VVIAX vs. VBTLX
Compare and contrast key facts about Vanguard Value Index Fund Admiral Shares (VVIAX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
VVIAX is managed by Vanguard. It was launched on Nov 13, 2000. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Performance
VVIAX vs. VBTLX - Performance Comparison
Loading graphics...
VVIAX vs. VBTLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VVIAX Vanguard Value Index Fund Admiral Shares | 3.30% | 15.27% | 16.00% | 9.22% | -2.07% | 26.51% | 2.29% | 25.81% | -5.45% | 17.13% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | -0.28% | 7.17% | 1.26% | 5.74% | -13.16% | -1.81% | 7.72% | 8.73% | -0.25% | 3.56% |
Returns By Period
In the year-to-date period, VVIAX achieves a 3.30% return, which is significantly higher than VBTLX's -0.28% return. Over the past 10 years, VVIAX has outperformed VBTLX with an annualized return of 11.79%, while VBTLX has yielded a comparatively lower 1.62% annualized return.
VVIAX
- 1D
- 1.65%
- 1M
- -4.61%
- YTD
- 3.30%
- 6M
- 6.13%
- 1Y
- 16.29%
- 3Y*
- 15.07%
- 5Y*
- 10.84%
- 10Y*
- 11.79%
VBTLX
- 1D
- 0.21%
- 1M
- -1.63%
- YTD
- -0.28%
- 6M
- 0.40%
- 1Y
- 3.66%
- 3Y*
- 3.51%
- 5Y*
- 0.19%
- 10Y*
- 1.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VVIAX vs. VBTLX - Expense Ratio Comparison
Both VVIAX and VBTLX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
VVIAX vs. VBTLX — Risk / Return Rank
VVIAX
VBTLX
VVIAX vs. VBTLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Value Index Fund Admiral Shares (VVIAX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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.
| VVIAX | VBTLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 0.92 | +0.16 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.33 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.16 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.66 | -0.13 |
Martin ratioReturn relative to average drawdown | 6.89 | 4.70 | +2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VVIAX | VBTLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 0.92 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.03 | +0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.33 | +0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.76 | -0.36 |
Correlation
The correlation between VVIAX and VBTLX is -0.20. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
VVIAX vs. VBTLX - Dividend Comparison
VVIAX's dividend yield for the trailing twelve months is around 2.01%, less than VBTLX's 3.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VVIAX Vanguard Value Index Fund Admiral Shares | 2.01% | 2.04% | 2.30% | 2.45% | 2.51% | 2.14% | 2.55% | 2.49% | 2.72% | 2.29% | 2.45% | 2.60% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.61% | 3.87% | 3.69% | 3.10% | 2.59% | 1.96% | 2.39% | 2.74% | 2.57% | 2.56% | 2.53% | 2.82% |
Drawdowns
VVIAX vs. VBTLX - Drawdown Comparison
The maximum VVIAX drawdown since its inception was -59.32%, which is greater than VBTLX's maximum drawdown of -18.81%. Use the drawdown chart below to compare losses from any high point for VVIAX and VBTLX.
Loading graphics...
Drawdown Indicators
| VVIAX | VBTLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.32% | -18.81% | -40.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.28% | -2.73% | -8.55% |
Max Drawdown (5Y)Largest decline over 5 years | -17.14% | -18.14% | +1.00% |
Max Drawdown (10Y)Largest decline over 10 years | -36.80% | -18.81% | -17.99% |
Current DrawdownCurrent decline from peak | -4.82% | -2.86% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -9.67% | -2.67% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 0.97% | +1.53% |
Volatility
VVIAX vs. VBTLX - Volatility Comparison
Vanguard Value Index Fund Admiral Shares (VVIAX) has a higher volatility of 3.80% compared to Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) at 1.55%. This indicates that VVIAX's price experiences larger fluctuations and is considered to be riskier than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VVIAX | VBTLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 1.55% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 2.59% | +5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.88% | 4.36% | +10.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 5.98% | +7.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.74% | 4.97% | +11.77% |