Vanguard Total Bond Market Index Fund ETF Shares
BND · Exchange-traded fund · Bonds
Market Close· Not a live price
What this fund holds
Vanguard Total Bond Market Index Fund ETF Shares is an exchange-traded fund. It holds thousands of US investment-grade bonds: government, agency mortgage and corporate debt together.
1M price history
What this fund owns
Thousands of US investment-grade bonds: government, agency mortgage and corporate debt together.
A single broad holding covering most of the US bond market, often used as the 'bond half' of a portfolio.
Fund profile
Classification, not a provider estimate- Asset class
- Fixed income (bonds)
- Category
- Broad bond market
- Typical maturity
- Intermediate (roughly 5–10 years)
- Credit quality
- Investment grade
- Interest-rate sensitivity
- Moderate
- Credit risk
- Low
Expense ratio, yield to maturity and average duration in years are not available from Scope's current data provider for bond funds, so they are shown as unavailable rather than estimated.
How interest rates affect it
Bond prices and interest rates generally move in opposite directions. When market interest rates rise, existing bond prices generally fall, and when rates fall, existing bond prices generally rise. Longer-duration bonds are typically more sensitive to interest-rate changes.
This fund's interest-rate sensitivity is moderate, and its credit risk is low. Those are two separate risks: a fund can carry a lot of one and almost none of the other.
What can go wrong
- Interest-rate risk: moderate. Its average maturity sits in the middle of the range, so rate moves show up in the price.
- Credit risk: low but not zero — it holds company debt as well as government debt.
- It can and does fall: 2022 was a losing year for broad bond funds.
Bond ETFs can fall in value and have done so. They are usually steadier than shares, which is not the same as safe.
For learning purposes only. Scope does not offer trading or financial advice.