VLGIX vs. BND
Compare and contrast key facts about Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) and Vanguard Total Bond Market ETF (BND).
VLGIX is managed by Vanguard. It was launched on Jul 30, 2010. BND is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. It was launched on Apr 3, 2007.
Performance
VLGIX vs. BND - Performance Comparison
Loading graphics...
VLGIX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLGIX Vanguard Long-Term Treasury Index Fund Institutional Shares | -0.22% | 5.46% | -6.11% | 3.67% | -29.45% | -5.06% | 17.72% | 14.31% | -1.59% | 8.64% |
BND Vanguard Total Bond Market ETF | 0.09% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Returns By Period
In the year-to-date period, VLGIX achieves a -0.22% return, which is significantly lower than BND's 0.09% return. Over the past 10 years, VLGIX has underperformed BND with an annualized return of -0.81%, while BND has yielded a comparatively higher 1.68% annualized return.
VLGIX
- 1D
- 0.04%
- 1M
- -3.08%
- YTD
- -0.22%
- 6M
- -0.69%
- 1Y
- -0.27%
- 3Y*
- -1.40%
- 5Y*
- -4.80%
- 10Y*
- -0.81%
BND
- 1D
- 0.04%
- 1M
- -1.30%
- YTD
- 0.09%
- 6M
- 0.74%
- 1Y
- 3.96%
- 3Y*
- 3.60%
- 5Y*
- 0.25%
- 10Y*
- 1.68%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VLGIX vs. BND - Expense Ratio Comparison
VLGIX has a 0.05% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
VLGIX vs. BND — Risk / Return Rank
VLGIX
BND
VLGIX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) and Vanguard Total Bond Market ETF (BND). 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.
| VLGIX | BND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 0.93 | -0.88 |
Sortino ratioReturn per unit of downside risk | 0.13 | 1.32 | -1.19 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.16 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.15 | 1.75 | -1.60 |
Martin ratioReturn relative to average drawdown | 0.33 | 4.78 | -4.45 |
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
| VLGIX | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 0.93 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | 0.04 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.30 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.59 | -0.40 |
Correlation
The correlation between VLGIX and BND is 0.90, 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.
Dividends
VLGIX vs. BND - Dividend Comparison
VLGIX's dividend yield for the trailing twelve months is around 4.10%, more than BND's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLGIX Vanguard Long-Term Treasury Index Fund Institutional Shares | 4.10% | 4.43% | 4.67% | 3.31% | 2.83% | 1.78% | 2.15% | 2.46% | 2.73% | 2.57% | 2.70% | 2.82% |
BND Vanguard Total Bond Market ETF | 3.93% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Drawdowns
VLGIX vs. BND - Drawdown Comparison
The maximum VLGIX drawdown since its inception was -46.23%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for VLGIX and BND.
Loading graphics...
Drawdown Indicators
| VLGIX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.23% | -18.58% | -27.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -2.44% | -6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -41.00% | -17.91% | -23.09% |
Max Drawdown (10Y)Largest decline over 10 years | -46.23% | -18.58% | -27.65% |
Current DrawdownCurrent decline from peak | -36.41% | -2.54% | -33.87% |
Average DrawdownAverage peak-to-trough decline | -14.80% | -3.07% | -11.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 0.90% | +2.96% |
Volatility
VLGIX vs. BND - Volatility Comparison
Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) has a higher volatility of 3.52% compared to Vanguard Total Bond Market ETF (BND) at 1.63%. This indicates that VLGIX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VLGIX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 1.63% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 2.52% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.39% | 4.30% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 6.00% | +8.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.74% | 5.52% | +8.22% |