CAFX vs. VGVT

Last updated Apr 14, 2026

CAFX (Congress Intermediate Bond ETF) and VGVT (Vanguard Government Securities Active ETF) are both Intermediate Core Bond funds. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. CAFX charges 0.35%/yr vs 0.10%/yr for VGVT.

Performance

CAFX vs. VGVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Congress Intermediate Bond ETF (CAFX) and Vanguard Government Securities Active ETF (VGVT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAFX achieves a 0.42% return, which is significantly lower than VGVT's 0.72% return.

CAFX

• 1D: 0.12%
• 1M: 0.45%
• YTD: 0.42%
• 6M: 1.09%
• 1Y: 5.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGVT

• 1D: 0.26%
• 1M: 0.46%
• YTD: 0.72%
• 6M: 1.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CAFX vs. VGVT - Yearly Performance Comparison

	2026 (YTD)	2025
CAFX Congress Intermediate Bond ETF	0.42%	2.78%
VGVT Vanguard Government Securities Active ETF	0.72%	3.28%

Correlation

The correlation between CAFX and VGVT is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.72

Return for Risk

CAFX vs. VGVT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAFX

CAFX Risk / Return Rank: 42
CAFX Sharpe Ratio Rank: 38
CAFX Sortino Ratio Rank: 44
CAFX Omega Ratio Rank: 40
CAFX Calmar Ratio Rank: 45
CAFX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAFX vs. VGVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Congress Intermediate Bond ETF (CAFX) and Vanguard Government Securities Active ETF (VGVT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CAFX	VGVT	Difference
Sharpe ratio Return per unit of total volatility	1.77	—	—
Sortino ratio Return per unit of downside risk	2.74	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	2.72	—	—
Martin ratio Return relative to average drawdown	9.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CAFX	VGVT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	1.66	-0.65

Drawdowns

CAFX vs. VGVT - Drawdown Comparison

The maximum CAFX drawdown since its inception was -2.63%, which is greater than VGVT's maximum drawdown of -2.42%. Use the drawdown chart below to compare losses from any high point for CAFX and VGVT.

Drawdown Indicators

	CAFX	VGVT	Difference
Max Drawdown Largest peak-to-trough decline	-2.63%	-2.42%	-0.21%
Max Drawdown (1Y) Largest decline over 1 year	-1.79%	—	—
Current Drawdown Current decline from peak	-0.78%	-1.16%	+0.38%
Average Drawdown Average peak-to-trough decline	-0.72%	-0.47%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	—	—

Volatility

Volatility by Period

	CAFX	VGVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	3.21%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.19%	3.21%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.19%	3.21%	-0.02%

CAFX vs. VGVT - Expense Ratio Comparison

CAFX has a 0.35% expense ratio, which is higher than VGVT's 0.10% expense ratio.

Dividends

CAFX vs. VGVT - Dividend Comparison

CAFX's dividend yield for the trailing twelve months is around 3.97%, more than VGVT's 3.26% yield.

	TTM	2025	2024
CAFX Congress Intermediate Bond ETF	3.97%	3.92%	0.96%
VGVT Vanguard Government Securities Active ETF	3.26%	2.29%	0.00%