VLCIX vs. IGLB
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. IGLB is a passively managed fund by iShares that tracks the performance of the ICE BofAML10+ Year US Corporate Index. It was launched on Dec 8, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCIX or IGLB.
Correlation
The correlation between VLCIX and IGLB is 0.86, 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. IGLB - Performance Comparison
Key characteristics
VLCIX:
0.13
IGLB:
0.18
VLCIX:
0.25
IGLB:
0.31
VLCIX:
1.03
IGLB:
1.04
VLCIX:
0.05
IGLB:
0.07
VLCIX:
0.34
IGLB:
0.48
VLCIX:
3.81%
IGLB:
3.75%
VLCIX:
9.85%
IGLB:
10.03%
VLCIX:
-34.55%
IGLB:
-34.12%
VLCIX:
-20.79%
IGLB:
-20.20%
Returns By Period
In the year-to-date period, VLCIX achieves a 0.10% return, which is significantly lower than IGLB's 0.27% return. Over the past 10 years, VLCIX has outperformed IGLB with an annualized return of 2.05%, while IGLB has yielded a comparatively lower 1.87% annualized return.
VLCIX
0.10%
2.36%
-3.89%
2.77%
-2.75%
2.05%
IGLB
0.27%
2.52%
-3.72%
3.28%
-2.66%
1.87%
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VLCIX vs. IGLB - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is lower than IGLB's 0.06% 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%.
Risk-Adjusted Performance
VLCIX vs. IGLB — Risk-Adjusted Performance Rank
VLCIX
IGLB
VLCIX vs. IGLB - 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 iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB). 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. IGLB - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.21%, more than IGLB's 5.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.21% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.13% | 5.11% | 4.59% | 4.56% | 3.16% | 3.23% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% | 4.12% |
Drawdowns
VLCIX vs. IGLB - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.55%, roughly equal to the maximum IGLB drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for VLCIX and IGLB. For additional features, visit the drawdowns tool.
Volatility
VLCIX vs. IGLB - Volatility Comparison
Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) have volatilities of 2.83% and 2.79%, 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.