Vanguard Total International Bond ETF
$46.94−0.33 (−0.69%)
- Expense ratio
- 0.07%
- Fund size
- $123.0B
- 1Y return
- +0.1%
- Yield · Last 12 months
- 4.63%
- Volume · 30D
- 4.5M sh
- NAV per share
- $47.17
- 52W range
The ETF.net BNDX Grade
Score 76 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 86Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 65Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 99Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 95Category rank
Our read on BNDX
AThe international half of a global bond portfolio with the currency risk stripped out. BNDX tracks investment-grade bonds from outside the US and hedges them back to dollars, so you get foreign rates and credit without the FX rollercoaster.
Seeks to track a benchmark measuring the investment return of non-U.S.-dollar-denominated investment-grade bonds. It uses currency hedging and index sampling while maintaining broad exposure to major non-U.S. bond markets.
Why people hold it
- Hedges its foreign bond exposure back to US dollars, so results track overseas rates and credit rather than swings in the euro or yen.investor.vanguard.com
- Charges 0.07% a year, near the floor for index bond funds, and covers the ex-US ground its stablemate BND leaves out.
- Running since 2013, one of the largest and most actively traded bond ETFs around, and it distributes monthly.
- Uses index sampling to hold a broad spread of investment-grade debt across the major non-US bond markets, one of the stronger builds in its peer group.fund-docs.vanguard.com
Worth knowing
- The hedge cuts both ways: it removes the lift from a falling dollar along with the drag from a rising one.
- Interest rates in Europe and Japan move this portfolio, and a currency hedge does nothing to soften that.
- No US bonds by mandate. It covers the ex-US slice of a bond allocation only.investor.vanguard.com
BNDX Holdings
- Bonds
- —
- 5%
- MKTLIQ 12/31/2049
Sectors
- Financials48.2%
- Industrials34.0%
- Health Care17.8%
Geography
- France11.99%
- Japan10.74%
- Germany9.58%
- United Kingdom8.18%
- Italy7.57%
- Canada7.13%
- Spain5.32%
- Belgium4.85%
- 34.65%
Developed 87% · Emerging 13%
BNDX 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 | BNDX |
|---|---|
| Year to date | −0.3% |
| 1 month | −0.6% |
| 3 months | −1.4% |
| 1 year | +0.1% |
| 3 years | +4.0% |
| 5 years | −0.1% |
| 10 years | +1.4% |
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 | BNDX |
|---|---|---|
| 2026 YTD | −0.3% | |
| 2025 | +2.9% | |
| 2024 | +3.6% | |
| 2023 | +8.8% | |
| 2022 | −12.8% | |
| 2021 | −2.3% | |
| 2020 | +4.6% |
BNDX in the news
ETF.net Research hasn’t filed on BNDX yet — coverage lands here as it’s written.
BNDX Dividends
- 4.63%
- $2.19
- $0.12 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.12 |
| Aug 3, 2026 | Aug 5, 2026 | $0.12 |
| Jul 1, 2026 | Jul 6, 2026 | $0.11 |
| Jun 1, 2026 | Jun 3, 2026 | $0.11 |
| May 1, 2026 | May 5, 2026 | $0.11 |
| Apr 1, 2026 | Apr 6, 2026 | $0.11 |
| Mar 2, 2026 | Mar 4, 2026 | $0.10 |
| Feb 2, 2026 | Feb 4, 2026 | $0.11 |
| Dec 18, 2025 | Dec 22, 2025 | $0.97 |
| Dec 1, 2025 | Dec 3, 2025 | $0.10 |
| Nov 3, 2025 | Nov 5, 2025 | $0.11 |
| Oct 1, 2025 | Oct 3, 2025 | $0.10 |
BNDX Risk
- 4.2%
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.
- −0.19
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.
- −15.2%
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.
- 0.62
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BNDX Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
11 of the 112 US Aggregate Bond funds charge less.