Data as of Oct 28, 2026.
BNDX vs HYG: Differences, Returns & Fees
BNDX's duration was 6.5 years on Jul 31, 2026 and HYG's 2.9 on Aug 31, 2026; BNDX charges 0.07% to HYG's 0.49%.
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Net assets: $82.9bn on Sep 30, 2026 for Vanguard Total International Bond ETF, and $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF.
Pair scorecard
BNDX costs 0.42 points a year less; their one-year returns differ by 2.2 points; BNDX is 4.9 times larger.
| Measure | BNDX | HYG |
|---|---|---|
| Return | ||
| Total return, 1 year | −0.9% | +1.3% |
| Benchmark | ||
| What it tracks | Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged) | Markit iBoxx USD Liquid High Yield Index |
| Cost and size | ||
| Expense ratio | 0.07% | 0.49% |
| Net assets, as of Sep 30, 2026 | $82.9bn | $16.8bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method
Risk and return
Jun 14, 2013 to Oct 23, 2026 · 697 weekly returnsHYG returned more: +70.0% to +35.1%. BNDX swung less: 3.8% to 8.9%. BNDX fell less at its worst: −16.0% to −20.7%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BNDX | HYG | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +35.1% | +70.0% | HYG | Price change plus distributions, reinvested. |
| Annualized | +2.3% | +4.0% | HYG | Total return as a yearly rate. |
| Price return | −5.5% | −17.0% | BNDX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 3.8% | 8.9% | BNDX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.8% | 6.1% | BNDX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −16.0% | −20.7% | BNDX | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.11 | 0.27 | HYG | Return above Treasury bills per unit of volatility. |
| Sortino | 0.15 | 0.40 | HYG | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.14 | 0.19 | HYG | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 697 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BNDX and HYG hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
BNDX and HYG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BNDX and HYG do different jobs. What does each one do in a portfolio?
- What each follows. BNDX follows Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged) and HYG follows Markit iBoxx USD Liquid High Yield Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BNDX returned −0.9% and HYG +1.3% with distributions reinvested, a gap of 2.2 points.
Data as of Oct 28, 2026.
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BNDX
BNDX tracks an index of Total International Bond. Over the year to Oct 28, 2026 it returned −0.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year.
HYG
HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.
Questions people ask
- Which returned more over the last year, BNDX or HYG?
- In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and HYG +1.3%.
- Which is cheaper, BNDX or HYG?
- BNDX is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BNDX against HYG, data as of Oct 28, 2026. https://etfiq.com/compare/any/bndx-vs-hyg
ETFIQ. (Oct 28, 2026). BNDX against HYG. Retrieved from https://etfiq.com/compare/any/bndx-vs-hyg
[BNDX against HYG (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bndx-vs-hyg)
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