ESGB vs. BNDP

Last updated Jul 12, 2026

ESGB (IQ MacKay ESG Core Plus Bond ETF) and BNDP (Vanguard Core-Plus Bond Index ETF) are both Intermediate Core-Plus Bond funds. ESGB is actively managed, while BNDP is passively managed. At a 0.21 correlation, their price movements are largely independent. ESGB charges 0.39%/yr vs 0.05%/yr for BNDP.

Performance

ESGB vs. BNDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ MacKay ESG Core Plus Bond ETF (ESGB) and Vanguard Core-Plus Bond Index ETF (BNDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ESGB

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDP

• 1D: 0.06%
• 1M: -0.16%
• 6M: 0.16%
• YTD: 0.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ESGB vs. BNDP - Yearly Performance Comparison

	2026 (YTD)
ESGB IQ MacKay ESG Core Plus Bond ETF	-0.18%
BNDP Vanguard Core-Plus Bond Index ETF	0.02%

Correlation

The correlation between ESGB and BNDP is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.21

Return for Risk

ESGB vs. BNDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and Vanguard Core-Plus Bond Index ETF (BNDP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	ESGB	BNDP	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.60%	—
Current Drawdown Current decline from peak	—	-1.29%	—
Average Drawdown Average peak-to-trough decline	—	-0.90%	—

Volatility

Volatility by Period

	ESGB	BNDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	3.66%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.66%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.66%	—

ESGB vs. BNDP - Expense Ratio Comparison

ESGB has a 0.39% expense ratio, which is higher than BNDP's 0.05% expense ratio.

Dividends

ESGB vs. BNDP - Dividend Comparison

ESGB has not paid dividends to shareholders, while BNDP's dividend yield for the trailing twelve months is around 2.45%.

Position	TTM	2025
BNDP Vanguard Core-Plus Bond Index ETF	2.45%	0.24%
ESGB IQ MacKay ESG Core Plus Bond ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ESGB and BNDP in my portfolio?

ESGB and BNDP have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGB or BNDP?

On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGB or BNDP?

BNDP is cheaper with a 0.05% expense ratio, compared with 0.39% for ESGB.

Which ETF pays a higher dividend yield, ESGB or BNDP?

BNDP has the higher dividend yield at 2.45%, compared with 0.00% for ESGB.

What is the main difference between ESGB and BNDP?

They also come from different issuers: IndexIQ and Vanguard. Their fees differ too: 0.39% for ESGB and 0.05% for BNDP.