AGG vs BND: Which ETF Is Better in 2026?

A metric-by-metric comparison of iShares Core U.S. Aggregate Bond ETF (AGG) and Vanguard Total Bond Market Index Fund (BND) — both US Bonds - Broad funds — using ETFValuer's daily-updated rankings.

Educational content — not financial advice. Data as of July 5, 2026. ~5 minute read.

The Verdict

On ETFValuer's overall model — which blends return, risk-adjusted performance, cost, drawdown, size and volatility — AGG scores higher: 57.2 (Grade C) versus 56.7 for BND. That doesn't make BND a bad fund; it means AGG currently edges it out on this specific mix of factors. Read the metric-by-metric breakdown below before deciding which matters more for your own portfolio.

Head-to-Head: Every Metric

AGGBND
CategoryUS Bonds - BroadUS Bonds - Broad
Expense ratio0.03%0.03%
Fund size (AUM)$136.5B$394.4B
Dividend yield2.52%3.94%
1-year return+3.50%+3.34%
3-year return+13.65%+13.55%
Volatility3.82%3.75%
Max drawdown-6.11%-5.91%
Sharpe ratio-0.39-0.44
ETFValuer score57.256.7
GradeCC
Rank (of ~150)#82#87

Bold marks the better value in each row. "Better" is directional only (e.g. lower cost, higher return) — it isn't a recommendation by itself. See the full methodology.

Cost

On cost, the two are essentially tied — AGG charges 0.03% a year versus BND's 0.03%. A difference this small (about $0.00 a year on a $10,000 position) isn't a reason to choose one fund over the other.

Performance & Risk

Over the trailing 3 years, AGG returned +13.65% versus +13.55% for BND — a gap of about 0.1 percentage points. On risk, BND has held up better historically, with a shallower max drawdown (-5.91% vs. -6.11%). AGG currently has the better risk-adjusted return (Sharpe ratio of -0.39 vs. -0.44), meaning it delivered more return per unit of volatility taken on.

Frequently Asked Questions

Is AGG or BND better?

On ETFValuer's overall model — which blends return, risk-adjusted performance, cost, drawdown, size and volatility — AGG scores higher: 57.2 (Grade C) versus 56.7 for BND. That doesn't make BND a bad fund; it means AGG currently edges it out on this specific mix of factors. Read the metric-by-metric breakdown below before deciding which matters more for your own portfolio.

Which has the lower expense ratio, AGG or BND?

BND currently has the lower expense ratio (0.03% vs. 0.03%).

Can I hold both AGG and BND?

Since AGG and BND are both US Bonds - Broad funds, they likely hold significant overlapping positions — owning both usually adds cost and complexity without meaningfully improving diversification. Pick one rather than holding both at full weight.

Go deeper on either fund

Full daily-updated metrics, holdings context, and category peers.