VWETX vs. BLV
Compare and contrast key facts about Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) and Vanguard Long-Term Bond ETF (BLV).
VWETX is managed by Vanguard. It was launched on Feb 12, 2001. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VWETX or BLV.
Correlation
The correlation between VWETX and BLV is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VWETX vs. BLV - Performance Comparison
Key characteristics
VWETX:
0.33
BLV:
0.25
VWETX:
0.53
BLV:
0.43
VWETX:
1.06
BLV:
1.05
VWETX:
0.11
BLV:
0.09
VWETX:
0.77
BLV:
0.55
VWETX:
4.32%
BLV:
5.02%
VWETX:
10.08%
BLV:
11.04%
VWETX:
-38.99%
BLV:
-38.29%
VWETX:
-26.52%
BLV:
-27.46%
Returns By Period
In the year-to-date period, VWETX achieves a 1.89% return, which is significantly lower than BLV's 2.46% return. Over the past 10 years, VWETX has underperformed BLV with an annualized return of 0.55%, while BLV has yielded a comparatively higher 0.93% annualized return.
VWETX
1.89%
1.89%
-3.69%
3.31%
-4.18%
0.55%
BLV
2.46%
2.25%
-4.63%
2.93%
-4.12%
0.93%
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VWETX vs. BLV - Expense Ratio Comparison
VWETX has a 0.12% expense ratio, which is higher than BLV'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%.
Risk-Adjusted Performance
VWETX vs. BLV — Risk-Adjusted Performance Rank
VWETX
BLV
VWETX vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) and Vanguard Long-Term Bond ETF (BLV). 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.
Dividends
VWETX vs. BLV - Dividend Comparison
VWETX's dividend yield for the trailing twelve months is around 5.03%, more than BLV's 4.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWETX Vanguard Long-Term Investment-Grade Fund Admiral Shares | 5.03% | 5.10% | 4.66% | 4.54% | 3.23% | 3.27% | 3.75% | 4.43% | 4.08% | 4.46% | 4.61% | 4.46% |
BLV Vanguard Long-Term Bond ETF | 4.58% | 4.68% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
Drawdowns
VWETX vs. BLV - Drawdown Comparison
The maximum VWETX drawdown since its inception was -38.99%, roughly equal to the maximum BLV drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for VWETX and BLV. For additional features, visit the drawdowns tool.
Volatility
VWETX vs. BLV - Volatility Comparison
The current volatility for Vanguard Long-Term Investment-Grade Fund Admiral Shares (VWETX) is 2.81%, while Vanguard Long-Term Bond ETF (BLV) has a volatility of 3.09%. This indicates that VWETX experiences smaller price fluctuations and is considered to be less risky than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.