Vanguard International Fixed Interest Index (Hedged) ETF (VIF) Review & Analysis
- −1.5% in September (total return), ahead of the median international bonds ETF at −1.8%.
- Investors withdrew a net $3.7m (-0.4% of the fund).
- The unit price closed the month at $35.16, near its 12-month low (range $35.07 to $39.67).
About VIF
VIF holds government bonds issued by countries around the world, with the currency exposure hedged back to Australian dollars. It tracks the Bloomberg Global Treasury Index (hedged), is passively managed and owns a very large number of bonds from the US, Japan, Europe, the UK and other developed nations.
These are high-quality government bonds, so default risk is low, and the main driver of returns is global interest rates. When rates rise around the world, prices fall, as they did sharply in recent years; when rates fall, prices rise. Because the currency is hedged, returns are not much affected by the Australian dollar, but hedging adds a small cost or benefit depending on interest rate gaps between countries. Income comes from interest and is unfranked. In a share market crisis, global government bonds have often provided some protection.
VIF is often used to diversify a defensive allocation beyond Australian bonds. Alternatives include VBND, which adds corporate bonds, and VCF, which holds only corporate bonds; see VBND vs VIF and VIF vs VCF.
VIF distributions and dividend dates
VIF pays distributions quarterly, usually going ex-distribution in January, April, July and October, with payment about 16 days after the ex-date.
The latest distribution was $0.1735 per unit (0% franked), ex-distribution on 1 October 2026 and paid on 16 October 2026. To receive it you need to own VIF before the ex-date.
Its distribution yield over the past 12 months is about 9.3%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare VIF with
| Fee | 0.20% | 0.30% |
| 1 year | −1.7% | −0.6% |
| 5 yrs p.a. | −1.5% | −0.9% |
| Size | $862m | $172m |
| Fee | 0.20% | 0.20% |
| 1 year | −1.7% | −1.2% |
| 5 yrs p.a. | −1.5% | −1.3% |
| Size | $862m | $4.9bn |
| Fee | 0.20% | 0.50% |
| 1 year | −1.7% | −1.1% |
| 5 yrs p.a. | −1.5% | – |
| Size | $862m | $29m |
| Fee | 0.20% | 0.19% |
| 1 year | −1.7% | −1.0% |
| 5 yrs p.a. | −1.5% | – |
| Size | $862m | $455m |
VIF price by TradingView
| Stock Code | VIF |
|---|---|
| Fund Manager | Vanguard |
| Asset Class | International bonds |
| AUM | $862m |
| MER (%) | 0.20% |
| Net flows (Sep) | −$3.7m |
| Last Price | $35.16 |
| 52-Week Range | $35.07 – $39.67 |
| Bid/Ask Spread | 0.07% |
| Listing Date | 08/12/2015 |
| Exchange | ASX |
| Index tracked | Bloomberg Global Treasury Scaled Index (hedged) |
| Issuer website | Vanguard ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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