VLTCX vs. BOND
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) and PIMCO Active Bond ETF (BOND).
VLTCX is managed by Vanguard. It was launched on Jan 19, 2010. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Performance
VLTCX vs. BOND - Performance Comparison
Loading graphics...
VLTCX vs. BOND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLTCX Vanguard Long-Term Corporate Bond Index Fund Admiral Shares | -1.46% | 7.27% | -1.47% | 11.05% | -25.77% | -1.16% | 13.68% | 23.19% | -6.85% | 12.40% |
BOND PIMCO Active Bond ETF | -0.02% | 8.39% | 2.77% | 6.48% | -14.57% | -0.77% | 7.80% | 8.54% | 0.08% | 4.76% |
Returns By Period
In the year-to-date period, VLTCX achieves a -1.46% return, which is significantly lower than BOND's -0.02% return. Over the past 10 years, VLTCX has outperformed BOND with an annualized return of 2.52%, while BOND has yielded a comparatively lower 2.24% annualized return.
VLTCX
- 1D
- 1.01%
- 1M
- -3.70%
- YTD
- -1.46%
- 6M
- -1.93%
- 1Y
- 3.19%
- 3Y*
- 3.01%
- 5Y*
- -1.45%
- 10Y*
- 2.52%
BOND
- 1D
- 0.25%
- 1M
- -2.06%
- YTD
- -0.02%
- 6M
- 1.43%
- 1Y
- 5.07%
- 3Y*
- 4.76%
- 5Y*
- 0.62%
- 10Y*
- 2.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VLTCX vs. BOND - Expense Ratio Comparison
VLTCX has a 0.07% expense ratio, which is lower than BOND's 0.54% expense ratio.
Return for Risk
VLTCX vs. BOND — Risk / Return Rank
VLTCX
BOND
VLTCX vs. BOND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) and PIMCO Active Bond ETF (BOND). 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.
| VLTCX | BOND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.41 | 1.08 | -0.67 |
Sortino ratioReturn per unit of downside risk | 0.61 | 1.51 | -0.90 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.20 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.58 | -0.73 |
Martin ratioReturn relative to average drawdown | 1.99 | 4.65 | -2.66 |
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
| VLTCX | BOND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 1.08 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 0.11 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.44 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.63 | -0.19 |
Correlation
The correlation between VLTCX and BOND is 0.79, 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
VLTCX vs. BOND - Dividend Comparison
VLTCX's dividend yield for the trailing twelve months is around 5.16%, which matches BOND's 5.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLTCX Vanguard Long-Term Corporate Bond Index Fund Admiral Shares | 5.16% | 5.48% | 5.58% | 4.65% | 4.41% | 3.03% | 3.15% | 3.82% | 4.56% | 4.01% | 4.37% | 4.71% |
BOND PIMCO Active Bond ETF | 5.18% | 5.11% | 5.02% | 4.06% | 3.44% | 2.58% | 2.66% | 3.38% | 3.18% | 2.87% | 2.85% | 4.14% |
Drawdowns
VLTCX vs. BOND - Drawdown Comparison
The maximum VLTCX drawdown since its inception was -34.56%, which is greater than BOND's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for VLTCX and BOND.
Loading graphics...
Drawdown Indicators
| VLTCX | BOND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.56% | -19.71% | -14.85% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -3.29% | -2.00% |
Max Drawdown (5Y)Largest decline over 5 years | -34.56% | -19.71% | -14.85% |
Max Drawdown (10Y)Largest decline over 10 years | -34.56% | -19.71% | -14.85% |
Current DrawdownCurrent decline from peak | -16.08% | -2.06% | -14.02% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -3.53% | -4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 1.12% | +1.14% |
Volatility
VLTCX vs. BOND - Volatility Comparison
Vanguard Long-Term Corporate Bond Index Fund Admiral Shares (VLTCX) has a higher volatility of 3.47% compared to PIMCO Active Bond ETF (BOND) at 1.82%. This indicates that VLTCX's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VLTCX | BOND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 1.82% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 5.29% | 2.70% | +2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.94% | 4.72% | +4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.87% | 5.73% | +6.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.59% | 5.07% | +5.52% |