VTC vs. VTWV
VTC (Vanguard Total Corporate Bond ETF) and VTWV (Vanguard Russell 2000 Value ETF) are both exchange-traded funds - VTC is a Corporate Bonds fund tracking the Bloomberg U.S. Corporate Bond Index, while VTWV is a Small Cap Value Equities fund tracking the Russell 2000 Value Index. Both are passively managed. Over the past 5 years, VTC returned -0.28%/yr vs 9.00%/yr for VTWV. Their 0.17 correlation means their historical movements had little consistent relationship. VTC charges 0.03%/yr vs 0.06%/yr for VTWV.
Performance
VTC vs. VTWV - Performance Comparison
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Returns By Period
In the year-to-date period, VTC achieves a -0.67% return, which is significantly lower than VTWV's 22.89% return.
VTC
- 1D
- -0.19%
- 1M
- -1.67%
- 6M
- -1.09%
- YTD
- -0.67%
- 1Y
- 1.74%
- 3Y*
- 4.80%
- 5Y*
- -0.28%
- 10Y*
- —
- ALL TIME*
- 2.24%
VTWV
- 1D
- -0.38%
- 1M
- -0.07%
- 6M
- 15.09%
- YTD
- 22.89%
- 1Y
- 43.58%
- 3Y*
- 16.02%
- 5Y*
- 9.00%
- 10Y*
- 10.42%
- ALL TIME*
- 10.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.41M | $5.24M | $7.07M | |
| $6.82M | $6.63M | $5.67M |
VTC vs. VTWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTC Vanguard Total Corporate Bond ETF | -0.67% | 7.58% | 2.15% | 8.58% | -15.68% | -1.41% | 9.30% | 14.60% | -2.55% | 0.85% |
VTWV Vanguard Russell 2000 Value ETF | 22.89% | 12.72% | 7.83% | 14.67% | -14.46% | 27.90% | 4.88% | 22.44% | -13.34% | 4.08% |
Correlation
The correlation between VTC and VTWV is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.17 |
Over the past year, VTC and VTWV have become more correlated (0.44) than their long-term average of 0.17, meaning their price movements have been converging.
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Return for Risk
VTC vs. VTWV — Risk / Return Rank
VTC
VTWV
VTC vs. VTWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Corporate Bond ETF (VTC) and Vanguard Russell 2000 Value ETF (VTWV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VTC | VTWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.40 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 4.73 | -3.84 |
| Martin ratioReturn relative to average drawdown | 2.48 | 17.24 | -14.77 |
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Drawdowns
VTC vs. VTWV - Drawdown Comparison
The maximum VTC drawdown since its inception was -22.05%, smaller than the maximum VTWV drawdown of -45.73%. Use the drawdown chart below to compare losses from any high point for VTC and VTWV.
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Drawdown Indicators
| VTC | VTWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.05% | -45.73% | +23.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -8.64% | +5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -5.25% | -26.72% | +21.47% |
Max Drawdown (5Y)Largest decline over 5 years | -22.05% | -26.72% | +4.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.73% | — |
Current DrawdownCurrent decline from peak | -2.24% | -1.38% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -7.74% | +1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.37% | -1.34% |
Volatility
VTC vs. VTWV - Volatility Comparison
The current volatility for Vanguard Total Corporate Bond ETF (VTC) is 1.11%, while Vanguard Russell 2000 Value ETF (VTWV) has a volatility of 3.31%. This indicates that VTC experiences smaller price fluctuations and is considered to be less risky than VTWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTC | VTWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 3.31% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 3.41% | 12.16% | -8.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 17.75% | -13.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.08% | 21.53% | -14.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 23.48% | -15.85% |
VTC vs. VTWV - Expense Ratio Comparison
VTC has a 0.03% expense ratio, which is lower than VTWV's 0.06% 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%.
Dividends
VTC vs. VTWV - Dividend Comparison
VTC's dividend yield for the trailing twelve months is around 5.02%, more than VTWV's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTC Vanguard Total Corporate Bond ETF | 4.59% | 4.76% | 4.50% | 3.80% | 3.13% | 2.36% | 2.69% | 3.34% | 3.53% | 0.55% | 0.00% | 0.00% |
VTWV Vanguard Russell 2000 Value ETF | 1.60% | 1.79% | 1.78% | 2.02% | 2.07% | 1.60% | 1.49% | 1.82% | 2.04% | 1.63% | 1.57% | 2.03% |
Frequently Asked Questions
VTC and VTWV have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTWV has higher volatility (3.31%) compared to VTC (1.11%). In terms of maximum drawdown, VTC dropped -22.05% vs VTWV's -45.73%.
On 5-year performance, VTWV leads with 9.00% vs -0.28% for VTC. On fees, VTC is cheaper at 0.03% per year. On volatility, VTC has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VTWV has performed better with a 9.00% return vs -0.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTC is cheaper with a 0.03% expense ratio, compared with 0.06% for VTWV.
VTC has the higher dividend yield at 4.59%, compared with 1.60% for VTWV.
VTC is categorized as Corporate Bonds, while VTWV is Small Cap Value Equities. VTC tracks Bloomberg U.S. Corporate Bond Index, while VTWV tracks Russell 2000 Value Index. Their fees differ too: 0.03% for VTC and 0.06% for VTWV.
VTWV currently has the higher Sharpe Ratio (2.31 vs 0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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