VLCIX vs. SPTL
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and SPDR Portfolio Long Term Treasury ETF (SPTL).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. SPTL is a passively managed fund by State Street that tracks the performance of the Bloomberg US Aggregate Government - Treasury - Long. It was launched on May 23, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCIX or SPTL.
Correlation
The correlation between VLCIX and SPTL is 0.92, 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. SPTL - Performance Comparison
Key characteristics
VLCIX:
0.47
SPTL:
0.14
VLCIX:
0.72
SPTL:
0.28
VLCIX:
1.08
SPTL:
1.03
VLCIX:
0.18
SPTL:
0.04
VLCIX:
1.19
SPTL:
0.29
VLCIX:
3.84%
SPTL:
6.03%
VLCIX:
9.82%
SPTL:
12.47%
VLCIX:
-34.55%
SPTL:
-46.20%
VLCIX:
-19.39%
SPTL:
-38.44%
Returns By Period
In the year-to-date period, VLCIX achieves a 1.87% return, which is significantly lower than SPTL's 2.27% return. Over the past 10 years, VLCIX has outperformed SPTL with an annualized return of 2.26%, while SPTL has yielded a comparatively lower -0.55% annualized return.
VLCIX
1.87%
2.12%
-2.70%
3.94%
-2.49%
2.26%
SPTL
2.27%
2.62%
-5.90%
1.32%
-6.15%
-0.55%
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VLCIX vs. SPTL - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is lower than SPTL'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. SPTL — Risk-Adjusted Performance Rank
VLCIX
SPTL
VLCIX vs. SPTL - 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 SPDR Portfolio Long Term Treasury ETF (SPTL). 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. SPTL - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.12%, more than SPTL's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.12% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
SPTL SPDR Portfolio Long Term Treasury ETF | 3.97% | 4.03% | 3.24% | 2.75% | 1.68% | 1.71% | 2.45% | 2.69% | 2.53% | 2.56% | 2.60% | 2.64% |
Drawdowns
VLCIX vs. SPTL - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.55%, smaller than the maximum SPTL drawdown of -46.20%. Use the drawdown chart below to compare losses from any high point for VLCIX and SPTL. For additional features, visit the drawdowns tool.
Volatility
VLCIX vs. SPTL - Volatility Comparison
The current volatility for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) is 2.65%, while SPDR Portfolio Long Term Treasury ETF (SPTL) has a volatility of 3.38%. This indicates that VLCIX experiences smaller price fluctuations and is considered to be less risky than SPTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.