Reliable operation of dc-dc converters is vital for many applications. An appropriate converter monitoring scheme is required for fault detection and adoption of effective remedial strategies. Switch faults and degradation of electrolytic capacitor account for a considerable portion of the converter failures. Although rate of diode failures is not remarkable, power switch may be damaged in case of diode fault occurrence. Furthermore, for applications in which a redundant switch is employed as a remedy, it will be also endangered by diode failures if diode fault detection has not been considered in the monitoring scheme. Therefore, diode condition monitoring improves reliability of the converter monitoring approaches. This paper presents a simple diagnosis technique for open-circuit and short-circuit faults of the switch and diode in nonisolated dc-dc converters. The technique only employs diode voltage as the detection signature. The diode voltage and gate driver signal are processed in a simple logic circuit to generate some indicators for switch and diode fault diagnosis. Basis of the technique is discussed in detail. Several experiments have been carried out on buck, boost, and buck-boost converters. The results confirm the technique capability for switch and diode fault diagnosis in less than one switching cycle.