oct 21 2015
Expense ratio
0.03%
0.07%
BND has a lower expense ratio than SPYD by 0.04%. This can indicate that it’s cheaper to invest in BND than SPYD.
Type
US Bonds
US Equities
BND targets investing in US Bonds, while SPYD targets investing in US Equities.
Fund owner
Vanguard
State Street (SPDR)
BND is managed by Vanguard, while SPYD is managed by State Street (SPDR).
Volume (1m avg. daily)
$433,296,798
$31,341,265
Both BND and SPYD 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
$6,188,814,848
BND has more assets under management than SPYD by $88,486,725,619. 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 High Dividend Index
BND is based off of the Bloomberg U.S. Aggregate Float Adjusted Index, while SPYD is based off of the S&P 500 High Dividend Index
Inverse/Leveraged
No
No
BND and SPYD 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 SPYD 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
Yes
SPYD may offer dividends, while BND does not. The frequency and yield of the dividend for SPYD may vary.
Prospectus
Neither BND nor SPYD require a K1.
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 toSPYD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

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.