BNDI vs DFCF
NEOS Enhanced Income Aggregate Bond ETF vs Dimensional Core Fixed Income ETF
Which is better, BNDI or DFCF?
Nearly the same fund. DFCF costs less.
DFCF has a lower expense ratio. BNDI led over 1Y, 3Y 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 | BNDI | DFCF |
|---|---|---|
| Expense Ratio | 0.58% | 0.17%Best |
| AUM | $190M | $11.5B |
| Dividend Yield | 6.07% | 4.56% |
| Holdings | 18 | 3,657 |
| YTD Return | -1.21%Best | -2.35% |
| 1Y Return | -0.74%Best | -2.14% |
| 3Y Return (annualized) | +5.30%Best | +4.86% |
| 5Y Return (annualized) | - | -0.46% |
| Volatility (annualized) | 6.3%Tie | 6.3%Tie |
| Max Drawdown | -7.0%Best | -7.7% |
| $10,000 over 4.1 years | $11,288Best | $11,128 |
| Fund Family | NEOS | Dimensional |
| Category | Fixed Income | Fixed Income |
| Style | Long Term Bond | Long Term Bond |
| Inception | Aug 30, 2022 | Nov 15, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 30, 2022 to Oct 14, 2026 (4.1 years).
BNDI vs DFCF 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 4.1 years both funds cover.
BNDI vs DFCF Performance
NEOS Enhanced Income Aggregate Bond ETF (BNDI) is an ETF from NEOS and Dimensional Core Fixed Income ETF (DFCF) is an ETF from Dimensional. Over the past year BNDI returned -0.74% while DFCF returned -2.14%. Year to date, BNDI is down 1.21% versus a loss of 2.35% for DFCF.
Over three years, BNDI compounded at +5.30% per year against +4.86% for DFCF. Across the full 4-year window we track, BNDI has the edge at +3.00% annualized vs +2.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BNDI and DFCF have been equally volatile, both at 6.3% annualized.
The deepest peak-to-trough decline in our data was -7.0% for BNDI and -7.7% for DFCF. 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
BNDI charges 0.58% per year while DFCF charges 0.17%. On a $10,000 position that is $58 vs $17 annually, a gap of $41 per year that compounds over a long holding period. On income, BNDI currently yields 6.07% against 4.56% for DFCF.
Holdings Overlap
We hold position weights for 2 holdings in BNDI and 1,580 in DFCF, totalling 99.3% and 94.8% 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 2 positions we hold weights for in BNDI and 1,580 in DFCF, against full books of 18 and 3,657.
You are not choosing between two funds in isolation.
Whichever of BNDI and DFCF 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, BNDI or DFCF?
BNDI has an expense ratio of 0.58% while DFCF charges 0.17%. DFCF is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, BNDI or DFCF?
Over the past year BNDI returned -0.74% vs -2.14% for DFCF, so BNDI leads on 1-year performance. Over the longest common window we track (4 years), BNDI annualized +3.00% vs +2.64% for DFCF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDI or DFCF?
BNDI and DFCF have been equally volatile, both at 6.3% annualized. Worst drawdown: BNDI -7.0% vs DFCF -7.7%.
Should I hold both BNDI and DFCF?
BNDI and DFCF 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, BNDI or DFCF?
BNDI yields 6.07% while DFCF yields 4.56%, so BNDI currently pays the higher dividend yield.
Is DFCF better than BNDI?
DFCF has a lower expense ratio. BNDI led over 1Y, 3Y 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.