Vanguard Total International Bond ETF
$47.01+0.04 (+0.09%)
- 0.07%
- $123.0B
- −0.9%
- 4.68%
- 4.4M sh
- $46.89
- low $46.63high $49.93
The ETF.net BNDX Grade
A
Score 78 out of 100
- 11 of 117
Score 78 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.A87 out of 100Rank 14 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 30 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 26 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A99 out of 100Rank 1 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A96 out of 100Rank 2 of 117
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
- 6,811
- 5%
- Mktliq 12/31/2049
Sectors
- Financials48.2%
- Industrials34.0%
- Health Care17.8%
Geography
- France11.87%
- Japan10.79%
- Germany10.05%
- United Kingdom8.14%
- Italy7.65%
- Canada7.06%
- Supranational5.38%
- Spain5.32%
- 33.73%
Developed 82% · Emerging 18%
BNDX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BNDX$9,906
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 | BNDX |
|---|---|
| Year to date | −0.7% |
| 1 month | +0.2% |
| 3 months | −1.6% |
| 1 year | −0.9% |
| 3 years | +4.1% |
| 5 years | +0.2% |
| 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 | −0.7% | |
| 2025 | +2.9% | |
| 2024 | +3.6% | |
| 2023 | +8.8% | |
| 2022 | −12.8% | |
| 2021 | −2.3% | |
| 2020 | +4.6% |
BNDX in the news
Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Head-to-Head
iShares Core U.S. Aggregate Bond ETF and Vanguard Total Bond Market ETF have returned almost the same
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
BNDX Dividends
- 4.68%
- $2.20
- $0.11 per share
- Monthly
Distribution history
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.
- −0.14
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
0.07%
BNDX0.07%
- The middle half of US Aggregate Bond funds
- Median 0.34%
11 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- ABIVVanguard Intermediate-Term Bond ETFExpense ratio 0.03%1 year return −2.6%
- AAGGMiShares 1-10 Year U.S. Aggregate Bond ETFExpense ratio 0.03%1 year return −2.1%
- AVCRBVanguard Core Bond ETFExpense ratio 0.10%1 year return −1.6%
- AAGGYWisdomTree Yield Enhanced U.S. Aggregate Bond FundExpense ratio 0.12%1 year return −2.4%
- AGVIiShares Intermediate Government/Credit Bond ETFExpense ratio 0.20%1 year return −0.4%