Correlation
The correlation between VGCAX and BNDX is 0.06, 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.
VGCAX vs. BNDX
Compare and contrast key facts about Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) and Vanguard Total International Bond ETF (BNDX).
VGCAX is managed by Vanguard. It was launched on Nov 15, 2018. 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: VGCAX or BNDX.
Performance
VGCAX vs. BNDX - Performance Comparison
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Key characteristics
VGCAX:
1.63
BNDX:
1.73
VGCAX:
2.63
BNDX:
2.66
VGCAX:
1.31
BNDX:
1.33
VGCAX:
1.00
BNDX:
0.80
VGCAX:
7.18
BNDX:
8.29
VGCAX:
1.02%
BNDX:
0.83%
VGCAX:
4.14%
BNDX:
3.72%
VGCAX:
-18.63%
BNDX:
-16.23%
VGCAX:
-0.87%
BNDX:
-2.56%
Returns By Period
In the year-to-date period, VGCAX achieves a 2.25% return, which is significantly higher than BNDX's 1.57% return.
VGCAX
2.25%
0.58%
0.83%
6.68%
3.86%
1.31%
N/A
BNDX
1.57%
0.36%
0.59%
6.39%
3.12%
0.13%
2.16%
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VGCAX vs. BNDX - Expense Ratio Comparison
VGCAX has a 0.25% 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
VGCAX vs. BNDX — Risk-Adjusted Performance Rank
VGCAX
BNDX
VGCAX vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) 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.
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Dividends
VGCAX vs. BNDX - Dividend Comparison
VGCAX's dividend yield for the trailing twelve months is around 4.84%, more than BNDX's 4.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGCAX Vanguard Global Credit Bond Fund Admiral Shares | 4.84% | 4.65% | 4.49% | 2.72% | 3.16% | 4.65% | 6.88% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.49% | 4.18% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% |
Drawdowns
VGCAX vs. BNDX - Drawdown Comparison
The maximum VGCAX drawdown since its inception was -18.63%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for VGCAX and BNDX.
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Volatility
VGCAX vs. BNDX - Volatility Comparison
The current volatility for Vanguard Global Credit Bond Fund Admiral Shares (VGCAX) is 1.08%, while Vanguard Total International Bond ETF (BNDX) has a volatility of 1.22%. This indicates that VGCAX experiences smaller price fluctuations and is considered to be less risky than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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