BSV vs SBND: Grades, Fees and Holdings Compared

Vanguard Short-Term Bond ETF

BSVANYSE Arca

Columbia Short Duration Bond ETF

SBNDCNYSE Arca

Overlap

No data

Expense ratio

BSV −0.23pt a year

BSV0.03%SBND0.26%

Avg volume · 30D

BSV 28.9×the volume

BSV2.86MSBND98.7K

5Y return · a year

SBND +0.6pt

BSV+1.9%SBND+2.5%

BSV vs SBND Performance

Oct 29, 2021 – Oct 30, 2026

+9.7%BSV+12.9%SBND

Expense ratio: BSV 0.03%, better; SBND 0.26%
Fund size: BSV $69.6B; SBND $223M
1Y total return: BSV +1.6%; SBND +1.6%
Yield (12M): BSV 4.08%; SBND 4.65%, better
Holdings: BSV 3159; SBND 1149
Avg volume (30D): BSV 2.86M sh, better; SBND 98.7K sh
NAV per share: BSV $77.05; SBND $18.43
52W range

ETF.net Grade

Pillar letters and Scores for BSV, SBND, with each pillar’s weight
Pillar	BSV	SBND
Cost30% weight	A97Higher	D39
Mission25% weight	Not scored	Not scored
Risk15% weight	C43	B59Higher
Tradability15% weight	A86Higher	D33
Holdings10% weight	B69	A70Higher
Durability5% weight	A95Higher	C41

Rank among Short-Term Core Bond funds

How we build Categories ›

Same Category. BSV and SBND are both graded against the same 12 Short-Term Core Bond funds, so their Grades compare head to head.

Short-Term Core Bond⁠

Category · 12 funds

See all 12 ›

BSV ranks 1st and SBND 8th of 12 funds in the Short-Term Core Bond Category.

Rank 1ABSVVanguard Short-Term Bond ETFScore 80
Rank 2AISTBiShares Core 1-5 Year USD Bond ETFScore 75
Rank 7CNUSANuveen ESG 1-5 Year U.S. Aggregate BondScore 52
Rank 8CSBNDColumbia Short Duration Bond ETFScore 45
Rank 9CSCSBSterling Capital Short Duration Bond ETFScore 42

Our read on each fund

ETF.net Research

BSVAVanguard Short-Term Bond ETF

SBNDCColumbia Short Duration Bond ETF

In short

BSV The short end of Vanguard's bond lineup: investment-grade US government and corporate paper capped at one to five years, for three basis points a year. Same indexing discipline as its total-market sibling, with far less rate whiplash.

SBND Most short-duration bond funds stick to Treasuries and investment-grade credit. SBND blends six sub-indexes at fixed weights, high yield and emerging-market dollar debt included, with index duration not expected to exceed 3.5 years.

Stated mandate

BSV The fund seeks to track a market-weighted bond index with a short-term dollar-weighted average maturity.

SBND The Fund seeks to closely track, before fees and expenses, the performance of the Beta Advantage Short Term Bond Index.

Why people hold it

BSV Three basis points a year, against a category median around 0.36%. One of the cheapest tickets into the short end of the investment-grade bond market.
Every bond in the index matures within one to five years, which mechanically dampens how much the price moves when rates do, compared with longer-maturity bond funds.vanguard.com
Broad by design: US Treasuries, investment-grade corporates and dollar-denominated international issues, all float-adjusted and market-weighted rather than hand-picked.vanguard.com
Trading since 2007, a fund with tens of billions in assets and one of the busier tapes in its category. Income is paid out monthly.

SBND Goes wide instead of long: one short-duration package spanning US mortgage, asset-backed and CMBS paper, investment-grade corporates, high yield and emerging-market dollar bonds.sec.gov columbiathreadneedleus.com
Rules-based and fixed-weight. Each segment resets to target at rebalance instead of drifting with a manager's hunch, and index duration is not expected to exceed 3.5 years.sec.gov
Holds roughly 700 bonds and pays monthly.

