ETF Versus

BND vs RSP

Vanguard Total Bond Market Index Fund vs Invesco S&P 500 Equal Weight ETF

Last updated: 2026-04-02

BND Vanguard

Vanguard Total Bond Market Index Fund (BND) is an exchange-traded fund issued by Vanguard that provides exposure to the broad U.S. investment-grade bond market. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 3.93%. Launched in 2007, the fund has a 19-year track record.

AUM: $150.4B ER: 0.03% Yield: 3.93% Since: Apr 3, 2007
RSP Invesco

Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. equities across growth and value styles. It charges a moderate expense ratio of 0.20%. The fund offers a moderate dividend yield of 1.62%. Launched in 2003, the fund has a 23-year track record.

AUM: $84.5B ER: 0.20% Yield: 1.62% Since: Apr 24, 2003

Quick Verdict

BND is significantly cheaper at 0.03% vs 0.20% expense ratio, saving you approximately $337 per $10,000 invested over 10 years. Over the past year, RSP has significantly outperformed with a 11.0% return vs -0.0%. Income investors may prefer BND for its higher yield (3.9% vs 1.6%).

Key Metrics

Metric BND RSP
Expense Ratio 0.03% 0.20%
Dividend Yield 3.9% 1.6%
Fund Family Vanguard Invesco
Category US Aggregate Bond US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

80 93 106 119 132 145 2021-04 2022-06 2023-09 2024-12 2026-04
BND -13.3%
RSP +33.4%

Performance Comparison

Period BND RSP Difference
1 Month -1.63% -5.89% +4.26%
3 Months -0.84% -0.17% -0.67%
6 Months -1.20% +0.67% -1.87%
YTD -0.84% -0.17% -0.67%
1 Year -0.03% +11.03% -11.06%
3 Years -0.73% +33.02% -33.75%
5 Years -13.29% +33.36% -46.65%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period BND Fees RSP Fees You Save
$10.000 10 years $60 $396 $337
$10.000 20 years $258 $1.696 $1.438
$10.000 30 years $835 $5.443 $4.608
$50.000 10 years $299 $1.982 $1.683
$50.000 30 years $4.176 $27.214 $23.038
$100.000 30 years $8.352 $54.428 $46.076

Risk Metrics

Based on 5 years of daily returns

Metric BND RSP
Annualized Volatility 6.0% 16.2%
Max Drawdown -21.7% -22.5%
Sharpe Ratio -1.19 0.16

Dividend Comparison

Metric BND RSP
Annual Dividend (per share) $2.88 $3.12
Dividend Yield 3.92% 1.62%
Distribution Frequency Monthly Quarterly

Top Holdings

RSP Top Holdings

NameWeight
APA CorporationAPA0.28%
LyondellBasell Industries N.V.LYB0.25%
Dow Inc.DOW0.25%
Occidental Petroleum CorporationOXY0.25%
CF Industries Holdings, Inc.CF0.24%
Coterra Energy Inc.CTRA0.24%
Devon Energy CorporationDVN0.24%
ConocoPhillipsCOP0.24%
EOG Resources, Inc.EOG0.24%
Exxon Mobil CorporationXOM0.24%

Which One Should You Choose?

Choose BND if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose RSP if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose BND if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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