QCON vs. VCLT

Last updated Jun 4, 2026

QCON (American Century Quality Convertible Securities ETF) and VCLT (Vanguard Long-Term Corporate Bond ETF) are both Corporate Bonds funds. QCON is actively managed, while VCLT is passively managed. QCON charges 0.32%/yr vs 0.04%/yr for VCLT.

Performance

QCON vs. VCLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Convertible Securities ETF (QCON) and Vanguard Long-Term Corporate Bond ETF (VCLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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%

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

QCON vs. VCLT - Yearly Performance Comparison

	2026 (YTD)
QCON American Century Quality Convertible Securities ETF	0.00%
VCLT Vanguard Long-Term Corporate Bond ETF	-0.02%

Return for Risk

QCON vs. VCLT — Risk / Return Rank

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

VCLT

VCLT Risk / Return Rank: 27
VCLT Sharpe Ratio Rank: 26
VCLT Sortino Ratio Rank: 26
VCLT Omega Ratio Rank: 25
VCLT Calmar Ratio Rank: 30
VCLT Martin Ratio Rank: 26

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.

QCON vs. VCLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Convertible Securities ETF (QCON) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QCON	VCLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Drawdowns

QCON vs. VCLT - Drawdown Comparison

The maximum QCON drawdown since its inception was 0.00%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for QCON and VCLT.

Drawdown Indicators

	QCON	VCLT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-34.31%	+34.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.25%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.03%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.31%	—
Current Drawdown Current decline from peak	0.00%	-14.36%	+14.36%
Average Drawdown Average peak-to-trough decline	0.00%	-8.16%	+8.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.13%	—

Volatility

Volatility by Period

	QCON	VCLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	7.92%	-7.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	12.78%	-12.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.84%	-12.84%

QCON vs. VCLT - Expense Ratio Comparison

QCON has a 0.32% expense ratio, which is higher than VCLT's 0.04% expense ratio.

Dividends

QCON vs. VCLT - Dividend Comparison

QCON has not paid dividends to shareholders, while VCLT's dividend yield for the trailing twelve months is around 5.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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

Which ETF is better, QCON or VCLT?

On fees, VCLT is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCON or VCLT?

VCLT is cheaper with a 0.04% expense ratio, compared with 0.32% for QCON.

Which ETF pays a higher dividend yield, QCON or VCLT?

VCLT has the higher dividend yield at 5.55%, compared with 0.00% for QCON.

What is the main difference between QCON and VCLT?

They also come from different issuers: American Century and Vanguard. Their fees differ too: 0.32% for QCON and 0.04% for VCLT.