Vanguard Total World Bond ETF

Vanguard Total World Bond ETF

About

Vanguard Total World Bond ETF (US92206C5655) is a US-listed bond ETF tracking the Bloomberg Glbl Agg Flt Adj Comp Idx. With a expense ratio of 0.05%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 821 positions across 21 regions with 1.9B in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.7 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.3 Tracking Difference: 9.0 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 6.0 Holding Count: 7.2 · Country Concentration: 7.9 · Sector Concentration: 1.0
Liquidity (25%) 8.8 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker BNDW
ISIN
Fund Size $1.9B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Sep 2018
Base Currency USD
Index Bloomberg Glbl Agg Flt Adj Comp Idx
Asset Class Bonds
Category Us Bond

Costs

9.3
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.05%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months +0.00%
6 Months +0.00%
1 Year -0.01%
3 Years +0.00%
5 Years -0.15%
10 Years -0.08%
YTD -0.01%
Since Inception -0.08%

Holdings

7.2
This fund holds 821 individual investments, offering moderate diversification compared to other ETFs.
#1
1.78%
#2
1.77%
#3
0.91%
#4
0.91%
#5
0.63%
#6
0.63%
#7
0.63%
#8
0.62%
#9
0.62%
#10
0.62%
View all holdings (50)
# Holding Ticker Weight
1 178.00%
2 177.00%
3 91.00%
4 91.00%
5 63.00%
6 63.00%
7 63.00%
8 62.00%
9 62.00%
10 62.00%
11 54.00%
12 54.00%
13 54.00%
14 54.00%
15 49.00%
16 49.00%
17 46.00%
18 33.00%
19 33.00%
20 33.00%
21 32.00%
22 32.00%
23 EURO-SCHATZ JUN 26 DUM6 30.00%
24 29.00%
25 29.00%
26 27.00%
27 27.00%
28 27.00%
29 26.00%
30 26.00%
31 26.00%
32 26.00%
33 25.00%
34 25.00%
35 25.00%
36 25.00%
37 25.00%
38 25.00%
39 25.00%
40 25.00%
41 25.00%
42 25.00%
43 25.00%
44 25.00%
45 25.00%
46 25.00%
47 25.00%
48 25.00%
49 24.00%
50 23.00%

Sectors

1.0
This fund is concentrated in just a few of its 3 sectors, reducing diversification.
 
Sector Weight
Unknown 7723.00%
Government Bonds 2302.00%
Corporate Bonds 6.00%

Regions

7.9
This fund is well-diversified across 22 countries, closely matching the global market.
 
Country Weight
UNKNOWN 7661.00%
United States 1424.00%
France 192.00%
Germany 164.00%
Italy 137.00%
United Kingdom 108.00%
Spain 95.00%
Japan 57.00%
SNAT 35.00%
Australia 24.00%
Canada 22.00%
Belgium 19.00%
Netherlands 19.00%
South Korea 11.00%
Poland 9.00%
Austria 7.00%
Greece 3.00%
Mexico 3.00%
Malaysia 3.00%
Portugal 3.00%
Denmark 2.00%
Finland 2.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
18.7%
Volatility
-4.1%
Max Drawdown
-0.13
Sharpe Ratio
-0.18
Sortino Ratio
-0.58
Calmar Ratio
0.21
Beta
-7.35%
Alpha (Jensen's)
0.195
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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