VBLAX vs. VUSTX
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) and Vanguard Long-Term Treasury Fund Investor Shares (VUSTX).
VBLAX is managed by Vanguard. It was launched on Feb 7, 2019. VUSTX is managed by Vanguard. It was launched on May 19, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBLAX or VUSTX.
Key characteristics
| VBLAX | VUSTX | |
|---|---|---|
| YTD Return | -2.12% | -4.32% |
| 1Y Return | 10.70% | 8.10% |
| 3Y Return (Ann) | -8.52% | -11.20% |
| 5Y Return (Ann) | -3.45% | -7.06% |
| Sharpe Ratio | 0.88 | 0.58 |
| Sortino Ratio | 1.31 | 0.90 |
| Omega Ratio | 1.15 | 1.10 |
| Calmar Ratio | 0.29 | 0.16 |
| Martin Ratio | 2.49 | 1.52 |
| Ulcer Index | 4.26% | 5.22% |
| Daily Std Dev | 12.03% | 13.75% |
| Max Drawdown | -40.12% | -51.32% |
| Current Drawdown | -29.75% | -44.12% |
Correlation
The correlation between VBLAX and VUSTX is 0.97, 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. VUSTX - Performance Comparison
In the year-to-date period, VBLAX achieves a -2.12% return, which is significantly higher than VUSTX's -4.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VBLAX vs. VUSTX - Expense Ratio Comparison
VBLAX has a 0.07% expense ratio, which is lower than VUSTX's 0.20% expense ratio. Despite the difference, 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. VUSTX - 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 Treasury Fund Investor Shares (VUSTX). 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. VUSTX - Dividend Comparison
VBLAX's dividend yield for the trailing twelve months is around 4.46%, more than VUSTX's 3.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBLAX Vanguard Long-Term Bond Index Fund Admiral Shares | 4.46% | 4.08% | 3.99% | 2.85% | 2.95% | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUSTX Vanguard Long-Term Treasury Fund Investor Shares | 3.87% | 3.32% | 2.95% | 1.88% | 2.01% | 2.53% | 2.82% | 2.65% | 2.85% | 2.88% | 2.87% | 3.41% |
Drawdowns
VBLAX vs. VUSTX - Drawdown Comparison
The maximum VBLAX drawdown since its inception was -40.12%, smaller than the maximum VUSTX drawdown of -51.32%. Use the drawdown chart below to compare losses from any high point for VBLAX and VUSTX. For additional features, visit the drawdowns tool.
Volatility
VBLAX vs. VUSTX - Volatility Comparison
The current volatility for Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) is 4.21%, while Vanguard Long-Term Treasury Fund Investor Shares (VUSTX) has a volatility of 4.66%. This indicates that VBLAX experiences smaller price fluctuations and is considered to be less risky than VUSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.