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

Correlation

The correlation between VCLT and SPLB is 0.89, 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: 0.9

Performance

VCLT vs. SPLB - Performance Comparison

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

85.00%90.00%95.00%100.00%105.00%NovemberDecember2025FebruaryMarchApril
100.08%
92.08%
VCLT
SPLB

Key characteristics

Sharpe Ratio

VCLT:

0.46

SPLB:

0.45

Sortino Ratio

VCLT:

0.70

SPLB:

0.70

Omega Ratio

VCLT:

1.08

SPLB:

1.08

Calmar Ratio

VCLT:

0.19

SPLB:

0.19

Martin Ratio

VCLT:

1.13

SPLB:

1.12

Ulcer Index

VCLT:

4.15%

SPLB:

4.14%

Daily Std Dev

VCLT:

10.23%

SPLB:

10.22%

Max Drawdown

VCLT:

-34.31%

SPLB:

-34.46%

Current Drawdown

VCLT:

-18.38%

SPLB:

-18.44%

Returns By Period

The year-to-date returns for both stocks are quite close, with VCLT having a 3.15% return and SPLB slightly lower at 3.09%. Over the past 10 years, VCLT has outperformed SPLB with an annualized return of 2.03%, while SPLB has yielded a comparatively lower 1.90% annualized return.


VCLT

YTD

3.15%

1M

-0.08%

6M

-2.21%

1Y

4.52%

5Y*

-0.09%

10Y*

2.03%

SPLB

YTD

3.09%

1M

-0.22%

6M

-2.31%

1Y

4.49%

5Y*

-0.11%

10Y*

1.90%

*Annualized

Compare stocks, funds, or ETFs

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


VCLT vs. SPLB - Expense Ratio Comparison

VCLT has a 0.04% expense ratio, which is lower than SPLB's 0.07% 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%.


Expense ratio chart for SPLB: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPLB: 0.07%
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

VCLT vs. SPLB — Risk-Adjusted Performance Rank

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

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

SPLB
The Risk-Adjusted Performance Rank of SPLB is 5757
Overall Rank
The Sharpe Ratio Rank of SPLB is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of SPLB is 6262
Sortino Ratio Rank
The Omega Ratio Rank of SPLB is 5959
Omega Ratio Rank
The Calmar Ratio Rank of SPLB is 4848
Calmar Ratio Rank
The Martin Ratio Rank of SPLB is 5353
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.

VCLT vs. SPLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond ETF (VCLT) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB). 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 VCLT, currently valued at 0.46, compared to the broader market-1.000.001.002.003.004.005.00
VCLT: 0.46
SPLB: 0.45
The chart of Sortino ratio for VCLT, currently valued at 0.70, compared to the broader market-2.000.002.004.006.008.0010.00
VCLT: 0.70
SPLB: 0.70
The chart of Omega ratio for VCLT, currently valued at 1.08, compared to the broader market0.501.001.502.002.50
VCLT: 1.08
SPLB: 1.08
The chart of Calmar ratio for VCLT, currently valued at 0.19, compared to the broader market0.005.0010.0015.00
VCLT: 0.19
SPLB: 0.19
The chart of Martin ratio for VCLT, currently valued at 1.13, compared to the broader market0.0020.0040.0060.0080.00
VCLT: 1.13
SPLB: 1.12

The current VCLT Sharpe Ratio is 0.46, which is comparable to the SPLB Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of VCLT and SPLB, 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 Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.46
0.45
VCLT
SPLB

Dividends

VCLT vs. SPLB - Dividend Comparison

VCLT's dividend yield for the trailing twelve months is around 5.18%, which matches SPLB's 5.15% yield.


TTM20242023202220212020201920182017201620152014
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%
SPLB
SPDR Portfolio Long Term Corporate Bond ETF
5.15%5.20%4.60%4.53%3.00%3.01%3.79%4.50%4.06%4.34%4.70%4.25%

Drawdowns

VCLT vs. SPLB - Drawdown Comparison

The maximum VCLT drawdown since its inception was -34.31%, roughly equal to the maximum SPLB drawdown of -34.46%. Use the drawdown chart below to compare losses from any high point for VCLT and SPLB. For additional features, visit the drawdowns tool.


-23.00%-22.00%-21.00%-20.00%-19.00%-18.00%-17.00%-16.00%NovemberDecember2025FebruaryMarchApril
-18.38%
-18.44%
VCLT
SPLB

Volatility

VCLT vs. SPLB - Volatility Comparison

Vanguard Long-Term Corporate Bond ETF (VCLT) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB) have volatilities of 2.30% and 2.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%NovemberDecember2025FebruaryMarchApril
2.30%
2.25%
VCLT
SPLB