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VFIDX vs. VBLAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VFIDX vs. VBLAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) and Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX). The values are adjusted to include any dividend payments, if applicable.

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VFIDX vs. VBLAX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
VFIDX
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares
-1.43%9.67%3.29%8.63%-13.77%-1.51%10.44%8.68%
VBLAX
Vanguard Long-Term Bond Index Fund Admiral Shares
-1.15%6.57%-4.14%7.55%-27.22%-3.36%15.75%16.45%

Returns By Period

In the year-to-date period, VFIDX achieves a -1.43% return, which is significantly lower than VBLAX's -1.15% return.


VFIDX

1D
0.46%
1M
-2.89%
YTD
-1.43%
6M
-0.20%
1Y
5.19%
3Y*
5.32%
5Y*
1.39%
10Y*
2.74%

VBLAX

1D
1.07%
1M
-4.25%
YTD
-1.15%
6M
-1.40%
1Y
1.61%
3Y*
0.74%
5Y*
-2.98%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VFIDX vs. VBLAX - Expense Ratio Comparison

VFIDX has a 0.10% expense ratio, which is higher than VBLAX's 0.07% 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

VFIDX vs. VBLAX — Risk / Return Rank

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

VFIDX
VFIDX Risk / Return Rank: 7171
Overall Rank
VFIDX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
VFIDX Sortino Ratio Rank: 7272
Sortino Ratio Rank
VFIDX Omega Ratio Rank: 6060
Omega Ratio Rank
VFIDX Calmar Ratio Rank: 7979
Calmar Ratio Rank
VFIDX Martin Ratio Rank: 7272
Martin Ratio Rank

VBLAX
VBLAX Risk / Return Rank: 1313
Overall Rank
VBLAX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
VBLAX Sortino Ratio Rank: 1010
Sortino Ratio Rank
VBLAX Omega Ratio Rank: 1010
Omega Ratio Rank
VBLAX Calmar Ratio Rank: 1818
Calmar Ratio Rank
VBLAX Martin Ratio Rank: 1414
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.

VFIDX vs. VBLAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) and Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX). 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.


VFIDXVBLAXDifference

Sharpe ratio

Return per unit of total volatility

1.23

0.27

+0.96

Sortino ratio

Return per unit of downside risk

1.77

0.43

+1.34

Omega ratio

Gain probability vs. loss probability

1.23

1.05

+0.17

Calmar ratio

Return relative to maximum drawdown

1.87

0.53

+1.33

Martin ratio

Return relative to average drawdown

6.78

1.30

+5.48

VFIDX vs. VBLAX - Sharpe Ratio Comparison

The current VFIDX Sharpe Ratio is 1.23, which is higher than the VBLAX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of VFIDX and VBLAX, 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


VFIDXVBLAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.23

0.27

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.22

-0.23

+0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.87

0.03

+0.84

Correlation

The correlation between VFIDX and VBLAX is 0.88, 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.


Dividends

VFIDX vs. VBLAX - Dividend Comparison

VFIDX's dividend yield for the trailing twelve months is around 4.66%, more than VBLAX's 4.34% yield.


TTM20252024202320222021202020192018201720162015
VFIDX
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares
4.66%4.91%4.65%3.90%3.20%3.61%5.80%3.13%3.32%3.06%3.94%3.64%
VBLAX
Vanguard Long-Term Bond Index Fund Admiral Shares
4.34%4.64%4.61%4.08%4.13%2.62%5.39%3.25%0.00%0.00%0.00%0.00%

Drawdowns

VFIDX vs. VBLAX - Drawdown Comparison

The maximum VFIDX drawdown since its inception was -20.14%, smaller than the maximum VBLAX drawdown of -38.62%. Use the drawdown chart below to compare losses from any high point for VFIDX and VBLAX.


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Drawdown Indicators


VFIDXVBLAXDifference

Max Drawdown

Largest peak-to-trough decline

-20.14%

-38.62%

+18.48%

Max Drawdown (1Y)

Largest decline over 1 year

-3.34%

-6.87%

+3.53%

Max Drawdown (5Y)

Largest decline over 5 years

-20.14%

-36.32%

+16.18%

Max Drawdown (10Y)

Largest decline over 10 years

-20.14%

Current Drawdown

Current decline from peak

-2.89%

-25.71%

+22.82%

Average Drawdown

Average peak-to-trough decline

-2.61%

-17.93%

+15.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

2.81%

-1.89%

Volatility

VFIDX vs. VBLAX - Volatility Comparison

The current volatility for Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) is 1.70%, while Vanguard Long-Term Bond Index Fund Admiral Shares (VBLAX) has a volatility of 3.34%. This indicates that VFIDX experiences smaller price fluctuations and is considered to be less risky than VBLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VFIDXVBLAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.70%

3.34%

-1.64%

Volatility (6M)

Calculated over the trailing 6-month period

2.67%

5.47%

-2.80%

Volatility (1Y)

Calculated over the trailing 1-year period

4.70%

9.52%

-4.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.35%

12.89%

-6.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.17%

12.74%

-7.57%