UITB vs. VGVT

Last updated Jul 17, 2026

UITB (VictoryShares Core Intermediate Bond ETF) and VGVT (Vanguard Government Securities Active ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past year, UITB returned 4.21% vs 4.00% for VGVT. Their correlation of 0.92 suggests significant overlap in exposure. UITB charges 0.38%/yr vs 0.10%/yr for VGVT.

Performance

UITB vs. VGVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Core Intermediate Bond ETF (UITB) and Vanguard Government Securities Active ETF (VGVT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UITB achieves a 0.25% return, which is significantly higher than VGVT's 0.18% return.

UITB

• 1D: -0.01%
• 1M: -0.43%
• 6M: -0.07%
• YTD: 0.25%
• 1Y: 4.21%
• 3Y*: 4.28%
• 5Y*: 0.30%
• 10Y*: —

VGVT

• 1D: 0.08%
• 1M: -0.27%
• 6M: -0.29%
• YTD: 0.18%
• 1Y: 4.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UITB vs. VGVT - Yearly Performance Comparison

	2026 (YTD)	2025
UITB VictoryShares Core Intermediate Bond ETF	0.25%	3.79%
VGVT Vanguard Government Securities Active ETF	0.18%	3.56%

Correlation

The correlation between UITB and VGVT is 0.92, 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	0.92
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.92

The correlation between UITB and VGVT has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

Return for Risk

UITB vs. VGVT — Risk / Return Rank

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

UITB

UITB Risk / Return Rank: 38
UITB Sharpe Ratio Rank: 40
UITB Sortino Ratio Rank: 41
UITB Omega Ratio Rank: 37
UITB Calmar Ratio Rank: 36
UITB Martin Ratio Rank: 35

VGVT

VGVT Risk / Return Rank: 39
VGVT Sharpe Ratio Rank: 43
VGVT Sortino Ratio Rank: 44
VGVT Omega Ratio Rank: 40
VGVT Calmar Ratio Rank: 35
VGVT Martin Ratio Rank: 32

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.

UITB vs. VGVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Intermediate Bond ETF (UITB) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UITB	VGVT	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.25	-0.07
Sortino ratio: Return per unit of downside risk	1.75	1.86	-0.11
Omega ratio: Gain probability vs. loss probability	1.21	1.22	-0.01
Calmar ratio: Return relative to maximum drawdown	1.51	1.45	+0.06
Martin ratio: Return relative to average drawdown	4.16	3.76	+0.40

UITB vs. VGVT - Sharpe Ratio Comparison

The current UITB Sharpe Ratio is 1.17, which is comparable to the VGVT Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of UITB and VGVT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UITB vs. VGVT - Drawdown Comparison

The maximum UITB drawdown since its inception was -17.02%, which is greater than VGVT's maximum drawdown of -2.77%. Use the drawdown chart below to compare losses from any high point for UITB and VGVT.

Drawdown Indicators

	UITB	VGVT	Difference
Max Drawdown Largest peak-to-trough decline	-17.02%	-2.77%	-14.25%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	-2.77%	-0.03%
Max Drawdown (3Y) Largest decline over 3 years	-5.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.02%	—	—
Current Drawdown Current decline from peak	-1.53%	-1.68%	+0.15%
Average Drawdown Average peak-to-trough decline	-4.31%	-0.78%	-3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	1.07%	-0.06%

Volatility

UITB vs. VGVT - Volatility Comparison

VictoryShares Core Intermediate Bond ETF (UITB) has a higher volatility of 1.09% compared to Vanguard Government Securities Active ETF (VGVT) at 0.92%. This indicates that UITB's price experiences larger fluctuations and is considered to be riskier than VGVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UITB	VGVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.09%	0.92%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	2.78%	2.50%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	3.23%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.65%	3.24%	+2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.96%	3.24%	+1.72%

UITB vs. VGVT - Expense Ratio Comparison

UITB has a 0.38% expense ratio, which is higher than VGVT's 0.10% expense ratio.

Dividends

UITB vs. VGVT - Dividend Comparison

UITB's dividend yield for the trailing twelve months is around 4.22%, less than VGVT's 4.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UITB VictoryShares Core Intermediate Bond ETF	4.22%	4.04%	3.89%	3.14%	2.32%	1.95%	2.79%	3.01%	2.99%	0.50%
VGVT Vanguard Government Securities Active ETF	4.37%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UITB and VGVT in my portfolio?

With a correlation of 0.92, UITB and VGVT 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.

Which is riskier, UITB or VGVT?

UITB has higher volatility (1.09%) compared to VGVT (0.92%). In terms of maximum drawdown, UITB dropped -17.02% vs VGVT's -2.77%.

Which ETF is better, UITB or VGVT?

On 1-year performance, UITB leads with 4.21% vs 4.00% for VGVT. On fees, VGVT is cheaper at 0.10% per year. On volatility, VGVT has been the lower-risk option at 0.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UITB or VGVT?

Over the 1-year period, UITB has performed better with a 4.21% return vs 4.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UITB or VGVT?

VGVT is cheaper with a 0.10% expense ratio, compared with 0.38% for UITB.

Which ETF pays a higher dividend yield, UITB or VGVT?

VGVT has the higher dividend yield at 4.37%, compared with 4.22% for UITB.

What is the main difference between UITB and VGVT?

They also come from different issuers: Victory Capital and Vanguard. Their fees differ too: 0.38% for UITB and 0.10% for VGVT.

Which has better risk-adjusted returns?

VGVT currently has the higher Sharpe Ratio (1.25 vs 1.17), 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.