PortfoliosLab logo
VCIT vs. VCLT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VCIT and VCLT is 0.83, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

VCIT vs. VCLT - Performance Comparison

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

80.00%85.00%90.00%95.00%100.00%105.00%NovemberDecember2025FebruaryMarchApril
88.42%
100.08%
VCIT
VCLT

Key characteristics

Sharpe Ratio

VCIT:

1.41

VCLT:

0.46

Sortino Ratio

VCIT:

2.07

VCLT:

0.70

Omega Ratio

VCIT:

1.25

VCLT:

1.08

Calmar Ratio

VCIT:

0.67

VCLT:

0.19

Martin Ratio

VCIT:

4.39

VCLT:

1.13

Ulcer Index

VCIT:

1.67%

VCLT:

4.15%

Daily Std Dev

VCIT:

5.19%

VCLT:

10.23%

Max Drawdown

VCIT:

-20.56%

VCLT:

-34.31%

Current Drawdown

VCIT:

-2.29%

VCLT:

-18.38%

Returns By Period

The year-to-date returns for both investments are quite close, with VCIT having a 3.05% return and VCLT slightly higher at 3.15%. Over the past 10 years, VCIT has outperformed VCLT with an annualized return of 2.70%, while VCLT has yielded a comparatively lower 2.03% annualized return.


VCIT

YTD

3.05%

1M

0.69%

6M

1.05%

1Y

7.24%

5Y*

2.42%

10Y*

2.70%

VCLT

YTD

3.15%

1M

-0.08%

6M

-2.21%

1Y

4.52%

5Y*

-0.09%

10Y*

2.03%

*Annualized

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. VCLT - Expense Ratio Comparison

Both VCIT and VCLT have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Expense ratio chart for VCIT: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCIT: 0.04%
Expense ratio chart for VCLT: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCLT: 0.04%

Risk-Adjusted Performance

VCIT vs. VCLT — Risk-Adjusted Performance Rank

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

VCIT
The Risk-Adjusted Performance Rank of VCIT is 8383
Overall Rank
The Sharpe Ratio Rank of VCIT is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of VCIT is 8989
Sortino Ratio Rank
The Omega Ratio Rank of VCIT is 8686
Omega Ratio Rank
The Calmar Ratio Rank of VCIT is 7171
Calmar Ratio Rank
The Martin Ratio Rank of VCIT is 8080
Martin Ratio Rank

VCLT
The Risk-Adjusted Performance Rank of VCLT is 5555
Overall Rank
The Sharpe Ratio Rank of VCLT is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of VCLT is 6060
Sortino Ratio Rank
The Omega Ratio Rank of VCLT is 5757
Omega Ratio Rank
The Calmar Ratio Rank of VCLT is 4444
Calmar Ratio Rank
The Martin Ratio Rank of VCLT is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VCIT vs. VCLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Corporate Bond ETF (VCIT) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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.


The chart of Sharpe ratio for VCIT, currently valued at 1.41, compared to the broader market-1.000.001.002.003.004.005.00
VCIT: 1.41
VCLT: 0.46
The chart of Sortino ratio for VCIT, currently valued at 2.07, compared to the broader market-2.000.002.004.006.008.0010.00
VCIT: 2.07
VCLT: 0.70
The chart of Omega ratio for VCIT, currently valued at 1.25, compared to the broader market0.501.001.502.002.50
VCIT: 1.25
VCLT: 1.08
The chart of Calmar ratio for VCIT, currently valued at 0.67, compared to the broader market0.005.0010.0015.00
VCIT: 0.67
VCLT: 0.19
The chart of Martin ratio for VCIT, currently valued at 4.39, compared to the broader market0.0020.0040.0060.0080.00100.00
VCIT: 4.39
VCLT: 1.13

The current VCIT Sharpe Ratio is 1.41, which is higher than the VCLT Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of VCIT and VCLT, 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 Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
1.41
0.46
VCIT
VCLT

Dividends

VCIT vs. VCLT - Dividend Comparison

VCIT's dividend yield for the trailing twelve months is around 4.43%, less than VCLT's 5.18% yield.


TTM20242023202220212020201920182017201620152014
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
4.43%4.43%3.72%3.04%2.88%2.78%3.37%3.61%3.21%3.29%3.34%3.34%
VCLT
Vanguard Long-Term Corporate Bond ETF
5.18%5.19%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%4.29%

Drawdowns

VCIT vs. VCLT - Drawdown Comparison

The maximum VCIT drawdown since its inception was -20.56%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for VCIT and VCLT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%NovemberDecember2025FebruaryMarchApril
-2.29%
-18.38%
VCIT
VCLT

Volatility

VCIT vs. VCLT - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Corporate Bond ETF (VCIT) is 1.25%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 2.30%. This indicates that VCIT experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%NovemberDecember2025FebruaryMarchApril
1.25%
2.30%
VCIT
VCLT