VLGIX vs. VLCAX
Compare and contrast key facts about Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) and Vanguard Large-Cap Index Fund Admiral Shares (VLCAX).
VLGIX is managed by Vanguard. It was launched on Jul 30, 2010. VLCAX is managed by Vanguard. It was launched on Feb 2, 2004.
Performance
VLGIX vs. VLCAX - Performance Comparison
Loading graphics...
VLGIX vs. VLCAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLGIX Vanguard Long-Term Treasury Index Fund Institutional Shares | -0.26% | 5.46% | -6.11% | 3.67% | -29.45% | -5.06% | 17.72% | 14.31% | -1.59% | 8.64% |
VLCAX Vanguard Large-Cap Index Fund Admiral Shares | -7.50% | 18.09% | 25.10% | 27.26% | -19.69% | 27.02% | 21.03% | 31.39% | -4.49% | 22.02% |
Returns By Period
In the year-to-date period, VLGIX achieves a -0.26% return, which is significantly higher than VLCAX's -7.50% return. Over the past 10 years, VLGIX has underperformed VLCAX with an annualized return of -0.82%, while VLCAX has yielded a comparatively higher 13.70% annualized return.
VLGIX
- 1D
- 1.24%
- 1M
- -3.94%
- YTD
- -0.26%
- 6M
- -0.44%
- 1Y
- 0.42%
- 3Y*
- -1.41%
- 5Y*
- -4.55%
- 10Y*
- -0.82%
VLCAX
- 1D
- -0.38%
- 1M
- -7.67%
- YTD
- -7.50%
- 6M
- -5.21%
- 1Y
- 14.27%
- 3Y*
- 17.31%
- 5Y*
- 10.92%
- 10Y*
- 13.70%
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. VLCAX - Expense Ratio Comparison
Both VLGIX and VLCAX 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%.
Return for Risk
VLGIX vs. VLCAX — Risk / Return Rank
VLGIX
VLCAX
VLGIX vs. VLCAX - 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 Large-Cap Index Fund Admiral Shares (VLCAX). 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 | VLCAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.12 | 0.82 | -0.70 |
Sortino ratioReturn per unit of downside risk | 0.23 | 1.28 | -1.04 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.19 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.31 | 1.04 | -0.73 |
Martin ratioReturn relative to average drawdown | 0.67 | 4.94 | -4.27 |
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 | VLCAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 0.82 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.64 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.76 | -0.82 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.54 | -0.35 |
Correlation
The correlation between VLGIX and VLCAX is -0.25. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
VLGIX vs. VLCAX - Dividend Comparison
VLGIX's dividend yield for the trailing twelve months is around 4.10%, more than VLCAX's 1.16% 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% |
VLCAX Vanguard Large-Cap Index Fund Admiral Shares | 1.16% | 1.08% | 1.23% | 1.40% | 1.66% | 1.18% | 1.45% | 1.80% | 2.08% | 1.75% | 1.98% | 1.96% |
Drawdowns
VLGIX vs. VLCAX - Drawdown Comparison
The maximum VLGIX drawdown since its inception was -46.23%, smaller than the maximum VLCAX drawdown of -54.76%. Use the drawdown chart below to compare losses from any high point for VLGIX and VLCAX.
Loading graphics...
Drawdown Indicators
| VLGIX | VLCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.23% | -54.76% | +8.53% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -12.17% | +3.67% |
Max Drawdown (5Y)Largest decline over 5 years | -41.00% | -25.65% | -15.35% |
Max Drawdown (10Y)Largest decline over 10 years | -46.23% | -33.97% | -12.26% |
Current DrawdownCurrent decline from peak | -36.43% | -9.19% | -27.24% |
Average DrawdownAverage peak-to-trough decline | -14.80% | -6.90% | -7.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 2.55% | +1.30% |
Volatility
VLGIX vs. VLCAX - Volatility Comparison
The current volatility for Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) is 3.58%, while Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) has a volatility of 4.23%. This indicates that VLGIX experiences smaller price fluctuations and is considered to be less risky than VLCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VLGIX | VLCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 4.23% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.07% | 9.13% | -3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.41% | 18.23% | -7.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 17.12% | -2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.74% | 18.16% | -4.42% |