EDV vs. VUG

Last updated Jun 4, 2026

EDV (Vanguard Extended Duration Treasury ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - EDV is a Government Bonds fund tracking the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 10 years, EDV returned -3.32%/yr vs 18.26%/yr for VUG. At a correlation of -0.21, they often move in opposite directions. EDV charges 0.05%/yr vs 0.03%/yr for VUG.

Performance

EDV vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Extended Duration Treasury ETF (EDV) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDV achieves a -0.72% return, which is significantly lower than VUG's 9.49% return. Over the past 10 years, EDV has underperformed VUG with an annualized return of -3.32%, while VUG has yielded a comparatively higher 18.26% annualized return.

EDV

• 1D: -0.48%
• 1M: 1.42%
• YTD: -0.72%
• 6M: -3.69%
• 1Y: 4.85%
• 3Y*: -5.25%
• 5Y*: -10.02%
• 10Y*: -3.32%

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

EDV vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDV Vanguard Extended Duration Treasury ETF	-0.72%	0.65%	-12.78%	1.65%	-39.15%	-6.19%	23.59%	18.67%	-3.40%	13.94%
VUG Vanguard Growth ETF	9.49%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%

Correlation

The correlation between EDV and VUG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Dec 14, 2007	-0.21

The correlation between EDV and VUG shifts across timeframes, from -0.21 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EDV vs. VUG — Risk / Return Rank

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

EDV

EDV Risk / Return Rank: 13
EDV Sharpe Ratio Rank: 13
EDV Sortino Ratio Rank: 13
EDV Omega Ratio Rank: 12
EDV Calmar Ratio Rank: 13
EDV Martin Ratio Rank: 13

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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.

EDV vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Duration Treasury ETF (EDV) and Vanguard Growth ETF (VUG). 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.

	EDV	VUG	Difference
Sharpe ratio: Return per unit of total volatility	0.33	1.77	-1.43
Sortino ratio: Return per unit of downside risk	0.58	2.40	-1.82
Omega ratio: Gain probability vs. loss probability	1.06	1.31	-0.24
Calmar ratio: Return relative to maximum drawdown	0.39	1.69	-1.30
Martin ratio: Return relative to average drawdown	0.90	5.92	-5.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDV vs. VUG - Sharpe Ratio Comparison

The current EDV Sharpe Ratio is 0.33, which is lower than the VUG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of EDV and VUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EDV	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	1.77	-1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	0.68	-1.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.17	0.85	-1.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.62	-0.50

Drawdowns

EDV vs. VUG - Drawdown Comparison

The maximum EDV drawdown since its inception was -59.96%, which is greater than VUG's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for EDV and VUG.

Drawdown Indicators

	EDV	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-59.96%	-50.68%	-9.28%
Max Drawdown (1Y) Largest decline over 1 year	-12.54%	-16.53%	+3.99%
Max Drawdown (3Y) Largest decline over 3 years	-26.99%	-22.85%	-4.14%
Max Drawdown (5Y) Largest decline over 5 years	-55.03%	-35.61%	-19.42%
Max Drawdown (10Y) Largest decline over 10 years	-59.96%	-35.61%	-24.35%
Current Drawdown Current decline from peak	-54.45%	-1.51%	-52.94%
Average Drawdown Average peak-to-trough decline	-23.43%	-7.09%	-16.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.38%	4.71%	+0.67%

Volatility

EDV vs. VUG - Volatility Comparison

Vanguard Extended Duration Treasury ETF (EDV) has a higher volatility of 4.06% compared to Vanguard Growth ETF (VUG) at 3.83%. This indicates that EDV's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDV	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	3.83%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	9.65%	12.11%	-2.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.64%	15.84%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.63%	22.22%	-0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.81%	21.44%	-1.63%

EDV vs. VUG - Expense Ratio Comparison

EDV has a 0.05% expense ratio, which is higher than VUG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EDV vs. VUG - Dividend Comparison

EDV's dividend yield for the trailing twelve months is around 4.99%, more than VUG's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDV Vanguard Extended Duration Treasury ETF	4.99%	4.94%	4.65%	3.81%	3.28%	1.95%	5.54%	3.51%	2.90%	2.92%	5.32%	4.24%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both EDV and VUG in my portfolio?

EDV and VUG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDV or VUG?

EDV has higher volatility (4.06%) compared to VUG (3.83%). In terms of maximum drawdown, EDV dropped -59.96% vs VUG's -50.68%.

Which ETF is better, EDV or VUG?

On 10-year performance, VUG leads with 18.26% vs -3.32% for EDV. On fees, VUG is cheaper at 0.03% per year. On volatility, VUG has been the lower-risk option at 3.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDV or VUG?

Over the 10-year period, VUG has performed better with a 18.26% return vs -3.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDV or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.05% for EDV.

Which ETF pays a higher dividend yield, EDV or VUG?

EDV has the higher dividend yield at 4.99%, compared with 0.37% for VUG.

What is the main difference between EDV and VUG?

EDV is categorized as Government Bonds, while VUG is Large Cap Growth Equities. EDV tracks Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, while VUG tracks CRSP US Large Cap Growth Index. Their fees differ too: 0.05% for EDV and 0.03% for VUG.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.77 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.