TAGG vs. VGVT
TAGG (T. Rowe Price QM U.S. Bond ETF) and VGVT (Vanguard Government Securities Active ETF) are both Intermediate Core Bond funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. TAGG charges 0.08%/yr vs 0.10%/yr for VGVT.
Performance
TAGG vs. VGVT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TAGG achieves a 0.18% return, which is significantly higher than VGVT's 0.11% return.
TAGG
- 1D
- -0.17%
- 1M
- 0.18%
- YTD
- 0.18%
- 6M
- 0.16%
- 1Y
- 5.22%
- 3Y*
- 4.26%
- 5Y*
- —
- 10Y*
- —
VGVT
- 1D
- -0.15%
- 1M
- 0.17%
- YTD
- 0.11%
- 6M
- 0.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAGG vs. VGVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TAGG T. Rowe Price QM U.S. Bond ETF | 0.18% | 3.61% |
VGVT Vanguard Government Securities Active ETF | 0.11% | 3.28% |
Correlation
The correlation between TAGG and VGVT is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025 | 0.88 |
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
TAGG vs. VGVT — Risk / Return Rank
TAGG
VGVT
TAGG vs. VGVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price QM U.S. Bond ETF (TAGG) and Vanguard Government Securities Active ETF (VGVT). 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.
| TAGG | VGVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | — | — |
| Martin ratioReturn relative to average drawdown | 4.86 | — | — |
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
| TAGG | VGVT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 1.17 | -1.14 |
Drawdowns
TAGG vs. VGVT - Drawdown Comparison
The maximum TAGG drawdown since its inception was -17.26%, which is greater than VGVT's maximum drawdown of -2.77%. Use the drawdown chart below to compare losses from any high point for TAGG and VGVT.
Loading charts...
Drawdown Indicators
| TAGG | VGVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.26% | -2.77% | -14.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.19% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.40% | — | — |
Current DrawdownCurrent decline from peak | -2.03% | -1.76% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -6.87% | -0.67% | -6.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | — | — |
Volatility
TAGG vs. VGVT - Volatility Comparison
Loading charts...
Volatility by Period
| TAGG | VGVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.83% | 3.22% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 3.22% | +3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.53% | 3.22% | +3.31% |
TAGG vs. VGVT - Expense Ratio Comparison
TAGG has a 0.08% expense ratio, which is lower than VGVT's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TAGG vs. VGVT - Dividend Comparison
TAGG's dividend yield for the trailing twelve months is around 4.58%, more than VGVT's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
TAGG T. Rowe Price QM U.S. Bond ETF | 4.58% | 4.36% | 4.36% | 3.48% | 3.67% | 0.33% |
VGVT Vanguard Government Securities Active ETF | 3.99% | 2.29% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TAGG and VGVT have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TAGG is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TAGG is cheaper with a 0.08% expense ratio, compared with 0.10% for VGVT.
TAGG has the higher dividend yield at 4.58%, compared with 3.99% for VGVT.
They also come from different issuers: T. Rowe Price and Vanguard. Their fees differ too: 0.08% for TAGG and 0.10% for VGVT.
Find the right allocation for TAGG and VGVT
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