Vanguard Total International Bond (BNDX): Rolling Returns

Simulation Settings
Category:
Period: January 1985 - March 2026 (~41 years)
Initial Amount: 1$
Currency: USD
Inflation: US
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When holding the Vanguard Total International Bond (BNDX) ETF, how long should you stay invested to have high probability to achieve a positive return?

Over the selected period (~41 years), the longest duration with a negative return was 77 months (from August 2016 to December 2022).

This indicates that, within the same timeframe, any rolling period of 78 months or more has consistently resulted in a positive return.

Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.

Previous vs subsequent Returns

Is there a correlation between past and future returns over all 10-year rolling periods?

The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).

Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.

VANGUARD TOTAL INTERNATIONAL BOND (BNDX) ETF
Previous vs Next Returns - 10 Years annualized
Time Period: 1 April 1996 - 31 March 2026 (30 Years)
Time Period: 1 January 1985 - 31 March 2026 (~41 years)
30 Years
(1996/04 - 2026/03)
All Data
(1985/01 - 2026/03)

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As of Mar 31, 2026, the annualized return of the previous 10 years has been 1.73%.

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

VANGUARD TOTAL INTERNATIONAL BOND (BNDX) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Time Period: 1 April 1996 - 31 March 2026 (30 Years)
Time Period: 1 January 1985 - 31 March 2026 (~41 years)
30 Years
(1996/04 - 2026/03)
All Data
(1985/01 - 2026/03)
US Inflation Adjusted:

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Rolling Period Analysis

By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.

VANGUARD TOTAL INTERNATIONAL BOND (BNDX) ETF
Rolling Returns Chart
Rolling Returns Chart - Inflation Adjusted
Time Period: 1 January 1985 - 31 March 2026 (~41 years)
Over Time
Histogram
US Inflation Adjusted:

