- Issuer
- Vanguard
- Inception Date
- Dec 4, 2015
- Category
- Total Bond Market
- Leveraged
- 1x (No leverage)
- Index Tracked
- Vanguard International Fixed Interest Index (Hedged) Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
VIF.AX Performance Chart
Vanguard International Fixed Interest Index (Hedged) ETF (VIF.AX) is down 0.7% since the beginning of the year. VIF.AX is currently trading at A$36 per share. Investors who bought A$1,000 worth of VIF.AX shares 5 years ago would now be looking at an investment worth A$931.
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Returns By Period
Vanguard International Fixed Interest Index (Hedged) ETF (VIF.AX) has returned -0.68% so far this year and 1.05% over the past 12 months. Over the last ten years, VIF.AX has returned 0.38% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.
Vanguard International Fixed Interest Index (Hedged) ETF
- 1D
- 0.31%
- 1M
- -0.47%
- 6M
- -0.14%
- YTD
- -0.68%
- 1Y
- 1.05%
- 3Y*
- 1.83%
- 5Y*
- -1.43%
- 10Y*
- 0.38%
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
VIF.AX Monthly Returns History
Based on dividend-adjusted daily data since Dec 4, 2015, VIF.AX's average daily return is +0.01%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.
Historically, 55% of months were positive and 45% were negative. The best month was Nov 2023 with a return of +3.3%, while the worst month was Sep 2022 at -3.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.
On a daily basis, VIF.AX closed higher 50% of trading days. The best single day was Mar 31, 2026 with a return of +3.7%, while the worst single day was Mar 19, 2020 at -3.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.64% | 1.68% | 1.14% | -3.40% | 0.78% | 0.83% | -0.97% | -0.68% | |||||
| 2025 | -0.18% | 1.17% | 0.07% | 0.41% | -0.51% | 0.67% | -0.23% | 0.36% | 0.62% | 0.71% | -0.28% | -0.26% | 2.58% |
| 2024 | -0.95% | -0.88% | 0.97% | -1.41% | -0.32% | 1.14% | 1.41% | 1.37% | 1.00% | -1.75% | 0.77% | -0.51% | 0.77% |
| 2023 | 1.60% | -1.56% | 2.35% | -0.11% | -0.21% | -0.23% | -0.46% | -0.42% | -1.82% | -0.60% | 3.28% | 2.81% | 4.57% |
| 2022 | -1.45% | -1.24% | -2.38% | -2.10% | -0.44% | -2.21% | 2.93% | -2.66% | -3.67% | 0.06% | 1.74% | -1.76% | -12.59% |
| 2021 | -0.50% | -2.59% | 0.09% | 0.09% | 0.14% | 0.25% | 1.67% | -0.13% | -1.29% | -0.27% | 0.82% | -0.63% | -2.40% |
Benchmark Metrics
Vanguard International Fixed Interest Index (Hedged) ETF has an annualized alpha of 1.00%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 04, 2015.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (3.72%) than losses (3.16%) - typical of diversified or defensive assets.
- Beta of -0.00 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.00%
- Beta
- -0.00
- R²
- 0.00
- Upside Capture
- 3.72%
- Downside Capture
- 3.16%
Return for Risk
Risk / Return Rank
VIF.AX ranks 12 for risk / return — in the bottom 12% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Vanguard International Fixed Interest Index (Hedged) ETF (VIF.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIF.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.24 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 1.11 | -0.86 |
| Martin ratioReturn relative to average drawdown | 0.59 | 3.10 | -2.51 |
Dividends
Dividend History
Vanguard International Fixed Interest Index (Hedged) ETF provided a 8.44% dividend yield over the last twelve months, with an annual payout of A$3.03 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$3.03 | A$0.82 | A$0.69 | A$0.52 | A$0.64 | A$4.15 | A$3.18 | A$1.16 | A$0.95 | A$4.66 | A$1.03 |
Dividend yield | 8.44% | 2.10% | 1.76% | 1.32% | 1.68% | 9.39% | 6.42% | 2.29% | 1.95% | 9.65% | 1.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard International Fixed Interest Index (Hedged) 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$1.29 | A$0.00 | A$0.00 | A$0.00 | A$1.58 | A$2.87 | |||||
| 2025 | A$0.20 | A$0.00 | A$0.19 | A$0.00 | A$0.00 | A$0.00 | A$0.27 | A$0.00 | A$0.00 | A$0.16 | A$0.00 | A$0.00 | A$0.82 |
| 2024 | A$0.21 | A$0.00 | A$0.00 | A$0.17 | A$0.00 | A$0.00 | A$0.19 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.69 |
| 2023 | A$0.13 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.16 | A$0.00 | A$0.00 | A$0.11 | A$0.00 | A$0.00 | A$0.52 |
| 2022 | A$0.14 | A$0.00 | A$0.00 | A$0.08 | A$0.00 | A$0.00 | A$0.35 | A$0.00 | A$0.00 | A$0.06 | A$0.00 | A$0.00 | A$0.64 |
| 2021 | A$1.00 | A$0.00 | A$0.00 | A$2.90 | A$0.00 | A$0.00 | A$0.19 | A$0.00 | A$0.00 | A$0.06 | A$0.00 | A$0.00 | A$4.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard International Fixed Interest Index (Hedged) 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 International Fixed Interest Index (Hedged) ETF was 16.71%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Vanguard International Fixed Interest Index (Hedged) ETF drawdown is 8.74%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-16.71%Oct 2023 | 3y 2mo | — | 5y 11moAug 2020 - now | — |
-7.14%Mar 2020 | 8d | 4mo 18d | 4mo 26dMar 2020 - Aug 2020 | COVID crash2020 |
-4.07%Mar 2017 | 8mo 6d | 9mo 24d | 1y 5moJul 2016 - Jan 2018 | — |
-3.00%Feb 2018 | 1mo 18d | 9mo 20d | 11mo 8dJan 2018 - Dec 2018 | — |
-2.67%Nov 2019 | 2mo 7d | 3mo 16d | 5mo 23dSep 2019 - Feb 2020 | — |
Drawdown Indicators
| VIF.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.71% | -41.07% | +24.36% |
Max Drawdown (1Y)Largest decline over 1 year | -4.13% | -11.69% | +7.56% |
Max Drawdown (3Y)Largest decline over 3 years | -4.13% | -17.74% | +13.61% |
Max Drawdown (5Y)Largest decline over 5 years | -15.87% | -22.01% | +6.14% |
Max Drawdown (10Y)Largest decline over 10 years | -16.71% | -24.71% | +8.00% |
Current DrawdownCurrent decline from peak | -8.74% | -0.60% | -8.14% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -11.02% | +5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 4.20% | -2.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with VIF.AX
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