BLV vs SPLB
Vanguard Long-Term Bond Index Fund ETF Shares compared with State Street SPDR Portfolio Long Term Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
BLV
Vanguard Long-Term Bond Index Fund ETF Shares
TTM yield · Monthly
SPLB
State Street SPDR Portfolio Long Term Corporate Bond ETF
TTM yield · Monthly
Quick take
- SPLB yields more today: 5.64% vs 4.99% (forward).
- SPLB has grown its payout faster: 4.8%/yr vs 1.4%/yr over the last 5 years.
- Both pay every month.
- Over the last year BLV delivered the higher total return: +0.2% vs +0.1% (price change plus payouts).
- BLV is cheaper to own: 0.03% vs 0.04% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BLV | SPLB |
|---|---|---|
| Share price | $65.79 | $21.30 |
| TTM yield | 4.99% | 5.64% |
| Forward yield | 4.99% | 5.64% |
| Annual payout per share | $3.286 | $1.202 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.03% | 0.04% |
| 1-year payout growth | +1.7% | +1.3% |
| 5-year payout CAGR | +1.4% | +4.8% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 97/100 | 98/100 |
| 1-year total return | +0.2% | +0.1% |
| 1-year price return | -4.6% | -5.2% |
| Size (market cap / AUM) | 8.3B | 1.3B |
| Years paying | 19.4 | 17.4 |
| Sector / category | Long-Term Bond | Long-Term Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BLV | SPLB | |
|---|---|---|
| Shares | 152.0 | 469.5 |
| Income per year | $499 | $564 |
| Income per month (avg) | $42 | $47 |
At forward yields, before taxes. Model BLV · Model SPLB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BLV Oct 1, 2026 | Oct 15, 2026 | $0.2738 | Est. |
| BLV Oct 31, 2026 | Nov 14, 2026 | $0.2738 | Est. |
| BLV Nov 30, 2026 | Dec 14, 2026 | $0.2738 | Est. |
| SPLB Oct 1, 2026 | Oct 15, 2026 | $0.1002 | Est. |
| SPLB Oct 31, 2026 | Nov 14, 2026 | $0.1002 | Est. |
| SPLB Nov 30, 2026 | Dec 14, 2026 | $0.1002 | Est. |
Annual payouts per share
BLVSPLB
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BLV or SPLB?
SPLB currently has the higher trailing yield: BLV yields 4.99% and SPLB yields 5.64%. Yield changes daily with price, so check the live figures above.
How often do BLV and SPLB pay?
BLV pays every month and SPLB pays every month. BLV's next ex-date is Oct 1, 2026 and SPLB's is Oct 1, 2026.
Which has grown its dividend faster, BLV or SPLB?
SPLB has grown its payout faster: 4.8%/yr vs 1.4%/yr over the last 5 years.
Is BLV or SPLB better for income?
It depends on what you are optimising for. BLV and SPLB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.