Bringing you live news and features since 2006 

Vanguard Total Bond Market ETF surpasses iShares Barclays Aggregate Bond ETF for the first time


The Vanguard Total Bond Market ETF (BND) eclipsed iShares Barclays Aggregate Bond (AGG) in assets for the first time last week, according to Morningstar. BND now has assets of USD13.9 billion versus AGG’s USD13.8 billion.

Both exchange-traded funds track a version of the Barclays Capital Aggregate Bond Index, which is one of the most widely followed bond benchmarks.

“When BND launched in April 2007, AGG had USD5.6 billion in assets. Vanguard’s fund grew quickly, but AGG kept pace until 2009 when BND’s growth accelerated. This is another example of how low fees win in the very competitive ETF business,” says Robert Goldsborough, ETF Analyst at Morningstar. “BND’s 0.11% expense ratio gives it a substantial fee advantage over AGG with its 0.22% fee.  Schwab US Aggregate Bond ETF (SCHZ), with a 0.10% expense ratio, is the lowest-cost fund in the category, but with Vanguard’s trusted name, it is not surprising that BND is winning the fight for assets.”

Latest News

Electronic marketplace Tradeweb Markets Inc has reported total trading volume for May 2023 of USD29.4 trillion. Average daily volume (ADV)..
Invesco’s Paul Syms, Head of EMEA ETF Fixed Income and Commodity Product Management, has commented on the gold price, saying:..
Everysk, a provider of customisable, no-code, low-code intelligent automation solutions, has been chosen as a strategic partner of Dynamic Beta..
Rize ETF has listed its new Rize Circular Economy Enablers UCITS ETF (CYCL) on the London Stock Exchange (LSE) and..

Related Articles

The European thematic fund market presents interesting opportunities for asset managers and ETF issuers, particularly in the passive sphere, according...
Stephanie Miller Pierce, BNY Mellon
The three-year anniversary of BNY Mellon Investment Management’s launch of ETFs was marked by the quarter one growth of 172...
South Korea Flag
The overall trend in retail subscriptions to mutual funds in Korea is shifting gradually toward ETFs, as exchange-traded offerings have...
“The beauty of ETFs is that you can have effectively a rules-based strategy at low cost” says Laurent Kssis, head...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by