NEOS Enhanced Income Aggregate Bond ETF (BNDI) Performance
BNDI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.4% since Dec 31, 2025
- 1 year
- +0.5% total return
- 3 years
- +6.2% a year
- Since first price
- +3.4% a year since 2022
BNDI trailing returns vs AGG, TLT, SPY
| Period | BNDI total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.0% | +0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.3% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.9% | −3.7% | −1.5% | −3.8% | +7.8% |
| YTD | +0.4% | −4.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.5% | −5.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.7%+6.2%/yr | +0.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionAug 30, 2022 | +14.8%+3.4%/yr | −8.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BNDI vs AGG
From Aug 30, 2022: BNDI grew to $11,482, AGG to $11,006.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BNDI returns by calendar year
3 of 3 full years positive. Best 2025 (+8.0%), worst 2024 (+1.7%). 2026 is year to date.
BNDI annual returns table
| Year | BNDI | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.4% | −3.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.0% | −3.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.7% | −3.8% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.9% | −6.9% | +5.7% | +2.8% | +26.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BNDI largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 30, 2022 | −7.0% | Oct 20, 2022 | Dec 7, 2022 | 51 days | 3 months |
| Apr 5, 2023 | −6.9% | Oct 19, 2023 | Dec 13, 2023 | 6 months | 8 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BNDI risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +5.0% | +3.1% |
| Volatility (annualized) | 5.5% | 6.4% |
| Sharpe ratio | 0.12 | -0.17 |
| Sortino ratio | 0.17 | -0.23 |
| Best month | +4.5% | +4.5% |
| Worst month | −2.6% | −4.5% |
| Best 12 months | +11.9% | +11.9% |
| Worst 12 months | −0.2% | −1.1% |
| Positive months | 64% | 57% |
| Beta vs S&P 500 | 0.24 | — |
| Correlation with S&P 500 | 0.53 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BNDI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | −1.1% | +4.9% | +11.9% | 95% |
| 3-year (a year) | 15 | +3.9% | +5.0% | +6.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
BNDI performance overview
NEOS Enhanced Income Aggregate Bond ETF (BNDI) returned +0.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +3.4% a year, turning $10,000 into about $11,482. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −7.0%, from Aug 30, 2022 to Oct 20, 2022, and it took 48 days to get back to the old high. BNDI finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+8.0%) and the worst 2024 (+1.7%). Volatility has been 6.4% a year.
Related: BNDI chart, BNDI dividends, BNDI bond profile. See the BNDI overview for the latest quote and fund facts.
BNDI performance FAQ
What is the BNDI return over the past year?
BNDI returned +0.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.1%.
How much would $10,000 invested in BNDI be worth?
$10,000 invested in BNDI at its first recorded close on August 30, 2022 would be worth about $11,482 on October 23, 2026 with distributions reinvested.
What was the worst year for BNDI?
The worst calendar year was 2024, with a total return of +1.7%. The best was 2025 at +8.0%.
What is the biggest drawdown of BNDI?
The largest peak-to-trough decline was −7.0% between August 30, 2022 and October 20, 2022. It recovered to the old high on December 7, 2022, 48 days after the bottom.
How volatile is BNDI?
Over the past 3 years BNDI had an annualized volatility of 5.5% and a Sharpe ratio of 0.12 (excess return over 1–3 month T-bills per unit of risk).