GBND vs TOTR
Goldman Sachs Core Bond ETF vs T. Rowe Price Total Return ETF
Which is better, GBND or TOTR?
Nearly the same fund. GBND costs less.
GBND has a lower expense ratio. TOTR 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 | GBND | TOTR |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.31% |
| AUM | $601M | $566M |
| Dividend Yield | 4.01% | 5.48% |
| Holdings | 747 | 1,222 |
| YTD Return | -2.40% | -2.17%Best |
| 1Y Return | -2.18% | -1.73%Best |
| 3Y Return (annualized) | - | +5.04% |
| 5Y Return (annualized) | - | -0.85% |
| Volatility (annualized) | 4.0% | 3.8%Best |
| Max Drawdown | -4.9% | -4.5%Best |
| $10,000 over 1.3 years | $10,090 | $10,109Best |
| Fund Family | Goldman Sachs Asset Management | T.Rowe Price |
| Category | Fixed Income | Fixed Income |
| Inception | Jun 24, 2025 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
GBND 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 1.3 years both funds cover.
GBND vs TOTR Performance
Goldman Sachs Core Bond ETF (GBND) is an ETF from Goldman Sachs Asset Management and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year GBND returned -2.18% while TOTR returned -1.73%. Year to date, GBND is down 2.40% versus a loss of 2.17% for TOTR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GBND has been the more volatile fund, with annualized monthly volatility of 4.0% compared with 3.8% for TOTR. 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 -4.9% for GBND and -4.5% 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
GBND charges 0.25% per year while TOTR charges 0.31%. On a $10,000 position that is $25 vs $31 annually, a gap of $6 per year that compounds over a long holding period. On income, GBND currently yields 4.01% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 480 holdings in GBND and 522 in TOTR, totalling 52.2% and 55.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 30 positions appear in both.
30 positions in common, counted across the 480 positions we hold weights for in GBND and 522 in TOTR, against full books of 747 and 1,222.
Top Shared Holdings
| Stock | Weight in GBND | Weight in TOTR | Difference |
|---|---|---|---|
| FNCL 2.5 10/11Fannie Mae Or Freddie Mac 2.5 | 4.01% | 0.78% | 3.23% |
| T 4.25 08/15/54Treasury Bond (Otr) 4.25% Aug 15, 2054 | 2.24% | 1.80% | 0.44% |
| T 4.5 11/15/54Treasury Bond (Otr) 4.5% Nov 15, 2054 | 2.32% | 0.32% | 2.00% |
| T 4.75 02/15/45Us Treasury N/B 4.75 2/45 | 0.36% | 1.62% | 1.26% |
| FNCL 2 10/13Fncl 2 10/20 Fncl 2 10/20 2.0% 10/01/2050 | 0.87% | 0.91% | 0.04% |
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | 0.79% | 0.86% | 0.07% |
| FN MA4255Fannie Mae 2 02/01/2051 | 1.20% | 0.01% | 1.19% |
| T 5 05/15/45Us Treas Bds 5% 05/15/45 | 0.38% | 0.37% | 0.01% |
| FNCL 5 10/11Fncl 5 10/26 | 0.61% | 0.05% | 0.56% |
| COLT 2025-8 A1Colt_25-8 A1 144A 0% Aug 25, 2070 | 0.36% | 0.08% | 0.28% |
You are not choosing between two funds in isolation.
Whichever of GBND 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, GBND or TOTR?
GBND has an expense ratio of 0.25% while TOTR charges 0.31%. GBND is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, GBND or TOTR?
Over the past year GBND returned -2.18% vs -1.73% for TOTR, so TOTR leads on 1-year performance. Over the longest common window we track (1 years), GBND annualized +0.69% vs +0.84% for TOTR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GBND or TOTR?
GBND has been the more volatile fund at 4.0% annualized versus 3.8% for TOTR. Worst drawdown: GBND -4.9% vs TOTR -4.5%.
Should I hold both GBND and TOTR?
GBND 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, GBND or TOTR?
GBND yields 4.01% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than GBND?
GBND has a lower expense ratio. TOTR 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.