Correlation
The correlation between TNBMX and BND is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
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.
Performance
TNBMX vs. BND - Performance Comparison
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Key characteristics
TNBMX:
2.20
BND:
1.10
TNBMX:
3.36
BND:
1.60
TNBMX:
1.44
BND:
1.19
TNBMX:
1.09
BND:
0.47
TNBMX:
11.56
BND:
2.79
TNBMX:
0.49%
BND:
2.11%
TNBMX:
2.59%
BND:
5.32%
TNBMX:
-15.34%
BND:
-18.84%
TNBMX:
-0.23%
BND:
-7.09%
Returns By Period
In the year-to-date period, TNBMX achieves a 1.46% return, which is significantly lower than BND's 2.49% return.
TNBMX
1.46%
-0.23%
1.15%
5.52%
3.01%
1.08%
N/A
BND
2.49%
-0.40%
0.77%
5.44%
1.52%
-1.00%
1.54%
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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.
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Dividends
TNBMX vs. BND - Dividend Comparison
TNBMX's dividend yield for the trailing twelve months is around 2.98%, less than BND's 3.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNBMX T. Rowe Price International Bond Fund (USD Hedged) | 2.98% | 3.13% | 2.59% | 10.82% | 2.83% | 1.89% | 3.30% | 8.19% | 0.64% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.74% | 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 -15.34%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TNBMX and BND.
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Volatility
TNBMX vs. BND - Volatility Comparison
The current volatility for T. Rowe Price International Bond Fund (USD Hedged) (TNBMX) is 0.83%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.52%. 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.
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