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VGWAX vs. BNDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VGWAX vs. BNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Wellington Fund Admiral Shares (VGWAX) and Vanguard Total International Bond ETF (BNDX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.40%
3.95%
VGWAX
BNDX

Returns By Period

In the year-to-date period, VGWAX achieves a 7.59% return, which is significantly higher than BNDX's 2.99% return.


VGWAX

YTD

7.59%

1M

-1.88%

6M

2.46%

1Y

12.79%

5Y (annualized)

7.11%

10Y (annualized)

N/A

BNDX

YTD

2.99%

1M

0.00%

6M

3.77%

1Y

6.90%

5Y (annualized)

-0.08%

10Y (annualized)

2.00%

Key characteristics


VGWAXBNDX
Sharpe Ratio1.871.70
Sortino Ratio2.622.57
Omega Ratio1.341.30
Calmar Ratio3.430.62
Martin Ratio10.636.14
Ulcer Index1.19%1.14%
Daily Std Dev6.76%4.11%
Max Drawdown-25.28%-16.23%
Current Drawdown-2.65%-4.61%

Compare stocks, funds, or ETFs

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VGWAX vs. BNDX - Expense Ratio Comparison

VGWAX has a 0.29% expense ratio, which is higher than BNDX's 0.07% expense ratio.


VGWAX
Vanguard Global Wellington Fund Admiral Shares
Expense ratio chart for VGWAX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for BNDX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Correlation

-0.50.00.51.00.1

The correlation between VGWAX and BNDX is 0.13, 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.

Risk-Adjusted Performance

VGWAX vs. BNDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Admiral Shares (VGWAX) 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.


Sharpe ratio
The chart of Sharpe ratio for VGWAX, currently valued at 1.87, compared to the broader market-1.000.001.002.003.004.005.001.871.70
The chart of Sortino ratio for VGWAX, currently valued at 2.62, compared to the broader market0.005.0010.002.622.57
The chart of Omega ratio for VGWAX, currently valued at 1.34, compared to the broader market1.002.003.004.001.341.30
The chart of Calmar ratio for VGWAX, currently valued at 3.43, compared to the broader market0.005.0010.0015.0020.0025.003.430.62
The chart of Martin ratio for VGWAX, currently valued at 10.63, compared to the broader market0.0020.0040.0060.0080.00100.0010.636.14
VGWAX
BNDX

The current VGWAX Sharpe Ratio is 1.87, which is comparable to the BNDX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of VGWAX and BNDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.87
1.70
VGWAX
BNDX

Dividends

VGWAX vs. BNDX - Dividend Comparison

VGWAX's dividend yield for the trailing twelve months is around 3.15%, less than BNDX's 4.77% yield.


TTM20232022202120202019201820172016201520142013
VGWAX
Vanguard Global Wellington Fund Admiral Shares
3.15%2.62%2.05%1.80%1.64%1.92%2.42%0.23%0.00%0.00%0.00%0.00%
BNDX
Vanguard Total International Bond ETF
4.77%4.42%1.52%3.74%1.11%3.40%3.01%2.23%1.89%1.63%1.54%0.86%

Drawdowns

VGWAX vs. BNDX - Drawdown Comparison

The maximum VGWAX drawdown since its inception was -25.28%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for VGWAX and BNDX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.65%
-4.61%
VGWAX
BNDX

Volatility

VGWAX vs. BNDX - Volatility Comparison

Vanguard Global Wellington Fund Admiral Shares (VGWAX) has a higher volatility of 1.64% compared to Vanguard Total International Bond ETF (BNDX) at 0.79%. This indicates that VGWAX'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.


1.00%1.50%2.00%2.50%3.00%JuneJulyAugustSeptemberOctoberNovember
1.64%
0.79%
VGWAX
BNDX