

Vanguard Intermediate-Term Corporate Bond ETF
$79.09−0.86 (−1.07%)
- Expense ratio
- 0.03%
- Fund size
- $72.2B
- 1Y return
- −0.3%
- Yield · Last 12 months
- 4.97%
- Volume · 30D
- 9M sh
- NAV per share
- $79.91
- 52W range
The ETF.net VCIT Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 63Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 78Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 92Category rank
Our read on VCIT
AVanguard's corporate-bond workhorse: a broad basket of investment-grade company debt at three basis points, undercutting every other top-graded fund in its peer group. Running since 2009, paying monthly.
The Fund seeks to track a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity.
Why people hold it
- Charges 0.03% a year, roughly a sixth of the category's typical fee and a notch below the 0.04% carried by peers USIG, SPIB, IGIB and IGSB.
- Hugs its market-weighted corporate bond index closely, with index-matching among the tightest in its peer group. You get the market, not a manager's hunches.
- A multi-billion-dollar fund and one of the most actively traded in investment-grade corporate credit, which keeps spreads tight and large orders drama-free.
- Pays monthly, and the coupons come from pure corporate credit rather than a blend watered down with government paper.
Worth knowing
- Intermediate maturities mean real rate sensitivity: when yields rise, share prices fall, and there is no maturity date to sit and wait for.
- All corporate borrowers, so downgrades and defaults are part of the deal in a way they are not for a Treasury fund.
- Market weighting sizes positions by debt outstanding, so the companies that borrow the most get the biggest slots.
VCIT Holdings
- Bonds
- —
- 3%
- Amazon.com Inc 4.88% 03/13/2036
Geography
- United States87.10%
- United Kingdom3.54%
- Canada2.82%
- Japan2.11%
- Ireland0.81%
- Spain0.75%
- Netherlands0.61%
- Luxembourg0.59%
- 1.67%
VCIT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VCIT |
|---|---|
| Year to date | −1.4% |
| 1 month | −0.9% |
| 3 months | −1.6% |
| 1 year | −0.3% |
| 3 years | +6.1% |
| 5 years | +0.5% |
| 10 years | +2.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VCIT |
|---|---|---|
| 2026 YTD | −1.4% | |
| 2025 | +9.3% | |
| 2024 | +3.2% | |
| 2023 | +9.0% | |
| 2022 | −14.0% | |
| 2021 | −1.8% | |
| 2020 | +9.5% |
VCIT in the news
VCIT Dividends
- 4.97%
- $3.98
- $0.34 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.34 |
| Aug 3, 2026 | Aug 5, 2026 | $0.34 |
| Jul 1, 2026 | Jul 6, 2026 | $0.33 |
| Jun 1, 2026 | Jun 3, 2026 | $0.34 |
| May 1, 2026 | May 5, 2026 | $0.33 |
| Apr 1, 2026 | Apr 6, 2026 | $0.34 |
| Mar 2, 2026 | Mar 4, 2026 | $0.30 |
| Feb 2, 2026 | Feb 4, 2026 | $0.33 |
| Dec 18, 2025 | Dec 22, 2025 | $0.34 |
| Dec 1, 2025 | Dec 3, 2025 | $0.32 |
| Nov 3, 2025 | Nov 5, 2025 | $0.33 |
| Oct 1, 2025 | Oct 3, 2025 | $0.33 |
VCIT Risk
- 6.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VCIT Cost
- The middle half of Investment Grade Corporate (5-10 Year) funds
- Median 0.19%
No Investment Grade Corporate (5-10 Year) fund charges less.
