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BNDXvsBWZETF Comparison

ETF 1
BNDX

Vanguard Total International Bond ETF

This fund is part of
Intl IG Bonds
-0.03%
VS
ETF 2
BWZ

State Street SPDR Bloomberg Short Term International Treasury Bond ETF

This fund is part of
Intl Government Bonds
-0.24%

Vanguard Total International Bond ETF (BNDX) belongs to the Intl IG Bonds segment. State Street SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is part of the Intl Government Bonds segment. BNDX's top 3 sector exposures are Sovereign, Finance and Municipal. In contrast, BWZ's top sector exposures are Sovereign. BNDX is less expensive with a Total Expense Ratio (TER) of 0.07%, versus 0.35% for BWZ. BNDX is down -1.02% year-to-date (YTD) with +$10.83B in YTD flows. BWZ performs better with 1.27% YTD performance, and -$18M in YTD flows. Run a side-by-side ETF comparison of BNDX and BWZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BNDX vs BWZ performance and flow charts

Performance

-2.0-1.00.01.02.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Cumulative Flows

0 M200 M400 M600 M800 M1,000 M1,200 MAug 11Aug 18Aug 25Sep 1Sep 9

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Historic performance and flows
Data as of 09/11/2026
1M3MYTD1Y3Y5Y
Perf.
BNDX
BWZ
-1.40%+1.20%
-1.61%+2.29%
-1.02%+1.27%
-0.56%+0.51%
+11.31%+11.40%
-1.70%-5.61%
Flows
BNDX
BWZ
+$1.11B+$38M
+$2.88B+$17M
+$10.83B-$18M
+$17.16B-$39M
+$34.48B+$136M
+$48.18B+$146M
Volatility and drawdown
3M1Y3Y5Y
Volatility
BNDX
BWZ
+3.11%+4.97%
+3.21%+5.50%
+3.55%+6.15%
+4.49%+6.68%
Max drawdown
BNDX
BWZ
-2.44%-1.91%
-2.88%-4.23%
-2.88%-8.32%
-15.68%-21.55%
Max drawdown duration
BNDX
BWZ
74d46d
194d211d
194d194d
1521d1822d
Trading data

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BNDX
BWZ
Last sale
9/11/2026 at 1:30 PM
$46.99
$27.39
Previous close
09/11/2026
$46.97
$27.36
Consolidated volume
09/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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BNDX
BWZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
BNDX
BWZ
Last price
$46.99
$27.39
1D performance
+0.04%
+0.11%
AuM$82.78 B$328.46 M
E/R0.07%0.35%
Characteristics
BNDX
BWZ
Management strategyPassivePassive
ProviderVanguardState Street Investment Management
BenchmarkBloomberg Global Aggregate ex-USD Float Adjusted RIC Capped IndexBloomberg 1-3 Year Global Treasury ex-US Capped Index
N° of holdings6750253
Asset classBondsBonds
Trailing 12m distribution yield
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Inception dateMay 31, 2013January 15, 2009
ESGNoNo
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Exposure

Countries

BNDX
France
11.79%
Japan
10.44%
Germany
9.94%
United Kingdom
8.22%
Italy
7.63%
Other
51.98%
BWZ
Japan
22.92%
Other
77.08%

Sectors

BNDX
Sovereign
64.55%
Finance
19.5%
Other
15.94%
BWZ
Sovereign
98.72%
Other
1.28%
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Diversification

BNDX

Total weight of top 15 holdings out of 15

5.49%
BWZ

Total weight of top 15 holdings out of 15

16.7%

Top 15 holdings

Data as of July 31, 2026
BNDX
DE000F3A9EV9
0.88%
United Kingdom, Gilt 4.125% 7mar2031, GBP
0.41%
France, OAT 2.7% 25feb2031, EUR
0.38%
France, OAT 2.75% 25feb2029, EUR
0.37%
United Kingdom, Gilt 4.375% 7mar2030, GBP
0.37%
United Kingdom, Gilt 4.375% 7mar2028, GBP
0.35%
United Kingdom, Gilt 4.125% 22jul2029, GBP
0.34%
France, OAT 3.5% 25nov2035, EUR
0.34%
France, OAT 2% 25nov2032, EUR
0.33%
Germany, Bund 2.9% 15feb2036, EUR
0.30%
United Kingdom, Gilt 4.5% 7jun2028, GBP
0.30%
United Kingdom, Gilt 3.75% 29jan2038, GBP
0.29%
Germany, Schatz 2.5% 14jun2028, EUR
0.28%
Spain, BON 2.4% 31may2028, EUR
0.27%
Italy, BTP 4.1% 1feb2029, EUR
0.27%
BWZ
Belgium, OLO 5.5% 28mar2028, EUR (31)
1.88%
Japan, JGB 0.1% 20mar2028, JPY
1.28%
Australia, TB 3.25% 21apr2029, AUD (TB138)
1.27%
Netherlands, DSL 5.5% 15jan2028, EUR
1.21%
Australia, TB 2.75% 21nov2028, AUD (TB152)
1.21%
United Kingdom, Gilt 4.375% 7mar2028, GBP
1.01%
Australia, TB 2.25% 21may2028, AUD (TB149)
1.01%
Japan, JGB 0.1% 20jun2028, JPY
1.00%
Mexico, Bonos 8.5% 1mar2029, MXN
0.99%
Japan, JGB 0.1% 20sep2027, JPY
0.98%
Japan, JGB 0.1% 20dec2027, JPY
0.98%
Japan, JGB 0.1% 20sep2027, JPY
0.98%
Australia, TB 2.75% 21nov2027, AUD (TB148)
0.97%
Japan, JGB 0.1% 20sep2028, JPY
0.97%
Japan, JGB 0.1% 20dec2028, JPY
0.96%
Frequently asked questions about BNDX and BWZ

How have the BNDX and BWZ ETFs performed in 2026?

As of September 11, 2026, BNDX is down -1.02% year-to-date (YTD), while BWZ has returned 1.27%. That puts BWZ better performer ahead so far this year.

Which ETF is attracting more investor money: BNDX or BWZ?

Year-to-date, the BNDX ETF saw +$10.83B in flows, compared to -$18M for BWZ.

Which ETF is more volatile: BNDX or BWZ?

Over the past year, BNDX had a volatility of 3.21%, while BWZ experienced 5.5%.

Which ETF is bigger: BNDX or BWZ?

As of September 11, 2026, BNDX holds $82.78 B in assets under management (AUM), while BWZ manages $328.46 M.

What sectors do the BNDX and BWZ ETFs invest in?

BNDX leans toward sectors like Sovereign and Finance. Meanwhile, BWZ focuses on Sovereign.

What are the top holdings of the BNDX ETF and BWZ ETF?

BNDX top holdings include DE000F3A9EV9, United Kingdom, Gilt 4.125% 7mar2031, GBP and France, OAT 2.7% 25feb2031, EUR. BWZ holds in its top three: Belgium, OLO 5.5% 28mar2028, EUR (31), Japan, JGB 0.1% 20mar2028, JPY and Australia, TB 3.25% 21apr2029, AUD (TB138).

Which ETF is more diversified: BNDX or BWZ?

BNDX holds 6802 securities with 5.49% of its assets in the top 15. BWZ has 258 securities and a top 15 weight of 16.7%.

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