VLCIX vs. PTY
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and PIMCO Corporate & Income Opportunity Fund (PTY).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. PTY is managed by FPA. It was launched on Dec 24, 2002.
Performance
VLCIX vs. PTY - Performance Comparison
Loading graphics...
VLCIX vs. PTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | -0.93% | 7.27% | -1.43% | 11.06% | -25.75% | -1.24% | 13.74% | 23.18% | -6.86% | 12.42% |
PTY PIMCO Corporate & Income Opportunity Fund | -2.76% | -0.51% | 19.87% | 22.56% | -18.71% | 0.40% | 3.24% | 35.36% | 2.49% | 26.63% |
Returns By Period
In the year-to-date period, VLCIX achieves a -0.93% return, which is significantly higher than PTY's -2.76% return. Over the past 10 years, VLCIX has underperformed PTY with an annualized return of 2.58%, while PTY has yielded a comparatively higher 9.22% annualized return.
VLCIX
- 1D
- 0.53%
- 1M
- -2.55%
- YTD
- -0.93%
- 6M
- -1.70%
- 1Y
- 3.27%
- 3Y*
- 3.22%
- 5Y*
- -1.59%
- 10Y*
- 2.58%
PTY
- 1D
- 1.16%
- 1M
- -3.91%
- YTD
- -2.76%
- 6M
- -10.27%
- 1Y
- -6.45%
- 3Y*
- 10.05%
- 5Y*
- 2.07%
- 10Y*
- 9.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VLCIX vs. PTY - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is lower than PTY's 1.19% expense ratio.
Return for Risk
VLCIX vs. PTY — Risk / Return Rank
VLCIX
PTY
VLCIX vs. PTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and PIMCO Corporate & Income Opportunity Fund (PTY). 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.
| VLCIX | PTY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.42 | -0.40 | +0.82 |
Sortino ratioReturn per unit of downside risk | 0.62 | -0.38 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.08 | 0.92 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 0.81 | -0.40 | +1.21 |
Martin ratioReturn relative to average drawdown | 1.88 | -0.95 | +2.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VLCIX | PTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | -0.40 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.12 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.44 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.47 | -0.03 |
Correlation
The correlation between VLCIX and PTY is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VLCIX vs. PTY - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.15%, less than PTY's 11.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.15% | 5.50% | 5.60% | 4.67% | 4.43% | 2.95% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% |
PTY PIMCO Corporate & Income Opportunity Fund | 11.69% | 11.05% | 9.92% | 10.77% | 13.12% | 9.16% | 8.74% | 8.37% | 10.63% | 9.48% | 12.09% | 11.92% |
Drawdowns
VLCIX vs. PTY - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.56%, smaller than the maximum PTY drawdown of -60.86%. Use the drawdown chart below to compare losses from any high point for VLCIX and PTY.
Loading graphics...
Drawdown Indicators
| VLCIX | PTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.56% | -60.86% | +26.30% |
Max Drawdown (1Y)Largest decline over 1 year | -5.26% | -15.44% | +10.18% |
Max Drawdown (5Y)Largest decline over 5 years | -34.56% | -41.38% | +6.82% |
Max Drawdown (10Y)Largest decline over 10 years | -34.56% | -46.55% | +11.99% |
Current DrawdownCurrent decline from peak | -15.57% | -11.75% | -3.82% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -8.59% | +0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 6.51% | -4.25% |
Volatility
VLCIX vs. PTY - Volatility Comparison
The current volatility for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) is 3.49%, while PIMCO Corporate & Income Opportunity Fund (PTY) has a volatility of 5.69%. This indicates that VLCIX experiences smaller price fluctuations and is considered to be less risky than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VLCIX | PTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 5.69% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 9.94% | -4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.92% | 16.39% | -7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.88% | 17.73% | -5.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.60% | 21.21% | -10.61% |