Vanguard Total International Bond (BNDX) to EUR: Rolling Returns

Simulation Settings
Category:
Period: January 1985 - February 2025 (~40 years)
Currency: EUR
BNDX is not denominated in EUR. Returns are simulated using exchange rates or interest rate differentials in case of currency hedging.
Inflation: Eurozone
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The minimum date range must be at least 24 months. 'Date To' cannot be beyond February 2025.
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This asset allocation includes ETFs not denominated in EUR. Returns are calculated using exchange rates or, if applicable, interest rate differentials for currency hedging.

When holding the Vanguard Total International Bond (BNDX) to EUR ETF, how long should you stay invested to have high probability to achieve a positive return?

Over the selected period (~40 years), the longest duration with a negative return was 111 months (from February 2002 to April 2011).

This indicates that, within the same timeframe, any rolling period of 112 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) TO EUR ETF
Previous vs Next Returns - 10 Years annualized
Time Period: 1 March 1995 - 28 February 2025 (30 Years)
Time Period: 1 January 1985 - 28 February 2025 (~40 years)

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As of Feb 28, 2025, the annualized return of the previous 10 years has been 2.66%.

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) TO EUR ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Time Period: 1 March 1995 - 28 February 2025 (30 Years)
Time Period: 1 January 1985 - 28 February 2025 (~40 years)
Eurozone 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) TO EUR ETF
Rolling Returns Chart
Rolling Returns Chart - Inflation Adjusted
Time Period: 1 January 1985 - 28 February 2025 (~40 years)
Eurozone Inflation Adjusted:

