Vanguard Total International Bond (BNDX): Rolling Returns

Simulation Settings
Category:
Period: January 1985 - June 2025 (~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 July 1995 - 30 June 2025 (30 Years)
Time Period: 1 January 1985 - 30 June 2025 (~41 years)
30 Years
(1995/07 - 2025/06)
All Data
(1985/01 - 2025/06)

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As of Jun 30, 2025, the annualized return of the previous 10 years has been 2.20%.

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 July 1995 - 30 June 2025 (30 Years)
Time Period: 1 January 1985 - 30 June 2025 (~41 years)
30 Years
(1995/07 - 2025/06)
All Data
(1985/01 - 2025/06)
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 - 30 June 2025 (~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
+6.05% +31.75%
Mar 1985 - Feb 1986
12.21%
58 out of 475
-19.60%
Oct 2021 - Sep 2022
+3.24% +29.20%
May 1985 - Apr 1986
26.11%
124 out of 475
-7.67%
Jan 2021 - Dec 2022
+5.88% +22.63%
Mar 1985 - Feb 1987
6.48%
30 out of 463
-13.54%
Jan 2021 - Dec 2022
+3.42% +19.57%
Mar 1985 - Feb 1987
14.90%
69 out of 463
-4.35%
Nov 2020 - Oct 2023
+6.14% +17.37%
Nov 1990 - Oct 1993
7.54%
34 out of 451
-9.52%
Nov 2020 - Oct 2023
+3.68% +14.00%
Nov 1990 - Oct 1993
11.31%
51 out of 451
-2.63%
Oct 2019 - Sep 2023
+6.16% +14.73%
Feb 1990 - Jan 1994
6.83%
30 out of 439
-6.94%
Oct 2019 - Sep 2023
+3.73% +10.86%
Feb 1990 - Jan 1994
10.25%
45 out of 439
-0.52%
Sep 2019 - Aug 2024
+6.26% +13.50%
Jan 1989 - Dec 1993
3.04%
13 out of 427
-4.50%
Sep 2019 - Aug 2024
+3.97% +9.22%
Jan 1989 - Dec 1993
10.54%
45 out of 427
-0.16%
Oct 2016 - Sep 2022
+6.43% +12.92%
Oct 1987 - Sep 1993
0.24%
1 out of 415
-3.53%
Oct 2016 - Sep 2022
+4.04% +8.59%
Oct 1987 - Sep 1993
10.12%
42 out of 415
+0.18%
Oct 2016 - Sep 2023
+6.32% +13.10%
Jan 1985 - Dec 1991
0.00%
0 out of 403
-3.23%
Oct 2016 - Sep 2023
+3.93% +8.82%
Jan 1985 - Dec 1991
10.42%
42 out of 403
+0.78%
Mar 2015 - Feb 2023
+6.30% +13.47%
Mar 1985 - Feb 1993
0.00%
0 out of 391
-2.29%
Mar 2015 - Feb 2023
+3.94% +9.34%
Mar 1985 - Feb 1993
9.97%
39 out of 391
+1.20%
Nov 2014 - Oct 2023
+6.23% +13.33%
Jan 1985 - Dec 1993
0.00%
0 out of 379
-1.68%
May 2015 - Apr 2024
+3.93% +9.28%
Jan 1985 - Dec 1993
10.29%
39 out of 379
+1.47%
Jan 2013 - Dec 2022
+6.18% +11.30%
Mar 1985 - Feb 1995
0.00%
0 out of 367
-1.35%
Apr 2015 - Mar 2025
+3.85% +7.47%
Mar 1985 - Feb 1995
10.08%
37 out of 367
+1.60%
Nov 2012 - Oct 2023
+6.23% +11.96%
Jan 1985 - Dec 1995
0.00%
0 out of 355
-0.98%
Nov 2012 - Oct 2023
+3.79% +8.18%
Jan 1985 - Dec 1995
9.30%
33 out of 355
+2.13%
Apr 2013 - Mar 2025
+6.12% +11.33%
Jan 1985 - Dec 1996
0.00%
0 out of 343
-0.55%
Apr 2013 - Mar 2025
+3.82% +7.59%
Jan 1985 - Dec 1996
6.41%
22 out of 343
+2.48%
Nov 2010 - Oct 2023
+6.20% +10.25%
Mar 1985 - Feb 1998
0.00%
0 out of 331
-0.17%
Oct 2010 - Sep 2023
+3.73% +6.74%
Mar 1985 - Feb 1998
1.51%
5 out of 331
+2.94%
Sep 2010 - Aug 2024
+6.25% +10.60%
Mar 1985 - Feb 1999
0.00%
0 out of 319
+0.28%
Sep 2010 - Aug 2024
+3.74% +7.20%
Mar 1985 - Feb 1999
0.00%
0 out of 319
+3.19%
Jul 2010 - Jun 2025
+6.20% +9.89%
Mar 1985 - Feb 2000
0.00%
0 out of 307
+0.55%
Jul 2010 - Jun 2025
+3.81% +6.50%
Mar 1985 - Feb 2000
0.00%
0 out of 307
+3.51%
Mar 2008 - Feb 2024
+6.29% +10.00%
Mar 1985 - Feb 2001
0.00%
0 out of 295
+1.08%
Nov 2007 - Oct 2023
+3.86% +6.59%
Mar 1985 - Feb 2001
0.00%
0 out of 295
+3.52%
Nov 2006 - Oct 2023
+6.34% +9.92%
Mar 1985 - Feb 2002
0.00%
0 out of 283
+0.99%
Nov 2006 - Oct 2023
+3.83% +6.63%
Mar 1985 - Feb 2002
0.00%
0 out of 283
+3.53%
Oct 2005 - Sep 2023
+6.33% +9.98%
Mar 1985 - Feb 2003
0.00%
0 out of 271
+1.06%
Oct 2005 - Sep 2023
+3.85% +6.69%
Mar 1985 - Feb 2003
0.00%
0 out of 271
+3.65%
Nov 2004 - Oct 2023
+6.36% +9.59%
Mar 1985 - Feb 2004
0.00%
0 out of 259
+1.08%
Nov 2004 - Oct 2023
+3.97% +6.39%
Mar 1985 - Feb 2004
0.00%
0 out of 259
+3.70%
Mar 2003 - Feb 2023
+6.18% +9.35%
Mar 1985 - Feb 2005
0.00%
0 out of 247
+1.11%
Oct 2003 - Sep 2023
+3.87% +6.15%
Mar 1985 - Feb 2005
0.00%
0 out of 247
+4.29%
Nov 1998 - Oct 2023
+6.23% +8.56%
Mar 1985 - Feb 2010
0.00%
0 out of 187
+1.69%
Nov 1998 - Oct 2023
+3.92% +5.50%
Mar 1985 - Feb 2010
0.00%
0 out of 187
+4.58%
Nov 1993 - Oct 2023
+6.73% +8.24%
Mar 1985 - Feb 2015
0.00%
0 out of 127
+2.00%
Nov 1993 - Oct 2023
+4.18% +5.41%
Mar 1985 - Feb 2015
0.00%
0 out of 127
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