BNDP vs SPY
Vanguard Core-Plus Bond Index ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BNDP or SPY?
Intermediate Term Bond against Large Cap Blend.
BNDP has a lower expense ratio.
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 | BNDP | SPY |
|---|---|---|
| Expense Ratio | 0.05%Best | 0.09% |
| AUM | $133M | $823.2B |
| Dividend Yield | 3.35% | 0.99% |
| Holdings | 6,181 | 1,515 |
| YTD Return | -1.86% | +13.53%Best |
| 1Y Return | - | +17.47% |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Fund Family | Vanguard (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Intermediate Term Bond | Large Cap Blend |
| Inception | Dec 2, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
BNDP vs SPY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BNDP vs SPY Performance
Vanguard Core-Plus Bond Index ETF (BNDP) is an ETF from Vanguard (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, BNDP is down 1.86% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
BNDP charges 0.05% per year while SPY charges 0.09%. On a $10,000 position that is $5 vs $9 annually, a gap of $4 per year that compounds over a long holding period. On income, BNDP currently yields 3.35% against 0.99% for SPY.
Holdings Overlap
At least 1.3% of SPY's money is in holdings BNDP also owns.
Stated as a floor: for BNDP, our book for it covers 83.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and BNDP share little of their money.
5 positions in common, counted across the 4,013 positions we hold weights for in BNDP and 504 in SPY, against full books of 6,181 and 1,515.
You are not choosing between two funds in isolation.
Whichever of BNDP and SPY 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, BNDP or SPY?
BNDP has an expense ratio of 0.05% while SPY charges 0.09%. BNDP is the cheaper option, by $4 a year on a $10,000 investment.
What is the holdings overlap between BNDP and SPY?
At least 1.3% of SPY's money is in holdings BNDP also owns. Our book for BNDP is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 4,013 positions we hold weights for in BNDP and 504 in SPY.
Which pays a higher dividend, BNDP or SPY?
BNDP yields 3.35% while SPY yields 0.99%, so BNDP currently pays the higher dividend yield.
Is SPY better than BNDP?
BNDP has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.