BNDX vs. NXUS

Last updated Aug 2, 2026

BNDX (Vanguard Total International Bond ETF) and NXUS (Nuveen International Aggregate Bond ETF) are both Global Bonds funds - BNDX tracks the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (Hedged) while NXUS tracks the Bloomberg Global Aggregate ex-USD Index (USD Hedged). Both are passively managed. Their correlation of 0.84 means they have usually moved in the same direction. BNDX charges 0.07%/yr vs 0.08%/yr for NXUS.

Performance

BNDX vs. NXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Bond ETF (BNDX) and Nuveen International Aggregate Bond ETF (NXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with BNDX at 0.22% and NXUS at 0.22%.

BNDX

• 1D: -0.23%
• 1M: -0.97%
• 6M: -0.29%
• YTD: 0.22%
• 1Y: 0.83%
• 3Y*: 4.00%
• 5Y*: -0.07%
• 10Y*: 1.51%
• ALL TIME*: 2.25%

NXUS

• 1D: -0.24%
• 1M: -0.98%
• 6M: -0.36%
• YTD: 0.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNDX Vanguard Total International Bond ETF	$159.93M	$187.29M	$236.21M
NXUS Nuveen International Aggregate Bond ETF	$4.81M	$3.59M	$4.71M

BNDX vs. NXUS - Yearly Performance Comparison

	2026 (YTD)	2025
BNDX Vanguard Total International Bond ETF	0.22%	0.46%
NXUS Nuveen International Aggregate Bond ETF	0.22%	0.45%

Correlation

The correlation between BNDX and NXUS is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.84

Return for Risk

BNDX vs. NXUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BNDX

BNDX Risk / Return Rank: 17
BNDX Sharpe Ratio Rank: 19
BNDX Sortino Ratio Rank: 16
BNDX Omega Ratio Rank: 16
BNDX Calmar Ratio Rank: 18
BNDX Martin Ratio Rank: 18

NXUS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BNDX vs. NXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond ETF (BNDX) and Nuveen International Aggregate Bond ETF (NXUS). 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.

	BNDX	NXUS	Difference
Sharpe ratio: Return per unit of total volatility	0.34	—	—
Sortino ratio: Return per unit of downside risk	0.50	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.41	—	—
Martin ratio: Return relative to average drawdown	1.04	—	—

Drawdowns

BNDX vs. NXUS - Drawdown Comparison

The maximum BNDX drawdown since its inception was -16.23%, which is greater than NXUS's maximum drawdown of -2.81%. Use the drawdown chart below to compare losses from any high point for BNDX and NXUS.

Drawdown Indicators

	BNDX	NXUS	Difference
Max Drawdown Largest peak-to-trough decline	-16.23%	-2.81%	-13.42%
Max Drawdown (1Y) Largest decline over 1 year	-2.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.23%	—	—
Current Drawdown Current decline from peak	-1.80%	-1.59%	-0.21%
Average Drawdown Average peak-to-trough decline	-3.08%	-0.93%	-2.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	—	—

Volatility

Volatility by Period

	BNDX	NXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.53%	3.66%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.90%	3.66%	+1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.09%	3.66%	+0.43%

BNDX vs. NXUS - Expense Ratio Comparison

BNDX has a 0.07% expense ratio, which is lower than NXUS's 0.08% 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%.

Dividends

BNDX vs. NXUS - Dividend Comparison

BNDX's dividend yield for the trailing twelve months is around 4.53%, more than NXUS's 1.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNDX Vanguard Total International Bond ETF	4.31%	4.39%	4.18%	4.42%	1.51%	3.74%	1.11%	3.40%	3.01%	2.23%	1.89%	1.63%
NXUS Nuveen International Aggregate Bond ETF	1.96%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BNDX and NXUS in my portfolio?

BNDX and NXUS have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BNDX or NXUS?

On fees, BNDX is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNDX or NXUS?

BNDX is cheaper with a 0.07% expense ratio, compared with 0.08% for NXUS.

Which ETF pays a higher dividend yield, BNDX or NXUS?

BNDX has the higher dividend yield at 4.31%, compared with 1.96% for NXUS.

What is the main difference between BNDX and NXUS?

BNDX tracks Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (Hedged), while NXUS tracks Bloomberg Global Aggregate ex-USD Index (USD Hedged). They also come from different issuers: Vanguard and Nuveen. Their fees differ too: 0.07% for BNDX and 0.08% for NXUS.