Vanguard Total World Bond ETF
$66.05+0.07 (+0.11%)
- 0.05%
- $1.9B
- −1.4%
- 4.42%
- 0.1M sh
- $65.98
- low $65.47high $70.36
The ETF.net BNDW Grade
A
Score 77 out of 100
- 3 of 29
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A100 out of 100Rank 1 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 14 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 8 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F20 out of 100Rank 29 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 3 of 29
Our read on BNDW
AOne ticker for the whole investment-grade bond market, home and abroad. Vanguard built BNDW as a wrapper around its own US and international bond funds and prices the package at 0.05% a year.
The fund seeks to track the Bloomberg Global Aggregate Float Adjusted Composite Index and provide broad exposure to the global investment-grade bond market through an ETF-of-ETFs structure.
Why people hold it
- 0.05% a year against a category median of 0.36%. The global version costs a fraction of what the typical aggregate bond fund charges.
- An ETF-of-ETFs by design: one buy covers US and overseas investment-grade bonds, tracking the Bloomberg Global Aggregate Float Adjusted Composite Index.fund-docs.vanguard.com
- Income arrives monthly, not quarterly, and the fund has hugged its benchmark closely rather than drifting from it.
- Running since 2018 and now a multi-billion-dollar fund, it sits among the stronger builds in a crowded aggregate-bond field.
Worth knowing
- US-only aggregate funds (BND, SPAB, SCHZ) run a touch cheaper at 0.03%. Global reach is what the extra basis points buy.
- Volume is moderate next to the US aggregate giants, which can show up as a wider spread when you trade.
- Still a bond fund: prices move against interest rates, and here the rate cycles of several countries feed into that, not just the Fed's.
BNDW Holdings
- Bonds
- 4
- 100%
- BND
Sectors
- Technology100.0%
Geography
- United States50.36%
- France5.75%
- Japan5.41%
- Germany4.99%
- United Kingdom4.37%
- Canada3.93%
- Italy3.67%
- Supranational3.30%
- 18.22%
Developed 80% · Emerging 20%
BNDW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BNDW$9,855
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BNDW |
|---|---|
| Year to date | −1.5% |
| 1 month | −0.5% |
| 3 months | −2.0% |
| 1 year | −1.4% |
| 3 years | +4.2% |
| 5 years | −0.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BNDW |
|---|---|---|
| 2026 YTD | −1.5% | |
| 2025 | +5.0% | |
| 2024 | +2.4% | |
| 2023 | +7.2% | |
| 2022 | −12.9% | |
| 2021 | −2.1% | |
| 2020 | +6.2% |
BNDW in the news
BNDW Dividends
- 4.42%
- $2.92
- $0.20 per share
- Monthly
Distribution history
BNDW Risk
- 4.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.82
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BNDW Cost
0.05%
BNDW0.05%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
No Global Aggregate Bond (Unhedged) fund charges less.
Other funds in Global Aggregate Bond (Unhedged)
- ADFGPDimensional - Global Core Plus Fixed Income ETFExpense ratio 0.23%1 year return −0.9%
- AGRNBVanEck Green Bond ETFExpense ratio 0.20%1 year return −0.3%
- ADFGXDimensional - International Core Fixed Income ETFExpense ratio 0.21%1 year return −0.8%
- AFBNDFidelity Total Bond ETFExpense ratio 0.36%1 year return −1.9%
- ADFSBDimensional - Global Sustainability Fixed Income ETFExpense ratio 0.24%1 year return −0.6%