BIV vs BND: Yield, Cost and Returns Compared
As of Nov 5, 2026, BIV yields more: 4.08% (dividend yield) against 3.76% for BND. BIV is cheaper to own at 0.03% a year vs 0.03%. Over the same 18 years (Dec 2007 to Oct 2026), BIV returned 3.4% a year with distributions reinvested, and BND 2.8%.
BNDVanguard Total Bond Market Index Fund ETF Shares3.76%dividend yield| Compared | BIV | BND |
|---|---|---|
| YieldDividend yield | 4.08% | 3.76% |
| Expense ratio | 0.03% | 0.03% |
| Total return, 1 yr | −0.8% | −0.1% |
| Total return, 3 yr (a year) | +5.7% | +5.4% |
| Total return, 5 yr (a year) | +0.1% | −0.1% |
| Total return, 10 yr (a year) | +1.7% | +1.5% |
| Worst drop since Dec 2007 | -17.6% | -17.1% |
| Share price since Dec 2007 | −4% | −8% |
| Pays | Monthly | Monthly |
| Issuer | Vanguard | Vanguard |
| Assets | $51.2B | $395.2B |
| Started | 2007 | 2007 |
| Type | Intermediate Core Bond | Intermediate Core Bond |
Higher yield
BIV
4.08%
Lower cost
BIV
0.03%
Better total return
BIV
3.4%/yr
Smaller worst drop
BND
-17.1%
Key facts: BIV vs BND
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BIV yields 4.08% (dividend yield) and BND yields 3.76% (dividend yield).
- BIV's expense ratio is 0.03% and BND's is 0.03%: $3 vs $3 a year on $10,000.
- From Dec 2007 to Oct 2026, $10,000 in BIV grew to $18,850 (3.4% a year) and $10,000 in BND to $16,741 (2.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -17.6% for BIV and -17.1% for BND.
Cite this page
SmarterDividends, "BIV vs BND: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/biv-vs-bnd
$10,000 in each, Dec 2007 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
BIV became
$18,850
3.4% a year
BND became
$16,741
2.8% a year
Year by year
| Year | BIV | BND |
|---|---|---|
| 2025 | +8.5% | +7.1% |
| 2024 | +1.6% | +1.4% |
| 2023 | +6.1% | +5.6% |
| 2022 | −13.2% | −12.9% |
| 2021 | −2.4% | −1.9% |
| 2020 | +9.7% | +7.7% |
| 2019 | +10.3% | +8.8% |
| 2018 | −0.2% | +0.3% |
| 2017 | +3.6% | +3.6% |
| 2016 | +2.3% | +2.5% |
| 2015 | +1.0% | +0.6% |
| 2014 | +6.7% | +5.8% |
| 2013 | −3.6% | −2.1% |
| 2012 | +6.7% | +3.9% |
| 2011 | +11.1% | +7.9% |
| 2010 | +9.1% | +6.2% |
| 2009 | +3.9% | +3.6% |
| 2008 | +7.8% | +6.9% |
Total return each calendar year, distributions reinvested.
BIV vs BND: questions
Is BIV or BND better?
It depends on the job. BIV pays more today (4.08% vs 3.76%), BIV costs less, and BIV has the better total return over Dec 2007 to Oct 2026, with BND holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, BIV or BND?
BIV, at 4.08% against 3.76% for BND as of Nov 5, 2026. On $10,000 that's about $408 vs $376 a year at today's rates.
Which has the better total return?
BIV. From Dec 2007 to Oct 2026, it returned 3.4% a year with distributions reinvested, against 2.8% for BND. $10,000 became $18,850 vs $16,741.
Which is cheaper, BIV or BND?
BIV, with a 0.03% expense ratio against 0.03%.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. BIV leads on 5 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.