ETF Versus

BNDX vs VONV

Vanguard Total International Bond Index Fund vs Vanguard Russell 1000 Value Index Fund ETF Shares

Last updated: 2026-04-02

BNDX Vanguard

Vanguard Total International Bond Index Fund (BNDX) is an exchange-traded fund issued by Vanguard that provides exposure to international bond securities. It charges a low expense ratio of 0.07%. The fund offers a high dividend yield of 4.46%. Launched in 2013, the fund has a 13-year track record.

AUM: $115.4B ER: 0.07% Yield: 4.46% Since: 2013-06-04
VONV Vanguard

Vanguard Russell 1000 Value Index Fund ETF Shares (VONV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a low expense ratio of 0.08%. The fund offers a moderate dividend yield of 1.81%. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: 0.08% Yield: 1.81% Since: 2010-09-22

Quick Verdict

Both funds have nearly identical expense ratios (0.07% vs 0.08%), so fees are not a differentiator here. Over the past year, VONV has significantly outperformed with a 13.6% return vs -1.7%. Income investors may prefer BNDX for its higher yield (4.5% vs 1.8%).

Key Metrics

Metric BNDX VONV
Expense Ratio 0.07% 0.08%
Dividend Yield 4.5% 1.8%
Fund Family Vanguard Vanguard
Category International Bond US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

80 94 108 122 136 150 2021-04 2022-06 2023-10 2024-12 2026-04
BNDX -15.9%
VONV +39.5%

Performance Comparison

Period BNDX VONV Difference
1 Month -1.70% -3.26% +1.56%
3 Months -0.64% +1.34% -1.98%
6 Months -2.64% +4.74% -7.38%
YTD -0.64% +1.34% -1.98%
1 Year -1.68% +13.55% -15.23%
3 Years -1.90% +40.45% -42.35%
5 Years -15.91% +39.51% -55.42%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period BNDX Fees VONV Fees You Save
$10,000 10 years $140 $159 $20
$10,000 20 years $600 $686 $85
$10,000 30 years $1,938 $2,212 $274
$50,000 10 years $698 $797 $99
$50,000 30 years $9,692 $11,061 $1,370
$100,000 30 years $19,383 $22,123 $2,739

Risk Metrics

Based on 5 years of daily returns

Metric BNDX VONV
Annualized Volatility 5.3% 14.8%
Max Drawdown -19.1% -20.2%
Sharpe Ratio -1.48 0.22

Dividend Comparison

Metric BNDX VONV
Annual Dividend (per share) $2.14 $1.71
Dividend Yield 4.46% 1.81%
Distribution Frequency Monthly Quarterly

Top Holdings

BNDX Top Holdings

NameWeight
Vanguard Cmt Funds-Vanguard Market Liquidity Fund231.22%
United Kingdom Gilt32.33%
Bundesrepublik Deutschland Bundesanleihe26.04%
French Republic Government Bond OAT25.14%

Which One Should You Choose?

Choose VONV if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose BNDX if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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