Vanguard Intermediate-Term Bond ETF (BIV)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Vanguard Intermediate-Term Bond ETF (BIV) trades at $76.44 with AI Score 44/100 (Grade C). Vanguard Intermediate-Term Bond ETF (BIV) seeks to replicate the investment return of the Bloomberg U. S. 5–10 Year Government/Credit Float Adjusted Index. Market cap: $52.27B, Sector: Financial services.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for BIV: BIV does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BIV against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BIV: the 1 perspectives are evenly split.
How is this calculated? →Vanguard Intermediate-Term Bond ETF (BIV) Financial Services Profile
Vanguard Intermediate-Term Bond ETF (BIV) offers investors exposure to a diversified portfolio of investment-grade U.S. government and corporate bonds with intermediate-term maturities. As a passively managed fund utilizing index sampling, BIV aims to mirror the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index, appealing to risk-averse investors seeking stable returns.
What Is the Investment Thesis for BIV?
BIV presents a compelling option for investors seeking stable returns and diversification within their fixed-income allocation. As of 2026, with a market capitalization of $52.27B, BIV offers substantial liquidity and tradability. The fund's passive management approach and low expense ratio make it a cost-effective choice for accessing the intermediate-term bond market. The primary value driver for BIV is its ability to track the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index accurately. Growth catalysts include increasing investor demand for fixed-income assets in a potentially volatile equity market environment. However, potential risks include interest rate sensitivity, as rising rates could negatively impact bond values. The fund's beta of 1.04 indicates a moderate level of volatility compared to the broader market, which should be considered in the context of an overall portfolio strategy.
Based on FMP financials and quantitative analysis
BIV Key Highlights
- Market capitalization of $52.27B, indicating substantial scale and liquidity.
- Tracks the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index, providing exposure to a diversified portfolio of investment-grade bonds.
- Passively managed, resulting in a low expense ratio and efficient tracking of the underlying index.
- Invests in U.S. government, high-quality corporate, and investment-grade international dollar-denominated bonds, emphasizing credit quality.
- Beta of 1.04, suggesting moderate volatility relative to the broader market.
Who Are BIV's Competitors?
BIV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BSV Vanguard Short-Term Bond ETF | $77.73 | -0.02% | $70.49B | 44 |
| TLT iShares 20+ Year Treasury Bond ETF | $85.33 | -0.20% | $41.01B | 44 |
| VBILX Vanguard Intermediate-Term Bond Index Fund Admiral Shares | $10.34 | +0.00% | $52.18B | — |
| VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | $10.18 | +0.00% | $70.41B | 46 |
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $82.34 | -0.00% | $68.82B | 44 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BIV's Key Strengths?
- Low expense ratio
- Strong brand reputation
- High liquidity
- Diversified portfolio
What Are BIV's Weaknesses?
- Interest rate sensitivity
- Limited potential for outperformance due to passive management
- Exposure to credit risk, although limited to investment-grade bonds
- No dividend yield
What Could Drive BIV Stock Higher?
- Potential Federal Reserve rate cuts could lead to increased bond prices.
- Flight to safety during equity market corrections could increase demand for BIV.
- Changes in the composition of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index.
What Are the Key Risks for BIV?
- Rising interest rates could negatively impact bond values.
- Credit downgrades of bond holdings could lead to losses.
- Inflation erodes the real return of fixed-income investments.
- Changes in index methodology could affect fund performance.
What Are the Growth Opportunities for BIV?
- Increased Demand for Fixed Income: As equity market volatility rises, investors are likely to increase their allocation to fixed-income assets for stability. BIV, with its focus on intermediate-term, investment-grade bonds, stands to benefit from this trend. The market size for fixed-income ETFs is projected to grow significantly over the next five years, driven by both institutional and retail investors seeking diversification and risk management. Timeline: Ongoing.
- Expansion of ESG Investing: Environmental, Social, and Governance (ESG) considerations are becoming increasingly important to investors. BIV could potentially expand its offerings to include ESG-focused bond ETFs, catering to the growing demand for socially responsible investing. This would open up a new segment of the market and attract investors who prioritize both financial returns and positive social impact. Timeline: 2-3 years.
