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VCEB vs. VIG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VCEB vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard ESG U.S. Corporate Bond ETF (VCEB) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

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VCEB vs. VIG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
VCEB
Vanguard ESG U.S. Corporate Bond ETF
-0.51%7.48%2.23%8.52%-15.15%-1.99%2.46%
VIG
Vanguard Dividend Appreciation ETF
-1.77%14.17%16.99%14.51%-9.80%23.76%13.45%

Returns By Period

In the year-to-date period, VCEB achieves a -0.51% return, which is significantly higher than VIG's -1.77% return.


VCEB

1D
0.51%
1M
-1.85%
YTD
-0.51%
6M
0.08%
1Y
4.55%
3Y*
4.51%
5Y*
0.58%
10Y*

VIG

1D
2.07%
1M
-5.18%
YTD
-1.77%
6M
0.45%
1Y
12.67%
3Y*
13.80%
5Y*
9.76%
10Y*
12.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VCEB vs. VIG - Expense Ratio Comparison

VCEB has a 0.12% expense ratio, which is higher than VIG's 0.04% expense ratio. However, 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

VCEB vs. VIG — Risk / Return Rank

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

VCEB
VCEB Risk / Return Rank: 5454
Overall Rank
VCEB Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
VCEB Sortino Ratio Rank: 4848
Sortino Ratio Rank
VCEB Omega Ratio Rank: 4646
Omega Ratio Rank
VCEB Calmar Ratio Rank: 6868
Calmar Ratio Rank
VCEB Martin Ratio Rank: 5555
Martin Ratio Rank

VIG
VIG Risk / Return Rank: 5555
Overall Rank
VIG Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
VIG Sortino Ratio Rank: 5252
Sortino Ratio Rank
VIG Omega Ratio Rank: 5353
Omega Ratio Rank
VIG Calmar Ratio Rank: 5757
Calmar Ratio Rank
VIG Martin Ratio Rank: 6363
Martin Ratio Rank
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.

VCEB vs. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG U.S. Corporate Bond ETF (VCEB) and Vanguard Dividend Appreciation ETF (VIG). 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.


VCEBVIGDifference

Sharpe ratio

Return per unit of total volatility

0.90

0.83

+0.06

Sortino ratio

Return per unit of downside risk

1.26

1.28

-0.02

Omega ratio

Gain probability vs. loss probability

1.17

1.18

-0.01

Calmar ratio

Return relative to maximum drawdown

1.67

1.28

+0.38

Martin ratio

Return relative to average drawdown

5.24

5.73

-0.50

VCEB vs. VIG - Sharpe Ratio Comparison

The current VCEB Sharpe Ratio is 0.90, which is comparable to the VIG Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of VCEB and VIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VCEBVIGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.90

0.83

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.69

-0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.77

Sharpe Ratio (All Time)

Calculated using the full available price history

0.03

0.57

-0.54

Correlation

The correlation between VCEB and VIG is 0.31, 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

VCEB vs. VIG - Dividend Comparison

VCEB's dividend yield for the trailing twelve months is around 4.64%, more than VIG's 1.61% yield.


TTM20252024202320222021202020192018201720162015
VCEB
Vanguard ESG U.S. Corporate Bond ETF
4.64%4.57%4.47%3.70%2.84%1.69%0.43%0.00%0.00%0.00%0.00%0.00%
VIG
Vanguard Dividend Appreciation ETF
1.61%1.62%1.73%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%

Drawdowns

VCEB vs. VIG - Drawdown Comparison

The maximum VCEB drawdown since its inception was -21.60%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for VCEB and VIG.


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Drawdown Indicators


VCEBVIGDifference

Max Drawdown

Largest peak-to-trough decline

-21.60%

-46.81%

+25.21%

Max Drawdown (1Y)

Largest decline over 1 year

-2.82%

-10.83%

+8.01%

Max Drawdown (5Y)

Largest decline over 5 years

-21.39%

-20.39%

-1.00%

Max Drawdown (10Y)

Largest decline over 10 years

-31.72%

Current Drawdown

Current decline from peak

-1.87%

-6.00%

+4.13%

Average Drawdown

Average peak-to-trough decline

-7.84%

-5.55%

-2.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.90%

2.42%

-1.52%

Volatility

VCEB vs. VIG - Volatility Comparison

The current volatility for Vanguard ESG U.S. Corporate Bond ETF (VCEB) is 2.14%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 4.07%. This indicates that VCEB experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VCEBVIGDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.14%

4.07%

-1.93%

Volatility (6M)

Calculated over the trailing 6-month period

2.94%

7.84%

-4.90%

Volatility (1Y)

Calculated over the trailing 1-year period

5.10%

15.31%

-10.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.85%

14.26%

-7.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.72%

16.05%

-9.33%