VBLAX vs. BLV
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) and Vanguard Long-Term Bond ETF (BLV).
VBLAX is managed by Vanguard. It was launched on Feb 7, 2019. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBLAX or BLV.
Correlation
The correlation between VBLAX and BLV is 0.96, 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.
Performance
VBLAX vs. BLV - Performance Comparison
Key characteristics
VBLAX:
0.07
BLV:
0.12
VBLAX:
0.18
BLV:
0.25
VBLAX:
1.02
BLV:
1.03
VBLAX:
0.02
BLV:
0.05
VBLAX:
0.15
BLV:
0.27
VBLAX:
5.33%
BLV:
5.30%
VBLAX:
11.46%
BLV:
11.65%
VBLAX:
-40.12%
BLV:
-38.29%
VBLAX:
-32.02%
BLV:
-29.52%
Returns By Period
In the year-to-date period, VBLAX achieves a -1.20% return, which is significantly lower than BLV's -0.45% return.
VBLAX
-1.20%
-4.14%
-5.60%
0.80%
-5.72%
N/A
BLV
-0.45%
-3.57%
-5.08%
1.48%
-5.30%
0.54%
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VBLAX vs. BLV - Expense Ratio Comparison
VBLAX has a 0.07% expense ratio, which is higher than BLV's 0.04% 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%.
Risk-Adjusted Performance
VBLAX vs. BLV — Risk-Adjusted Performance Rank
VBLAX
BLV
VBLAX vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) and Vanguard Long-Term Bond ETF (BLV). 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.
Dividends
VBLAX vs. BLV - Dividend Comparison
VBLAX's dividend yield for the trailing twelve months is around 4.30%, less than BLV's 4.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBLAX Vanguard Long-Term Bond Index Fund Admiral Shares | 4.30% | 4.61% | 4.08% | 3.99% | 2.85% | 2.95% | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLV Vanguard Long-Term Bond ETF | 4.74% | 4.68% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
Drawdowns
VBLAX vs. BLV - Drawdown Comparison
The maximum VBLAX drawdown since its inception was -40.12%, roughly equal to the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for VBLAX and BLV. For additional features, visit the drawdowns tool.
Volatility
VBLAX vs. BLV - Volatility Comparison
The current volatility for Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) is 4.34%, while Vanguard Long-Term Bond ETF (BLV) has a volatility of 4.94%. This indicates that VBLAX experiences smaller price fluctuations and is considered to be less risky than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.