VTWV vs. VTC
VTWV (Vanguard Russell 2000 Value ETF) and VTC (Vanguard Total Corporate Bond ETF) are both exchange-traded funds - VTWV is a Small Cap Value Equities fund tracking the Russell 2000 Value Index, while VTC is a Corporate Bonds fund tracking the Bloomberg Barclays U.S. Corporate Bond Index. Both are passively managed. Over the past 5 years, VTWV returned 6.95%/yr vs 0.66%/yr for VTC. At a 0.16 correlation, their price movements are largely independent. VTWV charges 0.10%/yr vs 0.04%/yr for VTC.
Performance
VTWV vs. VTC - Performance Comparison
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Returns By Period
In the year-to-date period, VTWV achieves a 18.89% return, which is significantly higher than VTC's 0.82% return.
VTWV
- 1D
- 0.95%
- 1M
- 3.21%
- YTD
- 18.89%
- 6M
- 20.33%
- 1Y
- 45.38%
- 3Y*
- 18.37%
- 5Y*
- 6.95%
- 10Y*
- 10.45%
VTC
- 1D
- 0.07%
- 1M
- 0.51%
- YTD
- 0.82%
- 6M
- 0.76%
- 1Y
- 6.31%
- 3Y*
- 5.30%
- 5Y*
- 0.66%
- 10Y*
- —
VTWV vs. VTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTWV Vanguard Russell 2000 Value ETF | 18.89% | 12.72% | 7.83% | 14.67% | -14.46% | 27.90% | 4.88% | 22.44% | -13.34% | 4.43% |
VTC Vanguard Total Corporate Bond ETF | 0.82% | 7.58% | 2.15% | 8.58% | -15.68% | -1.41% | 9.30% | 14.60% | -2.55% | 0.84% |
Correlation
The correlation between VTWV and VTC is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017 | 0.16 |
Over the past year, VTWV and VTC have become more correlated (0.39) than their long-term average of 0.16, meaning their price movements have been converging.
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Return for Risk
VTWV vs. VTC — Risk / Return Rank
VTWV
VTC
VTWV vs. VTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 2000 Value ETF (VTWV) and Vanguard Total Corporate Bond ETF (VTC). 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.
| VTWV | VTC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.52 | 1.45 | +1.06 |
Sortino ratioReturn per unit of downside risk | 3.50 | 2.13 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.26 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 5.22 | 2.11 | +3.11 |
Martin ratioReturn relative to average drawdown | 17.85 | 6.72 | +11.13 |
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
| VTWV | VTC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.52 | 1.45 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.09 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.32 | +0.17 |
Drawdowns
VTWV vs. VTC - Drawdown Comparison
The maximum VTWV drawdown since its inception was -45.73%, which is greater than VTC's maximum drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for VTWV and VTC.
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Drawdown Indicators
| VTWV | VTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.73% | -22.05% | -23.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -2.88% | -5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -6.46% | -20.26% |
Max Drawdown (5Y)Largest decline over 5 years | -26.72% | -22.05% | -4.67% |
Max Drawdown (10Y)Largest decline over 10 years | -45.73% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -0.77% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -5.85% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 0.90% | +1.63% |
Volatility
VTWV vs. VTC - Volatility Comparison
Vanguard Russell 2000 Value ETF (VTWV) has a higher volatility of 4.98% compared to Vanguard Total Corporate Bond ETF (VTC) at 1.45%. This indicates that VTWV's price experiences larger fluctuations and is considered to be riskier than VTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTWV | VTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 1.45% | +3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.10% | 3.24% | +8.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 4.37% | +13.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.71% | 7.08% | +14.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.54% | 7.69% | +15.85% |
VTWV vs. VTC - Expense Ratio Comparison
VTWV has a 0.10% expense ratio, which is higher than VTC'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%.
Dividends
VTWV vs. VTC - Dividend Comparison
VTWV's dividend yield for the trailing twelve months is around 1.56%, less than VTC's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTC Vanguard Total Corporate Bond ETF | 4.92% | 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 | 1.56% | 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
VTWV and VTC have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTWV has higher volatility (4.98%) compared to VTC (1.45%). In terms of maximum drawdown, VTWV dropped -45.73% vs VTC's -22.05%.
On 5-year performance, VTWV leads with 6.95% vs 0.66% for VTC. On fees, VTC is cheaper at 0.04% per year. On volatility, VTC has been the lower-risk option at 1.45%. 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 6.95% return vs 0.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTC is cheaper with a 0.04% expense ratio, compared with 0.10% for VTWV.
VTC has the higher dividend yield at 4.92%, compared with 1.56% for VTWV.
VTWV is categorized as Small Cap Value Equities, while VTC is Corporate Bonds. VTWV tracks Russell 2000 Value Index, while VTC tracks Bloomberg Barclays U.S. Corporate Bond Index. Their fees differ too: 0.10% for VTWV and 0.04% for VTC.
VTWV currently has the higher Sharpe Ratio (2.52 vs 1.45), 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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