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    Fixed Income ETFs and Funds

    GNG Research tracks 76 fixed income ETFs and funds, ranked here by net assets, expense ratio and yield. The largest by net assets are BND, BNDX and VCIT.

    Prices and yields use the latest available records.

    Largest Fixed Income Funds

    Funds ranked by reported net assets.

    1. BNDVanguard Total Bond Market Index Fund ETF Shares
      $383.60B
    2. BNDXVanguard Total International Bond Index Fund ETF Shares
      $113.80B
    3. VCITVanguard Intermediate-Term Corporate Bond Index Fund ETF Shares
      $65.60B
    4. VTIPVanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
      $65.20B
    5. SGOViShares 0-3 Month Treasury Bond ETF
      $64.70B
    6. BIVVanguard Intermediate-Term Bond Index Fund ETF Shares
      $50.10B
    7. BILState Street SPDR Bloomberg 1-3 Month T-Bill ETF
      $50.00B
    8. TLTiShares 20+ Year Treasury Bond ETF
      $49.70B
    9. VCSHVanguard Short-Term Corporate Bond Index Fund ETF Shares
      $48.50B
    10. IEFiShares 7-10 Year Treasury Bond ETF
      $46.80B

    Lowest-Cost Fixed Income Funds

    Funds with at least $100M in net assets, ranked by net expense ratio.

    1. BNDVanguard Total Bond Market Index Fund ETF Shares
      0.03%
    2. VCITVanguard Intermediate-Term Corporate Bond Index Fund ETF Shares
      0.03%
    3. VTIPVanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
      0.03%
    4. BIVVanguard Intermediate-Term Bond Index Fund ETF Shares
      0.03%
    5. VCSHVanguard Short-Term Corporate Bond Index Fund ETF Shares
      0.03%
    6. VTEBVanguard Tax-Exempt Bond Index Fund ETF Shares
      0.03%
    7. VGITVanguard Intermediate-Term Treasury Index Fund ETF Shares
      0.03%
    8. SCHPSchwab U.S. Tips ETF
      0.03%
    9. STIPiShares 0-5 Year TIPS Bond ETF
      0.03%
    10. VGLTVanguard Long-Term Treasury Index Fund ETF Shares
      0.03%

    Highest-Yield Fixed Income Funds

    Funds with at least $100M in net assets and a forward yield up to 25%.

    1. PDIPIMCO Dynamic Income Fund
      18.43%
    2. PTYPIMCO Corporate & Income Opportunity Fund
      13.21%
    3. PDOPIMCO Dynamic Income Opportunities Fund
      12.87%
    4. GHYPGIM Global High Yield Fund Inc
      11.81%
    5. BGHBarings Global Short Duration High Yield Fund
      11.44%
    6. PFFAVirtus InfraCap U.S. Preferred Stock ETF
      10.68%
    7. PFFRPFFR
      8.93%
    8. STIPiShares 0-5 Year TIPS Bond ETF
      8.85%
    9. PFOFlaherty & Crumrine Preferred and Income Opportunity Fund Inc
      7.91%
    10. VTIPVanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
      7.68%

    Fixed Income Funds List

    All 76 fixed income ETFs and funds GNG Research tracks, largest first by net assets.

