Updated Reviewed quarterly
BND vs SGOV: ETF Comparison
BND · Vanguard
TER 0.03% · Yield 4.7%
SGOV · iShares
TER 0.09% · Yield 3.7%
Both BND and SGOV are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
In 30 seconds: BND (Vanguard Total Bond Market ETF, Vanguard) trades on the NASDAQ at 0.03% TER. SGOV (iShares 0-3 Month Treasury Bond ETF, iShares) trades on the NYSE Arca at 0.09% TER. Both BND and SGOV are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
- BND: Vanguard Total Bond Market ETF — 0.03% TER, FIF above NZ$50K
- SGOV: iShares 0-3 Month Treasury Bond ETF — 0.09% TER, FIF above NZ$50K
- BND yield: 4.7% (Monthly)
- SGOV yield: 3.7% (Monthly)
- Cheaper TER: BND
Head-to-head comparison
| Feature | BND | SGOV |
|---|---|---|
| Fund | Vanguard Total Bond Market ETF | iShares 0-3 Month Treasury Bond ETF |
| Issuer | Vanguard | iShares |
| Exchange | NASDAQ | NYSE Arca |
| Total expense ratio | 0.03% | 0.09% |
| Dividend yield (TTM) | 4.7% | 3.7% |
| Distribution frequency | Monthly | Monthly |
| NZ tax wrapper | FIF above NZ$50K | FIF above NZ$50K |
Where to buy
BND trades on the NASDAQ — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. SGOV trades on the NYSE Arca — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. See all 11 NZ investment platforms compared.
Frequently asked questions
What is the difference between BND and SGOV?▾
BND (Vanguard Total Bond Market ETF) charges 0.03% TER vs SGOV (iShares 0-3 Month Treasury Bond ETF) at 0.09%. BND is from Vanguard; SGOV is from iShares. Both BND and SGOV are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
Which has the lower fee, BND or SGOV?▾
BND is cheaper at 0.03% TER vs SGOV at 0.09% — a gap of 0.06 percentage points. Over 30 years on a NZ$50,000 portfolio at 7% pre-fee return, that fee gap compounds to roughly NZ6,351 of foregone wealth.
Which yields more, BND or SGOV?▾
BND trailing 12-month yield is 4.7%; SGOV is 3.7%. Headline yield is gross; after-tax outcome depends on your tax wrapper (FIF above NZ$50K for BND, FIF above NZ$50K for SGOV).
Can NZ residents buy both BND and SGOV?▾
Yes. BND is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. SGOV is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers.
How does NZ tax differ between BND and SGOV?▾
BND is FIF above NZ$50K. SGOV is FIF above NZ$50K. Same tax wrapper, no structural tax difference between the two for NZ residents. See /tax/pie-vs-fif/ for the full mechanics.
Explore with AI
Ask an AI assistant about this page
Open a fresh session with your prompt pre-filled and this page's link attached — the assistant reads the page and answers with it as a source.
Prefer Google?Add etfs.co.nz as a preferred source →
