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VCIT vs. GVI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VCIT and GVI is 0.81, 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.


-0.50.00.51.00.8

Performance

VCIT vs. GVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Corporate Bond ETF (VCIT) and iShares Intermediate Government/Credit Bond ETF (GVI). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
82.90%
35.07%
VCIT
GVI

Key characteristics

Sharpe Ratio

VCIT:

0.70

GVI:

0.87

Sortino Ratio

VCIT:

1.01

GVI:

1.26

Omega Ratio

VCIT:

1.12

GVI:

1.15

Calmar Ratio

VCIT:

0.35

GVI:

0.39

Martin Ratio

VCIT:

2.42

GVI:

2.66

Ulcer Index

VCIT:

1.56%

GVI:

1.11%

Daily Std Dev

VCIT:

5.40%

GVI:

3.40%

Max Drawdown

VCIT:

-20.56%

GVI:

-12.93%

Current Drawdown

VCIT:

-5.15%

GVI:

-3.29%

Returns By Period

In the year-to-date period, VCIT achieves a 3.24% return, which is significantly higher than GVI's 2.77% return. Over the past 10 years, VCIT has outperformed GVI with an annualized return of 2.74%, while GVI has yielded a comparatively lower 1.54% annualized return.


VCIT

YTD

3.24%

1M

-0.07%

6M

2.57%

1Y

3.70%

5Y*

0.88%

10Y*

2.74%

GVI

YTD

2.77%

1M

0.07%

6M

2.08%

1Y

2.99%

5Y*

0.71%

10Y*

1.54%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VCIT vs. GVI - Expense Ratio Comparison

VCIT has a 0.04% expense ratio, which is lower than GVI'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%.


GVI
iShares Intermediate Government/Credit Bond ETF
Expense ratio chart for GVI: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for VCIT: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VCIT vs. GVI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Corporate Bond ETF (VCIT) and iShares Intermediate Government/Credit Bond ETF (GVI). 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.


Sharpe ratio
The chart of Sharpe ratio for VCIT, currently valued at 0.70, compared to the broader market0.002.004.000.700.87
The chart of Sortino ratio for VCIT, currently valued at 1.01, compared to the broader market-2.000.002.004.006.008.0010.001.011.26
The chart of Omega ratio for VCIT, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.15
The chart of Calmar ratio for VCIT, currently valued at 0.35, compared to the broader market0.005.0010.0015.000.350.39
The chart of Martin ratio for VCIT, currently valued at 2.42, compared to the broader market0.0020.0040.0060.0080.00100.002.422.66
VCIT
GVI

The current VCIT Sharpe Ratio is 0.70, which is comparable to the GVI Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of VCIT and GVI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.70
0.87
VCIT
GVI

Dividends

VCIT vs. GVI - Dividend Comparison

VCIT's dividend yield for the trailing twelve months is around 4.02%, more than GVI's 3.40% yield.


TTM20232022202120202019201820172016201520142013
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
4.02%3.72%3.04%2.88%2.78%3.37%3.61%3.21%3.29%3.34%3.34%4.00%
GVI
iShares Intermediate Government/Credit Bond ETF
3.40%2.75%1.86%1.46%1.84%2.29%2.16%1.91%1.77%1.75%1.72%1.77%

Drawdowns

VCIT vs. GVI - Drawdown Comparison

The maximum VCIT drawdown since its inception was -20.56%, which is greater than GVI's maximum drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for VCIT and GVI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%JulyAugustSeptemberOctoberNovemberDecember
-5.15%
-3.29%
VCIT
GVI

Volatility

VCIT vs. GVI - Volatility Comparison

Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a higher volatility of 1.71% compared to iShares Intermediate Government/Credit Bond ETF (GVI) at 0.91%. This indicates that VCIT's price experiences larger fluctuations and is considered to be riskier than GVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.71%
0.91%
VCIT
GVI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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