The Motley FoolT3·33mo ago
BNDW Vanguard Total World Bond ETF
ETF 66.29 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
BNDW
$66.29
—
Key stats
$66.29
Pre-market
$66.29
+0.01%
- 52-Week Range
- $65.47 – $70.36
- YTD
- -3.55%
- IV Rank (30D)
- 21.82
- Straddle Price
- $1.23
- P/C Vol Ratio
- 0.00
- Open
- $66.40
- Day Range
- $66.17 – $66.42
- Volume
- 96,203
- Prev Close
- $66.31
About
Vanguard Total World Bond ETF (BNDW) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2018-09-04
- Has Options
- Yes
- Homepage
- https://investor.vanguard.com/etf
Fund profile
holdings as of Sep 30, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.05% issuer, Oct 21, 2026
- Assets
- $1.9B shares × price, Oct 20, 2026
- Trailing yield
- 4.40% paid monthly
- Average daily volume
- $8.2M 30 sessions
- Holdings
- 4 top 10 are 100.0%
- Listed
- Sep 4, 2018 Nasdaq
- Net asset value
- $66.32 issuer, Oct 20, 2026 · closed -0.02% to NAV
- 30-day SEC yield
- 4.46% issuer, Sep 30, 2026
- Tracking difference
- -0.01 pts vs index, after fees, FY 2025
Cost92
Liquidity64
Scale84
Diversification0
Moves with. Long Treasuries (57% of its variance, beta 0.27); US large-cap stocks (10% of its variance, beta 0.07); Developed markets ex-US over US (5% of its variance, beta 0.05). These factors explain 78% of its daily moves over the last year.
Stated objective. Vanguard Total World Bond ETF (the Fund) seeks to track the performance of a broad, market-weighted index that measures the investment return of investment-grade U.S. bonds and investment-grade non-U.S. dollar-denominated bonds. (from the fund's prospectus)
All 4 holdingsFlow historyOverlap toolAll International Bond ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$230M latest reported month
- Latest 3 months
- +$315M +16.7% of assets
- Latest 12 months
- +$650M +34.5% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$230M |
| Apr 2026 | +$77M |
| Mar 2026 | +$7.6M |
| Feb 2026 | +$4.4M |
| Jan 2026 | −$3.3M |
| Dec 2025 | +$79M |
| Nov 2025 | +$29M |
| Oct 2025 | +$55M |
| Sep 2025 | +$40M |
| Aug 2025 | +$58M |
| Jul 2025 | +$40M |
| Jun 2025 | +$33M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BNDXVanguard Total International Bond ETF | — | 0.07% | $83.5B | −5.4% | compare |
| IAGGiShares Core International Aggregate Bond Fund | — | 0.07% | $12.6B | −4.7% | compare |
| NXUSNuveen International Aggregate Bond ETF | — | 0.08% | $3.9B | −3.8% | compare |
| DFGPDimensional Global Core Plus Fixed Income ETF | — | 0.22% | $3.7B | −7.0% | compare |
| JPIBJPMorgan International Bond Opportunities ETF | — | 0.50% | $2.3B | −4.6% | compare |
The largest other funds in the International Bond category.
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 5 active of 40 with agreements; top 3 did 87%
- Created · redeemed
- $698M · $111M over the fiscal year
- Redemptions in kind
- 1% creations 1% in kind
- Creation unit
- 10,000 shares
- Securities lending
- not authorized
- Return vs index
- -0.01 pts after fees; +0.05 before; daily s.d. 1.18
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-09-30
Holdings
4
AUM
$1.9B
Provider
Vanguard
Inception
2018-09-04
Exchange
XNAS
Data As Of
2026-09-30
Expense Ratio
0.05%
Dividend Yield
4.40%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-05 | $0.1972 | CD |
| 2026-09-01 | 2026-09-03 | $0.2060 | CD |
| 2026-08-03 | 2026-08-05 | $0.2006 | CD |
| 2026-07-01 | 2026-07-06 | $0.1935 | CD |
| 2026-06-01 | 2026-06-03 | $0.1967 | CD |
| 2026-05-01 | 2026-05-05 | $0.1939 | CD |
Asset Allocation
Top Holdings
top 4 of 4 holdings
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.70% | -1.34% | 2.18% | -0.09% | 0.29% | 0.41% | 0.13% |
| Feb | -1.85% | -1.10% | -2.55% | -1.40% | 1.40% | 1.68% | -0.64% |
| Mar | -0.64% | -3.28% | 3.00% | 0.65% | -0.61% | -1.59% | -0.41% |
| Apr | 0.04% | -3.26% | 0.05% | -1.37% | 0.76% | 0.00% | -0.63% |
| May | 0.13% | 0.45% | 0.20% | 0.70% | -0.16% | 0.46% | 0.30% |
| Jun | 0.70% | -1.34% | -0.34% | 0.31% | 1.09% | 0.51% | 0.15% |
| Jul | 1.30% | 2.05% | 0.10% | 2.65% | -0.19% | -1.13% | 0.80% |
| Aug | -0.57% | -3.64% | 0.30% | 0.78% | 0.03% | -0.24% | -0.56% |
| Sep | -1.08% | -3.23% | -1.72% | 1.00% | 1.15% | -1.64% | -0.92% |
| Oct | -0.50% | -1.39% | -0.27% | -2.04% | 0.64% | 0.79%* | -0.46% |
| Nov | 0.77% | 3.00% | 3.14% | 1.54% | 0.32% | -- | 1.75% |
| Dec | -1.89% | -2.77% | 1.21% | -2.50% | -1.19% | -- | -1.43% |
| Total | -4.26% | -14.97% | 5.26% | 0.10% | 3.55% | -0.80% | -1.85% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $66.01
SMA 50: $66.65
SMA 200: $67.98
Current: $66.29
EMA 12: $66.17
EMA 26: $66.26
MACD: -0.0843 | Signal: 0.0932
BEARISH
