Northern Trust Core Bond ETF
The ETF.net BNDC Grade
B
Score 58 out of 100
- 61 of 116
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 60 of 115Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 61 of 100Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 84 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 52 of 116Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D39 out of 100Rank 88 of 115Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 49 of 116
Our read on BNDC
In short
BA bond fund built out of bond funds: Northern Trust's fixed-income team actively dials duration and sector mix across Treasuries, corporates and MBS, expressed through mostly passive ETFs. One ticker, an active allocation call underneath.
Stated mandate
The Fund seeks total return and preservation of capital. It invests primarily in diversified, U.S.-dollar investment-grade fixed-income securities of varying maturities, including government, corporate, bank, mortgage-backed, and asset-backed instruments.
Why people hold it
Worth knowing
BNDC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BNDC$9,943
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BNDC |
|---|---|
| Year to date | −0.8% |
| 1 month | +2.5% |
| 3 months | +0.2% |
| 1 year | −0.6% |
| 3 years | +5.2% |
| 5 years | −0.5% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BNDC |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | +7.2% | |
| 2024 | +0.9% | |
| 2023 | +5.3% | |
| 2022 | −13.5% | |
| 2021 | −2.0% | |
| 2020 | +8.7% |
BNDC in the news
BNDC Dividends
- 4.26%
- $0.92
- $0.07 per share
- Monthly
BNDC Risk
- 5.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.14
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
BNDC Cost
Overpaying vs BKAG, cheapest in US Aggregate Bond
$7,126
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BNDC 0.35%
$7,126
BKAG 0.00% Cheapest
$0
Cost over time
Year by year
| Year | BNDC | BKAG | Overpaying |
|---|---|---|---|
| 10 | $634 | $0 | $634 |
| 20 | $2,454 | $0 | $2,454 |
| 30 | $7,126 | $0 | $7,126 |
You pay 0.35%Waived by FlexShares 0.14%
Full fee 0.49% waiver 0.14% you pay 0.35%
Other funds in US Aggregate Bond
- BJPIEJPMorgan Income ETFExpense ratio 0.40%1 year return +3.1%
- BTCPBThrivent Core Plus Bond ETFExpense ratio 0.39%1 year return −0.1%
- BDBNDDoubleLine Opportunistic Core Bond ETFExpense ratio 0.45%1 year return −0.4%
- BGTOSInvesco Short Duration Total Return Bond ETFExpense ratio 0.30%1 year return +2.6%
- BPTRBPGIM Total Return Bond ETFExpense ratio 0.49%1 year return −0.4%
