Vanguard Long-Term Corporate Bond ETF (VCLT)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Long-Term Corporate Bond ETF (VCLT) is up 1.3% since the beginning of the year. VCLT is currently trading at $75 per share. Investors who bought $1,000 worth of VCLT shares 5 years ago would now be looking at an investment worth $897.

Vanguard Long-Term Corporate Bond ETF (VCLT) has returned 1.27% so far this year and 6.37% over the past 12 months. Over the last ten years, VCLT has returned 2.24% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Nov 23, 2009, VCLT's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2023 with a return of +11.2%, while the worst month was Apr 2022 at -10.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, VCLT closed higher 53% of trading days. The best single day was Mar 23, 2020 with a return of +9.8%, while the worst single day was Mar 18, 2020 at -8.8%.

Vanguard Long-Term Corporate Bond ETF has an annualized alpha of 4.20%, beta of 0.08, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 23, 2009.

• This ETF participated in 33.39% of S&P 500 Index downside but only 29.01% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.08 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

VCLT has an expense ratio of 0.03%, which is considered low.

VCLT ranks 23 for risk / return — below 23% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Vanguard Long-Term Corporate Bond ETF provided a 5.53% dividend yield over the last twelve months, with an annual payout of $4.15 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Vanguard Long-Term Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Vanguard Long-Term Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Long-Term Corporate Bond ETF was 34.31%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Vanguard Long-Term Corporate Bond ETF drawdown is 14.12%.

The chart below shows the rolling one-month volatility.