PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions

Vanguard Total International Bond ETF (BNDX)

ETF · Currency in USD · Last updated Dec 2, 2023

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.

Summary

ETF Info

ISINUS92203J4076
CUSIP92203J407
IssuerVanguard
Inception DateMay 31, 2013
RegionDeveloped Markets (Broad)
CategoryTotal Bond Market
Index TrackedBarclays Global Aggregate ex-USD Float-Adjusted Index (Hedged)
ETF Home Pageadvisors.vanguard.com
Asset ClassBond

Expense Ratio

The Vanguard Total International Bond ETF has an expense ratio of 0.07% which is considered to be low.


0.07%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in Vanguard Total International Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.47%
7.29%
BNDX (Vanguard Total International Bond ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BNDX

Vanguard Total International Bond ETF

Popular comparisons: BNDX vs. BND, BNDX vs. BNDW, BNDX vs. IAGG, BNDX vs. IGOV, BNDX vs. SCHZ, BNDX vs. FBND, BNDX vs. VWOB, BNDX vs. VGSH, BNDX vs. BIV, BNDX vs. VTEB

Return

Vanguard Total International Bond ETF had a return of 6.03% year-to-date (YTD) and 2.53% in the last 12 months. Over the past 10 years, Vanguard Total International Bond ETF had an annualized return of 2.10%, while the S&P 500 had an annualized return of 9.87%, indicating that Vanguard Total International Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date6.03%19.67%
1 month3.48%8.42%
6 months2.47%7.29%
1 year2.53%12.71%
5 years (annualized)0.64%10.75%
10 years (annualized)2.10%9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.14%0.01%-0.13%0.21%-1.75%-0.15%3.43%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond ETF (BNDX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BNDX
Vanguard Total International Bond ETF
0.55
^GSPC
S&P 500
0.91

Sharpe Ratio

The current Vanguard Total International Bond ETF Sharpe ratio is 0.55. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.55
0.91
BNDX (Vanguard Total International Bond ETF)
Benchmark (^GSPC)

Dividend History

Vanguard Total International Bond ETF granted a 2.10% dividend yield in the last twelve months. The annual payout for that period amounted to $1.04 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$1.04$0.72$2.06$0.65$1.93$1.63$1.21$1.03$0.86$0.82$0.43

Dividend yield

2.10%1.51%3.74%1.11%3.40%3.01%2.23%1.89%1.63%1.54%0.86%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.06$0.06$0.07$0.07$0.07$0.08$0.08$0.08$0.08$0.08
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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-9.72%
-4.21%
BNDX (Vanguard Total International Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Total International Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Total International Bond ETF was 16.23%, occurring on Oct 20, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.23%Dec 14, 2020467Oct 20, 2022
-5.89%Mar 9, 20208Mar 18, 202093Jul 30, 2020101
-3.89%Apr 16, 201539Jun 10, 2015161Jan 29, 2016200
-3.38%Aug 31, 201672Dec 12, 2016228Nov 7, 2017300
-2.66%Jun 6, 201364Sep 5, 201341Nov 1, 2013105

Volatility Chart

The current Vanguard Total International Bond ETF volatility is 1.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
1.67%
2.79%
BNDX (Vanguard Total International Bond ETF)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
BNDApr 3, 20070.03%2.9%1.4%3.1%-18.8%0.3
BNDWSep 4, 20180.06%4.1%N/A2.6%-17.2%0.4
FBNDOct 6, 20140.36%3.7%N/A4.3%-17.3%0.4
IAGGNov 10, 20150.09%6.0%N/A2.2%-13.9%0.6

Portfolios with Vanguard Total International Bond ETF


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownExpense RatioSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
7Twelve Portfolio7.64%4.90%2.41%9.87%-22.46%0.14%0.57
Bogleheads Four-fund Portfolio14.85%7.51%2.20%13.69%-28.24%0.04%0.93
Roger Gibson Five Asset Portfolio7.61%5.26%2.42%11.96%-27.82%0.22%0.37