VTILX vs. VTABX

Last updated Jun 4, 2026

VTILX (Vanguard Total International Bond II Index Fund) and VTABX (Vanguard Total International Bond Index Fund Admiral Shares) are both mutual funds - VTILX is a Global Bonds fund tracking the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged), while VTABX is a Total Bond Market fund managed by Vanguard. Over the past 5 years, VTILX returned 0.45%/yr vs 0.44%/yr for VTABX. With a 0.99 correlation, they move nearly in lockstep. VTILX charges 0.07%/yr vs 0.11%/yr for VTABX.

Performance

VTILX vs. VTABX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with VTILX having a 0.68% return and VTABX slightly lower at 0.66%.

VTILX

• 1D: 0.08%
• 1M: 0.94%
• YTD: 0.68%
• 6M: 0.57%
• 1Y: 2.19%
• 3Y*: 4.18%
• 5Y*: 0.45%
• 10Y*: —

VTABX

• 1D: 0.05%
• 1M: 0.97%
• YTD: 0.66%
• 6M: 0.55%
• 1Y: 2.16%
• 3Y*: 4.16%
• 5Y*: 0.44%
• 10Y*: 1.82%

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

VTILX vs. VTABX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VTILX Vanguard Total International Bond II Index Fund	0.68%	2.96%	3.91%	8.85%	-13.01%	0.38%
VTABX Vanguard Total International Bond Index Fund Admiral Shares	0.66%	2.96%	3.92%	8.77%	-12.92%	0.37%

Correlation

The correlation between VTILX and VTABX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Feb 26, 2021	0.99

The correlation between VTILX and VTABX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

VTILX vs. VTABX — Risk / Return Rank

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

VTILX

VTILX Risk / Return Rank: 8
VTILX Sharpe Ratio Rank: 9
VTILX Sortino Ratio Rank: 9
VTILX Omega Ratio Rank: 9
VTILX Calmar Ratio Rank: 8
VTILX Martin Ratio Rank: 7

VTABX

VTABX Risk / Return Rank: 8
VTABX Sharpe Ratio Rank: 9
VTABX Sortino Ratio Rank: 9
VTABX Omega Ratio Rank: 9
VTABX Calmar Ratio Rank: 8
VTABX Martin Ratio Rank: 7

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.

VTILX vs. VTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Bond II Index Fund (VTILX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). 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.

	VTILX	VTABX	Difference
Sharpe ratio: Return per unit of total volatility	0.75	0.75	0.00
Sortino ratio: Return per unit of downside risk	1.09	1.08	+0.01
Omega ratio: Gain probability vs. loss probability	1.14	1.14	0.00
Calmar ratio: Return relative to maximum drawdown	0.78	0.78	0.00
Martin ratio: Return relative to average drawdown	2.23	2.20	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTILX vs. VTABX - Sharpe Ratio Comparison

The current VTILX Sharpe Ratio is 0.75, which is comparable to the VTABX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of VTILX and VTABX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTILX	VTABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	0.75	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.10	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.74	-0.64

Drawdowns

VTILX vs. VTABX - Drawdown Comparison

The maximum VTILX drawdown since its inception was -15.85%, roughly equal to the maximum VTABX drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for VTILX and VTABX.

Drawdown Indicators

	VTILX	VTABX	Difference
Max Drawdown Largest peak-to-trough decline	-15.85%	-16.16%	+0.31%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	-2.90%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-2.90%	-2.90%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-15.85%	-15.81%	-0.04%
Max Drawdown (10Y) Largest decline over 10 years	—	-16.16%	—
Current Drawdown Current decline from peak	-1.18%	-1.20%	+0.02%
Average Drawdown Average peak-to-trough decline	-5.91%	-3.05%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	1.03%	-0.01%

Volatility

VTILX vs. VTABX - Volatility Comparison

Vanguard Total International Bond II Index Fund (VTILX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX) have volatilities of 1.30% and 1.30%, 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.

Volatility by Period

	VTILX	VTABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.30%	1.30%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.57%	2.57%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	3.03%	3.03%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.45%	4.44%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.37%	3.61%	+0.76%

VTILX vs. VTABX - Expense Ratio Comparison

VTILX has a 0.07% expense ratio, which is lower than VTABX's 0.11% 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%.

Dividends

VTILX vs. VTABX - Dividend Comparison

VTILX's dividend yield for the trailing twelve months is around 4.36%, less than VTABX's 4.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTABX Vanguard Total International Bond Index Fund Admiral Shares	4.45%	4.36%	4.33%	4.39%	1.48%	3.70%	1.08%	4.28%	3.00%	2.23%	1.80%	1.64%
VTILX Vanguard Total International Bond II Index Fund	4.36%	4.27%	4.52%	4.22%	0.94%	0.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VTILX and VTABX in my portfolio?

With a correlation of 0.99, VTILX and VTABX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VTILX or VTABX?

VTABX has higher volatility (1.30%) compared to VTILX (1.30%). In terms of maximum drawdown, VTILX dropped -15.85% vs VTABX's -16.16%.

Which has better risk-adjusted returns?

VTILX currently has the higher Sharpe Ratio (0.75 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.