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SPLB vs. VCLT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPLB and VCLT is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

SPLB vs. VCLT - Performance Comparison

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

85.00%90.00%95.00%100.00%105.00%NovemberDecember2025FebruaryMarchApril
88.77%
96.51%
SPLB
VCLT

Key characteristics

Sharpe Ratio

SPLB:

0.48

VCLT:

0.47

Sortino Ratio

SPLB:

0.73

VCLT:

0.72

Omega Ratio

SPLB:

1.09

VCLT:

1.09

Calmar Ratio

SPLB:

0.22

VCLT:

0.22

Martin Ratio

SPLB:

1.24

VCLT:

1.22

Ulcer Index

SPLB:

4.49%

VCLT:

4.49%

Daily Std Dev

SPLB:

11.50%

VCLT:

11.62%

Max Drawdown

SPLB:

-34.46%

VCLT:

-34.31%

Current Drawdown

SPLB:

-19.85%

VCLT:

-19.83%

Returns By Period

The year-to-date returns for both investments are quite close, with SPLB having a 1.31% return and VCLT slightly higher at 1.32%. Over the past 10 years, SPLB has underperformed VCLT with an annualized return of 1.96%, while VCLT has yielded a comparatively higher 2.08% annualized return.


SPLB

YTD

1.31%

1M

-0.10%

6M

-0.99%

1Y

6.67%

5Y*

-2.36%

10Y*

1.96%

VCLT

YTD

1.32%

1M

-0.13%

6M

-0.90%

1Y

6.63%

5Y*

-2.32%

10Y*

2.08%

*Annualized

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SPLB vs. VCLT - Expense Ratio Comparison

SPLB has a 0.07% 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%.


Expense ratio chart for SPLB: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPLB: 0.07%
Expense ratio chart for VCLT: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCLT: 0.04%

Risk-Adjusted Performance

SPLB vs. VCLT — Risk-Adjusted Performance Rank

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

SPLB
The Risk-Adjusted Performance Rank of SPLB is 4848
Overall Rank
The Sharpe Ratio Rank of SPLB is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of SPLB is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SPLB is 4848
Omega Ratio Rank
The Calmar Ratio Rank of SPLB is 3939
Calmar Ratio Rank
The Martin Ratio Rank of SPLB is 4545
Martin Ratio Rank

VCLT
The Risk-Adjusted Performance Rank of VCLT is 4747
Overall Rank
The Sharpe Ratio Rank of VCLT is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of VCLT is 5151
Sortino Ratio Rank
The Omega Ratio Rank of VCLT is 4747
Omega Ratio Rank
The Calmar Ratio Rank of VCLT is 3939
Calmar Ratio Rank
The Martin Ratio Rank of VCLT is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPLB vs. VCLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Long Term Corporate Bond ETF (SPLB) 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.


The chart of Sharpe ratio for SPLB, currently valued at 0.48, compared to the broader market-1.000.001.002.003.004.00
SPLB: 0.48
VCLT: 0.47
The chart of Sortino ratio for SPLB, currently valued at 0.73, compared to the broader market-2.000.002.004.006.008.00
SPLB: 0.73
VCLT: 0.72
The chart of Omega ratio for SPLB, currently valued at 1.09, compared to the broader market0.501.001.502.00
SPLB: 1.09
VCLT: 1.09
The chart of Calmar ratio for SPLB, currently valued at 0.22, compared to the broader market0.002.004.006.008.0010.0012.00
SPLB: 0.22
VCLT: 0.22
The chart of Martin ratio for SPLB, currently valued at 1.24, compared to the broader market0.0020.0040.0060.00
SPLB: 1.24
VCLT: 1.22

The current SPLB Sharpe Ratio is 0.48, which is comparable to the VCLT Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of SPLB and VCLT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50NovemberDecember2025FebruaryMarchApril
0.48
0.47
SPLB
VCLT

Dividends

SPLB vs. VCLT - Dividend Comparison

SPLB's dividend yield for the trailing twelve months is around 5.24%, which matches VCLT's 5.27% yield.


TTM20242023202220212020201920182017201620152014
SPLB
SPDR Portfolio Long Term Corporate Bond ETF
5.24%5.20%4.60%4.53%3.00%3.01%3.79%4.50%4.06%4.34%4.70%4.25%
VCLT
Vanguard Long-Term Corporate Bond ETF
5.27%5.19%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%4.29%

Drawdowns

SPLB vs. VCLT - Drawdown Comparison

The maximum SPLB drawdown since its inception was -34.46%, roughly equal to the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for SPLB and VCLT. For additional features, visit the drawdowns tool.


-23.00%-22.00%-21.00%-20.00%-19.00%-18.00%-17.00%NovemberDecember2025FebruaryMarchApril
-19.85%
-19.83%
SPLB
VCLT

Volatility

SPLB vs. VCLT - Volatility Comparison

SPDR Portfolio Long Term Corporate Bond ETF (SPLB) and Vanguard Long-Term Corporate Bond ETF (VCLT) have volatilities of 6.33% and 6.58%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
6.33%
6.58%
SPLB
VCLT