VBLLX vs. VITAX

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX).

VBLLX is managed by Vanguard. It was launched on Feb 2, 2006. VITAX is a passively managed fund by Vanguard that tracks the performance of the MSCI US IMI Info Technology 25/50. It was launched on Mar 25, 2004.

Performance

VBLLX vs. VITAX - Performance Comparison

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

VBLLX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares	-1.24%	6.60%	-4.12%	7.13%	-27.20%	-3.08%	16.27%	19.15%	-4.71%	10.89%
VITAX Vanguard Information Technology Index Fund Admiral Shares	-11.14%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%

Returns By Period

In the year-to-date period, VBLLX achieves a -1.24% return, which is significantly higher than VITAX's -11.14% return. Over the past 10 years, VBLLX has underperformed VITAX with an annualized return of 1.00%, while VITAX has yielded a comparatively higher 20.84% annualized return.

VBLLX

• 1D: 1.07%
• 1M: -4.25%
• YTD: -1.24%
• 6M: -1.49%
• 1Y: 1.54%
• 3Y*: 0.60%
• 5Y*: -3.06%
• 10Y*: 1.00%

VITAX

• 1D: -1.79%
• 1M: -7.83%
• YTD: -11.14%
• 6M: -10.25%
• 1Y: 23.94%
• 3Y*: 20.87%
• 5Y*: 14.06%
• 10Y*: 20.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VBLLX vs. VITAX - Expense Ratio Comparison

VBLLX has a 0.05% expense ratio, which is lower than VITAX's 0.10% 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%.

VITAX

Vanguard Information Technology Index Fund Admiral Shares

VBLLX

Vanguard Long-Term Bond Index Fund Institutional Shares

Return for Risk

VBLLX vs. VITAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VBLLX

VBLLX Risk / Return Rank: 12
VBLLX Sharpe Ratio Rank: 11
VBLLX Sortino Ratio Rank: 9
VBLLX Omega Ratio Rank: 9
VBLLX Calmar Ratio Rank: 18
VBLLX Martin Ratio Rank: 14

VITAX

VITAX Risk / Return Rank: 47
VITAX Sharpe Ratio Rank: 44
VITAX Sortino Ratio Rank: 52
VITAX Omega Ratio Rank: 48
VITAX Calmar Ratio Rank: 53
VITAX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VBLLX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

	VBLLX	VITAX	Difference
Sharpe ratio Return per unit of total volatility	0.28	0.87	-0.60
Sortino ratio Return per unit of downside risk	0.43	1.39	-0.96
Omega ratio Gain probability vs. loss probability	1.05	1.19	-0.14
Calmar ratio Return relative to maximum drawdown	0.52	1.26	-0.73
Martin ratio Return relative to average drawdown	1.28	3.92	-2.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VBLLX vs. VITAX - Sharpe Ratio Comparison

The current VBLLX Sharpe Ratio is 0.28, which is lower than the VITAX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of VBLLX and VITAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VBLLX	VITAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.87	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.56	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.85	-0.76
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.59	-0.23

Correlation

The correlation between VBLLX and VITAX is -0.19. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

VBLLX vs. VITAX - Dividend Comparison

VBLLX's dividend yield for the trailing twelve months is around 4.37%, more than VITAX's 0.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares	4.37%	4.66%	4.64%	3.75%	4.16%	2.89%	5.84%	3.62%	3.82%	3.69%	4.19%	4.98%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.46%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Drawdowns

VBLLX vs. VITAX - Drawdown Comparison

The maximum VBLLX drawdown since its inception was -38.42%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for VBLLX and VITAX.

Drawdown Indicators

	VBLLX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-38.42%	-54.81%	+16.39%
Max Drawdown (1Y) Largest decline over 1 year	-6.87%	-16.38%	+9.51%
Max Drawdown (5Y) Largest decline over 5 years	-36.29%	-35.10%	-1.19%
Max Drawdown (10Y) Largest decline over 10 years	-38.42%	-35.10%	-3.32%
Current Drawdown Current decline from peak	-25.79%	-16.38%	-9.41%
Average Drawdown Average peak-to-trough decline	-9.06%	-8.06%	-1.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	5.24%	-2.43%

Volatility

VBLLX vs. VITAX - Volatility Comparison

The current volatility for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) is 3.42%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 6.70%. This indicates that VBLLX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VBLLX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	6.70%	-3.28%
Volatility (6M) Calculated over the trailing 6-month period	5.49%	15.84%	-10.35%
Volatility (1Y) Calculated over the trailing 1-year period	9.55%	27.38%	-17.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.89%	25.22%	-12.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.58%	24.69%	-13.11%