GBF vs. VCIT
Compare and contrast key facts about iShares Government/Credit Bond ETF (GBF) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
GBF and VCIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBF is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Government/Credit Bond Index. It was launched on Jan 11, 2007. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009. Both GBF and VCIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBF or VCIT.
Correlation
The correlation between GBF and VCIT is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GBF vs. VCIT - Performance Comparison
Key characteristics
GBF:
0.33
VCIT:
0.77
GBF:
0.50
VCIT:
1.11
GBF:
1.06
VCIT:
1.13
GBF:
0.12
VCIT:
0.38
GBF:
0.89
VCIT:
2.72
GBF:
1.94%
VCIT:
1.53%
GBF:
5.23%
VCIT:
5.39%
GBF:
-19.67%
VCIT:
-20.56%
GBF:
-10.66%
VCIT:
-5.24%
Returns By Period
In the year-to-date period, GBF achieves a 1.11% return, which is significantly lower than VCIT's 3.14% return. Over the past 10 years, GBF has underperformed VCIT with an annualized return of 1.28%, while VCIT has yielded a comparatively higher 2.71% annualized return.
GBF
1.11%
-0.09%
1.09%
1.60%
-0.41%
1.28%
VCIT
3.14%
-0.24%
2.29%
3.99%
0.84%
2.71%
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GBF vs. VCIT - Expense Ratio Comparison
GBF has a 0.20% expense ratio, which is higher than VCIT's 0.04% 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%.
Risk-Adjusted Performance
GBF vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Government/Credit Bond ETF (GBF) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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.
Dividends
GBF vs. VCIT - Dividend Comparison
GBF's dividend yield for the trailing twelve months is around 3.94%, less than VCIT's 4.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBF iShares Government/Credit Bond ETF | 3.94% | 3.03% | 2.13% | 1.22% | 1.64% | 2.64% | 2.59% | 2.31% | 2.09% | 2.04% | 2.08% | 2.37% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.37% | 3.72% | 3.04% | 2.88% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% | 4.00% |
Drawdowns
GBF vs. VCIT - Drawdown Comparison
The maximum GBF drawdown since its inception was -19.67%, roughly equal to the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for GBF and VCIT. For additional features, visit the drawdowns tool.
Volatility
GBF vs. VCIT - Volatility Comparison
iShares Government/Credit Bond ETF (GBF) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.66% and 1.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.