VGAVX Alternatives & Similar Mutual Funds

Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VGAVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VGAVX

VGAVX charges 0.20% annually. There are 23 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	VGAVX vs GUSTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	VGAVX vs FUAMX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	VGAVX vs FNBGX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	VGAVX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	VGAVX vs FUTBX

Best Risk-Adjusted Alternatives to VGAVX

VGAVX has a PortfoliosLab risk / return rank of 76. There are 6 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	VGAVX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	VGAVX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	88	—	Aug 2010	VGAVX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	86	33.50B	Dec 2009	VGAVX vs VSBSX
MDSIX	Integrity Short Term Government Fund	84	—	Jun 2011	VGAVX vs MDSIX

Top Performing VGAVX Alternatives (YTD)

VGAVX is at 1.65% YTD. There are 2 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	VGAVX vs FEUGX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.70%	6.50B	Feb 2015	VGAVX vs VGIVX
MDSIX	Integrity Short Term Government Fund	1.65%	—	Jun 2011	VGAVX vs MDSIX
GUSTX	GMO U.S. Treasury Fund	1.46%	—	Mar 2009	VGAVX vs GUSTX
DFFGX	DFA Short-Term Government Portfolio	1.38%	—	May 1987	VGAVX vs DFFGX

Lowest Volatility Alternatives to VGAVX

VGAVX has 4.12% 1-year volatility. There are 66 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	1.21%	—	May 1987	VGAVX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.22%	—	Mar 2009	VGAVX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.27%	—	Aug 2010	VGAVX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.28%	33.50B	Dec 2009	VGAVX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	VGAVX vs FEUGX

Lowest Drawdown Alternatives to VGAVX

VGAVX has a 1-year max drawdown of -3.97%. There are 83 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	VGAVX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	VGAVX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	VGAVX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	VGAVX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.50B	Dec 2009	VGAVX vs VSBSX

Other Mutual Funds from Vanguard

The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	71	11.98%	2.20T	Nov 2000	VGAVX vs VTSAX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	73	11.69%	1.60T	Nov 2000	VGAVX vs VFIAX
VTIAX	Vanguard Total International Stock Index Fund Admi...	Large Cap Blend Equities, Foreign Large Cap Equities	58	15.40%	629.30B	Nov 2010	VGAVX vs VTIAX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	34	10.82%	365.00B	Nov 2000	VGAVX vs VIGAX
VWELX	Vanguard Wellington Fund Investor Shares	Diversified Portfolio	74	7.11%	121.30B	Jul 1929	VGAVX vs VWELX
VBTLX	Vanguard Total Bond Market Index Fund Admiral Shar...	Total Bond Market	23	0.42%	389.80B	Nov 2001	VGAVX vs VBTLX
VIGIX	Vanguard Growth Index Fund Institutional Shares	Large Cap Growth Equities	34	10.83%	365.00B	May 1998	VGAVX vs VIGIX
VDIGX	Vanguard Dividend Growth Fund	Large Cap Blend Equities, Dividend	11	2.63%	36.80B	May 1992	VGAVX vs VDIGX
VITAX	Vanguard Information Technology Index Fund Admiral...	Technology Equities	81	33.66%	144.20B	Mar 2004	VGAVX vs VITAX
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	76	7.35%	62.30B	Nov 2000	VGAVX vs VBIAX

Often Compared With VGAVX

Investors most often compare VGAVX with VEGBX, FEDCX, VCEB. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	Emerging Markets Bonds	89	2.86%	—	Dec 2017	VGAVX vs VEGBX
FEDCX	Fidelity Series Emerging Markets Debt Fund	Emerging Markets Bonds	93	4.03%	—	Mar 2011	VGAVX vs FEDCX
VCEB	Vanguard ESG U.S. Corporate Bond ETF	Corporate Bonds, ESG	36	0.32%	1.20B	Sep 2020	VGAVX vs VCEB
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	73	11.69%	145.00B	May 1997	VGAVX vs SWPPX
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	VGAVX vs VOO
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	Emerging Markets Bonds	89	2.78%	5.60B	Mar 2016	VGAVX vs VEMBX
VEXAX	Vanguard Extended Market Index Fund Admiral Shares	Mid Cap Blend Equities	47	14.93%	89.90B	Nov 2000	VGAVX vs VEXAX
LQD	iShares iBoxx $ Investment Grade Corporate Bond ET...	Corporate Bonds	32	0.46%	29.78B	Jul 2002	VGAVX vs LQD
VTABX	Vanguard Total International Bond Index Fund Admir...	Total Bond Market	8	0.66%	118.10B	May 2013	VGAVX vs VTABX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	VGAVX vs VTI
VSGBX	Vanguard Short-Term Federal Fund Investor Shares	Total Bond Market	51	0.60%	4.50B	Dec 1987	VGAVX vs VSGBX
VGCIX	Vanguard Global Credit Bond Fund Investor Shares	Total Bond Market	33	0.97%	978.80M	Nov 2018	VGAVX vs VGCIX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	44	0.93%	—	Nov 1985	VGAVX vs PRGMX
VBLAX	Vanguard Long-Term Bond Index Fund Admiral Shares	Total Bond Market	11	0.45%	8.50B	Feb 2019	VGAVX vs VBLAX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	Government Bonds	6	-0.08%	—	Oct 2015	VGAVX vs FBLTX
PELBX	PIMCO Emerging Markets Local Currency and Bond Fun...	Emerging Markets Bonds	36	1.60%	—	Dec 2006	VGAVX vs PELBX
VWIAX	Vanguard Wellesley Income Fund Admiral Shares	Diversified Portfolio	58	3.59%	48.20B	May 2001	VGAVX vs VWIAX
SGINX	DWS GNMA Fund	Government Bonds	31	0.21%	—	Jul 2000	VGAVX vs SGINX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	Global Equities	39	8.43%	2.00B	Dec 2013	VGAVX vs VMVFX
LTUSX	Thornburg Limited Term U.S. Government Fund	Government Bonds	27	0.47%	—	Nov 1987	VGAVX vs LTUSX

Compare VGAVX with Any Fund or Stock

Compare VGAVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair VGAVX with funds that move differently

Vanguard Emerging Markets Government Bond Index Fund Admiral Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VGAVX.

Explore VGAVX Diversifiers

Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) Alternatives