BNDW vs. QDV5.DE
BNDW (Vanguard Total World Bond ETF) and QDV5.DE (iShares MSCI India UCITS ETF USD (Acc)) are both exchange-traded funds - BNDW is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted Composite Index, while QDV5.DE is a Asia Pacific Equities fund tracking the MSCI India. Both are passively managed. Over the past 5 years, BNDW returned 0.18%/yr vs 3.58%/yr for QDV5.DE. At a 0.08 correlation, their price movements are largely independent. BNDW charges 0.05%/yr vs 0.65%/yr for QDV5.DE.
Performance
BNDW vs. QDV5.DE - Performance Comparison
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Different Trading Currencies
BNDW is traded in USD, while QDV5.DE is traded in EUR. To make them comparable, the QDV5.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNDW achieves a 0.76% return, which is significantly higher than QDV5.DE's -11.90% return.
BNDW
- 1D
- 0.03%
- 1M
- 0.68%
- YTD
- 0.76%
- 6M
- 1.04%
- 1Y
- 3.18%
- 3Y*
- 4.25%
- 5Y*
- 0.18%
- 10Y*
- —
QDV5.DE
- 1D
- 2.38%
- 1M
- 0.93%
- YTD
- -11.90%
- 6M
- -11.31%
- 1Y
- -13.14%
- 3Y*
- 5.11%
- 5Y*
- 3.58%
- 10Y*
- —
BNDW vs. QDV5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BNDW Vanguard Total World Bond ETF | 0.76% | 5.02% | 2.42% | 7.18% | -12.88% | -2.10% | 6.22% | 8.37% | 1.27% |
QDV5.DE iShares MSCI India UCITS ETF USD (Acc) | -11.90% | 3.85% | 8.94% | 18.55% | -7.15% | 24.44% | 13.56% | 8.20% | -3.57% |
Correlation
The correlation between BNDW and QDV5.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2018 | 0.08 |
The correlation between BNDW and QDV5.DE shifts across timeframes, from 0.08 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BNDW vs. QDV5.DE — Risk / Return Rank
BNDW
QDV5.DE
BNDW vs. QDV5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Bond ETF (BNDW) and iShares MSCI India UCITS ETF USD (Acc) (QDV5.DE). 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.
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.
| BNDW | QDV5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.89 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | -0.62 | +1.81 |
| Martin ratioReturn relative to average drawdown | 3.24 | -1.45 | +4.69 |
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Drawdowns
BNDW vs. QDV5.DE - Drawdown Comparison
The maximum BNDW drawdown since its inception was -17.22%, smaller than the maximum QDV5.DE drawdown of -42.70%. Use the drawdown chart below to compare losses from any high point for BNDW and QDV5.DE.
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Drawdown Indicators
| BNDW | QDV5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.22% | -42.70% | +25.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -21.08% | +18.38% |
Max Drawdown (3Y)Largest decline over 3 years | -4.27% | -25.43% | +21.16% |
Max Drawdown (5Y)Largest decline over 5 years | -16.93% | -25.43% | +8.50% |
Current DrawdownCurrent decline from peak | -1.20% | -20.10% | +18.90% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -8.85% | +3.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 9.06% | -8.07% |
Volatility
BNDW vs. QDV5.DE - Volatility Comparison
The current volatility for Vanguard Total World Bond ETF (BNDW) is 1.29%, while iShares MSCI India UCITS ETF USD (Acc) (QDV5.DE) has a volatility of 5.64%. This indicates that BNDW experiences smaller price fluctuations and is considered to be less risky than QDV5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNDW | QDV5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 5.64% | -4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 14.79% | -12.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 17.33% | -13.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.21% | 17.57% | -12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.90% | 22.41% | -17.51% |
BNDW vs. QDV5.DE - Expense Ratio Comparison
BNDW has a 0.05% expense ratio, which is lower than QDV5.DE's 0.65% expense ratio.
Dividends
BNDW vs. QDV5.DE - Dividend Comparison
BNDW's dividend yield for the trailing twelve months is around 4.20%, while QDV5.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BNDW Vanguard Total World Bond ETF | 4.20% | 4.12% | 3.90% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% |
QDV5.DE iShares MSCI India UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BNDW and QDV5.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BNDW is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BNDW is cheaper with a 0.05% expense ratio, compared with 0.65% for QDV5.DE.
BNDW is categorized as Global Bonds, while QDV5.DE is Asia Pacific Equities. BNDW tracks Bloomberg Global Aggregate Float Adjusted Composite Index, while QDV5.DE tracks MSCI India. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.05% for BNDW and 0.65% for QDV5.DE.
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