VBLIX vs. VUBFX
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Institutional Plus (VBLIX) and Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX).
VBLIX is managed by Vanguard. It was launched on Oct 6, 2011. VUBFX is managed by Vanguard. It was launched on Feb 24, 2015.
Performance
VBLIX vs. VUBFX - Performance Comparison
Loading graphics...
VBLIX vs. VUBFX - 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% | 10.90% |
VUBFX Vanguard Ultra-Short-Term Bond Fund Investor Shares | 0.59% | 5.04% | 5.99% | 5.43% | -0.53% | 0.03% | 1.95% | 3.34% | 1.94% | 1.23% |
Returns By Period
In the year-to-date period, VBLIX achieves a -1.15% return, which is significantly lower than VUBFX's 0.59% return. Over the past 10 years, VBLIX has underperformed VUBFX with an annualized return of 0.98%, while VUBFX has yielded a comparatively higher 2.56% annualized 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%
VUBFX
- 1D
- 0.10%
- 1M
- -0.06%
- YTD
- 0.59%
- 6M
- 1.72%
- 1Y
- 4.31%
- 3Y*
- 5.24%
- 5Y*
- 3.26%
- 10Y*
- 2.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VBLIX vs. VUBFX - Expense Ratio Comparison
VBLIX has a 0.04% expense ratio, which is lower than VUBFX'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%.
Return for Risk
VBLIX vs. VUBFX — Risk / Return Rank
VBLIX
VUBFX
VBLIX vs. VUBFX - 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 Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX). 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 | VUBFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.29 | 5.20 | -4.91 |
Sortino ratioReturn per unit of downside risk | 0.45 | 10.21 | -9.76 |
Omega ratioGain probability vs. loss probability | 1.06 | 3.61 | -2.56 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 14.81 | -14.27 |
Martin ratioReturn relative to average drawdown | 1.32 | 67.09 | -65.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VBLIX | VUBFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 5.20 | -4.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 3.34 | -3.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 3.07 | -2.99 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 3.06 | -2.84 |
Correlation
The correlation between VBLIX and VUBFX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VBLIX vs. VUBFX - Dividend Comparison
VBLIX's dividend yield for the trailing twelve months is around 4.37%, more than VUBFX's 4.12% 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% |
VUBFX Vanguard Ultra-Short-Term Bond Fund Investor Shares | 4.12% | 4.62% | 5.42% | 4.06% | 1.28% | 0.43% | 1.52% | 2.58% | 2.13% | 1.43% | 0.98% | 0.00% |
Drawdowns
VBLIX vs. VUBFX - Drawdown Comparison
The maximum VBLIX drawdown since its inception was -38.61%, which is greater than VUBFX's maximum drawdown of -1.86%. Use the drawdown chart below to compare losses from any high point for VBLIX and VUBFX.
Loading graphics...
Drawdown Indicators
| VBLIX | VUBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.61% | -1.86% | -36.75% |
Max Drawdown (1Y)Largest decline over 1 year | -6.87% | -0.30% | -6.57% |
Max Drawdown (5Y)Largest decline over 5 years | -36.49% | -1.86% | -34.63% |
Max Drawdown (10Y)Largest decline over 10 years | -38.61% | -1.86% | -36.75% |
Current DrawdownCurrent decline from peak | -25.94% | -0.10% | -25.84% |
Average DrawdownAverage peak-to-trough decline | -11.34% | -0.17% | -11.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 0.07% | +2.74% |
Volatility
VBLIX vs. VUBFX - Volatility Comparison
Vanguard Long-Term Bond Index Fund Institutional Plus (VBLIX) has a higher volatility of 3.47% compared to Vanguard Ultra-Short-Term Bond Fund Investor Shares (VUBFX) at 0.34%. This indicates that VBLIX's price experiences larger fluctuations and is considered to be riskier than VUBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VBLIX | VUBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 0.34% | +3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 5.53% | 0.55% | +4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.56% | 0.84% | +8.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.89% | 0.98% | +11.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.58% | 0.84% | +10.74% |