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Launched · SEC filings

Vanguard Core-Plus Bond Index ETF

BNDPNasdaqVanguardA

$71.99+0.07 (+0.10%)

At close: Nov 2, 2026, 4:00 PM ET

A74/ 100

Rank 22 of 116 in US Aggregate Bond

A74/100Rank 22 of 116inUS Aggregate Bond
Intraday session: up, 79 prints from 71.92 to 71.99. Range 71.96 to 72.13. Use the arrow keys to read each point.71.9572.0572.1010 AM12 PM2 PM4 PM
Expense ratio
0.05%
Fund size · all share classes
$133M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
6528
Avg volume · 30D
8.45K sh
52W range
low $70.46high $76.09
Launched
Filings
SEC EDGAR

The ETF.net BNDP Grade

A

Score 74 out of 100

Category
US Aggregate Bond⁠
Rank
22 of 116
Six-pillar profile for BNDP. Scores out of 100: Cost 92, Risk 47, Mission 100, Tradability 30, Holdings 81, Durability 50. Strongest: Mission (100). Weakest: Tradability (30). Leans toward Mission.

Score 74 of 100 falls in the A 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.
    A92 out of 100
    Rank 9 of 115

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 100

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 55 of 116

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 95 of 116

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A81 out of 100
    Rank 11 of 115

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C50 out of 100
    Rank 70 of 116

Our read on BNDP

ETF.net Research

In short

AThe Agg with the leftovers added back. BNDP indexes a broad sweep of US dollar taxable bonds spanning investment-grade and high-yield, in a passive Vanguard wrapper priced at 0.05%.

Stated mandate

The fund seeks to track the Bloomberg U.S. Universal Float Adjusted Index, which consists of U.S. dollar-denominated taxable bonds rated as either investment-grade or high-yield.

Why people hold it

  • 0.05% a year, a fraction of what the typical fund in its bond category charges. In bonds, fee drag is the piece you actually control.
  • The index reaches past the plain Agg: US dollar taxable bonds across both investment-grade and high-yield, so credit corners a core-only tracker skips come along.vanguard.com
  • Rules-based, not manager discretion: it follows the Bloomberg U.S. Universal Float Adjusted Index, so the credit mix is disclosed by the index, not a quarterly judgment call.
  • Cheaper than IUSB, the long-standing universal-index fund, at 0.05% versus 0.06%.

Worth knowing

  • It listed in December 2025 and is still a small fund that trades lightly, so spreads can run wider than in the category's household names.
  • The high-yield slice brings credit risk a pure investment-grade Agg tracker does not carry, and it tends to show up when credit markets wobble.
  • Bare-bones Agg trackers like BND, SPAB and SCHZ charge 0.03%. The wider bond universe here costs a couple of basis points more.

BNDP Holdings

Holdings pillarA81 out of 100Rank 11 of 115 in US Aggregate Bond
Asset class
Bonds
Holdings
6,528
Top-10 weight
5%
Largest holding
Mktliq 12/31/20491.1%

Geography

  • United States84.94%
  • United Kingdom1.45%
  • Canada1.41%
  • Supranational1.32%
  • Japan0.91%
  • Germany0.88%
  • Saudi Arabia0.72%
  • Mexico0.71%
  • Other countries (65)7.66%
The fund’s holdings, weight-ordered — page 1 of 436.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataMktliq 12/31/20491.10%14,646$1.46M107
2EMBiShares J.P. Morgan USD Emerging Markets Bond ETF0.96%14,031$1.27M3
3No dataUnited States Treasury Note/Bond 4.00% 02/15/20340.36%5,120$475K13
4No dataUnited States Treasury Note/Bond 4.50% 11/15/20330.33%4,500$432K13
5No dataFannie Mae Pool 2.00% 01/01/20510.32%5,651$426K5
6No dataFreddie Mac Pool 2.00% 01/01/20520.32%5,678$426K3
7No dataUnited States Treasury Note/Bond 3.50% 01/31/20280.32%4,325$426K16
8No dataFreddie Mac Pool 3.00% 01/01/20530.32%5,169$424K1
9No dataUnited States Treasury Note/Bond 1.63% 05/15/20310.31%4,780$411K11
10No dataUnited States Treasury Note/Bond 4.00% 02/28/20300.31%4,210$408K14
11No dataUnited States Treasury Note/Bond 3.88% 08/15/20340.30%4,420$404K15
12No dataUnited States Treasury Note/Bond 3.50% 02/15/20330.30%4,310$393K13
13No dataFreddie Mac Pool 2.50% 01/01/20520.28%4,753$378K6
14No dataUnited States Treasury Note/Bond 0.63% 08/15/20300.28%4,450$377K12
15No dataUnited States Treasury Note/Bond 4.38% 05/15/20340.28%3,940$373K14

Showing 1–15 of 6528 holdings

BNDP Performance

Launched Dec 2, 2025

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.Not enough history yet.Not enough history yet.Not enough history yet.
BNDP$9,948
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. BNDP $9,948. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

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.

Trailing total return for BNDP. Periods over one year show the average yearly return.
PeriodBNDP
Year to date−0.5%
1 month+2.2%
3 months−0.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BNDP
YearReturn barBNDP
2026 YTD−0.5%
2025+0.1%

History from Dec 4, 2025

BNDP in the news

BNDP Dividends

Last payment
$0.28 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 10 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.18; Feb 2, 2026 $0.27; Mar 2, 2026 $0.25; Apr 1, 2026 $0.28; May 1, 2026 $0.27; Jun 1, 2026 $0.28; Jul 1, 2026 $0.27; Aug 3, 2026 $0.29; Sep 1, 2026 $0.29; Oct 1, 2026 $0.28. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.29
Oct 1, 2026Oct 5, 2026$0.28
Sep 1, 2026Sep 3, 2026$0.29
Aug 3, 2026Aug 5, 2026$0.29
Jul 1, 2026Jul 6, 2026$0.27
Jun 1, 2026Jun 3, 2026$0.28
May 1, 2026May 5, 2026$0.27
Apr 1, 2026Apr 6, 2026$0.28
Mar 2, 2026Mar 4, 2026$0.25
Feb 2, 2026Feb 4, 2026$0.27
Dec 23, 2025Dec 26, 2025$0.18

BNDP Risk

Risk pillarC47 out of 100Rank 55 of 116 in US Aggregate Bond
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Dec 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Dec 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.09
vs its asset-class index
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.

BNDP Cost

Compare BNDP and BKAG

Overpaying vs BKAG, cheapest in US Aggregate Bond

$1,060

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BNDP 0.05%

    $1,060

  • BKAG 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • BNDP 0.05%
  • BKAG 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$250$500$750$1K$1.25K051015202530BNDP $1,060BKAG $0

Year by year

YearBNDPBKAGOverpaying
10$92$0$92
20$360$0$360
30$1,060$0$1,060

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