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Vanguard Total International Bond Index Fund (VTIBX) Sharpe Ratio: 0.71

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks to track the performance of a benchmark index that measures the investment return of non-U.S. dollar-denominated investment-grade bonds. The fund employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). This index provides a broad-based measure of the global, investment-grade, fixed-rate debt markets. It is non-diversified.

VTIBX's Sharpe Ratio of 0.71 indicates that for each unit of volatility, it generates 0.71 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

VTIBX Sharpe Ratio Rank

VTIBX Sharpe Ratio Rank: 9.09
Concerning

VTIBX ranks above 9.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

VTIBX Sharpe Ratio Market Positioning

The chart shows VTIBX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.32+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Vanguard Total International Bond Index Fund's Sharpe Ratio with other mutual funds in the Global Bonds category across multiple time periods, showing how VTIBX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DGFFXDestinations Global Fixed Income Opportunities Fund3.80
EAIIXEaton Vance Global Bond Fund2.97
PRSNXT. Rowe Price Global Multi-Sector Bond Fund2.80
DFSHXDFA Selectively Hedged Global Fixed Income Portfolio2.50
PYGSXPayden Global Low Duration Fund2.42
SAXIXSA Global Fixed Income Fund2.25
HFADXJanus Henderson Developed World Bond Fund Class D2.16
HFAAXJanus Henderson Developed World Bond Fund2.11
DAIOXDunham International Opportunity Bond Fund1.92
FCDSXFidelity Series International Credit Fund1.80
VTIBXVanguard Total International Bond Index Fund0.71

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows VTIBX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when VTIBX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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