Summit Showdown|
4 min
Updated December 2025

AGG vs BND: Best Total Bond Market ETF for 2026?

Comparing iShares Core US Aggregate Bond vs Vanguard Total Bond Market for your fixed income allocation.

Head-to-Head Comparison

Metric
AGG
BND
Expense Ratio
0.03%
0.03%
Dividend Yield
4.40%
4.45%
5Y Total Return
-0.3%
-0.2%
Volatility
6.9%
6.8%
Distribution
Monthly
Monthly
Tax Efficiency
Low
Low

The Verdict by Scenario

Scenario

iShares ecosystem

AGG

AGG fits seamlessly with other iShares ETFs and is the default bond choice in many model portfolios.

Scenario

Vanguard ecosystem

BND

BND offers Vanguard's unique tax efficiency through its ETF share class structure.

Scenario

Performance comparison

🤝Tie

Identical expense ratios, nearly identical holdings, and returns within basis points. Functionally the same ETF.

Compare Any ETFs

Use our interactive tool to compare expense ratios, yields, and growth projections.

Launch

Section 1Interchangeable Bond Funds

AGG and BND both track the Bloomberg US Aggregate Bond Index, the benchmark for US investment-grade bonds. Both have 0.03% expense ratios and hold thousands of Treasuries, corporates, and mortgage-backed securities. Like VOO vs IVV, this is an ecosystem choice, not a performance choice.

Section 2AGG: The iShares Standard

AGG is BlackRock's flagship bond ETF with $100B+ in assets. It's the default bond allocation in many robo-advisors and model portfolios. Slightly higher trading volume than BND, though both are extremely liquid. Choose AGG if you're building an all-iShares portfolio.

Section 3BND: The Vanguard Way

BND shares Vanguard's unique mutual-fund-to-ETF structure, providing slight tax advantages for taxable accounts. For Vanguard account holders, BND integrates seamlessly. Vanguard's investor-owned structure means lower costs benefit shareholders directly.
WT
WealthTrails
Updated December 2025
All Trail Notes