VBCJ vs. VTI

Last updated Jun 6, 2026

VBCJ (Vanguard Target Maturity 2036 Corporate Bond ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - VBCJ is a Corporate Bonds fund tracking the ICE 2036 Maturity US Corporate Constrained Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. VBCJ charges 0.08%/yr vs 0.03%/yr for VTI.

Performance

VBCJ vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Maturity 2036 Corporate Bond ETF (VBCJ) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VBCJ

• 1D: -0.66%
• 1M: -0.91%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTI

• 1D: -2.68%
• 1M: 0.42%
• YTD: 8.72%
• 6M: 8.29%
• 1Y: 26.04%
• 3Y*: 21.08%
• 5Y*: 12.19%
• 10Y*: 14.71%

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

VBCJ vs. VTI - Yearly Performance Comparison

	2026 (YTD)
VBCJ Vanguard Target Maturity 2036 Corporate Bond ETF	1.19%
VTI Vanguard Total Stock Market ETF	14.07%

Correlation

The correlation between VBCJ and VTI is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	0.75

Return for Risk

VBCJ vs. VTI — Risk / Return Rank

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

VTI

VTI Risk / Return Rank: 64
VTI Sharpe Ratio Rank: 64
VTI Sortino Ratio Rank: 61
VTI Omega Ratio Rank: 63
VTI Calmar Ratio Rank: 60
VTI Martin Ratio Rank: 73

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.

VBCJ vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2036 Corporate Bond ETF (VBCJ) and Vanguard Total Stock Market ETF (VTI). 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.

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

Sharpe Ratios by Period

	VBCJ	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.10	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.50	+0.58

Drawdowns

VBCJ vs. VTI - Drawdown Comparison

The maximum VBCJ drawdown since its inception was -2.50%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VBCJ and VTI.

Drawdown Indicators

	VBCJ	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-2.50%	-55.45%	+52.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-1.29%	-2.93%	+1.64%
Average Drawdown Average peak-to-trough decline	-0.67%	-8.02%	+7.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.94%	—

Volatility

Volatility by Period

	VBCJ	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.87%	12.48%	-6.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	17.44%	-11.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.87%	18.32%	-12.45%

VBCJ vs. VTI - Expense Ratio Comparison

VBCJ has a 0.08% expense ratio, which is higher than VTI's 0.03% 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

VBCJ vs. VTI - Dividend Comparison

VBCJ's dividend yield for the trailing twelve months is around 0.91%, less than VTI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VBCJ Vanguard Target Maturity 2036 Corporate Bond ETF	0.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VBCJ and VTI in my portfolio?

VBCJ and VTI have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VBCJ or VTI?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VBCJ or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.08% for VBCJ.

Which ETF pays a higher dividend yield, VBCJ or VTI?

VTI has the higher dividend yield at 1.04%, compared with 0.91% for VBCJ.

What is the main difference between VBCJ and VTI?

VBCJ is categorized as Corporate Bonds, while VTI is Large Cap Blend Equities. VBCJ tracks ICE 2036 Maturity US Corporate Constrained Index, while VTI tracks CRSP US Total Market Index. Their fees differ too: 0.08% for VBCJ and 0.03% for VTI.