VBLLX vs. VLCIX
Compare and contrast key facts about Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX).
VBLLX is managed by Vanguard. It was launched on Feb 2, 2006. VLCIX is managed by Vanguard. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBLLX or VLCIX.
Correlation
The correlation between VBLLX and VLCIX 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
VBLLX vs. VLCIX - Performance Comparison
Key characteristics
VBLLX:
0.26
VLCIX:
0.41
VBLLX:
0.44
VLCIX:
0.64
VBLLX:
1.05
VLCIX:
1.07
VBLLX:
0.08
VLCIX:
0.16
VBLLX:
0.57
VLCIX:
1.03
VBLLX:
5.02%
VLCIX:
3.92%
VBLLX:
11.04%
VLCIX:
9.84%
VBLLX:
-40.08%
VLCIX:
-34.55%
VBLLX:
-29.66%
VLCIX:
-19.16%
Returns By Period
The year-to-date returns for both investments are quite close, with VBLLX having a 2.13% return and VLCIX slightly higher at 2.15%. Over the past 10 years, VBLLX has underperformed VLCIX with an annualized return of 0.54%, while VLCIX has yielded a comparatively higher 2.09% annualized return.
VBLLX
2.13%
2.23%
-4.49%
2.95%
-4.80%
0.54%
VLCIX
2.15%
1.78%
-3.01%
3.98%
-2.59%
2.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VBLLX vs. VLCIX - Expense Ratio Comparison
Both VBLLX and VLCIX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VBLLX vs. VLCIX — Risk-Adjusted Performance Rank
VBLLX
VLCIX
VBLLX vs. VLCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX). 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
VBLLX vs. VLCIX - Dividend Comparison
VBLLX's dividend yield for the trailing twelve months is around 4.58%, less than VLCIX's 5.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares | 4.58% | 4.65% | 4.10% | 4.00% | 2.87% | 2.95% | 3.45% | 4.01% | 3.71% | 4.03% | 4.25% | 4.03% |
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.11% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
Drawdowns
VBLLX vs. VLCIX - Drawdown Comparison
The maximum VBLLX drawdown since its inception was -40.08%, which is greater than VLCIX's maximum drawdown of -34.55%. Use the drawdown chart below to compare losses from any high point for VBLLX and VLCIX. For additional features, visit the drawdowns tool.
Volatility
VBLLX vs. VLCIX - Volatility Comparison
Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) has a higher volatility of 3.02% compared to Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) at 2.69%. This indicates that VBLLX's price experiences larger fluctuations and is considered to be riskier than VLCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.