TNBMX vs. BND
Compare and contrast key facts about T. Rowe Price International Bond Fund (USD Hedged) (TNBMX) and Vanguard Total Bond Market ETF (BND).
TNBMX is managed by T. Rowe Price. It was launched on Sep 11, 2017. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNBMX or BND.
Correlation
The correlation between TNBMX and BND is 0.61, 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.
Performance
TNBMX vs. BND - Performance Comparison
Key characteristics
TNBMX:
2.06
BND:
0.94
TNBMX:
3.29
BND:
1.36
TNBMX:
1.40
BND:
1.16
TNBMX:
0.37
BND:
0.36
TNBMX:
9.92
BND:
2.36
TNBMX:
0.54%
BND:
2.05%
TNBMX:
2.60%
BND:
5.17%
TNBMX:
-21.17%
BND:
-18.84%
TNBMX:
-9.52%
BND:
-8.27%
Returns By Period
In the year-to-date period, TNBMX achieves a 0.49% return, which is significantly lower than BND's 1.19% return.
TNBMX
0.49%
0.97%
1.75%
5.09%
-1.24%
N/A
BND
1.19%
1.36%
-0.48%
4.16%
-0.53%
1.39%
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TNBMX vs. BND - Expense Ratio Comparison
TNBMX has a 0.53% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
TNBMX vs. BND — Risk-Adjusted Performance Rank
TNBMX
BND
TNBMX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Bond Fund (USD Hedged) (TNBMX) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
TNBMX vs. BND - Dividend Comparison
TNBMX's dividend yield for the trailing twelve months is around 3.16%, less than BND's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNBMX T. Rowe Price International Bond Fund (USD Hedged) | 3.16% | 3.13% | 2.59% | 2.17% | 1.59% | 1.50% | 1.95% | 1.78% | 0.31% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.67% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
TNBMX vs. BND - Drawdown Comparison
The maximum TNBMX drawdown since its inception was -21.17%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TNBMX and BND. For additional features, visit the drawdowns tool.
Volatility
TNBMX vs. BND - Volatility Comparison
The current volatility for T. Rowe Price International Bond Fund (USD Hedged) (TNBMX) is 0.59%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.30%. This indicates that TNBMX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.