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BNDW vs. VAGF.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BNDW vs. VAGF.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Total World Bond ETF (BNDW) and Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE).

BNDW and VAGF.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. It was launched on Sep 4, 2018. VAGF.DE is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate Float Adjusted and Scaled (EUR Hedged). It was launched on Jun 18, 2019. Both BNDW and VAGF.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BNDW vs. VAGF.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total World Bond ETF (BNDW) and Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE). The values are adjusted to include any dividend payments, if applicable.

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BNDW vs. VAGF.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
BNDW
Vanguard Total World Bond ETF		0.09%5.02%2.42%7.18%-12.88%-2.10%6.22%2.13%
VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		-1.92%16.54%-4.95%7.83%-19.53%-10.63%15.34%-0.10%
Different Trading Currencies

BNDW is traded in USD, while VAGF.DE is traded in EUR. To make them comparable, the VAGF.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 0.09% return, which is significantly higher than VAGF.DE's -1.92% return.

BNDW

1D
0.13%
1M
-1.46%
YTD
0.09%
6M
0.53%
1Y
3.34%
3Y*
3.77%
5Y*
0.23%
10Y*
—

VAGF.DE

1D
0.82%
1M
-2.22%
YTD
-1.92%
6M
-1.37%
1Y
8.56%
3Y*
4.23%
5Y*
-1.94%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Total World Bond ETF

Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc

Often compared with BNDW:
BNDW vs. BNDBNDW vs. BNDXBNDW vs. VTBNDW vs. VGITBNDW vs. VOOBNDW vs. AGGG.LBNDW vs. SCHZ
Often compared with VAGF.DE:
VAGF.DE vs. EUNA.DEVAGF.DE vs. BNDVAGF.DE vs. AGGVAGF.DE vs. VAGE.DEVAGF.DE vs. VWCE.DEVAGF.DE vs. VECA.DEVAGF.DE vs. VUTA.L

BNDW vs. VAGF.DE - Expense Ratio Comparison

BNDW has a 0.05% expense ratio, which is lower than VAGF.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc
BNDW
Vanguard Total World Bond ETF

Return for Risk

BNDW vs. VAGF.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BNDW
BNDW Risk / Return Rank: 4747
Overall Rank
BNDW Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
BNDW Sortino Ratio Rank: 4747
Sortino Ratio Rank
BNDW Omega Ratio Rank: 4141
Omega Ratio Rank
BNDW Calmar Ratio Rank: 5050
Calmar Ratio Rank
BNDW Martin Ratio Rank: 4949
Martin Ratio Rank
VAGF.DE
VAGF.DE Risk / Return Rank: 1919
Overall Rank
VAGF.DE Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
VAGF.DE Sortino Ratio Rank: 1616
Sortino Ratio Rank
VAGF.DE Omega Ratio Rank: 1515
Omega Ratio Rank
VAGF.DE Calmar Ratio Rank: 2222
Calmar Ratio Rank
VAGF.DE Martin Ratio Rank: 2222
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.

BNDW vs. VAGF.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total World Bond ETF (BNDW) and Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.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.

BNDWVAGF.DEDifference

Sharpe ratio

Return per unit of total volatility

0.95

0.87

+0.08

Sortino ratio

Return per unit of downside risk

1.34

1.38

-0.04

Omega ratio

Gain probability vs. loss probability

1.17

1.16

+0.01

Calmar ratio

Return relative to maximum drawdown

1.35

1.38

-0.04

Martin ratio

Return relative to average drawdown

4.95

4.04

+0.90

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNDW vs. VAGF.DE - Sharpe Ratio Comparison

The current BNDW Sharpe Ratio is 0.95, which is comparable to the VAGF.DE Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of BNDW and VAGF.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

BNDWVAGF.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

0.87

+0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

-0.19

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

-0.05

+0.42

Correlation

The correlation between BNDW and VAGF.DE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BNDW vs. VAGF.DE - Dividend Comparison

BNDW's dividend yield for the trailing twelve months is around 4.18%, while VAGF.DE has not paid dividends to shareholders.

TTM20252024202320222021202020192018
BNDW
Vanguard Total World Bond ETF		4.18%4.12%3.90%3.73%2.02%2.58%1.56%3.05%1.66%
VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BNDW vs. VAGF.DE - Drawdown Comparison

The maximum BNDW drawdown since its inception was -17.22%, smaller than the maximum VAGF.DE drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for BNDW and VAGF.DE.

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Drawdown Indicators

BNDWVAGF.DEDifference

Max Drawdown

Largest peak-to-trough decline

-17.22%

-19.57%

+2.35%

Max Drawdown (1Y)

Largest decline over 1 year

-2.70%

-2.93%

+0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-16.93%

-18.79%

+1.86%

Current Drawdown

Current decline from peak

-1.85%

-10.68%

+8.83%

Average Drawdown

Average peak-to-trough decline

-5.05%

-8.95%

+3.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.73%

0.92%

-0.19%

Volatility

BNDW vs. VAGF.DE - Volatility Comparison

The current volatility for Vanguard Total World Bond ETF (BNDW) is 1.67%, while Vanguard Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (VAGF.DE) has a volatility of 3.11%. This indicates that BNDW experiences smaller price fluctuations and is considered to be less risky than VAGF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BNDWVAGF.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.67%

3.11%

-1.44%

Volatility (6M)

Calculated over the trailing 6-month period

2.29%

5.47%

-3.18%

Volatility (1Y)

Calculated over the trailing 1-year period

3.53%

9.81%

-6.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.17%

9.87%

-4.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.92%

9.56%

-4.64%