MBBB vs. VCLT
MBBB (VanEck Moody's Analytics BBB Corporate Bond ETF) and VCLT (Vanguard Long-Term Corporate Bond ETF) are both Corporate Bonds funds - MBBB tracks the MVIS Moody's Analytics US BBB Corporate Bond Index while VCLT tracks the Barclays U.S. 10+ Year Corporate Index. Both are passively managed. Over the past 5 years, MBBB returned 1.11%/yr vs -1.78%/yr for VCLT. With a 0.95 correlation, they move nearly in lockstep. MBBB charges 0.25%/yr vs 0.04%/yr for VCLT.
Performance
MBBB vs. VCLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MBBB achieves a 0.43% return, which is significantly lower than VCLT's 0.99% return.
MBBB
- 1D
- -0.23%
- 1M
- 0.71%
- YTD
- 0.43%
- 6M
- 0.32%
- 1Y
- 5.40%
- 3Y*
- 6.05%
- 5Y*
- 1.11%
- 10Y*
- —
VCLT
- 1D
- -0.35%
- 1M
- 1.49%
- YTD
- 0.99%
- 6M
- -0.04%
- 1Y
- 7.69%
- 3Y*
- 4.34%
- 5Y*
- -1.78%
- 10Y*
- 2.31%
MBBB vs. VCLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MBBB VanEck Moody's Analytics BBB Corporate Bond ETF | 0.43% | 7.64% | 3.68% | 9.75% | -15.04% | 0.30% | 1.51% |
VCLT Vanguard Long-Term Corporate Bond ETF | 0.99% | 7.18% | -1.90% | 11.17% | -25.50% | -1.73% | 1.09% |
Correlation
The correlation between MBBB and VCLT is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.95 |
The correlation between MBBB and VCLT has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MBBB vs. VCLT — Risk / Return Rank
MBBB
VCLT
MBBB vs. VCLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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.
| MBBB | VCLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.47 | +0.35 |
| Martin ratioReturn relative to average drawdown | 5.86 | 3.62 | +2.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MBBB | VCLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.97 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | -0.14 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.39 | -0.21 |
Drawdowns
MBBB vs. VCLT - Drawdown Comparison
The maximum MBBB drawdown since its inception was -21.73%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for MBBB and VCLT.
Loading charts...
Drawdown Indicators
| MBBB | VCLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.73% | -34.31% | +12.58% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -5.25% | +2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -5.64% | -13.03% | +7.39% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -34.31% | +12.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.31% | — |
Current DrawdownCurrent decline from peak | -0.97% | -14.36% | +13.39% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -8.16% | +1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 2.13% | -1.21% |
Volatility
MBBB vs. VCLT - Volatility Comparison
The current volatility for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) is 1.52%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 2.31%. This indicates that MBBB experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MBBB | VCLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 2.31% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 5.75% | -2.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 7.92% | -3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 12.78% | -6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 12.84% | -6.61% |
MBBB vs. VCLT - Expense Ratio Comparison
MBBB has a 0.25% expense ratio, which is higher than VCLT'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%.
Dividends
MBBB vs. VCLT - Dividend Comparison
MBBB's dividend yield for the trailing twelve months is around 5.08%, less than VCLT's 5.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBBB VanEck Moody's Analytics BBB Corporate Bond ETF | 5.08% | 4.99% | 4.93% | 4.51% | 3.22% | 2.29% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCLT Vanguard Long-Term Corporate Bond ETF | 5.55% | 5.51% | 5.19% | 4.67% | 4.44% | 3.07% | 3.16% | 3.81% | 4.55% | 4.01% | 4.33% | 4.68% |
Frequently Asked Questions
With a correlation of 0.93, MBBB and VCLT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VCLT has higher volatility (2.31%) compared to MBBB (1.52%). In terms of maximum drawdown, MBBB dropped -21.73% vs VCLT's -34.31%.
On 5-year performance, MBBB leads with 1.11% vs -1.78% for VCLT. On fees, VCLT is cheaper at 0.04% per year. On volatility, MBBB has been the lower-risk option at 1.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, MBBB has performed better with a 1.11% return vs -1.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VCLT is cheaper with a 0.04% expense ratio, compared with 0.25% for MBBB.
VCLT has the higher dividend yield at 5.55%, compared with 5.08% for MBBB.
MBBB tracks MVIS Moody's Analytics US BBB Corporate Bond Index, while VCLT tracks Barclays U.S. 10+ Year Corporate Index. They also come from different issuers: VanEck and Vanguard. Their fees differ too: 0.25% for MBBB and 0.04% for VCLT.
MBBB currently has the higher Sharpe Ratio (1.31 vs 0.97), 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.
Find the right allocation for MBBB and VCLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer