Neos Enhanced Income Aggregate Bond ETF (BNDI) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BNDI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BNDI
BNDI charges 0.58% annually. There are 47 ETFs in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Core-Plus Bond Index ETF | 0.05% | 117.00M | Dec 2025 | BNDI vs BNDP | |
| iShares Core 5-10 Year USD Bond ETF | 0.06% | 276.82M | Nov 2016 | BNDI vs IMTB | |
| iShares Core Universal USD Bond ETF | 0.06% | 42.71B | Jun 2014 | BNDI vs IUSB | |
| iShares ESG Advanced Total USD Bond Market ETF | 0.12% | 714.90M | Jun 2020 | BNDI vs EUSB | |
| iShares Yield Optimized Bond ETF | 0.17% | 450.15M | Apr 2014 | BNDI vs BYLD |
Best Risk-Adjusted Alternatives to BNDI
BNDI has a PortfoliosLab risk / return rank of 51. There are 7 ETFs in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 91 | 46.19M | Sep 2023 | BNDI vs ZHOG | |
| Infrastructure Capital Bond Income ETF | 89 | 17.73M | Jan 2025 | BNDI vs BNDS | |
| Angel Oak Mortgage-Backed Securities ETF | 74 | 154.00M | Jun 2021 | BNDI vs MBS | |
| SanJac Alpha Core Plus Bond ETF | 64 | 2.28M | Sep 2024 | BNDI vs SJCP | |
| Cambria Fixed Income Trend ETF | 59 | — | Mar 2025 | BNDI vs CFIT |
Top Performing BNDI Alternatives (YTD)
BNDI is at 0.97% YTD. There are 3 ETFs in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 4.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Infrastructure Capital Bond Income ETF | 4.73% | 17.73M | Jan 2025 | BNDI vs BNDS | |
| Cambria Fixed Income Trend ETF | 4.23% | — | Mar 2025 | BNDI vs CFIT | |
| F/m Opportunistic Income ETF | 1.00% | 46.19M | Sep 2023 | BNDI vs ZHOG | |
| iShares Yield Optimized Bond ETF | 0.96% | 450.15M | Apr 2014 | BNDI vs BYLD | |
| SanJac Alpha Core Plus Bond ETF | 0.94% | 2.28M | Sep 2024 | BNDI vs SJCP |
Lowest Volatility Alternatives to BNDI
BNDI has 4.17% 1-year volatility. There are 50 ETFs in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 1.58% | 46.19M | Sep 2023 | BNDI vs ZHOG | |
| SanJac Alpha Core Plus Bond ETF | 2.53% | 2.28M | Sep 2024 | BNDI vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | 2.76% | 154.00M | Jun 2021 | BNDI vs MBS | |
| First Trust Commercial Mortgage Opportunities ETF | 3.09% | 35.44M | Feb 2024 | BNDI vs CAAA | |
| DoubleLine Opportunistic Bond ETF | 3.23% | 733.52M | Mar 2022 | BNDI vs DBND |
Lowest Drawdown Alternatives to BNDI
BNDI has a 1-year max drawdown of -2.75%. There are 25 ETFs in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | -1.31% | 46.19M | Sep 2023 | BNDI vs ZHOG | |
| Kingsbarn Tactical Bond ETF | -1.77% | 1.18M | Dec 2021 | BNDI vs KDRN | |
| SanJac Alpha Core Plus Bond ETF | -2.01% | 2.28M | Sep 2024 | BNDI vs SJCP | |
| First Trust Commercial Mortgage Opportunities ETF | -2.08% | 35.44M | Feb 2024 | BNDI vs CAAA | |
| Angel Oak Mortgage-Backed Securities ETF | -2.20% | 154.00M | Jun 2021 | BNDI vs MBS |
Other ETFs from Neos
The 10 most viewed Neos ETFs shown here include QQQI, SPYI, BTCI and span 12 categories. AUM among these funds goes as high as $13B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income | 56 | 10.40% | 13.32B | Jan 2024 | BNDI vs QQQI | |
| NEOS S&P 500 High Income ETF | Derivative Income, S&P 500 | 70 | 7.92% | 10.67B | Aug 2022 | BNDI vs SPYI | |
| NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 1 | -26.61% | 1.10B | Oct 2024 | BNDI vs BTCI | |
| NEOS Gold High Income ETF | Derivative Income, Gold, Precious Metals | 17 | -7.82% | 478.03M | Jun 2025 | BNDI vs IAUI | |
| NEOS Russell 2000 High Income ETF | Derivative Income | 82 | 16.26% | 1.06B | Jun 2024 | BNDI vs IWMI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | Ultrashort Bond | 99 | 2.66% | 1.45B | Aug 2022 | BNDI vs CSHI | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | Nasdaq-100, Hedge Fund | 52 | 6.16% | 388.10M | Dec 2019 | BNDI vs QQQH | |
| NEOS Real Estate High Income ETF | Derivative Income, REIT, Options Trading, Actively Managed | 33 | 8.18% | 292.13M | Jan 2025 | BNDI vs IYRI | |
| NEOS MSCI EAFE High Income ETF | Derivative Income | — | 6.72% | 182.91M | Sep 2025 | BNDI vs NIHI | |
| NEOS Enhanced Income Credit Select ETF | Nontraditional Bonds | 77 | 1.91% | 221.20M | Sep 2024 | BNDI vs HYBI |
Often Compared With BNDI
Investors most often compare BNDI with BND, TLTW, GOVT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare BNDI with Any Fund or Stock
Compare BNDI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BNDI with funds that move differently
Neos Enhanced Income Aggregate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BNDI.
Explore BNDI Diversifiers