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VBILX vs. VLTCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBILX and VLTCX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

VBILX vs. VLTCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) and Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
47.33%
94.63%
VBILX
VLTCX

Key characteristics

Sharpe Ratio

VBILX:

0.31

VLTCX:

-0.19

Sortino Ratio

VBILX:

0.48

VLTCX:

-0.19

Omega Ratio

VBILX:

1.06

VLTCX:

0.98

Calmar Ratio

VBILX:

0.13

VLTCX:

-0.08

Martin Ratio

VBILX:

0.86

VLTCX:

-0.50

Ulcer Index

VBILX:

2.05%

VLTCX:

3.83%

Daily Std Dev

VBILX:

5.64%

VLTCX:

10.11%

Max Drawdown

VBILX:

-18.96%

VLTCX:

-34.55%

Current Drawdown

VBILX:

-9.01%

VLTCX:

-20.87%

Returns By Period

In the year-to-date period, VBILX achieves a 1.28% return, which is significantly higher than VLTCX's -1.82% return. Over the past 10 years, VBILX has underperformed VLTCX with an annualized return of 1.75%, while VLTCX has yielded a comparatively higher 2.29% annualized return.


VBILX

YTD

1.28%

1M

-0.27%

6M

1.51%

1Y

1.87%

5Y*

0.06%

10Y*

1.75%

VLTCX

YTD

-1.82%

1M

-1.46%

6M

-0.10%

1Y

-1.17%

5Y*

-1.90%

10Y*

2.29%

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VBILX vs. VLTCX - Expense Ratio Comparison

Both VBILX and VLTCX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
Expense ratio chart for VBILX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%
Expense ratio chart for VLTCX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

VBILX vs. VLTCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) and Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX). 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.


Sharpe ratio
The chart of Sharpe ratio for VBILX, currently valued at 0.31, compared to the broader market-1.000.001.002.003.004.000.31-0.19
The chart of Sortino ratio for VBILX, currently valued at 0.48, compared to the broader market-2.000.002.004.006.008.0010.000.48-0.19
The chart of Omega ratio for VBILX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.060.98
The chart of Calmar ratio for VBILX, currently valued at 0.13, compared to the broader market0.002.004.006.008.0010.0012.0014.000.13-0.08
The chart of Martin ratio for VBILX, currently valued at 0.86, compared to the broader market0.0020.0040.0060.000.86-0.50
VBILX
VLTCX

The current VBILX Sharpe Ratio is 0.31, which is higher than the VLTCX Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of VBILX and VLTCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.31
-0.19
VBILX
VLTCX

Dividends

VBILX vs. VLTCX - Dividend Comparison

VBILX's dividend yield for the trailing twelve months is around 3.75%, less than VLTCX's 4.21% yield.


TTM20232022202120202019201820172016201520142013
VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
3.75%3.09%2.39%3.38%2.93%2.73%2.87%2.65%2.66%2.74%2.84%3.08%
VLTCX
Vanguard Long-Term Corporate Bond Index Fund Admiral Shares
4.21%4.65%4.41%3.04%3.15%3.82%4.56%4.01%4.37%4.71%4.32%4.88%

Drawdowns

VBILX vs. VLTCX - Drawdown Comparison

The maximum VBILX drawdown since its inception was -18.96%, smaller than the maximum VLTCX drawdown of -34.55%. Use the drawdown chart below to compare losses from any high point for VBILX and VLTCX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-9.01%
-20.87%
VBILX
VLTCX

Volatility

VBILX vs. VLTCX - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) is 1.68%, while Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) has a volatility of 3.28%. This indicates that VBILX experiences smaller price fluctuations and is considered to be less risky than VLTCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%JulyAugustSeptemberOctoberNovemberDecember
1.68%
3.28%
VBILX
VLTCX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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