VIS vs. VCLT
VIS (Vanguard Industrials ETF) and VCLT (Vanguard Long-Term Corporate Bond ETF) are both exchange-traded funds - VIS is a Industrials Equities fund tracking the MSCI US Investable Market Industrials 25/50 Index, while VCLT is a Corporate Bonds fund tracking the Bloomberg U.S. 10+ Year Corporate Bond Index. Both are passively managed. Over the past 10 years, VIS returned 14.22%/yr vs 2.27%/yr for VCLT. At a correlation of -0.01, they often move in opposite directions. VIS charges 0.09%/yr vs 0.03%/yr for VCLT.
Performance
VIS vs. VCLT - Performance Comparison
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Returns By Period
In the year-to-date period, VIS achieves a 15.65% return, which is significantly higher than VCLT's 1.41% return. Over the past 10 years, VIS has outperformed VCLT with an annualized return of 14.22%, while VCLT has yielded a comparatively lower 2.27% annualized return.
VIS
- 1D
- 0.51%
- 1M
- 2.91%
- YTD
- 15.65%
- 6M
- 14.50%
- 1Y
- 28.67%
- 3Y*
- 21.45%
- 5Y*
- 13.11%
- 10Y*
- 14.22%
VCLT
- 1D
- -0.09%
- 1M
- 2.37%
- YTD
- 1.41%
- 6M
- 1.82%
- 1Y
- 6.87%
- 3Y*
- 4.64%
- 5Y*
- -2.06%
- 10Y*
- 2.27%
VIS vs. VCLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIS Vanguard Industrials ETF | 15.65% | 18.57% | 16.85% | 22.50% | -8.57% | 20.80% | 12.34% | 30.09% | -14.01% | 21.47% |
VCLT Vanguard Long-Term Corporate Bond ETF | 1.41% | 7.18% | -1.90% | 11.17% | -25.50% | -1.73% | 13.27% | 23.89% | -7.04% | 11.70% |
Correlation
The correlation between VIS and VCLT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2009 | -0.01 |
The correlation between VIS and VCLT shifts across timeframes, from -0.01 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VIS vs. VCLT — Risk / Return Rank
VIS
VCLT
VIS vs. VCLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials ETF (VIS) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIS | VCLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.13 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 1.13 | +1.11 |
| Martin ratioReturn relative to average drawdown | 9.28 | 2.75 | +6.53 |
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Drawdowns
VIS vs. VCLT - Drawdown Comparison
The maximum VIS drawdown since its inception was -63.51%, which is greater than VCLT's maximum drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for VIS and VCLT.
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Drawdown Indicators
| VIS | VCLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.51% | -34.31% | -29.20% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -5.25% | -7.04% |
Max Drawdown (3Y)Largest decline over 3 years | -20.80% | -13.03% | -7.77% |
Max Drawdown (5Y)Largest decline over 5 years | -22.96% | -34.31% | +11.35% |
Max Drawdown (10Y)Largest decline over 10 years | -42.42% | -34.31% | -8.11% |
Current DrawdownCurrent decline from peak | -0.34% | -14.00% | +13.66% |
Average DrawdownAverage peak-to-trough decline | -8.37% | -8.17% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.16% | +0.81% |
Volatility
VIS vs. VCLT - Volatility Comparison
Vanguard Industrials ETF (VIS) has a higher volatility of 6.71% compared to Vanguard Long-Term Corporate Bond ETF (VCLT) at 2.48%. This indicates that VIS's price experiences larger fluctuations and is considered to be riskier than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIS | VCLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.71% | 2.48% | +4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 14.28% | 5.91% | +8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.20% | 7.95% | +9.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.48% | 12.77% | +5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.48% | 12.85% | +7.63% |
VIS vs. VCLT - Expense Ratio Comparison
VIS has a 0.09% expense ratio, which is higher than VCLT's 0.03% 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%.
Dividends
VIS vs. VCLT - Dividend Comparison
VIS's dividend yield for the trailing twelve months is around 0.88%, less than VCLT's 5.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCLT Vanguard Long-Term Corporate Bond ETF | 5.52% | 5.51% | 5.19% | 4.67% | 4.44% | 3.07% | 3.16% | 3.81% | 4.55% | 4.01% | 4.33% | 4.68% |
VIS Vanguard Industrials ETF | 0.88% | 1.01% | 1.23% | 1.36% | 1.52% | 1.11% | 1.38% | 1.68% | 1.90% | 1.60% | 1.81% | 1.94% |
Frequently Asked Questions
VIS and VCLT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIS has higher volatility (6.71%) compared to VCLT (2.48%). In terms of maximum drawdown, VIS dropped -63.51% vs VCLT's -34.31%.
On 10-year performance, VIS leads with 14.22% vs 2.27% for VCLT. On fees, VCLT is cheaper at 0.03% per year. On volatility, VCLT has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VIS has performed better with a 14.22% return vs 2.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VCLT is cheaper with a 0.03% expense ratio, compared with 0.09% for VIS.
VCLT has the higher dividend yield at 5.52%, compared with 0.88% for VIS.
VIS is categorized as Industrials Equities, while VCLT is Corporate Bonds. VIS tracks MSCI US Investable Market Industrials 25/50 Index, while VCLT tracks Bloomberg U.S. 10+ Year Corporate Bond Index. Their fees differ too: 0.09% for VIS and 0.03% for VCLT.
VIS currently has the higher Sharpe Ratio (1.60 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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