    BND Vanguard Total Bond Market Index Fund ETF SharesVanguard Total Bond Market Index Fund ETF Shares$383.60B4.21%
    BNDX Vanguard Total International Bond Index Fund ETF SharesVanguard Total International Bond Index Fund ETF Shares$113.80B2.90%
    VCIT Vanguard Intermediate-Term Corporate Bond Index Fund ETF SharesVanguard Intermediate-Term Corporate Bond Index Fund ETF Shares$65.60B5.16%
    VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF SharesVanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares$65.20B7.68%
    SGOV iShares 0-3 Month Treasury Bond ETFiShares 0-3 Month Treasury Bond ETF$64.70B3.59%
    BIV Vanguard Intermediate-Term Bond Index Fund ETF SharesVanguard Intermediate-Term Bond Index Fund ETF Shares$50.10B4.56%
    BIL State Street SPDR Bloomberg 1-3 Month T-Bill ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETF$50.00B3.45%
    TLT iShares 20+ Year Treasury Bond ETFiShares 20+ Year Treasury Bond ETF$49.70B4.68%
    VCSH Vanguard Short-Term Corporate Bond Index Fund ETF SharesVanguard Short-Term Corporate Bond Index Fund ETF Shares$48.50B4.57%
    IEF iShares 7-10 Year Treasury Bond ETFiShares 7-10 Year Treasury Bond ETF$46.80B4.08%
    VTEB Vanguard Tax-Exempt Bond Index Fund ETF SharesVanguard Tax-Exempt Bond Index Fund ETF Shares$45.00B3.43%
    VGIT Vanguard Intermediate-Term Treasury Index Fund ETF SharesVanguard Intermediate-Term Treasury Index Fund ETF Shares$44.00B4.00%
    MUB iShares National Muni Bond ETFiShares National Muni Bond ETF$42.50B3.30%
    IUSB iShares Core Universal USD Bond ETFiShares Core Universal USD Bond ETF$36.20B4.17%
    JPST JPMorgan Ultra-Short Income ETFJPMorgan Ultra-Short Income ETF$35.30B4.16%
    JAAA Janus Henderson AAA CLO ETFJanus Henderson AAA CLO ETF$25.30B4.79%
    FBND Fidelity Total Bond ETFFidelity Total Bond ETF$25.00B4.54%
    SHY iShares 1-3 Year Treasury Bond ETFiShares 1-3 Year Treasury Bond ETF$23.90B3.56%
    SHV iShares 0-1 Year Treasury Bond ETFiShares 0-1 Year Treasury Bond ETF$20.00B3.26%
    BINC BlackRock Flexible Income ETFBlackRock Flexible Income ETF$17.40B5.50%
    USIG iShares Broad USD Investment Grade Corporate Bond ETFiShares Broad USD Investment Grade Corporate Bond ETF$17.00B5.06%
    USFR WisdomTree Floating Rate Treasury FundWisdomTree Floating Rate Treasury Fund$16.70B3.76%
    TIP iShares TIPS Bond ETFiShares TIPS Bond ETF$14.70B2.25%
    SCHP Schwab U.S. Tips ETFSchwab U.S. Tips ETF$14.60B2.67%
    STIP iShares 0-5 Year TIPS Bond ETFiShares 0-5 Year TIPS Bond ETF$14.60B8.85%
    MINT PIMCO Enhanced Short Maturity Active Exchange-Traded FundPIMCO Enhanced Short Maturity Active Exchange-Traded Fund$14.50B3.92%
    VGLT Vanguard Long-Term Treasury Index Fund ETF SharesVanguard Long-Term Treasury Index Fund ETF Shares$14.40B4.79%
    PFF iShares Preferred and Income Securities ETFiShares Preferred and Income Securities ETF$14.20B6.56%
    SCHO Schwab Short-Term U.S. Treasury ETFSchwab Short-Term U.S. Treasury ETF$12.10B3.98%
    SUB iShares Short-Term National Muni Bond ETFiShares Short-Term National Muni Bond ETF$10.70B2.68%
    SPHY State Street SPDR Portfolio High Yield Bond ETFState Street SPDR Portfolio High Yield Bond ETF$10.10B7.42%
    SCHZ Schwab US Aggregate Bond ETFSchwab US Aggregate Bond ETF$10.00B4.45%
    VCLT Vanguard Long-Term Corporate Bond Index Fund ETF SharesVanguard Long-Term Corporate Bond Index Fund ETF Shares$9.00B6.00%
    BOND PIMCO Active Bond Exchange-Traded FundPIMCO Active Bond Exchange-Traded Fund$7.70B5.46%
    JNK State Street SPDR Bloomberg High Yield Bond ETFState Street SPDR Bloomberg High Yield Bond ETF$7.70B6.88%
    JPIE JPMorgan Income ETFJPMorgan Income ETF$7.70B5.76%
    PDI PIMCO Dynamic Income FundPIMCO Dynamic Income Fund$7.40B18.43%
    ICSH iShares Ultra Short Duration Bond Active ETFiShares Ultra Short Duration Bond Active ETF$7.20B4.11%
    TBIL F/M US Treasury 3 Month Bill ETFF/M US Treasury 3 Month Bill ETF$7.00B3.76%
    VBIL Vanguard 0-3 Month Treasury Bill ETF ETF SharesVanguard 0-3 Month Treasury Bill ETF ETF Shares$6.70B3.45%
    VUSB Vanguard Ultra-Short Bond ETF ETF SharesVanguard Ultra-Short Bond ETF ETF Shares$6.40B4.39%
    BKLN Invesco Senior Loan ETFInvesco Senior Loan ETF$6.30B6.71%
    LMBS First Trust Low Duration Opportunities ETFFirst Trust Low Duration Opportunities ETF$6.10B4.18%
    EDV Vanguard Extended Duration Treasury Index Fund ETF SharesVanguard Extended Duration Treasury Index Fund ETF Shares$4.50B5.22%
    PZA Invesco National AMT-Free Municipal Bond ETFInvesco National AMT-Free Municipal Bond ETF$3.80B4.16%
    JPLD JPMorgan Limited Duration Bond ETFJPMorgan Limited Duration Bond ETF$3.00B4.64%
    FLTR VanEck IG Floating Rate ETFVanEck IG Floating Rate ETF$2.60B4.18%
    PTY PIMCO Corporate & Income Opportunity FundPIMCO Corporate & Income Opportunity Fund$2.50B13.21%
    PFFD Global X U.S. Preferred ETFGlobal X U.S. Preferred ETF$2.30B6.89%
    PFXF VanEck Preferred Securities ex Financials ETFVanEck Preferred Securities ex Financials ETF$2.20B4.49%
    PFFA Virtus InfraCap U.S. Preferred Stock ETFVirtus InfraCap U.S. Preferred Stock ETF$1.90B10.68%
    PDO PIMCO Dynamic Income Opportunities FundPIMCO Dynamic Income Opportunities Fund$1.80B12.87%
    FLDR Fidelity Low Duration Bond Factor ETFFidelity Low Duration Bond Factor ETF$1.20B3.99%
    XBIL F/m US Treasury 6 Month Bill ETFF/m US Treasury 6 Month Bill ETF$766.50M3.81%
    XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETFBondBloxx Bloomberg One Year Target Duration US Treasury ETF$753.20M3.99%
    CSHI NEOS Enhanced Income 1-3 Month T-Bill ETFNEOS Enhanced Income 1-3 Month T-Bill ETF$734.80M5.00%
    CLOZ Eldridge BBB-B CLO ETFEldridge BBB-B CLO ETF$588.30M6.95%
    GHY PGIM Global High Yield Fund IncPGIM Global High Yield Fund Inc$521.40M11.81%
    BYLD iShares Yield Optimized Bond ETFiShares Yield Optimized Bond ETF$377.20M5.22%
    FIGB Fidelity Investment Grade Bond ETFFidelity Investment Grade Bond ETF$354.60M4.38%
    BGH Barings Global Short Duration High Yield FundBarings Global Short Duration High Yield Fund$294.00M11.44%
    PFO Flaherty & Crumrine Preferred and Income Opportunity Fund IncFlaherty & Crumrine Preferred and Income Opportunity Fund Inc$130.30M7.91%
    PFFR PFFRPFFR$103.40M8.93%
    BNDS Infrastructure Capital Bond Income ETFInfrastructure Capital Bond Income ETF$59.80M8.65%
    CBLDX CBLDXCBLDXN/A5.08%
    DBLTX DoubleLine Total Return Bond Fund Class IDoubleLine Total Return Bond Fund Class IN/A5.09%
    DSL Doubleline Income Solutions FundDoubleline Income Solutions FundN/A13.50%
    FAGIX Fidelity Capital & Income FundFidelity Capital & Income FundN/A4.09%
    FBNDX Fidelity Investment Grade Bond FundFidelity Investment Grade Bond FundN/A4.08%
    FCVSX Fidelity Convertible Securities FundFidelity Convertible Securities FundN/A1.25%
    FNBGX Fidelity Long-Term Treasury Bond Index FundFidelity Long-Term Treasury Bond Index FundN/A4.35%
    JBBB Janus Henderson B-BBB CLO ETFJanus Henderson B-BBB CLO ETFN/A6.39%
    MGF MFS Government Markets Income TrustMFS Government Markets Income TrustN/A8.86%
    NXP Nuveen Select Tax-Free Income PortfolioNuveen Select Tax-Free Income PortfolioN/A4.86%
    PDX PIMCO Energy and Tactical Credit Opportunities FundPIMCO Energy and Tactical Credit Opportunities FundN/A9.19%
    VWEAX Vanguard High-Yield Corporate Fund Admiral SharesVanguard High-Yield Corporate Fund Admiral SharesN/A6.61%

