LLDR vs. VGIT

Last updated Jul 1, 2026

LLDR (Global X Long-Term Treasury Ladder ETF) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both Government Bonds funds. Over the past year, LLDR returned 2.86% vs 2.43% for VGIT. Their correlation of 0.88 suggests significant overlap in exposure. LLDR charges 0.12%/yr vs 0.03%/yr for VGIT.

Performance

LLDR vs. VGIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Long-Term Treasury Ladder ETF (LLDR) and Vanguard Intermediate-Term Treasury ETF (VGIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LLDR achieves a 0.69% return, which is significantly higher than VGIT's -0.02% return.

LLDR

• 1D: -1.04%
• 1M: 1.16%
• YTD: 0.69%
• 6M: 0.13%
• 1Y: 2.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGIT

• 1D: -0.32%
• 1M: 0.14%
• YTD: -0.02%
• 6M: -0.20%
• 1Y: 2.43%
• 3Y*: 3.84%
• 5Y*: 0.16%
• 10Y*: 1.13%

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

LLDR vs. VGIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LLDR Global X Long-Term Treasury Ladder ETF	0.69%	5.69%	-9.39%
VGIT Vanguard Intermediate-Term Treasury ETF	-0.02%	7.34%	-2.94%

Correlation

The correlation between LLDR and VGIT is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024	0.88

The correlation between LLDR and VGIT has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

Return for Risk

LLDR vs. VGIT — Risk / Return Rank

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

LLDR

LLDR Risk / Return Rank: 13
LLDR Sharpe Ratio Rank: 14
LLDR Sortino Ratio Rank: 13
LLDR Omega Ratio Rank: 12
LLDR Calmar Ratio Rank: 14
LLDR Martin Ratio Rank: 14

VGIT

VGIT Risk / Return Rank: 20
VGIT Sharpe Ratio Rank: 22
VGIT Sortino Ratio Rank: 21
VGIT Omega Ratio Rank: 19
VGIT Calmar Ratio Rank: 20
VGIT Martin Ratio Rank: 21

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.

LLDR vs. VGIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Long-Term Treasury Ladder ETF (LLDR) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.

	LLDR	VGIT	Difference
Sharpe ratio: Return per unit of total volatility	0.34	0.72	-0.38
Sortino ratio: Return per unit of downside risk	0.55	1.10	-0.54
Omega ratio: Gain probability vs. loss probability	1.06	1.12	-0.06
Calmar ratio: Return relative to maximum drawdown	0.41	0.86	-0.45
Martin ratio: Return relative to average drawdown	1.04	2.29	-1.25

LLDR vs. VGIT - Sharpe Ratio Comparison

The current LLDR Sharpe Ratio is 0.34, which is lower than the VGIT Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of LLDR and VGIT, 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

LLDR vs. VGIT - Drawdown Comparison

The maximum LLDR drawdown since its inception was -12.46%, smaller than the maximum VGIT drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for LLDR and VGIT.

Drawdown Indicators

	LLDR	VGIT	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-16.05%	+3.59%
Max Drawdown (1Y) Largest decline over 1 year	-7.00%	-2.83%	-4.17%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.05%	—
Current Drawdown Current decline from peak	-4.62%	-1.96%	-2.66%
Average Drawdown Average peak-to-trough decline	-6.42%	-3.51%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	1.07%	+1.68%

Volatility

LLDR vs. VGIT - Volatility Comparison

Global X Long-Term Treasury Ladder ETF (LLDR) has a higher volatility of 2.53% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.18%. This indicates that LLDR's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLDR	VGIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	1.18%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	6.14%	2.52%	+3.62%
Volatility (1Y) Calculated over the trailing 1-year period	8.41%	3.39%	+5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.08%	5.39%	+4.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.08%	4.50%	+5.58%

LLDR vs. VGIT - Expense Ratio Comparison

LLDR has a 0.12% expense ratio, which is higher than VGIT'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

LLDR vs. VGIT - Dividend Comparison

LLDR's dividend yield for the trailing twelve months is around 4.55%, more than VGIT's 3.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LLDR Global X Long-Term Treasury Ladder ETF	4.55%	4.42%	1.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGIT Vanguard Intermediate-Term Treasury ETF	3.85%	3.79%	3.67%	2.73%	1.74%	1.69%	2.23%	2.24%	2.05%	1.67%	1.69%	1.69%

Frequently Asked Questions

Can I hold both LLDR and VGIT in my portfolio?

LLDR and VGIT have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LLDR or VGIT?

LLDR has higher volatility (2.53%) compared to VGIT (1.18%). In terms of maximum drawdown, LLDR dropped -12.46% vs VGIT's -16.05%.

Which ETF is better, LLDR or VGIT?

On 1-year performance, LLDR leads with 2.86% vs 2.43% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, VGIT has been the lower-risk option at 1.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LLDR or VGIT?

Over the 1-year period, LLDR has performed better with a 2.86% return vs 2.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LLDR or VGIT?

VGIT is cheaper with a 0.03% expense ratio, compared with 0.12% for LLDR.

Which ETF pays a higher dividend yield, LLDR or VGIT?

LLDR has the higher dividend yield at 4.55%, compared with 3.85% for VGIT.

What is the main difference between LLDR and VGIT?

They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.12% for LLDR and 0.03% for VGIT.

Which has better risk-adjusted returns?

VGIT currently has the higher Sharpe Ratio (0.72 vs 0.34), 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.