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Swipe left to see all data
Worst Median Best Negative Periods
-13.01%
Oct 2021 - Sep 2022
+5.77% +31.75%
Mar 1985 - Feb 1986
11.98%
58 out of 484
-19.60%
Oct 2021 - Sep 2022
+3.04% +29.20%
May 1985 - Apr 1986
26.03%
126 out of 484
-7.67%
Jan 2021 - Dec 2022
+5.83% +22.63%
Mar 1985 - Feb 1987
6.36%
30 out of 472
-13.54%
Jan 2021 - Dec 2022
+3.37% +19.57%
Mar 1985 - Feb 1987
14.62%
69 out of 472
-4.35%
Nov 2020 - Oct 2023
+6.06% +17.37%
Nov 1990 - Oct 1993
7.39%
34 out of 460
-9.52%
Nov 2020 - Oct 2023
+3.58% +14.00%
Nov 1990 - Oct 1993
11.30%
52 out of 460
-2.63%
Oct 2019 - Sep 2023
+5.94% +14.73%
Feb 1990 - Jan 1994
7.14%
32 out of 448
-6.94%
Oct 2019 - Sep 2023
+3.53% +10.86%
Feb 1990 - Jan 1994
12.05%
54 out of 448
-0.52%
Sep 2019 - Aug 2024
+6.22% +13.50%
Jan 1989 - Dec 1993
4.36%
19 out of 436
-4.52%
Jan 2021 - Dec 2025
+3.89% +9.22%
Jan 1989 - Dec 1993
12.39%
54 out of 436
-0.16%
Oct 2016 - Sep 2022
+6.35% +12.92%
Oct 1987 - Sep 1993
0.24%
1 out of 424
-3.69%
Sep 2019 - Aug 2025
+3.97% +8.59%
Oct 1987 - Sep 1993
12.03%
51 out of 424
+0.18%
Oct 2016 - Sep 2023
+6.27% +13.10%
Jan 1985 - Dec 1991
0.00%
0 out of 412
-3.23%
Oct 2016 - Sep 2023
+3.91% +8.82%
Jan 1985 - Dec 1991
12.38%
51 out of 412
+0.78%
Mar 2015 - Feb 2023
+6.27% +13.47%
Mar 1985 - Feb 1993
0.00%
0 out of 400
-2.29%
Mar 2015 - Feb 2023
+3.89% +9.34%
Mar 1985 - Feb 1993
12.00%
48 out of 400
+1.20%
Nov 2014 - Oct 2023
+6.20% +13.33%
Jan 1985 - Dec 1993
0.00%
0 out of 388
-1.81%
Sep 2016 - Aug 2025
+3.89% +9.28%
Jan 1985 - Dec 1993
12.37%
48 out of 388
+1.47%
Jan 2013 - Dec 2022
+6.14% +11.30%
Mar 1985 - Feb 1995
0.00%
0 out of 376
-1.47%
Apr 2016 - Mar 2026
+3.83% +7.47%
Mar 1985 - Feb 1995
12.23%
46 out of 376
+1.60%
Nov 2012 - Oct 2023
+6.16% +11.96%
Jan 1985 - Dec 1995
0.00%
0 out of 364
-1.20%
Apr 2015 - Mar 2026
+3.75% +8.18%
Jan 1985 - Dec 1995
11.54%
42 out of 364
+2.13%
Apr 2013 - Mar 2025
+6.06% +11.33%
Jan 1985 - Dec 1996
0.00%
0 out of 352
-0.55%
Apr 2013 - Mar 2025
+3.75% +7.59%
Jan 1985 - Dec 1996
8.81%
31 out of 352
+2.18%
Apr 2013 - Mar 2026
+6.14% +10.25%
Mar 1985 - Feb 1998
0.00%
0 out of 340
-0.48%
Apr 2013 - Mar 2026
+3.70% +6.74%
Mar 1985 - Feb 1998
4.12%
14 out of 340
+2.64%
Apr 2012 - Mar 2026
+6.18% +10.60%
Mar 1985 - Feb 1999
0.00%
0 out of 328
+0.04%
Apr 2012 - Mar 2026
+3.68% +7.20%
Mar 1985 - Feb 1999
0.00%
0 out of 328
+2.97%
Sep 2010 - Aug 2025
+6.17% +9.89%
Mar 1985 - Feb 2000
0.00%
0 out of 316
+0.30%
Sep 2010 - Aug 2025
+3.76% +6.50%
Mar 1985 - Feb 2000
0.00%
0 out of 316
+3.28%
Apr 2010 - Mar 2026
+6.28% +10.00%
Mar 1985 - Feb 2001
0.00%
0 out of 304
+0.67%
Apr 2010 - Mar 2026
+3.85% +6.59%
Mar 1985 - Feb 2001
0.00%
0 out of 304
+3.52%
Nov 2006 - Oct 2023
+6.30% +9.92%
Mar 1985 - Feb 2002
0.00%
0 out of 292
+0.99%
Nov 2006 - Oct 2023
+3.80% +6.63%
Mar 1985 - Feb 2002
0.00%
0 out of 292
+3.53%
Oct 2005 - Sep 2023
+6.26% +9.98%
Mar 1985 - Feb 2003
0.00%
0 out of 280
+1.06%
Oct 2005 - Sep 2023
+3.79% +6.69%
Mar 1985 - Feb 2003
0.00%
0 out of 280
+3.65%
Nov 2004 - Oct 2023
+6.33% +9.59%
Mar 1985 - Feb 2004
0.00%
0 out of 268
+1.08%
Nov 2004 - Oct 2023
+3.92% +6.39%
Mar 1985 - Feb 2004
0.00%
0 out of 268
+3.70%
Mar 2003 - Feb 2023
+6.12% +9.35%
Mar 1985 - Feb 2005
0.00%
0 out of 256
+1.11%
Oct 2003 - Sep 2023
+3.82% +6.15%
Mar 1985 - Feb 2005
0.00%
0 out of 256
+4.23%
Apr 2001 - Mar 2026
+6.18% +8.56%
Mar 1985 - Feb 2010
0.00%
0 out of 196
+1.67%
Apr 2001 - Mar 2026
+3.88% +5.50%
Mar 1985 - Feb 2010
0.00%
0 out of 196
+4.52%
Jan 1996 - Dec 2025
+6.68% +8.24%
Mar 1985 - Feb 2015
0.00%
0 out of 136
+1.94%
Jan 1996 - Dec 2025
+4.16% +5.41%
Mar 1985 - Feb 2015
0.00%
0 out of 136
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