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GTO vs BND

Invesco Total Return Bond ETF vs Vanguard Total Bond Market Index Fund

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

BND

Vanguard Total Bond Market Index Fund

Annual cost

0.03%

Fund size

$389.7B

Key differences

  • BND costs 0.32% less per year.
  • BND is significantly larger than GTO — larger funds tend to be more liquid and less likely to close.
  • GTO follows a active selection strategy; BND uses index tracking.
  • BND has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOBND
Annual cost (TER)0.35%0.03%
Fund size (AUM)$2.3B$389.7B
Since20162010
Dividend yield4.75%3.93%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+5.6%
CAGR 3Y+5.0%+4.0%
CAGR 5Y+0.2%+0.2%
Sharpe 3Y0.290.11
Volatility 1Y3.47%3.83%
Max drawdown-20.75%-18.58%

Similar to GTO and BND