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VBCI vs. VBCG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VBCI vs. VBCG - Performance Comparison

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

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Returns By Period


VBCI

1D
-0.18%
1M
-0.56%
6M
YTD
1Y
3Y*
5Y*
10Y*

VBCG

1D
-0.12%
1M
-0.45%
6M
YTD
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

VBCI vs. VBCG - Yearly Performance Comparison


Correlation

The correlation between VBCI and VBCG 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

VBCI vs. VBCG - Risk-Adjusted Trends Comparison

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

VBCI vs. VBCG - Sharpe Ratio Comparison


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Drawdowns

VBCI vs. VBCG - Drawdown Comparison

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


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Drawdown Indicators


VBCIVBCGDifference

Max Drawdown

Largest peak-to-trough decline

-2.21%

-1.90%

-0.31%

Current Drawdown

Current decline from peak

-1.23%

-0.94%

-0.29%

Average Drawdown

Average peak-to-trough decline

-0.60%

-0.52%

-0.08%

Volatility

VBCI vs. VBCG - Volatility Comparison


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Volatility by Period


VBCIVBCGDifference

Volatility (1Y)

Calculated over the trailing 1-year period

5.42%

4.35%

+1.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.42%

4.35%

+1.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.42%

4.35%

+1.07%

VBCI vs. VBCG - Expense Ratio Comparison

Both VBCI and VBCG 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

VBCI vs. VBCG - Dividend Comparison

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


Frequently Asked Questions


With a correlation of 0.99, VBCI and VBCG 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.

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

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

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

Portfolio Optimizer

Find the right allocation for VBCI and VBCG

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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