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BND vs. XLE

Vanguard Total Bond Market ETF

BND
$--
vs

Energy Select Sector SPDR Fund

XLE
$--

Correlation

-0.03
BNDVanguard Total Bond Market ETF
XLEEnergy Select Sector SPDR Fund

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
XLE Energy Select Sector SPDR Fund
Inception date
Apr 03 2007
Dec 16 1998
Expense ratio
0.03%
0.10%
BND has a lower expense ratio than XLE by 0.07%. This can indicate that it’s cheaper to invest in BND than XLE.
Type
US Bonds
US Equities
BND targets investing in US Bonds, while XLE targets investing in US Equities.
Fund owner
Vanguard
State Street (SPDR)
BND is managed by Vanguard, while XLE is managed by State Street (SPDR).
Volume (1m avg. daily)
$433,296,798
$1,678,169,867
Both BND and XLE 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
$38,180,414,875
BND has more assets under management than XLE by $56,495,125,592. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Bloomberg U.S. Aggregate Float Adjusted Index
S&P Energy Select Sector Index
BND is based off of the Bloomberg U.S. Aggregate Float Adjusted Index, while XLE is based off of the S&P Energy Select Sector Index
Inverse/Leveraged
No
No
BND and XLE 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 XLE 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 XLE may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither BND nor XLE 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 toXLE

#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.