GXIG vs. VCIT

Last updated Jun 24, 2026

GXIG (Global X Investment Grade Corporate Bond ETF) and VCIT (Vanguard Intermediate-Term Corporate Bond ETF) are both Corporate Bonds funds. GXIG is actively managed, while VCIT is passively managed. Over the past year, GXIG returned 4.30% vs 5.17% for VCIT. Their correlation of 0.90 suggests significant overlap in exposure. GXIG charges 0.14%/yr vs 0.03%/yr for VCIT.

Performance

GXIG vs. VCIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Investment Grade Corporate Bond ETF (GXIG) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXIG achieves a 0.46% return, which is significantly higher than VCIT's 0.31% return.

GXIG

• 1D: 0.12%
• 1M: 0.68%
• YTD: 0.46%
• 6M: 0.64%
• 1Y: 4.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCIT

• 1D: 0.10%
• 1M: 0.60%
• YTD: 0.31%
• 6M: 0.47%
• 1Y: 5.17%
• 3Y*: 6.09%
• 5Y*: 1.14%
• 10Y*: 2.87%

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

GXIG vs. VCIT - Yearly Performance Comparison

	2026 (YTD)	2025
GXIG Global X Investment Grade Corporate Bond ETF	0.46%	4.61%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	0.31%	5.61%

Correlation

The correlation between GXIG and VCIT is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.90

The correlation between GXIG and VCIT has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

GXIG vs. VCIT — Risk / Return Rank

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

GXIG

GXIG Risk / Return Rank: 24
GXIG Sharpe Ratio Rank: 23
GXIG Sortino Ratio Rank: 21
GXIG Omega Ratio Rank: 22
GXIG Calmar Ratio Rank: 29
GXIG Martin Ratio Rank: 26

VCIT

VCIT Risk / Return Rank: 37
VCIT Sharpe Ratio Rank: 37
VCIT Sortino Ratio Rank: 38
VCIT Omega Ratio Rank: 35
VCIT Calmar Ratio Rank: 36
VCIT 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.

GXIG vs. VCIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Investment Grade Corporate Bond ETF (GXIG) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GXIG	VCIT	Difference
Sharpe ratio: Return per unit of total volatility	0.75	1.27	-0.52
Sortino ratio: Return per unit of downside risk	1.10	1.88	-0.78
Omega ratio: Gain probability vs. loss probability	1.14	1.23	-0.08
Calmar ratio: Return relative to maximum drawdown	1.36	1.76	-0.40
Martin ratio: Return relative to average drawdown	3.30	5.56	-2.26

GXIG vs. VCIT - Sharpe Ratio Comparison

The current GXIG Sharpe Ratio is 0.75, which is lower than the VCIT Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of GXIG and VCIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GXIG vs. VCIT - Drawdown Comparison

The maximum GXIG drawdown since its inception was -3.18%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for GXIG and VCIT.

Drawdown Indicators

	GXIG	VCIT	Difference
Max Drawdown Largest peak-to-trough decline	-3.18%	-20.56%	+17.38%
Max Drawdown (1Y) Largest decline over 1 year	-3.18%	-2.96%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.56%	—
Current Drawdown Current decline from peak	-1.33%	-1.22%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.06%	-3.15%	+2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	0.93%	+0.38%

Volatility

GXIG vs. VCIT - Volatility Comparison

Global X Investment Grade Corporate Bond ETF (GXIG) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.20% and 1.24%, 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.

Volatility by Period

	GXIG	VCIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	1.24%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	4.13%	3.17%	+0.96%
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	4.10%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	6.62%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.72%	6.29%	-0.57%

GXIG vs. VCIT - Expense Ratio Comparison

GXIG has a 0.14% expense ratio, which is higher than VCIT'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

GXIG vs. VCIT - Dividend Comparison

GXIG's dividend yield for the trailing twelve months is around 5.90%, more than VCIT's 4.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXIG Global X Investment Grade Corporate Bond ETF	5.90%	3.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCIT Vanguard Intermediate-Term Corporate Bond ETF	4.80%	4.62%	4.43%	3.72%	3.03%	2.87%	2.78%	3.37%	3.61%	3.21%	3.29%	3.34%

Frequently Asked Questions

Can I hold both GXIG and VCIT in my portfolio?

GXIG and VCIT have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXIG or VCIT?

VCIT has higher volatility (1.24%) compared to GXIG (1.20%). In terms of maximum drawdown, GXIG dropped -3.18% vs VCIT's -20.56%.

Which ETF is better, GXIG or VCIT?

On 1-year performance, VCIT leads with 5.17% vs 4.30% for GXIG. On fees, VCIT is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXIG or VCIT?

Over the 1-year period, VCIT has performed better with a 5.17% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXIG or VCIT?

VCIT is cheaper with a 0.03% expense ratio, compared with 0.14% for GXIG.

Which ETF pays a higher dividend yield, GXIG or VCIT?

GXIG has the higher dividend yield at 5.90%, compared with 4.80% for VCIT.

What is the main difference between GXIG and VCIT?

They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.14% for GXIG and 0.03% for VCIT.

Which has better risk-adjusted returns?

VCIT currently has the higher Sharpe Ratio (1.27 vs 0.75), 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.