Vanguard Total International Bond ETF

Vanguard Total International Bond ETF

About

Vanguard Total International Bond ETF (US92203J4076) is a US-listed bond ETF tracking the Bloomberg GA ex-USD FlAdjRIC Cp Hgd. With a expense ratio of 0.07%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 817 positions across 31 regions with 82.1B in assets, with heavy concentration — 45% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.4 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 9.1 · TD Consistency: — · Expense Ratio: 9.4
Diversification (45%) 4.8 Holding Count: 7.2 · Country Concentration: 5.3 · Sector Concentration: 1.2
Liquidity (25%) 10.0 Assets Under Management

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

Ticker BNDX
ISIN
Fund Size $82.1B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception May 2013
Base Currency USD
Index Bloomberg GA ex-USD FlAdjRIC Cp Hgd
Asset Class Bonds
Category Us Bond

Costs

9.2
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 0.07%

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 +0.01%
6 Months +0.00%
1 Year -0.02%
3 Years -0.01%
5 Years -0.15%
10 Years -0.13%
YTD +0.00%
Since Inception -0.13%

Holdings

7.2
This fund holds 817 individual investments, offering moderate diversification compared to other ETFs.
#1
5.97%
#2
2.73%
#3
2.56%
#4
2.22%
#5
2.21%
#6
2.13%
#7
1.95%
#8
1.86%
#9
1.49%
#10
1.43%
View all holdings (50)
# Holding Ticker Weight
1 597.00%
2 273.00%
3 256.00%
4 222.00%
5 221.00%
6 213.00%
7 195.00%
8 186.00%
9 149.00%
10 143.00%
11 128.00%
12 122.00%
13 109.00%
14 EURO-SCHATZ JUN 26 DUM6 101.00%
15 92.00%
16 92.00%
17 90.00%
18 90.00%
19 89.00%
20 88.00%
21 74.00%
22 72.00%
23 67.00%
24 50.00%
25 48.00%
26 47.00%
27 47.00%
28 46.00%
29 46.00%
30 43.00%
31 43.00%
32 43.00%
33 43.00%
34 43.00%
35 43.00%
36 43.00%
37 43.00%
38 43.00%
39 43.00%
40 43.00%
41 43.00%
42 43.00%
43 43.00%
44 43.00%
45 43.00%
46 43.00%
47 43.00%
48 43.00%
49 43.00%
50 43.00%

Sectors

1.2
This fund is concentrated in just a few of its 3 sectors, reducing diversification.
 
Sector Weight
Unknown 5456.00%
Government Bonds 4521.00%
Corporate Bonds 120.00%

Regions

5.3
This fund invests across 32 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
UNKNOWN 5262.00%
France 709.00%
Germany 634.00%
Italy 626.00%
United Kingdom 531.00%
Japan 502.00%
Spain 396.00%
SNAT 253.00%
Australia 164.00%
Canada 160.00%
Belgium 112.00%
South Korea 111.00%
Netherlands 106.00%
Mexico 87.00%
Poland 58.00%
Austria 56.00%
Sweden 38.00%
Malaysia 31.00%
Finland 25.00%
Portugal 23.00%
Denmark 20.00%
Ireland 16.00%
Israel 16.00%
XS 12.00%
Greece 11.00%
Switzerland 10.00%
Czechia 7.00%
China 5.00%
Hungary 5.00%
Indonesia 5.00%
United States 5.00%
Luxembourg 4.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
17.0%
Volatility
-5.2%
Max Drawdown
-0.39
Sharpe Ratio
-0.51
Sortino Ratio
-1.29
Calmar Ratio
0.18
Beta
-7.16%
Alpha (Jensen's)
0.140
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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