BNDX vs VWO
Vanguard Total International Bond Index Fund vs Vanguard Emerging Markets Stock Index Fund
Last updated: 2026-04-02
Vanguard Total International Bond Index Fund (BNDX) is an exchange-traded fund 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.
Vanguard Emerging Markets Stock Index Fund (VWO) is an exchange-traded fund issued by Vanguard that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 2.76%. Launched in 2005, the fund has a 21-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.06% vs 0.07%), so fees are not a differentiator here. Over the past year, VWO has significantly outperformed with a 19.4% return vs -1.7%. Income investors may prefer BNDX for its higher yield (4.5% vs 2.8%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
VWO Top Holdings
| Name | Weight |
|---|---|
| Taiwan Semiconductor Manufacturing Company Limited!tpe/2330 | 12.71% |
| Tencent Holdings Limited!hkg/0700 | 3.44% |
| Alibaba Group Holding Limited!hkg/9988 | 2.74% |
| HDFC Bank Limited!nse/HDFCBANK | 0.93% |
| Reliance Industries Limited!nse/RELIANCE | 0.88% |
| Hon Hai Precision Industry Co., Ltd.!tpe/2317 | 0.78% |
| MediaTek Inc.!tpe/2454 | 0.76% |
| China Construction Bank Corporation!hkg/0939 | 0.75% |
Which One Should You Choose?
Choose VWO 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.