BND vs SPAB: Yield, Cost and Returns Compared
As of Nov 5, 2026, BND yields more: 3.76% (dividend yield) against 3.49% for SPAB. BND is cheaper to own at 0.03% a year vs 0.03%. Over the same 18 years (Dec 2007 to Oct 2026), SPAB returned 2.8% a year with distributions reinvested, and BND 2.8%.
BNDVanguard Total Bond Market Index Fund ETF Shares3.76%dividend yield| Compared | BND | SPAB |
|---|---|---|
| YieldDividend yield | 3.76% | 3.49% |
| Expense ratio | 0.03% | 0.03% |
| Total return, 1 yr | −0.1% | −0.2% |
| Total return, 3 yr (a year) | +5.4% | +5.4% |
| Total return, 5 yr (a year) | −0.1% | −0.2% |
| Total return, 10 yr (a year) | +1.5% | +1.4% |
| Worst drop since Dec 2007 | -17.1% | -17.2% |
| Share price since Dec 2007 | −8% | −7% |
| Pays | Monthly | Monthly |
| Issuer | Vanguard | State Street Investment Management |
| Assets | $395.2B | $10.4B |
| Started | 2007 | 2007 |
| Type | Intermediate Core Bond | Intermediate Core Bond |
Higher yield
BND
3.76%
Lower cost
BND
0.03%
Better total return
SPAB
2.8%/yr
Smaller worst drop
BND
-17.1%
Key facts: BND vs SPAB
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BND yields 3.76% (dividend yield) and SPAB yields 3.49% (dividend yield).
- BND's expense ratio is 0.03% and SPAB's is 0.03%: $3 vs $3 a year on $10,000.
- From Dec 2007 to Oct 2026, $10,000 in BND grew to $16,741 (2.8% a year) and $10,000 in SPAB to $16,786 (2.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -17.1% for BND and -17.2% for SPAB.
Cite this page
SmarterDividends, "BND vs SPAB: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bnd-vs-spab
$10,000 in each, Dec 2007 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
BND became
$16,741
2.8% a year
SPAB became
$16,786
2.8% a year
Year by year
| Year | BND | SPAB |
|---|---|---|
| 2025 | +7.1% | +7.2% |
| 2024 | +1.4% | +1.2% |
| 2023 | +5.6% | +5.6% |
| 2022 | −12.9% | −13.1% |
| 2021 | −1.9% | −1.8% |
| 2020 | +7.7% | +7.4% |
| 2019 | +8.8% | +8.7% |
| 2018 | +0.3% | −0.2% |
| 2017 | +3.6% | +3.7% |
| 2016 | +2.5% | +2.3% |
| 2015 | +0.6% | +0.4% |
| 2014 | +5.8% | +6.0% |
| 2013 | −2.1% | −2.2% |
| 2012 | +3.9% | +3.9% |
| 2011 | +7.9% | +7.9% |
| 2010 | +6.2% | +6.3% |
| 2009 | +3.6% | +3.6% |
| 2008 | +6.9% | +8.4% |
Total return each calendar year, distributions reinvested.
Top holdings
No overlap in the top ten.
BND
- Holdings not reported.
SPAB
- GVMXX State Street Instl US Govt MMkt Premier3.3%
BND vs SPAB: questions
Is BND or SPAB better?
It depends on the job. BND pays more today (3.76% vs 3.49%), BND costs less, and SPAB 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, BND or SPAB?
BND, at 3.76% against 3.49% for SPAB as of Nov 5, 2026. On $10,000 that's about $376 vs $349 a year at today's rates.
Which has the better total return?
SPAB. From Dec 2007 to Oct 2026, it returned 2.8% a year with distributions reinvested, against 2.8% for BND. $10,000 became $16,786 vs $16,741.
Which is cheaper, BND or SPAB?
BND, 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. BND leads on 5 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.