DFGP vs. BNDX
Compare and contrast key facts about Dimensional Global Core Plus Fixed Income ETF (DFGP) and Vanguard Total International Bond ETF (BNDX).
DFGP and BNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFGP is an actively managed fund by Dimensional. It was launched on Nov 7, 2023. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFGP or BNDX.
Key characteristics
| DFGP | BNDX | |
|---|---|---|
| YTD Return | 5.20% | 3.41% |
| Daily Std Dev | 5.18% | 4.54% |
| Max Drawdown | -2.27% | -16.23% |
| Current Drawdown | 0.00% | -4.22% |
Correlation
The correlation between DFGP and BNDX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DFGP vs. BNDX - Performance Comparison
In the year-to-date period, DFGP achieves a 5.20% return, which is significantly higher than BNDX's 3.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFGP vs. BNDX - Expense Ratio Comparison
DFGP has a 0.22% expense ratio, which is higher than BNDX's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFGP vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Core Plus Fixed Income ETF (DFGP) and Vanguard Total International Bond ETF (BNDX). 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.
Not enough dataDividends
DFGP vs. BNDX - Dividend Comparison
DFGP's dividend yield for the trailing twelve months is around 2.16%, less than BNDX's 4.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFGP Dimensional Global Core Plus Fixed Income ETF | 2.16% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.67% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
DFGP vs. BNDX - Drawdown Comparison
The maximum DFGP drawdown since its inception was -2.27%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for DFGP and BNDX. For additional features, visit the drawdowns tool.
Volatility
DFGP vs. BNDX - Volatility Comparison
Dimensional Global Core Plus Fixed Income ETF (DFGP) has a higher volatility of 1.01% compared to Vanguard Total International Bond ETF (BNDX) at 0.86%. This indicates that DFGP's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.