VOO vs BND: Complete Comparison

Vanguard S&P 500 ETF vs Vanguard Total Bond Market ETF — overlap, correlation, performance & risk analysis

Holdings Overlap
0.00%
Very Low Overlap
Shared Holdings
0 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

VOO
BND
0.0%
VOO Only
Overlap
BND Only

Price Performance

Historical price comparison over 3M

VOO Return
+7.48%
BND Return
-0.76%
Winner
VOO
+8.24%
Max Drawdown
VOO: -8.9%
BND: -2.4%
VOO Volatility (annualized)13.99%
BND Volatility (annualized)4.06%

📈 Comparison

Metric
VOO
BND
1 Year Return
+26.5%
+2.8%
3 Year Return
+10.2%
-2.5%
5 Year Return
+15.8%
+0.5%
Volatility
18.20%
6.20%
Expense Ratio
0.03%
0.03%
⚠️ Past performance does not guarantee future results. Data may be delayed.

⚠️Risk Metrics

Metric
VOO
BND
Volatility
18.20%
6.20%
Sharpe Ratio
0.82
-0.12
Sortino Ratio
1.15
-0.15
Max Drawdown
-33.80%
-18.20%
Beta
1.00
0.02

Interpretation:

  • 📊 Lower volatility = smoother ride
  • ⚡ Higher Sharpe/Sortino = better risk-adjusted returns
  • ⚠️ Smaller max drawdown = less worst-case pain
  • 📈 Beta > 1 = more volatile than S&P 500

⚔️ Comparison

5 - 10

🏆 BND wins this comparison

Key Factors

💰 Expense Ratio
VOO:0.03%
vs
BND:0.03%
🎯 Number of Holdings
VOO:503 holdings
vs
BND:11,520 holdings
📈 5-Year Return
VOO:+15.8%
vs
BND:+0.5%
Additional Metrics (5)
⚖️ Concentration Risk
VOO: 39.6% in top 10
BND: 24.2% in top 10
📊 Assets Under Management
VOO: $380B ✓
BND: $105B ✓
Sharpe Ratio
VOO: 0.82
BND: -0.12
📉 Volatility
VOO: 18.2%
BND: 6.2%
🔍 Uniqueness vs SPY
VOO: 18.4% unique
BND: 100.0% unique

Bottom line: BND wins with better number of holdings. Both have the same expense ratio, so cost isn't a differentiator. Consider BND for your portfolio, but VOO is still a solid choice if you prefer its specific advantages.

Detailed Overlap Analysis

0 shared holdings representing 0.0% portfolio overlap

Top Shared Holdings

#StockVOO WeightBND WeightOverlap
0
Shared Stocks
0.0%
Total Overlap
0
Sectors Represented

Top Holdings Only in VOO

Unique to VOO

Scroll horizontally to see all data
SymbolNameWeight
NVDANVDA7.37%
AAPLAAPL7.07%
MSFTMSFT6.24%
AMZNAMZN3.86%
AVGOAVGO3.24%

Top Holdings Only in BND

Unique to BND

Scroll horizontally to see all data
SymbolNameWeight
UST-10YUS Treasury 10Y3.95%
UST-5YUS Treasury 5Y3.35%
UST-2YUS Treasury 2Y2.95%
GNMA-30YGNMA 30Y MBS2.55%
FNMA-30YFNMA 30Y MBS2.35%

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = Σ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

📊 This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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