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The current dividend yield is 3.2%.Currency hedging in BNDX removes volatility but can drag returns when foreign yields trail U.S. rates.The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.Most bond investors stop at the U.S. border without realizing they're accessing less than a third of the world's bond supply. Vanguard Total International Bond ETF (NYSEARCA:BNDX) closes that gap, offering exposure to investment-grade bonds issued outside the United States while removing the currency risk that makes foreign bonds unpredictable for U.S. investors.BNDX tracks the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged), holding thousands of government and corporate bonds from developed markets across Europe, Asia, and beyond, with a small emerging market component. Currency hedging is applied systematically, so returns reflect bond performance only, not swings in the euro or yen. For a U.S.-based investor, BNDX occupies the "international" sleeve of a fixed-income portfolio the same way an international equity ETF fills the non-U.S. equity sleeve.READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocksThe return engine is straightforward: coupon income from investment-grade bonds passed through as monthly distributions, plus price appreciation when yields fall. The fund's dividend yield sits at approximately 3.2%, suggesting meaningful income potential relative to the fund's price.BNDX does what it promises at a remarkably low cost — the expense ratio is just 0.07%, making it one of the cheapest ways to access global bond exposure. At that price, even modest income can compound meaningfully over time.The longer-term price returns, however, reflect the nature of investment-grade bonds rather than any fund-specific weakness. Over five years, BNDX has gained 3.17% in price terms — a figure that understates total return once monthly distributions are included, but still signals that this is an income and diversification vehicle, not a growth engine. Over ten years, the fund has returned 22.2% in price terms.Recent momentum has improved, with BNDX up 2.06% year-to-date through February 27, 2026. The 10-year Treasury yield has pulled back to 4.02% from prior highs, supporting bond prices broadly. Falling rates generally lift bond prices, and international investment-grade bonds benefit from the same dynamic.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,792.25 -32.50 (-0.48%)Dow Futures48,377.00 -183.00 (-0.38%)Nasdaq Futures24,578.00 -177.75 (-0.72%)Russell 2000 Futures2,589.00 -23.10 (-0.88%)VIX23.57 +2.13 (+9.93%)Gold5,181.20 +57.50 (+1.12%)Trending tickersMOBX Mobix Labs, Inc. 1.1200 +0.9430 (+532.77%)CRWD CrowdStrike Holdings, Inc. 391.42 +6.56 (+1.70%)MRNA Moderna, Inc. 49.83 -3.02 (-5.71%)MU Micron Technology, Inc. 379.68 -32.99 (-7.99%)ETH-USD Ethereum USD 1,986.32 -13.76 (-0.69%)PortfolioSign in to access your portfolioSign inTop gainersKTB Kontoor Brands, Inc. 78.18 +13.36 (+20.61%)INGM Ingram Micro Holding Corporation 24.41 +3.06 (+14.33%)INTA Intapp, Inc. 26.14 +2.70 (+11.52%)TDW Tidewater Inc. 87.67 +7.80 (+9.77%)AVAV AeroVironment, Inc. 228.30 +19.98 (+9.59%)Top losersMDB MongoDB, Inc. 252.73 -72.28 (-22.24%)STNE StoneCo Ltd. 13.73 -3.30 (-19.38%)LIF Life360, Inc. 43.97 -9.82 (-18.26%)SE Sea Limited 87.82 -17.39 (-16.53%)ALG Alamo Group Inc. 184.78 -33.69 (-15.42%)Most activePLUG Plug Power Inc. 2.2300 +0.4200 (+23.20%)NVDA NVIDIA Corporation 180.05 -2.32 (-1.27%)ONDS Ondas Inc. 10.02 -0.65 (-6.09%)AAL American Airlines Group Inc. 12.46 -0.06 (-0.48%)F Ford Motor Company 12.70 -0.69 (-5.15%)Top economic eventsEarnings eventsMy earnings eventsEarnings events