EUIG vs. BNDX
EUIG (iShares Euro Investment Grade Corporate Bond USD Hedged ETF) and BNDX (Vanguard Total International Bond ETF) are both exchange-traded funds - EUIG is a European Corporate Bonds fund tracking the BBG Euro Corporate Index, 100% USD Hedged, 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. A 0.59 correlation means they provide meaningful diversification when combined. EUIG charges 0.18%/yr vs 0.07%/yr for BNDX.
Performance
EUIG vs. BNDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUIG achieves a 1.18% return, which is significantly higher than BNDX's 0.54% return.
EUIG
- 1D
- 0.03%
- 1M
- 0.90%
- YTD
- 1.18%
- 6M
- 1.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BNDX
- 1D
- -0.35%
- 1M
- 0.63%
- YTD
- 0.54%
- 6M
- 0.23%
- 1Y
- 1.82%
- 3Y*
- 4.03%
- 5Y*
- 0.33%
- 10Y*
- 1.68%
EUIG vs. BNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.18% | -0.10% |
BNDX Vanguard Total International Bond ETF | 0.54% | -0.50% |
Correlation
The correlation between EUIG and BNDX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025 | 0.59 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUIG vs. BNDX — Risk / Return Rank
EUIG
BNDX
EUIG vs. BNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| EUIG | BNDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.53 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.07 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.61 | +0.02 |
Drawdowns
EUIG vs. BNDX - Drawdown Comparison
The maximum EUIG drawdown since its inception was -2.32%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for EUIG and BNDX.
Loading charts...
Drawdown Indicators
| EUIG | BNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.32% | -16.23% | +13.91% |
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 DrawdownCurrent decline from peak | -0.30% | -1.49% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -0.57% | -3.09% | +2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.02% | — |
Volatility
EUIG vs. BNDX - Volatility Comparison
Loading charts...
Volatility by Period
| EUIG | BNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 3.43% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 4.88% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.07% | 4.09% | -1.02% |
EUIG vs. BNDX - Expense Ratio Comparison
EUIG has a 0.18% 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%.
Dividends
EUIG vs. BNDX - Dividend Comparison
EUIG's dividend yield for the trailing twelve months is around 1.60%, less than BNDX's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDX Vanguard Total International Bond ETF | 4.49% | 4.39% | 4.18% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% |
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.60% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUIG and BNDX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BNDX is cheaper with a 0.07% expense ratio, compared with 0.18% for EUIG.
BNDX has the higher dividend yield at 4.49%, compared with 1.60% for EUIG.
EUIG is categorized as European Corporate Bonds, while BNDX is Global Bonds. EUIG tracks BBG Euro Corporate Index, 100% USD Hedged, 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: 0.18% for EUIG and 0.07% for BNDX.
Find the right allocation for EUIG and BNDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer