VLCIX vs. VWESX
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. VWESX is managed by Vanguard. It was launched on Jul 9, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCIX or VWESX.
Correlation
The correlation between VLCIX and VWESX is 0.98, 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. VWESX - Performance Comparison
Key characteristics
VLCIX:
0.41
VWESX:
0.28
VLCIX:
0.64
VWESX:
0.46
VLCIX:
1.07
VWESX:
1.05
VLCIX:
0.16
VWESX:
0.09
VLCIX:
1.03
VWESX:
0.64
VLCIX:
3.92%
VWESX:
4.38%
VLCIX:
9.84%
VWESX:
10.09%
VLCIX:
-34.55%
VWESX:
-39.13%
VLCIX:
-19.16%
VWESX:
-27.13%
Returns By Period
In the year-to-date period, VLCIX achieves a 2.15% return, which is significantly higher than VWESX's 1.46% return. Over the past 10 years, VLCIX has outperformed VWESX with an annualized return of 2.09%, while VWESX has yielded a comparatively lower 0.41% annualized return.
VLCIX
2.15%
1.78%
-3.01%
3.98%
-2.59%
2.09%
VWESX
1.46%
1.46%
-4.15%
2.82%
-4.36%
0.41%
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. VWESX - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is lower than VWESX's 0.22% 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. VWESX — Risk-Adjusted Performance Rank
VLCIX
VWESX
VLCIX vs. VWESX - 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 Investment-Grade Fund Investor Shares (VWESX). 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. VWESX - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.11%, more than VWESX's 4.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.11% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
VWESX Vanguard Long-Term Investment-Grade Fund Investor Shares | 4.55% | 5.05% | 4.55% | 4.44% | 3.12% | 3.17% | 3.68% | 4.32% | 3.99% | 4.35% | 4.53% | 4.36% |
Drawdowns
VLCIX vs. VWESX - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.55%, smaller than the maximum VWESX drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for VLCIX and VWESX. For additional features, visit the drawdowns tool.
Volatility
VLCIX vs. VWESX - Volatility Comparison
The current volatility for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) is 2.69%, while Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX) has a volatility of 2.88%. This indicates that VLCIX experiences smaller price fluctuations and is considered to be less risky than VWESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.