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VLCIX vs. VBLLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VLCIX and VBLLX is 0.97, 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.


-0.50.00.51.01.0

Performance

VLCIX vs. VBLLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX). The values are adjusted to include any dividend payments, if applicable.

-8.00%-6.00%-4.00%-2.00%0.00%2.00%4.00%SeptemberOctoberNovemberDecember2025February
-3.01%
-4.71%
VLCIX
VBLLX

Key characteristics

Sharpe Ratio

VLCIX:

0.36

VBLLX:

0.19

Sortino Ratio

VLCIX:

0.57

VBLLX:

0.34

Omega Ratio

VLCIX:

1.07

VBLLX:

1.04

Calmar Ratio

VLCIX:

0.14

VBLLX:

0.06

Martin Ratio

VLCIX:

0.90

VBLLX:

0.41

Ulcer Index

VLCIX:

3.90%

VBLLX:

5.00%

Daily Std Dev

VLCIX:

9.83%

VBLLX:

11.02%

Max Drawdown

VLCIX:

-34.55%

VBLLX:

-40.08%

Current Drawdown

VLCIX:

-19.70%

VBLLX:

-30.26%

Returns By Period

In the year-to-date period, VLCIX achieves a 1.47% return, which is significantly higher than VBLLX's 1.26% return. Over the past 10 years, VLCIX has outperformed VBLLX with an annualized return of 2.13%, while VBLLX has yielded a comparatively lower 0.57% annualized return.


VLCIX

YTD

1.47%

1M

0.82%

6M

-3.01%

1Y

3.65%

5Y*

-2.72%

10Y*

2.13%

VBLLX

YTD

1.26%

1M

0.97%

6M

-4.71%

1Y

2.45%

5Y*

-4.96%

10Y*

0.57%

*Annualized

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VLCIX vs. VBLLX - Expense Ratio Comparison

Both VLCIX and VBLLX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VLCIX
Vanguard Long-Term Corporate Bond Index Fund Institutional Shares
Expense ratio chart for VLCIX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for VBLLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VLCIX vs. VBLLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VLCIX
The Risk-Adjusted Performance Rank of VLCIX is 1414
Overall Rank
The Sharpe Ratio Rank of VLCIX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of VLCIX is 1616
Sortino Ratio Rank
The Omega Ratio Rank of VLCIX is 1313
Omega Ratio Rank
The Calmar Ratio Rank of VLCIX is 1212
Calmar Ratio Rank
The Martin Ratio Rank of VLCIX is 1414
Martin Ratio Rank

VBLLX
The Risk-Adjusted Performance Rank of VBLLX is 1010
Overall Rank
The Sharpe Ratio Rank of VBLLX is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of VBLLX is 1010
Sortino Ratio Rank
The Omega Ratio Rank of VBLLX is 99
Omega Ratio Rank
The Calmar Ratio Rank of VBLLX is 99
Calmar Ratio Rank
The Martin Ratio Rank of VBLLX is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VLCIX vs. VBLLX - 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 Long-Term Bond Index Fund Institutional Shares (VBLLX). 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.


Sharpe ratio
The chart of Sharpe ratio for VLCIX, currently valued at 0.36, compared to the broader market-1.000.001.002.003.004.000.360.19
The chart of Sortino ratio for VLCIX, currently valued at 0.57, compared to the broader market0.002.004.006.008.0010.0012.000.570.34
The chart of Omega ratio for VLCIX, currently valued at 1.07, compared to the broader market1.002.003.004.001.071.04
The chart of Calmar ratio for VLCIX, currently valued at 0.14, compared to the broader market0.005.0010.0015.0020.000.140.06
The chart of Martin ratio for VLCIX, currently valued at 0.90, compared to the broader market0.0020.0040.0060.0080.000.900.41
VLCIX
VBLLX

The current VLCIX Sharpe Ratio is 0.36, which is higher than the VBLLX Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of VLCIX and VBLLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2025February
0.36
0.19
VLCIX
VBLLX

Dividends

VLCIX vs. VBLLX - Dividend Comparison

VLCIX's dividend yield for the trailing twelve months is around 5.14%, more than VBLLX's 4.62% yield.


TTM20242023202220212020201920182017201620152014
VLCIX
Vanguard Long-Term Corporate Bond Index Fund Institutional Shares
5.14%5.18%4.68%4.43%3.06%3.17%3.83%4.58%4.03%4.39%4.73%4.35%
VBLLX
Vanguard Long-Term Bond Index Fund Institutional Shares
4.62%4.65%4.10%4.00%2.87%2.95%3.45%4.01%3.71%4.03%4.25%4.03%

Drawdowns

VLCIX vs. VBLLX - Drawdown Comparison

The maximum VLCIX drawdown since its inception was -34.55%, smaller than the maximum VBLLX drawdown of -40.08%. Use the drawdown chart below to compare losses from any high point for VLCIX and VBLLX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%SeptemberOctoberNovemberDecember2025February
-19.70%
-30.26%
VLCIX
VBLLX

Volatility

VLCIX vs. VBLLX - Volatility Comparison

The current volatility for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) is 2.64%, while Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) has a volatility of 2.95%. This indicates that VLCIX experiences smaller price fluctuations and is considered to be less risky than VBLLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%SeptemberOctoberNovemberDecember2025February
2.64%
2.95%
VLCIX
VBLLX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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