VBCI vs. VT

Last updated Aug 2, 2026

VBCI (Vanguard Target Maturity 2035 Corporate Bond ETF) and VT (Vanguard Total World Stock ETF) are both exchange-traded funds - VBCI is a Corporate Bonds fund tracking the ICE 2035 Maturity US Corporate Constrained Index, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. Both are passively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. VBCI charges 0.08%/yr vs 0.06%/yr for VT.

Performance

VBCI vs. VT - 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 Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VBCI

• 1D: -0.22%
• 1M: -1.75%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

VT

• 1D: 0.26%
• 1M: -0.20%
• 6M: 7.80%
• YTD: 11.15%
• 1Y: 23.51%
• 3Y*: 18.19%
• 5Y*: 10.58%
• 10Y*: 12.39%
• ALL TIME*: 8.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VBCI Vanguard Target Maturity 2035 Corporate Bond ETF	$105.20K	$130.97K	$180.77K
VT Vanguard Total World Stock ETF	$425.08M	$369.63M	$481.55M

VBCI vs. VT - Yearly Performance Comparison

	2026 (YTD)
VBCI Vanguard Target Maturity 2035 Corporate Bond ETF	0.23%
VT Vanguard Total World Stock ETF	12.40%

Correlation

The correlation between VBCI and VT is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.61

Return for Risk

VBCI vs. VT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VBCI

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

VT

VT Risk / Return Rank: 70
VT Sharpe Ratio Rank: 71
VT Sortino Ratio Rank: 69
VT Omega Ratio Rank: 69
VT Calmar Ratio Rank: 67
VT Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VBCI vs. VT - 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 Total World Stock ETF (VT). 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.

	VBCI	VT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.23	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.29	—
Martin ratio: Return relative to average drawdown	—	9.54	—

Drawdowns

VBCI vs. VT - Drawdown Comparison

The maximum VBCI drawdown since its inception was -2.24%, smaller than the maximum VT drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for VBCI and VT.

Drawdown Indicators

	VBCI	VT	Difference
Max Drawdown Largest peak-to-trough decline	-2.24%	-50.27%	+48.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	-2.14%	-1.84%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.79%	-6.97%	+6.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	VBCI	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.24%	13.96%	-8.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.24%	16.22%	-10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.24%	17.18%	-11.94%

VBCI vs. VT - Expense Ratio Comparison

VBCI has a 0.08% expense ratio, which is higher than VT's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VBCI vs. VT - Dividend Comparison

VBCI's dividend yield for the trailing twelve months is around 1.30%, less than VT's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VBCI Vanguard Target Maturity 2035 Corporate Bond ETF	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VT Vanguard Total World Stock ETF	1.59%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both VBCI and VT in my portfolio?

VBCI and VT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VBCI or VT?

On fees, VT is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VBCI or VT?

VT is cheaper with a 0.06% expense ratio, compared with 0.08% for VBCI.

Which ETF pays a higher dividend yield, VBCI or VT?

VT has the higher dividend yield at 1.59%, compared with 1.30% for VBCI.

What is the main difference between VBCI and VT?

VBCI is categorized as Corporate Bonds, while VT is Global Equities. VBCI tracks ICE 2035 Maturity US Corporate Constrained Index, while VT tracks FTSE Global All Cap Index. Their fees differ too: 0.08% for VBCI and 0.06% for VT.