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ETFs

Vanguard Scottsdale Funds Vanguard Total World Bond ETF

BNDW
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 4, 2018
Expense Ratio
0.05%
Type
Global Bonds
Fund Owner
Vanguard
Volume (1m avg. daily)
$1,857,332
AUM
$671,374,800
Associated Index
Bloomberg Global Aggregate Float Adjusted Composite Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
50.86%
BNDX
Vanguard Group, Inc. - Vanguard Total International Bond ETF
49.12%
MKTLIQ
MKTLIQ
0.02%
—
USD CASH(Alpha Committed)
0%
Invest with BNDW
Trade BNDW Options

What is BNDW?

Vanguard Total World Bond ETF seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. The Fund is a fund of funds and employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index (Index), which is designed to track the market capitalized weights of the global investment-grade bond market and is comprised of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). The Fund intends to obtain its exposure to the bonds held in the Index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the Index.

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YTD
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BNDW
Performance Measures**

for the time period Sep 6, 2018 to Dec 4, 2025

Returns

1M Trailing Return: -0.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -17.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 5.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.41

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.11

The annualized return divided by the max drawdown for the selected time period.

ETFs related toBNDW

ETFs correlated to BNDW include BND, SPAB, AGG

BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toBNDW

Modern Permanent Portfolio (Public Edition)

Category

Multi-asset, rules-based, trend-following, tactical allocation, income, inflation hedge, ETFs

OOS Cumulative Return

56.96%

Create your own algorithmic trading strategy with BNDW using Composer

FAQ

BNDW is a Global Bonds ETF. Vanguard Total World Bond ETF seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. The Fund is a fund of funds and employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index (Index), which is designed to track the market capitalized weights of the global investment-grade bond market and is comprised of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). The Fund intends to obtain its exposure to the bonds held in the Index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the Index.

BNDW tracks the Bloomberg Global Aggregate Float Adjusted Composite Index.

No, BNDW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BNDW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BNDW is -0.0115%. This is the percent change in the value of BNDW over the most recent 1-month period. The 3-month return on BNDW is -0.0236%. This is the percent change in the value of BNDW over the most recent 3-month period.

The standard deviation of BNDW for the past year is 0.067%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BNDW include GSY, GVI, and BLV.

ETFs correlated to BNDW include BND, SPAB, and AGG.

ETFs that are inversely correlated to BNDW include TBX, PST, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.