VTIFX vs. BNDX
Compare and contrast key facts about Vanguard Total International Bond Index Fund Institutional Shares (VTIFX) and Vanguard Total International Bond ETF (BNDX).
VTIFX is managed by Vanguard. It was launched on May 31, 2013. 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: VTIFX or BNDX.
Key characteristics
| VTIFX | BNDX | |
|---|---|---|
| YTD Return | 2.82% | 2.78% |
| 1Y Return | 7.29% | 7.26% |
| 3Y Return (Ann) | -1.18% | -0.95% |
| 5Y Return (Ann) | -0.24% | -0.08% |
| 10Y Return (Ann) | 1.95% | 2.00% |
| Sharpe Ratio | 2.07 | 1.93 |
| Sortino Ratio | 3.24 | 2.96 |
| Omega Ratio | 1.37 | 1.34 |
| Calmar Ratio | 0.67 | 0.71 |
| Martin Ratio | 8.03 | 7.14 |
| Ulcer Index | 1.00% | 1.13% |
| Daily Std Dev | 3.89% | 4.19% |
| Max Drawdown | -16.74% | -16.23% |
| Current Drawdown | -5.50% | -4.80% |
Correlation
The correlation between VTIFX and BNDX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VTIFX vs. BNDX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VTIFX having a 2.82% return and BNDX slightly lower at 2.78%. Both investments have delivered pretty close results over the past 10 years, with VTIFX having a 1.95% annualized return and BNDX not far ahead at 2.00%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VTIFX vs. BNDX - Expense Ratio Comparison
Both VTIFX and BNDX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VTIFX vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond Index Fund Institutional Shares (VTIFX) 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.
Dividends
VTIFX vs. BNDX - Dividend Comparison
VTIFX's dividend yield for the trailing twelve months is around 4.80%, which matches BNDX's 4.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTIFX Vanguard Total International Bond Index Fund Institutional Shares | 4.80% | 4.44% | 1.52% | 3.07% | 0.97% | 3.41% | 3.04% | 2.29% | 1.95% | 1.68% | 1.60% | 0.90% |
BNDX Vanguard Total International Bond ETF | 4.78% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
VTIFX vs. BNDX - Drawdown Comparison
The maximum VTIFX drawdown since its inception was -16.74%, roughly equal to the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for VTIFX and BNDX. For additional features, visit the drawdowns tool.
Volatility
VTIFX vs. BNDX - Volatility Comparison
Vanguard Total International Bond Index Fund Institutional Shares (VTIFX) and Vanguard Total International Bond ETF (BNDX) have volatilities of 0.98% and 0.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.