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Issuer
Vanguard
Inception Date
Dec 4, 2015
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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%
20231.60%-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
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.


VIF.AX Risk / Return Rank: 1212
Overall Rank
VIF.AX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
VIF.AX Sortino Ratio Rank: 1111
Sortino Ratio Rank
VIF.AX Omega Ratio Rank: 1212
Omega Ratio Rank
VIF.AX Calmar Ratio Rank: 1212
Calmar Ratio Rank
VIF.AX Martin Ratio Rank: 1313
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.AXBenchmarkDifference
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.


2.00%4.00%6.00%8.00%10.00%A$0.00A$1.00A$2.00A$3.00A$4.00A$5.002016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
DividendA$3.03A$0.82A$0.69A$0.52A$0.64A$4.15A$3.18A$1.16A$0.95A$4.66A$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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026A$0.00A$0.00A$1.29A$0.00A$0.00A$0.00A$1.58A$2.87
2025A$0.20A$0.00A$0.19A$0.00A$0.00A$0.00A$0.27A$0.00A$0.00A$0.16A$0.00A$0.00A$0.82
2024A$0.21A$0.00A$0.00A$0.17A$0.00A$0.00A$0.19A$0.00A$0.00A$0.12A$0.00A$0.00A$0.69
2023A$0.13A$0.00A$0.00A$0.12A$0.00A$0.00A$0.16A$0.00A$0.00A$0.11A$0.00A$0.00A$0.52
2022A$0.14A$0.00A$0.00A$0.08A$0.00A$0.00A$0.35A$0.00A$0.00A$0.06A$0.00A$0.00A$0.64
2021A$1.00A$0.00A$0.00A$2.90A$0.00A$0.00A$0.19A$0.00A$0.00A$0.06A$0.00A$0.00A$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
8d4mo 18d
4mo 26dMar 2020 - Aug 2020
COVID crash2020
-4.07%Mar 2017
8mo 6d9mo 24d
1y 5moJul 2016 - Jan 2018
-3.00%Feb 2018
1mo 18d9mo 20d
11mo 8dJan 2018 - Dec 2018
-2.67%Nov 2019
2mo 7d3mo 16d
5mo 23dSep 2019 - Feb 2020

Drawdown Indicators


VIF.AXBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-8.74%

-0.60%

-8.14%

Average Drawdown

Average peak-to-trough decline

-5.48%

-11.02%

+5.54%

Ulcer Index

Depth 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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Portfolio Analyzer

Build a portfolio with VIF.AX

Add Vanguard International Fixed Interest Index (Hedged) ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with VIF.AX