VTIPX vs. VGLT
Compare and contrast key facts about Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) and Vanguard Long-Term Treasury ETF (VGLT).
VTIPX is managed by Vanguard. It was launched on Oct 16, 2012. VGLT is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Long Treasury Index. It was launched on Nov 19, 2009.
Performance
VTIPX vs. VGLT - Performance Comparison
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VTIPX vs. VGLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 0.93% | 5.96% | 4.65% | 4.51% | -2.93% | 5.21% | 4.85% | 4.74% | 0.49% | 0.72% |
VGLT Vanguard Long-Term Treasury ETF | -0.09% | 5.35% | -6.28% | 3.27% | -29.34% | -4.98% | 17.57% | 14.30% | -1.54% | 8.64% |
Returns By Period
In the year-to-date period, VTIPX achieves a 0.93% return, which is significantly higher than VGLT's -0.09% return. Over the past 10 years, VTIPX has outperformed VGLT with an annualized return of 2.97%, while VGLT has yielded a comparatively lower -0.86% annualized return.
VTIPX
- 1D
- 0.28%
- 1M
- 0.04%
- YTD
- 0.93%
- 6M
- 1.25%
- 1Y
- 3.76%
- 3Y*
- 4.58%
- 5Y*
- 3.40%
- 10Y*
- 2.97%
VGLT
- 1D
- -0.03%
- 1M
- -3.99%
- YTD
- -0.09%
- 6M
- -0.50%
- 1Y
- 0.42%
- 3Y*
- -1.57%
- 5Y*
- -4.88%
- 10Y*
- -0.86%
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VTIPX vs. VGLT - Expense Ratio Comparison
VTIPX has a 0.14% expense ratio, which is higher than VGLT'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
VTIPX vs. VGLT — Risk / Return Rank
VTIPX
VGLT
VTIPX vs. VGLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) 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.
| VTIPX | VGLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.19 | 0.04 | +2.15 |
Sortino ratioReturn per unit of downside risk | 3.29 | 0.12 | +3.17 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.02 | +0.45 |
Calmar ratioReturn relative to maximum drawdown | 4.39 | 0.14 | +4.25 |
Martin ratioReturn relative to average drawdown | 14.13 | 0.31 | +13.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VTIPX | VGLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 0.04 | +2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.28 | -0.34 | +1.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.34 | -0.06 | +1.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 0.19 | +0.82 |
Correlation
The correlation between VTIPX and VGLT is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VTIPX vs. VGLT - Dividend Comparison
VTIPX's dividend yield for the trailing twelve months is around 3.50%, less than VGLT's 4.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares | 3.50% | 3.70% | 2.60% | 2.76% | 6.74% | 4.59% | 1.11% | 1.88% | 2.37% | 1.50% | 0.55% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 4.49% | 4.44% | 4.33% | 3.33% | 2.84% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% |
Drawdowns
VTIPX vs. VGLT - Drawdown Comparison
The maximum VTIPX drawdown since its inception was -5.36%, smaller than the maximum VGLT drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for VTIPX and VGLT.
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Drawdown Indicators
| VTIPX | VGLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.36% | -46.18% | +40.82% |
Max Drawdown (1Y)Largest decline over 1 year | -0.95% | -8.48% | +7.53% |
Max Drawdown (5Y)Largest decline over 5 years | -5.36% | -40.98% | +35.62% |
Max Drawdown (10Y)Largest decline over 10 years | -5.36% | -46.18% | +40.82% |
Current DrawdownCurrent decline from peak | -0.32% | -36.63% | +36.31% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -14.83% | +13.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | 3.85% | -3.55% |
Volatility
VTIPX vs. VGLT - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX) is 0.62%, while Vanguard Long-Term Treasury ETF (VGLT) has a volatility of 3.45%. This indicates that VTIPX 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.
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Volatility by Period
| VTIPX | VGLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 3.45% | -2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 0.96% | 6.00% | -5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.81% | 10.35% | -8.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.66% | 14.60% | -11.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.22% | 13.84% | -11.62% |