VTIIX vs. UDBPX

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Total International Bond II Index Fund Investor Class (VTIIX) and UBS Sustainable Development Bank Bond Fund (UDBPX).

VTIIX is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged. It was launched on Feb 17, 2021. UDBPX is managed by UBS. It was launched on Oct 23, 2018.

Performance

VTIIX vs. UDBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Bond II Index Fund Investor Class (VTIIX) and UBS Sustainable Development Bank Bond Fund (UDBPX). The values are adjusted to include any dividend payments, if applicable.

VTIIX vs. UDBPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VTIIX Vanguard Total International Bond II Index Fund Investor Class	-0.72%	2.95%	3.82%	8.72%	-13.03%	-0.52%
UDBPX UBS Sustainable Development Bank Bond Fund	0.17%	6.96%	1.55%	4.53%	-10.41%	-0.56%

Returns By Period

In the year-to-date period, VTIIX achieves a -0.72% return, which is significantly lower than UDBPX's 0.17% return.

VTIIX

• 1D: 0.35%
• 1M: -2.60%
• YTD: -0.72%
• 6M: -0.24%
• 1Y: 2.40%
• 3Y*: 3.68%
• 5Y*: 0.08%
• 10Y*: —

UDBPX

• 1D: 0.52%
• 1M: -1.32%
• YTD: 0.17%
• 6M: 1.08%
• 1Y: 4.33%
• 3Y*: 3.41%
• 5Y*: 0.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VTIIX vs. UDBPX - Expense Ratio Comparison

VTIIX has a 0.11% expense ratio, which is lower than UDBPX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

UDBPX

UBS Sustainable Development Bank Bond Fund

VTIIX

Vanguard Total International Bond II Index Fund Investor Class

Return for Risk

VTIIX vs. UDBPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTIIX

VTIIX Risk / Return Rank: 30
VTIIX Sharpe Ratio Rank: 31
VTIIX Sortino Ratio Rank: 27
VTIIX Omega Ratio Rank: 24
VTIIX Calmar Ratio Rank: 31
VTIIX Martin Ratio Rank: 35

UDBPX

UDBPX Risk / Return Rank: 73
UDBPX Sharpe Ratio Rank: 71
UDBPX Sortino Ratio Rank: 76
UDBPX Omega Ratio Rank: 60
UDBPX Calmar Ratio Rank: 87
UDBPX Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTIIX vs. UDBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond II Index Fund Investor Class (VTIIX) and UBS Sustainable Development Bank Bond Fund (UDBPX). 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.

	VTIIX	UDBPX	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.28	-0.53
Sortino ratio Return per unit of downside risk	1.06	1.93	-0.87
Omega ratio Gain probability vs. loss probability	1.14	1.24	-0.09
Calmar ratio Return relative to maximum drawdown	0.89	2.29	-1.40
Martin ratio Return relative to average drawdown	3.81	6.96	-3.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTIIX vs. UDBPX - Sharpe Ratio Comparison

The current VTIIX Sharpe Ratio is 0.75, which is lower than the UDBPX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of VTIIX and UDBPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VTIIX	UDBPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.28	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.11	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.45	-0.45

Correlation

The correlation between VTIIX and UDBPX is 0.74, 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.

Dividends

VTIIX vs. UDBPX - Dividend Comparison

VTIIX's dividend yield for the trailing twelve months is around 4.07%, more than UDBPX's 3.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
VTIIX Vanguard Total International Bond II Index Fund Investor Class	4.07%	4.21%	4.46%	4.16%	0.89%	0.58%	0.00%	0.00%	0.00%
UDBPX UBS Sustainable Development Bank Bond Fund	3.52%	3.12%	2.84%	2.15%	1.46%	1.03%	4.11%	2.69%	0.52%

Drawdowns

VTIIX vs. UDBPX - Drawdown Comparison

The maximum VTIIX drawdown since its inception was -15.95%, roughly equal to the maximum UDBPX drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for VTIIX and UDBPX.

Drawdown Indicators

	VTIIX	UDBPX	Difference
Max Drawdown Largest peak-to-trough decline	-15.95%	-15.45%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-2.94%	-1.94%	-1.00%
Max Drawdown (5Y) Largest decline over 5 years	-15.95%	-14.55%	-1.40%
Current Drawdown Current decline from peak	-2.60%	-1.32%	-1.28%
Average Drawdown Average peak-to-trough decline	-6.19%	-5.20%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	0.64%	+0.05%

Volatility

VTIIX vs. UDBPX - Volatility Comparison

Vanguard Total International Bond II Index Fund Investor Class (VTIIX) has a higher volatility of 1.50% compared to UBS Sustainable Development Bank Bond Fund (UDBPX) at 1.38%. This indicates that VTIIX's price experiences larger fluctuations and is considered to be riskier than UDBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTIIX	UDBPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.50%	1.38%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	2.13%	2.26%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	3.20%	3.83%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.47%	4.97%	-0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.45%	4.52%	-0.07%