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TAGG vs. VGVT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TAGG vs. VGVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price QM U.S. Bond ETF (TAGG) and Vanguard Government Securities Active ETF (VGVT). The values are adjusted to include any dividend payments, if applicable.

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

TAGG vs. VGVT - Yearly Performance Comparison


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

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Return for Risk

TAGG vs. VGVT — Risk / Return Rank

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

TAGG
TAGG Risk / Return Rank: 3636
Overall Rank
TAGG Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
TAGG Sortino Ratio Rank: 4040
Sortino Ratio Rank
TAGG Omega Ratio Rank: 3838
Omega Ratio Rank
TAGG Calmar Ratio Rank: 3333
Calmar Ratio Rank
TAGG Martin Ratio Rank: 3232
Martin Ratio Rank

VGVT
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.

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.


TAGGVGVTDifference
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

TAGG vs. VGVT - Sharpe Ratio Comparison


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Sharpe Ratios by Period


TAGGVGVTDifference

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.


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Drawdown Indicators


TAGGVGVTDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-2.03%

-1.76%

-0.27%

Average Drawdown

Average peak-to-trough decline

-6.87%

-0.67%

-6.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.08%

Volatility

TAGG vs. VGVT - Volatility Comparison


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Volatility by Period


TAGGVGVTDifference

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.


PositionTTM20252024202320222021
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.

Portfolio Optimizer

Find the right allocation for TAGG and VGVT

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