While it holds securities of all maturity lengths, BND is heavily weighted towards the short end of the curve. For investors looking to include some high-quality fixed income to their portfolios, funds like the Vanguard Short-Term Bond ETF (BSV), the Vanguard Total Bond Market ETF (BND), or the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) may be worth looking into. BND, which carries an expense ratio of 0.03%, seeks the performance of the Bloomberg U.S.