VLCIX vs. BND
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Vanguard Total Bond Market ETF (BND).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCIX or BND.
Correlation
The correlation between VLCIX and BND 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.
Performance
VLCIX vs. BND - Performance Comparison
Key characteristics
VLCIX:
0.34
BND:
0.79
VLCIX:
0.54
BND:
1.15
VLCIX:
1.06
BND:
1.14
VLCIX:
0.13
BND:
0.30
VLCIX:
0.86
BND:
1.97
VLCIX:
3.86%
BND:
2.06%
VLCIX:
9.85%
BND:
5.18%
VLCIX:
-34.55%
BND:
-18.84%
VLCIX:
-19.96%
BND:
-8.61%
Returns By Period
In the year-to-date period, VLCIX achieves a 1.14% return, which is significantly higher than BND's 0.81% return. Over the past 10 years, VLCIX has outperformed BND with an annualized return of 2.18%, while BND has yielded a comparatively lower 1.34% annualized return.
VLCIX
1.14%
1.39%
-3.75%
3.20%
-2.70%
2.18%
BND
0.81%
0.76%
-1.26%
4.11%
-0.68%
1.34%
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VLCIX vs. BND - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is higher than BND'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%.
Risk-Adjusted Performance
VLCIX vs. BND — Risk-Adjusted Performance Rank
VLCIX
BND
VLCIX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
VLCIX vs. BND - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.16%, more than BND's 3.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.16% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
BND Vanguard Total Bond Market ETF | 3.68% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
VLCIX vs. BND - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.55%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VLCIX and BND. For additional features, visit the drawdowns tool.
Volatility
VLCIX vs. BND - Volatility Comparison
Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) has a higher volatility of 2.76% compared to Vanguard Total Bond Market ETF (BND) at 1.36%. This indicates that VLCIX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.