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Swipe left to see all data
Worst Median Best Negative Periods
-17.08%
Sep 1989 - Aug 1990
+6.03% +48.45%
Sep 1992 - Aug 1993
36.31%
171 out of 471
-19.97%
Sep 1989 - Aug 1990
+3.96% +43.51%
Sep 1992 - Aug 1993
42.46%
200 out of 471
-11.58%
Feb 2002 - Jan 2004
+5.21% +25.09%
Jan 1992 - Dec 1993
26.80%
123 out of 459
-13.33%
Feb 2002 - Jan 2004
+3.22% +23.64%
Jul 2008 - Jun 2010
37.04%
170 out of 459
-7.73%
Mar 2002 - Feb 2005
+5.45% +24.98%
Nov 1990 - Oct 1993
16.55%
74 out of 447
-9.55%
Mar 2002 - Feb 2005
+3.54% +20.74%
Nov 1990 - Oct 1993
31.10%
139 out of 447
-3.34%
Apr 2001 - Mar 2005
+6.07% +16.91%
Feb 1990 - Jan 1994
16.09%
70 out of 435
-5.96%
Sep 2019 - Aug 2023
+4.03% +14.12%
Apr 1997 - Mar 2001
26.21%
114 out of 435
-3.16%
Feb 2002 - Jan 2007
+6.61% +15.21%
May 1995 - Apr 2000
8.98%
38 out of 423
-5.15%
Dec 2002 - Nov 2007
+4.28% +13.41%
May 1995 - Apr 2000
24.82%
105 out of 423
-4.10%
Apr 2002 - Mar 2008
+6.61% +15.91%
Apr 1995 - Mar 2001
6.81%
28 out of 411
-6.27%
Apr 2002 - Mar 2008
+4.58% +13.97%
Apr 1995 - Mar 2001
19.46%
80 out of 411
-3.37%
Jul 2001 - Jun 2008
+6.45% +14.53%
Apr 1995 - Mar 2002
7.02%
28 out of 399
-5.60%
Jul 2001 - Jun 2008
+4.76% +12.49%
Apr 1995 - Mar 2002
16.04%
64 out of 399
-1.57%
Jun 2001 - May 2009
+6.44% +13.48%
Sep 1992 - Aug 2000
5.43%
21 out of 387
-3.53%
Jun 2001 - May 2009
+4.51% +11.15%
Sep 1992 - Aug 2000
15.76%
61 out of 387
+0.05%
Nov 2000 - Oct 2009
+6.66% +13.04%
Sep 1992 - Aug 2001
0.00%
0 out of 375
-1.97%
Nov 2000 - Oct 2009
+4.58% +10.70%
Sep 1992 - Aug 2001
13.60%
51 out of 375
+0.65%
Jul 2001 - Jun 2011
+6.47% +14.13%
Nov 1990 - Oct 2000
0.00%
0 out of 363
-1.38%
Jul 2001 - Jun 2011
+4.60% +11.47%
Nov 1990 - Oct 2000
4.13%
15 out of 363
+1.95%
Nov 2000 - Oct 2011
+6.38% +13.60%
Nov 1990 - Oct 2001
0.00%
0 out of 351
-0.19%
May 2000 - Apr 2011
+4.48% +10.96%
Nov 1990 - Oct 2001
1.14%
4 out of 351
+1.89%
Mar 2002 - Feb 2014
+6.10% +12.00%
Feb 1990 - Jan 2002
0.00%
0 out of 339
-0.05%
Mar 2002 - Feb 2014
+4.14% +9.38%
Nov 1990 - Oct 2002
0.29%
1 out of 339
+2.31%
Jun 2001 - May 2014
+5.85% +11.76%
Dec 1987 - Nov 2000
0.00%
0 out of 327
+0.37%
Jun 2001 - May 2014
+3.98% +8.98%
Dec 1987 - Nov 2000
0.00%
0 out of 327
+3.31%
May 2000 - Apr 2014
+5.84% +11.85%
Jan 1988 - Dec 2001
0.00%
0 out of 315
+1.26%
May 2000 - Apr 2014
+3.91% +9.09%
Jan 1988 - Dec 2001
0.00%
0 out of 315
+3.41%
Aug 1993 - Jul 2008
+5.80% +10.49%
Dec 1987 - Nov 2002
0.00%
0 out of 303
+1.22%
Aug 1993 - Jul 2008
+3.91% +7.81%
Dec 1987 - Nov 2002
0.00%
0 out of 303
+2.94%
Feb 2002 - Jan 2018
+5.84% +9.46%
Mar 1986 - Feb 2002
0.00%
0 out of 291
+1.29%
Feb 2002 - Jan 2018
+3.84% +7.09%
Mar 1986 - Feb 2002
0.00%
0 out of 291
+3.41%
Apr 2001 - Mar 2018
+5.81% +8.40%
Feb 1985 - Jan 2002
0.00%
0 out of 279
+1.68%
Apr 2001 - Mar 2018
+3.80% +6.13%
Feb 1985 - Jan 2002
0.00%
0 out of 279
+3.93%
Nov 2000 - Oct 2018
+5.94% +8.81%
Jan 1988 - Dec 2005
0.00%
0 out of 267
+2.08%
Dec 2005 - Nov 2023
+3.70% +6.19%
Jan 1988 - Dec 2005
0.00%
0 out of 267
+3.37%
Mar 2002 - Feb 2021
+6.15% +7.87%
Jan 1988 - Dec 2006
0.00%
0 out of 255
+1.80%
Mar 2002 - Feb 2021
+3.95% +5.31%
Jan 1988 - Dec 2006
0.00%
0 out of 255
+3.34%
Jun 2001 - May 2021
+6.03% +8.10%
Sep 1990 - Aug 2010
0.00%
0 out of 243
+1.59%
Apr 2002 - Mar 2022
+3.93% +6.01%
Apr 1995 - Mar 2015
0.00%
0 out of 243
+4.31%
Jun 1999 - May 2024
+6.17% +8.23%
Dec 1990 - Nov 2015
0.00%
0 out of 183
+2.14%
Jun 1999 - May 2024
+4.11% +6.07%
Dec 1990 - Nov 2015
0.00%
0 out of 183
+4.76%
Jan 1994 - Dec 2023
+6.66% +7.31%
Nov 1990 - Oct 2020
0.00%
0 out of 123
+2.65%
Jan 1994 - Dec 2023
+4.55% +5.36%
Nov 1990 - Oct 2020
0.00%
0 out of 123
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