Vanguard Steals BlackRock Crown for World’s Biggest Bond ETF
- BND surpasses AGG in assets as the latter sheds cash
- AGG’s expense ratio was cut in April to match BND’s fee
Photographer: Pavlo Gonchar/SOPA Images/LightRocket/Getty Images
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Vanguard Group has ushered in a new world order in the fixed-income exchange-traded fund arena.
The Vanguard Total Bond Market ETF (ticker BND), with assets of roughly $83.8 billion, has surpassed the $83.2 billion iShares Core US Aggregate Bond ETF (AGG) to become the world’s biggest bond ETF, Bloomberg data show.