    Showing 76 of 76 funds

    About Fixed Income Funds

    Fixed income funds hold bonds and other debt, such as Treasuries, corporate bonds and inflation-protected bonds, and pass the interest they collect to shareholders as distributions.

    Their prices tend to fall when interest rates rise and rise when rates fall.

    Research Fixed Income Funds

    Other Fund Categories

    Fund counts and median yields for every fund category: forward yields for ETF categories, trailing 12-month distribution yields for money market funds.

    Frequently Asked Questions

    What are fixed income ETFs?

    Fixed income funds hold bonds and other debt, such as Treasuries, corporate bonds and inflation-protected bonds, and pass the interest they collect to shareholders as distributions. GNG Research tracks 76 of them.

    What are the largest fixed income ETFs?

    BND, BNDX and VCIT are the largest fixed income ETFs and funds GNG Research tracks, with $383.60B, $113.80B and $65.60B in net assets.

    Which fixed income ETFs have the lowest expense ratios?

    Among fixed income funds with at least $100 million in net assets, BND, VCIT and VTIP have the lowest expense ratios, at 0.03%, 0.03% and 0.03%.

    Which fixed income ETFs pay the highest yields?

    Among fixed income funds with at least $100 million in net assets and forward yields up to 25%, PIMCO Dynamic Income Fund (PDI), PTY and PIMCO Dynamic Income Opportunities Fund (PDO) have the highest forward yields, at 18.43%, 13.21% and 12.87%.

    Market data is provided for informational purposes only and is not investment advice. GNG Research's proprietary safety, quality, and valuation scores are available to members on each stock page.

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