Vanguard Total International Bond ETF (BNDX)
BNDX, or the Vanguard Total International Bond ETF, is an exchange-traded fund (ETF) managed by Vanguard. It is designed to track the investment results of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged), which consists of a broad range of investment-grade bonds from around the world. This index is designed to provide investors with exposure to the global bond market, excluding U.S. dollar-denominated bonds. The index is also hedged to reduce the impact of currency fluctuations on returns.
BNDX was launched on May 31, 2013, and has a 0.07% expense ratio, which is considered low compared to other ETFs in the market, making it a low-cost option for those who want to diversify their portfolio and seek income from bonds.
BNDX is a passive ETF, which means that it tracks the performance of the underlying index rather than actively seeking to outperform it.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Vanguard Total International Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,030 for a total return of roughly 20.30%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Vanguard Total International Bond ETF had a return of 3.68% year-to-date (YTD) and -5.70% in the last 12 months. Over the past 10 years, Vanguard Total International Bond ETF had an annualized return of 1.91%, while the S&P 500 had an annualized return of 9.47%, indicating that Vanguard Total International Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.89% | -3.13% |
| Year-To-Date | 3.68% | 2.92% |
| 6 months | 1.54% | 2.02% |
| 1 year | -5.70% | -11.46% |
| 5 years (annualized) | 0.44% | 7.79% |
| 10 years (annualized) | 1.91% | 9.47% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.36% | -1.50% | ||||||||||
| 2022 | -2.89% | 0.54% | 2.43% | -2.75% |
Dividend History
Vanguard Total International Bond ETF granted a 1.71% dividend yield in the last twelve months. The annual payout for that period amounted to $0.84 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.84 | $0.72 | $2.06 | $0.65 | $1.93 | $1.63 | $1.21 | $1.03 | $0.86 | $0.82 | $0.43 |
Dividend yield | 1.71% | 1.52% | 3.80% | 1.17% | 3.63% | 3.32% | 2.53% | 2.20% | 1.93% | 1.85% | 1.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Total International Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.06 | ||||||||||
| 2022 | $0.00 | $0.05 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.28 |
| 2021 | $0.00 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $1.65 |
| 2020 | $0.00 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.18 |
| 2019 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $1.40 |
| 2018 | $0.00 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $1.15 |
| 2017 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.74 |
| 2016 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.47 |
| 2015 | $0.00 | $0.07 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.06 | $0.08 | $0.25 |
| 2014 | $0.00 | $0.06 | $0.06 | $0.07 | $0.07 | $0.06 | $0.06 | $0.08 | $0.06 | $0.06 | $0.07 | $0.18 |
| 2013 | $0.05 | $0.07 | $0.05 | $0.07 | $0.06 | $0.12 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Vanguard Total International Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Vanguard Total International Bond ETF is 16.23%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.23% | Dec 14, 2020 | 467 | Oct 20, 2022 | — | — | — |
| -5.89% | Mar 9, 2020 | 8 | Mar 18, 2020 | 93 | Jul 30, 2020 | 101 |
| -3.89% | Apr 16, 2015 | 39 | Jun 10, 2015 | 161 | Jan 29, 2016 | 200 |
| -3.38% | Aug 31, 2016 | 72 | Dec 12, 2016 | 228 | Nov 7, 2017 | 300 |
| -2.66% | Jun 6, 2013 | 64 | Sep 5, 2013 | 41 | Nov 1, 2013 | 105 |
| -2.21% | Sep 4, 2019 | 47 | Nov 7, 2019 | 69 | Feb 19, 2020 | 116 |
| -1.29% | Jul 20, 2018 | 55 | Oct 5, 2018 | 40 | Dec 3, 2018 | 95 |
| -1.17% | Dec 18, 2017 | 41 | Feb 15, 2018 | 24 | Mar 22, 2018 | 65 |
| -1.09% | Feb 3, 2015 | 6 | Feb 10, 2015 | 26 | Mar 19, 2015 | 32 |
| -0.99% | Aug 5, 2020 | 19 | Aug 31, 2020 | 28 | Oct 9, 2020 | 47 |
Volatility Chart
Current Vanguard Total International Bond ETF volatility is 10.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.
Alternatives
Portfolios with Vanguard Total International Bond ETF
| Portfolio Name | YTD Return | 10Y Return | Div. Yield | 10Y Volatility | Max. Drawdown | Sharpe Ratio | Expense Ratio |
|---|---|---|---|---|---|---|---|
| 7Twelve Portfolio | 1.02% | 4.60% | 2.47% | 9.92% | -22.46% | -0.58 | 0.14% |
| Bogleheads Four-fund Portfolio | 3.10% | 7.42% | 2.30% | 13.76% | -28.24% | -0.43 | 0.04% |
| Roger Gibson Five Asset Portfolio | -0.12% | 4.80% | 2.42% | 12.00% | -27.82% | -0.66 | 0.22% |