VTTHX vs. VWETX
VTTHX (Vanguard Target Retirement 2035 Fund) and VWETX (Vanguard Long-Term Investment-Grade Fund Admiral Shares) are both mutual funds - VTTHX is a Target Retirement Date fund managed by Vanguard, while VWETX is a Total Bond Market fund managed by Vanguard. Over the past 10 years, VTTHX returned 9.30%/yr vs 0.91%/yr for VWETX. Their -0.10 correlation means they have often moved in opposite directions in the past. VTTHX charges 0.08%/yr vs 0.12%/yr for VWETX.
Performance
VTTHX vs. VWETX - Performance Comparison
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Returns By Period
In the year-to-date period, VTTHX achieves a 7.38% return, which is significantly higher than VWETX's -2.85% return. Over the past 10 years, VTTHX has outperformed VWETX with an annualized return of 9.30%, while VWETX has yielded a comparatively lower 0.91% annualized return.
VTTHX
- 1D
- 1.41%
- 1M
- -0.54%
- 6M
- 4.96%
- YTD
- 7.38%
- 1Y
- 16.37%
- 3Y*
- 13.45%
- 5Y*
- 7.23%
- 10Y*
- 9.30%
- ALL TIME*
- 7.97%
VWETX
- 1D
- 0.00%
- 1M
- -3.58%
- 6M
- -3.14%
- YTD
- -2.85%
- 1Y
- -0.27%
- 3Y*
- 1.88%
- 5Y*
- -4.04%
- 10Y*
- 0.91%
- ALL TIME*
- 4.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VTTHX vs. VWETX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTTHX Vanguard Target Retirement 2035 Fund | 7.38% | 17.55% | 11.56% | 17.37% | -16.64% | 12.96% | 14.80% | 22.44% | -6.57% | 16.81% |
VWETX Vanguard Long-Term Investment-Grade Fund Admiral Shares | -2.85% | 7.31% | -2.70% | 8.92% | -25.54% | -2.79% | 15.50% | 20.56% | -6.17% | 12.08% |
Correlation
The correlation between VTTHX and VWETX is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2003 | -0.10 |
The correlation between VTTHX and VWETX shifts across timeframes, from -0.10 (all time) to 0.46 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VTTHX vs. VWETX — Risk / Return Rank
VTTHX
VWETX
VTTHX vs. VWETX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2035 Fund (VTTHX) and Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX). 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.
| VTTHX | VWETX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.03 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 0.21 | +1.93 |
| Martin ratioReturn relative to average drawdown | 8.86 | 0.48 | +8.39 |
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Drawdowns
VTTHX vs. VWETX - Drawdown Comparison
The maximum VTTHX drawdown since its inception was -51.76%, which is greater than VWETX's maximum drawdown of -36.04%. Use the drawdown chart below to compare losses from any high point for VTTHX and VWETX.
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Drawdown Indicators
| VTTHX | VWETX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.76% | -36.04% | -15.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -5.27% | -1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -10.87% | -10.71% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | -34.42% | +10.89% |
Max Drawdown (10Y)Largest decline over 10 years | -27.15% | -36.04% | +8.89% |
Current DrawdownCurrent decline from peak | -1.61% | -21.54% | +19.93% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -7.28% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 2.28% | -0.55% |
Volatility
VTTHX vs. VWETX - Volatility Comparison
Vanguard Target Retirement 2035 Fund (VTTHX) has a higher volatility of 2.94% compared to Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) at 1.87%. This indicates that VTTHX's price experiences larger fluctuations and is considered to be riskier than VWETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTTHX | VWETX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 1.87% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.25% | 5.75% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.80% | 7.50% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.50% | 12.03% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.41% | 10.83% | +1.58% |
VTTHX vs. VWETX - Expense Ratio Comparison
VTTHX has a 0.08% expense ratio, which is lower than VWETX's 0.12% 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
VTTHX vs. VWETX - Dividend Comparison
VTTHX's dividend yield for the trailing twelve months is around 2.75%, less than VWETX's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTTHX Vanguard Target Retirement 2035 Fund | 2.75% | 2.96% | 3.12% | 2.47% | 2.71% | 19.52% | 2.50% | 2.33% | 2.69% | 0.16% | 2.77% | 4.67% |
VWETX Vanguard Long-Term Investment-Grade Fund Admiral Shares | 4.95% | 5.06% | 5.10% | 4.26% | 4.54% | 4.86% | 6.99% | 5.11% | 4.40% | 5.60% | 6.25% | 7.49% |
Frequently Asked Questions
VTTHX and VWETX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTTHX has higher volatility (2.94%) compared to VWETX (1.87%). In terms of maximum drawdown, VTTHX dropped -51.76% vs VWETX's -36.04%.
VTTHX currently has the higher Sharpe Ratio (1.57 vs 0.15), 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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