VBLIX vs. SWAGX
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Institutional Plus (VBLIX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).
VBLIX is managed by Vanguard. It was launched on Oct 6, 2011. SWAGX is managed by Charles Schwab.
Performance
VBLIX vs. SWAGX - Performance Comparison
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VBLIX vs. SWAGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBLIX Vanguard Long-Term Bond Index Fund Institutional Plus | -1.15% | 6.61% | -4.11% | 6.78% | -27.20% | -3.08% | 16.29% | 19.16% | -4.70% | 9.39% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | -0.44% | 7.11% | 1.38% | 5.46% | -13.62% | -2.29% | 7.39% | 8.64% | -0.11% | 2.62% |
Returns By Period
In the year-to-date period, VBLIX achieves a -1.15% return, which is significantly lower than SWAGX's -0.44% return.
VBLIX
- 1D
- 1.17%
- 1M
- -4.16%
- YTD
- -1.15%
- 6M
- -1.39%
- 1Y
- 1.64%
- 3Y*
- 0.52%
- 5Y*
- -3.09%
- 10Y*
- 0.98%
SWAGX
- 1D
- 0.56%
- 1M
- -2.30%
- YTD
- -0.44%
- 6M
- 0.48%
- 1Y
- 3.81%
- 3Y*
- 3.39%
- 5Y*
- 0.01%
- 10Y*
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VBLIX vs. SWAGX - Expense Ratio Comparison
Both VBLIX and SWAGX have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
VBLIX vs. SWAGX — Risk / Return Rank
VBLIX
SWAGX
VBLIX vs. SWAGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Plus (VBLIX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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.
| VBLIX | SWAGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.29 | 0.98 | -0.70 |
Sortino ratioReturn per unit of downside risk | 0.45 | 1.42 | -0.97 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.17 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 1.75 | -1.21 |
Martin ratioReturn relative to average drawdown | 1.32 | 4.95 | -3.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VBLIX | SWAGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 0.98 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 0.00 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.30 | -0.09 |
Correlation
The correlation between VBLIX and SWAGX is 0.91, 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.
Dividends
VBLIX vs. SWAGX - Dividend Comparison
VBLIX's dividend yield for the trailing twelve months is around 4.37%, more than SWAGX's 3.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBLIX Vanguard Long-Term Bond Index Fund Institutional Plus | 4.37% | 4.67% | 4.64% | 3.42% | 4.17% | 2.89% | 5.85% | 3.63% | 3.83% | 3.71% | 4.20% | 5.00% |
SWAGX Schwab U.S. Aggregate Bond Index Fund | 3.76% | 4.02% | 3.88% | 3.22% | 1.93% | 1.56% | 2.47% | 2.87% | 2.80% | 1.98% | 0.00% | 0.00% |
Drawdowns
VBLIX vs. SWAGX - Drawdown Comparison
The maximum VBLIX drawdown since its inception was -38.61%, which is greater than SWAGX's maximum drawdown of -19.68%. Use the drawdown chart below to compare losses from any high point for VBLIX and SWAGX.
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Drawdown Indicators
| VBLIX | SWAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.61% | -19.68% | -18.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.87% | -2.84% | -4.03% |
Max Drawdown (5Y)Largest decline over 5 years | -36.49% | -18.76% | -17.73% |
Max Drawdown (10Y)Largest decline over 10 years | -38.61% | — | — |
Current DrawdownCurrent decline from peak | -25.94% | -4.18% | -21.76% |
Average DrawdownAverage peak-to-trough decline | -11.34% | -5.72% | -5.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 1.00% | +1.81% |
Volatility
VBLIX vs. SWAGX - Volatility Comparison
Vanguard Long-Term Bond Index Fund Institutional Plus (VBLIX) has a higher volatility of 3.47% compared to Schwab U.S. Aggregate Bond Index Fund (SWAGX) at 1.66%. This indicates that VBLIX's price experiences larger fluctuations and is considered to be riskier than SWAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBLIX | SWAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 1.66% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 5.53% | 2.70% | +2.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.56% | 4.48% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.89% | 6.06% | +6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.58% | 5.13% | +6.45% |