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VBCG vs. VBCI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VBCG vs. VBCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Maturity 2033 Corporate Bond ETF (VBCG) and Vanguard Target Maturity 2035 Corporate Bond ETF (VBCI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


VBCG

1D
-0.12%
1M
-0.45%
6M
YTD
1Y
3Y*
5Y*
10Y*

VBCI

1D
-0.18%
1M
-0.56%
6M
YTD
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

VBCG vs. VBCI - Yearly Performance Comparison


Correlation

The correlation between VBCG and VBCI is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (All Time)
Calculated using the full available price history since Mar 26, 2026

0.99

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Return for Risk

VBCG vs. VBCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2033 Corporate Bond ETF (VBCG) and Vanguard Target Maturity 2035 Corporate Bond ETF (VBCI). 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.


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

VBCG vs. VBCI - Sharpe Ratio Comparison


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Drawdowns

VBCG vs. VBCI - Drawdown Comparison

The maximum VBCG drawdown since its inception was -1.90%, smaller than the maximum VBCI drawdown of -2.21%. Use the drawdown chart below to compare losses from any high point for VBCG and VBCI.


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Drawdown Indicators


VBCGVBCIDifference

Max Drawdown

Largest peak-to-trough decline

-1.90%

-2.21%

+0.31%

Current Drawdown

Current decline from peak

-0.94%

-1.23%

+0.29%

Average Drawdown

Average peak-to-trough decline

-0.52%

-0.60%

+0.08%

Volatility

VBCG vs. VBCI - Volatility Comparison


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Volatility by Period


VBCGVBCIDifference

Volatility (1Y)

Calculated over the trailing 1-year period

4.35%

5.42%

-1.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.35%

5.42%

-1.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.35%

5.42%

-1.07%

VBCG vs. VBCI - Expense Ratio Comparison

Both VBCG and VBCI have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

VBCG vs. VBCI - Dividend Comparison

VBCG's dividend yield for the trailing twelve months is around 1.20%, less than VBCI's 1.28% yield.


Frequently Asked Questions


With a correlation of 0.99, VBCG and VBCI 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.

Both ETFs have the same 0.08% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

VBCG and VBCI have the same expense ratio: 0.08% per year.

VBCI has the higher dividend yield at 1.28%, compared with 1.20% for VBCG.

VBCG tracks ICE 2033 Maturity US Corporate Constrained Index, while VBCI tracks ICE 2035 Maturity US Corporate Constrained Index.

Portfolio Optimizer

Find the right allocation for VBCG and VBCI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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