BNDC vs SCEC
Northern Trust Core Bond ETF vs Sterling Capital Enhanced Core Bond ETF
Which is better, BNDC or SCEC?
Nearly the same fund. BNDC costs less.
BNDC has a lower expense ratio. BNDC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BNDC | SCEC |
|---|---|---|
| Expense Ratio | 0.38%Best | 0.39% |
| AUM | $165M | $604M |
| Dividend Yield | 4.33% | 5.20% |
| Holdings | 16 | 360 |
| YTD Return | -2.88%Best | -6.25% |
| 1Y Return | -2.81%Best | -6.44% |
| 3Y Return (annualized) | +4.23% | - |
| 5Y Return (annualized) | -0.95% | - |
| Volatility (annualized) | 3.7%Best | 4.2% |
| Max Drawdown | -5.2%Best | -7.9% |
| $10,000 over 1.6 years | $10,212Best | $9,796 |
| Fund Family | Northern Trust Asset Management | Sterling Capital Active ETF |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | Mar 14, 2025 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 14, 2025 to Oct 14, 2026 (1.6 years).
BNDC vs SCEC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
BNDC vs SCEC Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and Sterling Capital Enhanced Core Bond ETF (SCEC) is an ETF from Sterling Capital Active ETF. Over the past year BNDC returned -2.81% while SCEC returned -6.44%. Year to date, BNDC is down 2.88% versus a loss of 6.25% for SCEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCEC has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 3.7% for BNDC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.2% for BNDC and -7.9% for SCEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BNDC charges 0.38% per year while SCEC charges 0.39%. On a $10,000 position that is $38 vs $39 annually, a gap of $1 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 5.20% for SCEC.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 178 in SCEC, totalling 99.2% and 40.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in BNDC and 178 in SCEC, against full books of 16 and 360.
You are not choosing between two funds in isolation.
Whichever of BNDC and SCEC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BNDC or SCEC?
BNDC has an expense ratio of 0.38% while SCEC charges 0.39%. BNDC is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, BNDC or SCEC?
Over the past year BNDC returned -2.81% vs -6.44% for SCEC, so BNDC leads on 1-year performance. Over the longest common window we track (2 years), BNDC annualized +1.32% vs -1.28% for SCEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or SCEC?
SCEC has been the more volatile fund at 4.2% annualized versus 3.7% for BNDC. Worst drawdown: BNDC -5.2% vs SCEC -7.9%.
Should I hold both BNDC and SCEC?
BNDC and SCEC have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BNDC or SCEC?
BNDC yields 4.33% while SCEC yields 5.20%, so SCEC currently pays the higher dividend yield.
Is SCEC better than BNDC?
BNDC has a lower expense ratio. BNDC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.