Worth knowing

BSV A bond fund, not a savings account. The share price moves with rates and credit spreads, and short-term bond funds can and do post losing stretches.vanguard.com
Not Treasuries only. Investment-grade corporate and dollar-denominated international bonds ride along, so a slice of credit risk comes with the ladder.vanguard.com
One slice of the bond market, not the whole thing: nothing maturing past five years is in the index.vanguard.com

SBND 0.25% net of a waiver through February 28, 2027 (0.26% gross), above the category median. Plainer peers cost less: BSV at 0.03%, ISTB at 0.06%.
The extra yield comes from credit risk. The high yield and emerging-market sleeves can fall when spreads widen, a swing Treasury-heavy short-term funds largely sidestep.sec.gov columbiathreadneedleus.com
Smaller and only moderately traded next to the category's giants, so spread and execution costs can matter as much as the fee.

Full BSV profile⁠

Full SBND profile⁠

BSV vs SBND Holdings

How BSV and SBND differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile82.1%
Asset classFixed Income100%

Sector

No Sector split for BSV.

Country, concentration and asset class

Country by domicile

Country weights in BSV and SBND, widest gap first
Country	More in BSVMore in SBND	BSV	SBND
United States	BSV +15.6 points	90.9%	75.3%
Supranational	SBND +6.3 points	2.7%	9.0%
Colombia	SBND +1.8 points	0.0%	1.8%
Indonesia	SBND +1.8 points	0.1%	1.9%
Mexico	SBND +1.6 points	0.1%	1.7%
Brazil	SBND +1.6 points	0.0%	1.6%
Philippines	SBND +1.1 points	0.1%	1.1%
Luxembourg	SBND +0.9 points	0.0%	0.9%
Other countries (24)	SBND +0.8 points	6.0%	6.8%

Outside the US: SBND 27% developed, 73% emerging.

Concentration

Weight in the 10 largest Holdings

BSV9.8%
SBND19.3%

Securities held

BSV3,154
SBND806

Asset class

BSV: Fixed Income
SBND: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BSV holds 3,154 securities, SBND 806.

All BSV holdings⁠All 707 SBND holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BSV vs SBND Cost

Overpaying SBND vs BSV

$4,720

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

BSV 0.03%
$638
SBND 0.26%
$5,358

Amount$10,000

Years30 years

Cost over time

BSV 0.03%
SBND 0.26%
Overpaying

Year by year

Year	BSV	SBND	Overpaying
10	$55	$473	$418
20	$216	$1,838	$1,622
30	$638	$5,358	$4,720

Expense ratio

0.03%BSV, cheaper
0.26%SBND

BSV0.03%SBND0.26%

0.03%0.45%

Middle half of Short-Term Core Bond funds
Median 0.20%

BSV cheapest of 12 funds

SBND 8th cheapest of 12 funds

BSV vs SBND Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BSV 4.08%; SBND 4.65%, better
Payout (12M): BSV $3.15; SBND $0.86
Last payment: BSV $0.27; SBND $0.07
Ex-dividend: BSV Oct 1, 2026; SBND Oct 1, 2026
Paid on: BSV Oct 5, 2026; SBND Oct 5, 2026
Frequency: BSV Monthly; SBND Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSVMonthly · 45 paymentsAll BSV payments⁠

SBNDMonthly · 45 paymentsAll SBND payments⁠

BSV vs SBND Risk

Fall from peak · 5 years

BSV
SBND

Risk facts

VolatilityStd dev, 3 years: BSV 2.4%, betterSBND 3.1%
Return per unit of riskSharpe ratio, 3 years: BSV 0.06SBND 0.49, better
Worst fallMax drawdown, 5 years: BSV −8.0%, betterSBND −10.5%
Market sensitivityBeta, 5 years: BSV 0.38SBND 0.48; Market = 1

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