BNDC vs TOTR
Northern Trust Core Bond ETF vs T. Rowe Price Total Return ETF
Which is better, BNDC or TOTR?
Nearly the same fund. TOTR costs less.
TOTR has a lower expense ratio. TOTR led over 1Y, 3Y, 5Y 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 | TOTR |
|---|---|---|
| Expense Ratio | 0.38% | 0.31%Best |
| AUM | $165M | $566M |
| Dividend Yield | 4.33% | 5.48% |
| Holdings | 16 | 1,222 |
| YTD Return | -2.88% | -2.17%Best |
| 1Y Return | -2.81% | -1.73%Best |
| 3Y Return (annualized) | +4.23% | +5.04%Best |
| 5Y Return (annualized) | -0.95% | -0.85%Best |
| Volatility (annualized) | 6.5%Best | 6.6% |
| Max Drawdown | -18.1%Best | -19.6% |
| $10,000 over 5 years | $9,534 | $9,582Best |
| Fund Family | Northern Trust Asset Management | T.Rowe Price |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
BNDC vs TOTR 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 5 years both funds cover.
BNDC vs TOTR Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year BNDC returned -2.81% while TOTR returned -1.73%. Year to date, BNDC is down 2.88% versus a loss of 2.17% for TOTR.
Over three years, BNDC compounded at +4.23% per year against +5.04% for TOTR; over five years the annualized figures are -0.95% and -0.85% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOTR has been the more volatile fund, with annualized monthly volatility of 6.6% compared with 6.5% 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 -18.1% for BNDC and -19.6% for TOTR. 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 TOTR charges 0.31%. On a $10,000 position that is $38 vs $31 annually, a gap of $7 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 522 in TOTR, totalling 99.2% and 55.1% 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 522 in TOTR, against full books of 16 and 1,222.
You are not choosing between two funds in isolation.
Whichever of BNDC and TOTR 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 TOTR?
BNDC has an expense ratio of 0.38% while TOTR charges 0.31%. TOTR is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BNDC or TOTR?
Over the past year BNDC returned -2.81% vs -1.73% for TOTR, so TOTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or TOTR?
TOTR has been the more volatile fund at 6.6% annualized versus 6.5% for BNDC. Worst drawdown: BNDC -18.1% vs TOTR -19.6%.
Should I hold both BNDC and TOTR?
BNDC and TOTR 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 TOTR?
BNDC yields 4.33% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than BNDC?
TOTR has a lower expense ratio. TOTR led over 1Y, 3Y, 5Y 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.