Vanguard Total International Bond Index’s low fee and diversified portfolio make it a compelling option for hedged exposure to non-U.S. investment-grade bonds. Its Institutional Select share class earns a Morningstar Analyst Rating of Gold, its exchange-rated and Institutional share classes earn a Silver rating, and its Admiral and Investor share classes are rated Bronze.
Vanguard Total International Bond ETF BNDX
Morningstar’s Analysis BNDX
Will BNDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BNDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of BNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is a solid pick for currency-hedged international-bond exposure.
