Vanguard Total World Bond ETF
$66.19−0.55 (−0.82%)
- Expense ratio
- 0.05%
- Fund size
- $1.9B
- 1Y return
- +0.1%
- Yield · Last 12 months
- 4.35%
- Holdings
- 2
- Volume · 30D
- 0.1M sh
- NAV per share
- $66.73
- 52W range
The ETF.net BNDW Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 70Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 20Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
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
- 2
- 100%
- BND
Sectors
- Technology100.0%
Geography
- United States100.00%
BNDW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −0.7% |
| 1 month | −0.7% |
| 3 months | −1.4% |
| 1 year | +0.1% |
| 3 years | +4.2% |
| 5 years | −0.3% |
| 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 | −0.7% | |
| 2025 | +5.0% | |
| 2024 | +2.4% | |
| 2023 | +7.2% | |
| 2022 | −12.9% | |
| 2021 | −2.1% | |
| 2020 | +6.2% |
BNDW in the news
ETF.net Research hasn’t filed on BNDW yet — coverage lands here as it’s written.
BNDW Dividends
- 4.35%
- $2.90
- $0.21 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.21 |
| Aug 3, 2026 | Aug 5, 2026 | $0.20 |
| Jul 1, 2026 | Jul 6, 2026 | $0.19 |
| Jun 1, 2026 | Jun 3, 2026 | $0.20 |
| May 1, 2026 | May 5, 2026 | $0.19 |
| Apr 1, 2026 | Apr 6, 2026 | $0.20 |
| Mar 2, 2026 | Mar 4, 2026 | $0.18 |
| Feb 2, 2026 | Feb 4, 2026 | $0.19 |
| Dec 18, 2025 | Dec 22, 2025 | $0.78 |
| Dec 1, 2025 | Dec 3, 2025 | $0.19 |
| Nov 3, 2025 | Nov 5, 2025 | $0.19 |
| Oct 1, 2025 | Oct 3, 2025 | $0.18 |
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.
- −0.13
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.
- −16.4%
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
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
No Global Aggregate Bond (Unhedged) fund charges less.