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DVY vs. BNDX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DVY vs. BNDX

Last updated Jun 13, 2026

DVY (iShares Select Dividend ETF) and BNDX (Vanguard Total International Bond ETF) are both exchange-traded funds - DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index, while BNDX is a Global Bonds fund tracking the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). Both are passively managed. Over the past 10 years, DVY returned 10.49%/yr vs 1.72%/yr for BNDX. At a 0.01 correlation, their price movements are largely independent. DVY charges 0.39%/yr vs 0.07%/yr for BNDX.

Performance

DVY vs. BNDX - Performance Comparison

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

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Returns By Period

In the year-to-date period, DVY achieves a 13.40% return, which is significantly higher than BNDX's 1.02% return. Over the past 10 years, DVY has outperformed BNDX with an annualized return of 10.49%, while BNDX has yielded a comparatively lower 1.72% annualized return.

DVY

1D
1.18%
1M
4.47%
YTD
13.40%
6M
12.29%
1Y
24.31%
3Y*
15.86%
5Y*
9.31%
10Y*
10.49%

BNDX

1D
0.17%
1M
0.99%
YTD
1.02%
6M
1.22%
1Y
1.94%
3Y*
4.32%
5Y*
0.32%
10Y*
1.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DVY vs. BNDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DVY
iShares Select Dividend ETF		13.40%11.60%16.24%1.12%1.80%31.70%-4.91%22.62%-6.36%14.82%
BNDX
Vanguard Total International Bond ETF		1.02%2.86%3.57%8.77%-12.76%-2.29%4.65%7.87%2.81%2.40%

Correlation

The correlation between DVY and BNDX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.22

Correlation (5Y)
Calculated over the trailing 5-year period

0.13

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2013

0.01

Over the past year, DVY and BNDX have become more correlated (0.25) than their long-term average of 0.01, meaning their price movements have been converging.

DVY vs. BNDX - Sectors Allocation Comparison

Sectors
DVY
BNDX

Financial Services

24.9%
0.0%

Utilities

24.2%
0.0%

Consumer Defensive

13.5%

-

Consumer Cyclical

9.4%

-

Energy

9.1%
0.0%

Communication Services

6.0%
0.0%

Healthcare

5.0%
0.0%

Technology

3.4%

-

Basic Materials

2.3%

-

Industrials

2.1%
0.0%

Real Estate

-

0.0%

Financial Services

DVY
24.9%
BNDX
0.0%

Utilities

DVY
24.2%
BNDX
0.0%

Consumer Defensive

DVY
13.5%
BNDX

-

Consumer Cyclical

DVY
9.4%
BNDX

-

Energy

DVY
9.1%
BNDX
0.0%

Communication Services

DVY
6.0%
BNDX
0.0%

Healthcare

DVY
5.0%
BNDX
0.0%

Technology

DVY
3.4%
BNDX

-

Basic Materials

DVY
2.3%
BNDX

-

Industrials

DVY
2.1%
BNDX
0.0%

Real Estate

DVY

-

BNDX
0.0%

Compare stocks, funds, or ETFs

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

iShares Select Dividend ETF

Vanguard Total International Bond ETF

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Often compared with BNDX:
BNDX vs. BNDBNDX vs. BNDWBNDX vs. VTABXBNDX vs. IAGGBNDX vs. FBIIXBNDX vs. IGOVBNDX vs. VWOB

Return for Risk

DVY vs. BNDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DVY
DVY Risk / Return Rank: 7878
Overall Rank
DVY Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
DVY Sortino Ratio Rank: 8282
Sortino Ratio Rank
DVY Omega Ratio Rank: 7474
Omega Ratio Rank
DVY Calmar Ratio Rank: 7878
Calmar Ratio Rank
DVY Martin Ratio Rank: 7676
Martin Ratio Rank
BNDX
BNDX Risk / Return Rank: 1818
Overall Rank
BNDX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BNDX Sortino Ratio Rank: 1818
Sortino Ratio Rank
BNDX Omega Ratio Rank: 1818
Omega Ratio Rank
BNDX Calmar Ratio Rank: 1818
Calmar Ratio Rank
BNDX Martin Ratio Rank: 1919
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.

