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ITOT vs. BND
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITOT vs. BND

Last updated Jun 4, 2026

ITOT (iShares Core S&P Total U.S. Stock Market ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, ITOT returned 15.01%/yr vs 1.58%/yr for BND. At a correlation of -0.13, they often move in opposite directions. Both charge a 0.03% expense ratio.

Performance

ITOT vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P Total U.S. Stock Market ETF (ITOT) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ITOT achieves a 11.25% return, which is significantly higher than BND's 0.27% return. Over the past 10 years, ITOT has outperformed BND with an annualized return of 15.01%, while BND has yielded a comparatively lower 1.58% annualized return.

ITOT

1D
-0.73%
1M
5.01%
YTD
11.25%
6M
11.12%
1Y
28.12%
3Y*
22.09%
5Y*
12.69%
10Y*
15.01%

BND

1D
-0.19%
1M
0.27%
YTD
0.27%
6M
0.12%
1Y
5.11%
3Y*
3.96%
5Y*
0.09%
10Y*
1.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITOT vs. BND - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ITOT
iShares Core S&P Total U.S. Stock Market ETF		11.25%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%21.37%
BND
Vanguard Total Bond Market ETF		0.27%7.08%1.38%5.65%-13.11%-1.86%7.71%8.84%-0.12%3.57%

Correlation

The correlation between ITOT and BND is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.05

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2007

-0.13

The correlation between ITOT and BND shifts across timeframes, from -0.13 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core S&P Total U.S. Stock Market ETF

Vanguard Total Bond Market ETF

Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS
Often compared with BND:
BND vs. BNDXBND vs. FXNAXBND vs. AGGBND vs. FBNDBND vs. BNDWBND vs. TLTBND vs. VBTLX

Return for Risk

ITOT vs. BND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITOT
ITOT Risk / Return Rank: 6868
Overall Rank
ITOT Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6868
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6767
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6363
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7575
Martin Ratio Rank
BND
BND Risk / Return Rank: 3737
Overall Rank
BND Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
BND Sortino Ratio Rank: 3939
Sortino Ratio Rank
BND Omega Ratio Rank: 3535
Omega Ratio Rank
BND Calmar Ratio Rank: 3838
Calmar Ratio Rank
BND Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITOT vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Total U.S. Stock Market ETF (ITOT) and Vanguard Total Bond Market ETF (BND). 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.

ITOTBNDDifference
Sharpe ratioReturn per unit of total volatility
2.32
1.36

+0.96

Sortino ratioReturn per unit of downside risk
3.17
2.03

+1.14

Omega ratioGain probability vs. loss probability

1.42

1.24

+0.18

Calmar ratioReturn relative to maximum drawdown

3.17

1.92

+1.26

Martin ratioReturn relative to average drawdown

14.57

5.80

+8.77

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITOT vs. BND - Sharpe Ratio Comparison

The current ITOT Sharpe Ratio is 2.32, which is higher than the BND Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of ITOT and BND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ITOTBNDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.32

1.36

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.01

+0.72

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.29

+0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.59

-0.01

Drawdowns

ITOT vs. BND - Drawdown Comparison

The maximum ITOT drawdown since its inception was -55.20%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for ITOT and BND.

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Drawdown Indicators

ITOTBNDDifference

Max Drawdown

Largest peak-to-trough decline

-55.20%

-18.58%

-36.62%

Max Drawdown (1Y)

Largest decline over 1 year

-8.90%

-2.68%

-6.22%

Max Drawdown (3Y)

Largest decline over 3 years

-19.44%

-5.92%

-13.52%

Max Drawdown (5Y)

Largest decline over 5 years

-25.36%

-17.91%

-7.45%

Max Drawdown (10Y)

Largest decline over 10 years

-35.00%

-18.58%

-16.42%

Current Drawdown

Current decline from peak

-0.73%

-2.37%

+1.64%

Average Drawdown

Average peak-to-trough decline

-6.97%

-3.06%

-3.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.94%

0.88%

+1.06%

Volatility

ITOT vs. BND - Volatility Comparison

iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a higher volatility of 2.99% compared to Vanguard Total Bond Market ETF (BND) at 1.23%. This indicates that ITOT's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ITOTBNDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.99%

1.23%

+1.76%

Volatility (6M)

Calculated over the trailing 6-month period

9.13%

2.66%

+6.47%

Volatility (1Y)

Calculated over the trailing 1-year period

12.20%

3.78%

+8.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.36%

6.02%

+11.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.26%

5.53%

+12.73%

ITOT vs. BND - Expense Ratio Comparison

Both ITOT and BND have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ITOT vs. BND - Dividend Comparison

ITOT's dividend yield for the trailing twelve months is around 0.98%, less than BND's 3.97% yield.

PositionTTM20252024202320222021202020192018201720162015
BND
Vanguard Total Bond Market ETF		3.97%3.86%3.67%3.09%2.60%2.12%2.38%2.72%2.81%2.54%2.51%2.57%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		0.98%1.11%1.23%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%

Frequently Asked Questions

ITOT and BND have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITOT has higher volatility (2.99%) compared to BND (1.23%). In terms of maximum drawdown, ITOT dropped -55.20% vs BND's -18.58%.

On 10-year performance, ITOT leads with 15.01% vs 1.58% for BND. Both ETFs have the same 0.03% expense ratio. On volatility, BND has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ITOT has performed better with a 15.01% return vs 1.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ITOT and BND have the same expense ratio: 0.03% per year.

BND has the higher dividend yield at 3.97%, compared with 0.98% for ITOT.

ITOT is categorized as Large Cap Blend Equities, while BND is Total Bond Market. ITOT tracks S&P Total Market Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: iShares and Vanguard.

ITOT currently has the higher Sharpe Ratio (2.32 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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