- Rising Interest Rate Environment: While rising interest rates can pose a risk to existing bond holdings, they also create opportunities for higher yields on new bond issuances. BIV can capitalize on this by reinvesting maturing bonds at higher rates, potentially boosting its overall return. This strategy requires careful management of duration and credit risk to maximize the benefits of rising rates. Timeline: Ongoing.
- Technological Advancements in Portfolio Management: The use of advanced analytics and artificial intelligence in portfolio management is becoming more prevalent. BIV can leverage these technologies to optimize its index tracking, manage risk more effectively, and identify new investment opportunities. This could lead to improved performance and lower costs over time. Timeline: 3-5 years.
- Global Expansion: While BIV primarily focuses on U.S. dollar-denominated bonds, there is potential to expand its investment universe to include bonds from other developed markets. This would provide investors with greater diversification and access to a wider range of investment opportunities. However, it would also require careful consideration of currency risk and regulatory factors. Timeline: 5+ years.
What Opportunities Does BIV Have?
- Increased demand for fixed-income assets
- Expansion into ESG-focused bond ETFs
- Reinvestment at higher yields in a rising rate environment
- Technological advancements in portfolio management
What Threats Does BIV Face?
- Rising interest rates
- Credit downgrades of bond holdings
- Increased competition from other bond ETFs
- Economic downturn leading to lower bond prices
What Are BIV's Competitive Advantages?
- Low expense ratio, making it a cost-effective investment option.
- Strong brand reputation of Vanguard, a well-established and trusted asset manager.
- High liquidity, allowing investors to easily buy and sell shares.
- Diversified portfolio of investment-grade bonds, reducing credit risk.
What Does BIV Do?
Vanguard Intermediate-Term Bond ETF (BIV) is designed to track the performance of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index. This index comprises a broad spectrum of investment-grade, U.S. dollar-denominated bonds with maturities ranging from 5 to 10 years. BIV’s investment strategy focuses on U.S. government, high-quality corporate, and investment-grade international dollar-denominated bonds. The fund employs a passive management approach, utilizing index sampling techniques to replicate the index's composition and performance. Launched to provide investors with a cost-effective and diversified exposure to the intermediate-term bond market, BIV has grown into a significant player in the fixed-income ETF landscape. Its appeal lies in its simplicity, transparency, and low expense ratio, making it a noteworthy option for both individual and institutional investors seeking stability and income from high-quality bonds. The fund's holdings are primarily concentrated in U.S. government securities and top-rated corporate bonds, reflecting its commitment to credit quality and risk management. BIV's market capitalization reflects its popularity and the increasing demand for intermediate-term bond exposure in a diversified investment portfolio.
What Products and Services Does BIV Offer?
- Tracks the investment return of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index.
- Invests in U.S. government bonds.
- Invests in high-quality (investment grade) corporate bonds.
- Invests in investment-grade international dollar-denominated bonds.
- Employs a passive management strategy.
- Utilizes index sampling to replicate the index's composition.
How Does BIV Make Money?
- Generates revenue through management fees charged to investors.
- Aims to provide investment returns that closely mirror the performance of its benchmark index.
- Passively manages its portfolio, minimizing active trading and associated costs.
What Industry Does BIV Operate In?
The asset management industry is experiencing growth driven by increasing demand for both active and passive investment strategies. Bond ETFs like BIV are gaining popularity as investors seek diversification and income in a low-yield environment. The competitive landscape includes other bond ETFs with varying maturity ranges and credit quality focuses. BIV's focus on intermediate-term, investment-grade bonds positions it as a relatively conservative option within the broader fixed-income market. Its low expense ratio and strong brand recognition contribute to its competitive advantage in attracting investors seeking cost-effective and reliable bond exposure.
Who Are BIV's Key Customers?
- Individual investors seeking fixed-income exposure.
- Institutional investors, such as pension funds and endowments.
- Financial advisors and wealth managers.
- Other ETFs and funds that utilize BIV as a component of their portfolio.
How Vanguard Intermediate-Term Bond ETF Is Valued
Relative to its peer group, BIV's quantitative score of 44/100 is roughly in line with the peer average of 45/100.
BIV Financials
Bull Case vs Bear Case
Bull Case
- BIV offers a relatively stable investment in a volatile market, attracting those seeking lower risk exposure. Think of it as a defensive play during times of uncertainty, similar to how investors flocked to bonds during the initial stages of the COVID-19 pandemic.
