IMO not as much importance in a graph of a bond fund.
You want to know current yield and present average duration of the holdings.
Graphs of equity positions may or may not show the effect of reinvested divvy's. That info is usually in the fine print of the notes on the graph.
Graphs by definition are performance looking in the past.
And do not necessarily factor how things go forward.
Particularly if legislative or tax scenarios change.
I agree about bonds graph but graph is of real importance with equity ETF as they have dividend companies
This what I think I know about bond ETF
1 bond prices will fall and rise with interest rates as your bond becomes more or less valuable as interest rates go up or down because your bond interest does not change but yield does as yield is interest divided by bond price
2 bond price also changes with bond security ratings
3 So, bond ETF value changes when the value of their bonds fluctuate but ETF bonds
expire daily and so they buy more bonds daily so they are continually changing bonds to match
current interest
4 If you do not want bond value flucuation then buy your own as interest payouts will not change
and you get all your original bond price on due date but you lose liquidity
5 Bond prices generally lag equity in both up and down markets
IE they rise less or fall less , but that depends on above points so
they can actually rise in a bear or fall in a bull
It is still important to understand a bond graph so you can compare accurately