ADX (14): 25.41
TREND
+DI: 23.82
−DI: 31.55
Momentum Oscillators
RSI (14): 50.57
NEUTRAL
Stoch %K: 71.57
Stoch %D: 74.44
Williams %R: -27.10
Volume & Volatility
BB Upper: $66.44
BB Lower: $65.59
NEUTRAL
OBV: 475,192
Vol SMA 20: 122,737
Vol ROC: -21.10%
ATR: $0.24
True Range: $0.24
HV 20: 3.0%
HV 30: 4.2%
HV 60: 4.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report - BNDW
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10
Key Drivers:
- Technical indicators suggest a range-bound market, with no clear trend direction
- Options metrics indicate low volatility and bullish sentiment
- Recent news headlines are neutral, with no significant catalysts driving the stock price
Primary Risks:
- Low trading volume may indicate limited institutional interest
- Beta suggests the stock moves less than the market, potentially limiting upside potential
Investment Thesis: BNDW is a fixed-income ETF that tracks the performance of high-quality bonds. With a low beta and stable historical volatility, it appears to be a defensive play in a rising rate environment.
Recent News Sentiment Impact: Neutral headlines have had little impact on the stock price, as the market has been driven by fundamental factors rather than news sentiment.
Technical Analysis
Trend Direction: Range-bound (1-4 weeks), Medium-term (1-3 months)
Support/Resistance Levels: SMA 20 ($67.65) and SMA 50 ($67.98) are key price levels from moving averages
Momentum Signals:
- RSI interpretation: Neutral (48.58)
- MACD signal: Bearish momentum
- Bollinger Bands position: Squeeze, indicating potential for a breakout or mean reversion
- Volume Analysis: Low volume and no clear institutional interest signals
News & Sentiment Analysis
Recent Headlines Summary: 6 recent headlines are neutral, with no significant catalysts driving the stock price.
Sentiment Assessment: Neutral sentiment prevails, as news headlines have had little impact on the stock price.
Catalyst Identification: None apparent from recent news headlines.
Market Narrative: The market has been driven by fundamental factors rather than news sentiment, suggesting a lack of clear direction.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to the market (beta 0.11).
Volatility Regime: Current volatility is low compared to historical levels.
Options Market Signals:
- IV rank: 24.2% (Low)
- Put/call ratio: 0.50 (Bullish sentiment)
- Unusual activity: None apparent
Downside Protection: SMA 20 ($67.65) and SMA 50 ($67.98) provide support levels.
Market Context & Positioning
Sector Performance: Fixed-income sector has performed relatively well compared to other sectors.
Institutional Activity: Low volume suggests limited institutional interest signals.
Correlation Analysis: The stock's correlation with the market is low (R-squared interpretation).
Relative Valuation: BNDW is positioned within a trading range, indicating no clear value or momentum.
Key Levels & Action Items
Critical Price Levels: SMA 20 ($67.65) and SMA 50 ($67.98) are key price levels to monitor.
Breakout/Breakdown Levels: None apparent from recent technical signals.
Time-Sensitive Catalysts: No upcoming events or releases that could significantly impact the stock price.
Risk Management: Monitor volume and sentiment indicators for signs of institutional interest or potential mean reversion.
Please note that this report is a template, and actual data should be used to generate a comprehensive analysis.
Generated
News
All BNDW news →
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Showing 1–10 of 17
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BNDW Options Activity & IV Rank
BNDW IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 14.5%
7-DTE IV: —
Expected Move: $1.23
7-DTE Move: $1.23
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 1
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 1
Put OI: 0
P/C OI: —
Total OI: 1
ATM Options Pricing
ATM Call: $1.23
ATM Put: $0.00
Call %: 1.8%
Put %: 0.0%
Chain Summary
Chain Volume: 6
Chain OI: 16
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 15.6% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)21.8LowOct 21
Straddle Price (30 DTE)$1.23Oct 21
Beta Analysis
Risk Metrics
Beta: 0.1320
Alpha: -7.79%
Correlation: 0.4336
R-Squared: 18.8%
Stock Volatility: 3.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
BNDW Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
1 filers$411.18K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $411.18K | 100.00% | 2026-06-30 |
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
66.61K
SI % of Float
0.23%
Days to Cover
1.00
Short Vol Ratio
45.6%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|