- The ETF's focus on intermediate-term bonds provides a balance between yield and interest rate sensitivity, making it a potentially attractive option if rates stabilize or decline. This is akin to betting on a more predictable economic environment.
- Recent market jitters have increased demand for safer assets, potentially driving up BIV's price as investors reallocate their portfolios. This is a classic 'flight to safety' scenario.
- The ETF's diversification across numerous bonds reduces the risk associated with individual bond defaults, providing a smoother ride for investors. It's like spreading your bets across multiple horses in a race.
Bear Case
- Rising interest rates could negatively impact BIV's value, as newly issued bonds offer higher yields, making existing bonds less attractive. This is the inverse of what happened when rates plummeted in 2020.
- Inflation concerns could erode the real return on BIV's holdings, diminishing its appeal to investors seeking inflation-beating assets. This is similar to how high inflation impacted bond yields in the 1970s.
- The market's current focus on growth stocks and high-yield investments may divert attention and capital away from BIV. It's a question of opportunity cost – investors chasing higher returns elsewhere.
- Potential credit downgrades within BIV's portfolio could negatively impact its value, although the ETF's diversification mitigates this risk somewhat. This is a constant concern for bondholders, especially during economic downturns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BIV Latest News
No recent news available for BIV.
BIV Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BIV.
Price Targets
Wall Street price target analysis for BIV.
BIV MoonshotScore
What does this score mean?
The MoonshotScore rates BIV's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Vanguard Intermediate-Term Bond ETF Financial Services Stock: Key Questions Answered
What does Vanguard Intermediate-Term Bond ETF do?
Vanguard Intermediate-Term Bond ETF (BIV) aims to track the investment return of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Index. It provides investors with exposure to a diversified portfolio of investment-grade U.S. government, corporate, and international dollar-denominated bonds with maturities between 5 and 10 years. BIV employs a passive management strategy, utilizing index sampling to replicate the index's composition, making it a cost-effective option for investors seeking stable returns from the intermediate-term bond market.
What do analysts say about BIV stock?
Analyst consensus on BIV generally reflects its role as a stable, low-cost option for fixed-income exposure. Key valuation metrics focus on its ability to track the underlying index and its expense ratio relative to competitors. Growth considerations center on the overall demand for fixed-income assets and the potential impact of interest rate movements. Analysts typically view BIV as a core holding in a diversified portfolio, rather than a high-growth investment.
What are the main risks for BIV?
The primary risk for BIV is interest rate sensitivity. As interest rates rise, the value of existing bonds in the portfolio may decline, leading to potential losses for investors. Additionally, credit risk, although limited to investment-grade bonds, remains a concern. Economic downturns or downgrades in credit ratings could negatively impact the value of the fund's holdings. Inflation also poses a risk, as it erodes the real return of fixed-income investments.
How does Vanguard Intermediate-Term Bond ETF make money in financial services?
Vanguard Intermediate-Term Bond ETF generates revenue primarily through management fees charged to investors. These fees are a small percentage of the fund's assets under management and are used to cover the costs of managing the fund, including administrative expenses and investment management services. The fund does not generate interest income directly; rather, the interest earned from the underlying bonds contributes to the overall return for investors.
What is Vanguard Intermediate-Term Bond ETF's credit quality and risk management approach?
Vanguard Intermediate-Term Bond ETF focuses on investing in investment-grade bonds, which are considered to have a lower risk of default. The fund's portfolio is diversified across a range of issuers and sectors, further mitigating credit risk. Vanguard employs a rigorous risk management framework to monitor the credit quality of its holdings and manage potential risks. This includes ongoing analysis of issuers' financial health and economic conditions to ensure the portfolio maintains its credit quality standards.
What are the key factors to evaluate for BIV?
Vanguard Intermediate-Term Bond ETF (BIV) holds an AI score of 44/100 (low). Not financial advice.
How frequently does BIV data refresh on this page?
BIV prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BIV's recent stock price performance?
Vanguard Intermediate-Term Bond ETF (BIV) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Low expense ratio. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for BIV. All information is based on publicly available data and should not be considered investment advice.