DVY vs. BNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Select Dividend ETF (DVY) 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.

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.

DVYBNDXDifference
Sharpe ratioReturn per unit of total volatility
2.19
0.56

+1.63

Sortino ratioReturn per unit of downside risk
3.19
0.82

+2.37

Omega ratioGain probability vs. loss probability

1.37

1.10

+0.27

Calmar ratioReturn relative to maximum drawdown

3.54

0.66

+2.88

Martin ratioReturn relative to average drawdown

12.51

1.84

+10.66

DVY vs. BNDX - Sharpe Ratio Comparison

The current DVY Sharpe Ratio is 2.19, which is higher than the BNDX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of DVY and BNDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DVY vs. BNDX - Drawdown Comparison

The maximum DVY drawdown since its inception was -62.59%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for DVY and BNDX.

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Drawdown Indicators

DVYBNDXDifference

Max Drawdown

Largest peak-to-trough decline

-62.59%

-16.23%

-46.36%

Max Drawdown (1Y)

Largest decline over 1 year

-6.89%

-2.93%

-3.96%

Max Drawdown (3Y)

Largest decline over 3 years

-16.00%

-2.93%

-13.07%

Max Drawdown (5Y)

Largest decline over 5 years

-17.54%

-15.86%

-1.68%

Max Drawdown (10Y)

Largest decline over 10 years

-41.59%

-16.23%

-25.36%

Current Drawdown

Current decline from peak

0.00%

-1.02%

+1.02%

Average Drawdown

Average peak-to-trough decline

-8.78%

-3.10%

-5.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

1.05%

+0.90%

Volatility

DVY vs. BNDX - Volatility Comparison

iShares Select Dividend ETF (DVY) has a higher volatility of 2.94% compared to Vanguard Total International Bond ETF (BNDX) at 1.49%. This indicates that DVY'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.

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Volatility by Period

DVYBNDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.94%

1.49%

+1.45%

Volatility (6M)

Calculated over the trailing 6-month period

7.54%

2.96%

+4.58%

Volatility (1Y)

Calculated over the trailing 1-year period

11.16%

3.47%

+7.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.22%

4.89%

+10.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.01%

4.10%

+13.91%

DVY vs. BNDX - Expense Ratio Comparison

DVY has a 0.39% expense ratio, which is higher than BNDX's 0.07% expense ratio.

Dividends

DVY vs. BNDX - Dividend Comparison

DVY's dividend yield for the trailing twelve months is around 3.30%, less than BNDX's 4.47% yield.

PositionTTM20252024202320222021202020192018201720162015
BNDX
Vanguard Total International Bond ETF		4.47%4.39%4.18%4.42%1.51%3.74%1.11%3.40%3.01%2.23%1.89%1.63%
DVY
iShares Select Dividend ETF		3.30%3.65%3.65%3.82%3.43%3.12%3.66%3.41%3.58%3.00%3.04%3.45%

Frequently Asked Questions

DVY and BNDX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DVY has higher volatility (2.94%) compared to BNDX (1.49%). In terms of maximum drawdown, DVY dropped -62.59% vs BNDX's -16.23%.

On 10-year performance, DVY leads with 10.49% vs 1.72% for BNDX. On fees, BNDX is cheaper at 0.07% per year. On volatility, BNDX has been the lower-risk option at 1.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, DVY has performed better with a 10.49% return vs 1.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BNDX is cheaper with a 0.07% expense ratio, compared with 0.39% for DVY.

BNDX has the higher dividend yield at 4.47%, compared with 3.30% for DVY.

DVY is categorized as Large Cap Value Equities, while BNDX is Global Bonds. DVY tracks Dow Jones U.S. Select Dividend Index, while BNDX tracks Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.39% for DVY and 0.07% for BNDX.

DVY currently has the higher Sharpe Ratio (2.19 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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