VMBSX vs. VGLT
Compare and contrast key facts about Vanguard Mortgage-Backed Securities Index Fund Admiral Shares (VMBSX) and Vanguard Long-Term Treasury ETF (VGLT).
VMBSX is managed by Vanguard. It was launched on Dec 3, 2009. VGLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMBSX or VGLT.
Correlation
The correlation between VMBSX and VGLT is 0.73, 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
VMBSX vs. VGLT - Performance Comparison
Key characteristics
VMBSX:
0.97
VGLT:
0.13
VMBSX:
1.41
VGLT:
0.27
VMBSX:
1.17
VGLT:
1.03
VMBSX:
0.45
VGLT:
0.04
VMBSX:
2.55
VGLT:
0.27
VMBSX:
2.14%
VGLT:
6.14%
VMBSX:
5.58%
VGLT:
12.50%
VMBSX:
-17.47%
VGLT:
-46.18%
VMBSX:
-5.68%
VGLT:
-38.11%
Returns By Period
In the year-to-date period, VMBSX achieves a 1.73% return, which is significantly lower than VGLT's 2.79% return. Over the past 10 years, VMBSX has outperformed VGLT with an annualized return of 0.87%, while VGLT has yielded a comparatively lower -0.66% annualized return.
VMBSX
1.73%
1.62%
-0.55%
5.97%
-0.62%
0.87%
VGLT
2.79%
2.77%
-5.92%
1.94%
-6.37%
-0.66%
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VMBSX vs. VGLT - Expense Ratio Comparison
VMBSX has a 0.07% expense ratio, which is higher than VGLT's 0.04% 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%.
Risk-Adjusted Performance
VMBSX vs. VGLT — Risk-Adjusted Performance Rank
VMBSX
VGLT
VMBSX vs. VGLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mortgage-Backed Securities Index Fund Admiral Shares (VMBSX) and Vanguard Long-Term Treasury ETF (VGLT). 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
VMBSX vs. VGLT - Dividend Comparison
VMBSX's dividend yield for the trailing twelve months is around 3.91%, less than VGLT's 4.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMBSX Vanguard Mortgage-Backed Securities Index Fund Admiral Shares | 3.91% | 3.93% | 3.29% | 2.32% | 0.99% | 1.80% | 2.75% | 2.73% | 2.16% | 1.80% | 1.56% | 1.59% |
VGLT Vanguard Long-Term Treasury ETF | 4.26% | 4.33% | 3.33% | 2.83% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% |
Drawdowns
VMBSX vs. VGLT - Drawdown Comparison
The maximum VMBSX drawdown since its inception was -17.47%, smaller than the maximum VGLT drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for VMBSX and VGLT. For additional features, visit the drawdowns tool.
Volatility
VMBSX vs. VGLT - Volatility Comparison
The current volatility for Vanguard Mortgage-Backed Securities Index Fund Admiral Shares (VMBSX) is 1.33%, while Vanguard Long-Term Treasury ETF (VGLT) has a volatility of 3.56%. This indicates that VMBSX experiences smaller price fluctuations and is considered to be less risky than VGLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.