BNDW
Vanguard Total World Bond ETF
Vanguard Total World Bond ETF seeks to track the performance of a broad, market-weighted index that measures the investment return of investment-grade U.S. bonds and investment-grade non-U.S. dollar-denominated bonds.
Aggregate
FIXED INCOME
Rules-Based
MANAGEMENT STYLE
1.4 B
ASSETS UNDER MGMT
5 bp
EXPENSES
Fund Basics
| Fund sponsor | Vanguard |
| Category | Aggregate |
| Asset class | Fixed Income |
| Website | link... |
| Inception date | Sep 05, 2018 |
| Assets (mns) | $1,354 |
| Expense ratio | 5 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | Yes |
Top Holdings
| VANGUARD TOTAL BOND MARKET ETF | 52.3 % |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | 47.7 % |
| MKTLIQ 12/31/2049 | 0.0 % |
| US DOLLAR | 0.0 % |
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.3% | -0.4% | 0.7% | -1.4% | -3.5% | -- | -- | -1.2% |
| Dividend Yield | 0.3% | 2.5% | 3.3% | 2.9% | 2.5% | -- | -- | 2.7% |
| Total Returns | 1.5% | 2.1% | 4.0% | 1.5% | -1.0% | -- | -- | 1.5% | Ann. Volatility | 4.2% | 4.2% | 4.8% | 5.6% | 5.2% | -- | -- | 5.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.28 | 49% |
| MSCI EAFE | 0.29 | 55% |
| MSCI Emg Mkts | 0.26 | 49% |
Liquidity Measures
| Avg. volume (000) | 112 |
| ADV traded (mns) | $8 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| Recent close | $69.10 |
| 30d moving avg. | $68.99 |
| Annualized volatility | 6.2% |
| Relative strength (RSI) | 51 |
| Short interest | 0.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Distribution Yield (Trailing 12 Months)
Expense Analysis
| Peer Group | Rules-Based Aggregate Fixed Income ETFs |
| # of ETFs | 20 |
| Avg. Expense Ratio | 20.4 bp |
| Std. Deviation | 10.3 bp |
| BNDW (5 bp) Percentile rank | 7 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| BNDW | 5.0 | 3.5 | 8.5 |
| Peer Avg. | 40.7 | 13.9 | 54.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .