##  [# Vanguard Edges BlackRock for Bond ETF Crown](/sections/news/vanguard-edges-blackrock-bond-etf-crown) 

 

# Vanguard Edges BlackRock for Bond ETF Crown

 

 

The company's BND outpaced iShares’ AGG this week as the largest U.S.-listed fixed income ETF.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Aug 10, 2022

 Edited by: Heather Bell

 

 

     Share  <a class="a2a a2a_button_email"> Email </a><a class="a2a a2a_button_linkedin"> LinkedIn </a><a class="a2a a2a_button_facebook"> Facebook </a><a class="a2a a2a_button_x"> X (Twitter) </a> 

 

 

 

 

 

 

 

 

  
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-article_page_302x26');
            });
    
    

 

 

  

 



 

 

  Loading 

 

 



 

 

The Vanguard Group Inc. overtook BlackRock Inc. as the holder of the largest bond ETF in the U.S. market.

As of Monday, the [**Vanguard Total Bond Market ETF (BND)**](https://www.etf.com/bnd) weighed in at $83.75 billion in assets under management versus $83.2 billion for [**iShares Core Aggregate Bond ETF (AGG)**](https://www.etf.com/agg). Both funds rank among the top 10 U.S.-listed ETFs in terms of size.

During the last 12 months, BND pulled in more than $13 billion in flows, while AGG gained just $4.6 billion.

The two ETFs track very similar broad-based fixed income indexes from Bloomberg that have exhibited closely correlated performance and have the same ultra-low expense ratio of just 3 basis points. But Vanguard has been steadily gaining on iShares’ AUM for a while now.

Currently, iShares has roughly $2.24 trillion in assets under management, while Vanguard has $1.93 trillion, a gap of $311 billion. That’s narrowed from a gap of roughly $389 billion at the start of the year, down from $418 billion 12 months ago and more than $500 billion two years ago. The trend has been fairly consistent.

*An earlier version of this article incorrectly stated Vanguard had overtaken BlackRock in total ETF assets.*

*Contact Heather Bell at* [*heather.bell@etf.com*](mailto:heather.bell@etf.com)



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics