Vanguard Total Bond Market ETF BND

BND establishes the definitive bond market pillar for retirement-focused investors, holding over 10,000 US investment-grade bonds across Treasuries, corporates, and mortgage-backed securities. As the anchor of the classic 60/40 portfolio, it provides diversification and generally lower volatility than an all-equity portfolio. During the 2022 rate hike cycle, however, BND fell roughly 13%, underscoring interest rate risk. This makes it best for investors within 10 to 15 years of retirement seeking a stable income stream.