Vanguard Long-Term Corporate Bond ETF
$68.89+0.02 (+0.03%)
- 0.03%
- $9.8B
- −6.2%
- 6.00%
- 5M sh
- $68.78
- low $67.56high $79.28
The ETF.net VCLT Grade
A
Score 75 out of 100
- 2 of 7
Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A80 out of 100Rank 1 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 3 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 2 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 2 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 1 of 7
Our read on VCLT
AThe long end of investment-grade credit, held plain. VCLT tracks an index of corporate bonds with 10+ years left to run, costs three cents per $100 a year, and pays monthly. Maximum rate sensitivity, minimum toll.
VCLT seeks to follow a market-weighted corporate bond index with long-term average maturity. It uses passive index sampling, maintains maturity consistent with the index, and normally invests at least 80% of assets in index bonds.
Why people hold it
- 0.03% a year against a 0.19% median for investment-grade corporate bond funds. On a position held for years, that gap is real money.
- The pure long lane: the Bloomberg U.S. 10+ Year Corporate Bond Index, while cohort leaders like VCIT, IGIB and IGSB sit short or intermediate.
- A multi-billion-dollar fund that trades actively, so entering and exiting rarely means fighting the spread.
- Boringly mechanical, which is the point: index sampling, at least 80% of assets in index bonds, monthly distributions, running since 2009.
Worth knowing
- Long maturities swing hard when rates move. This is one of the most rate-sensitive corners of investment-grade credit.
- Corporate credit only, roughly 300 bonds. No Treasuries and no short-maturity ballast to cushion a rough stretch.
- Sampling means it holds a representative slice of the index rather than every bond in it.
VCLT Holdings
- Bonds
- 2,861
- 3%
- Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/2046
Geography
- United States91.22%
- United Kingdom2.23%
- Canada2.10%
- Belgium1.06%
- Japan0.61%
- Australia0.54%
- Mexico0.45%
- France0.36%
- 1.43%
VCLT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VCLT$9,383
Returns run to the Oct 12, 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 | VCLT |
|---|---|
| Year to date | −5.3% |
| 1 month | −2.0% |
| 3 months | −4.9% |
| 1 year | −6.2% |
| 3 years | +4.8% |
| 5 years | −3.6% |
| 10 years | +1.2% |
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 | VCLT |
|---|---|---|
| 2026 YTD | −5.3% | |
| 2025 | +7.2% | |
| 2024 | −1.9% | |
| 2023 | +11.2% | |
| 2022 | −25.8% | |
| 2021 | −1.7% | |
| 2020 | +13.3% |
VCLT in the news
VCLT Dividends
- 6.00%
- $4.13
- $0.35 per share
- Monthly
Distribution history
VCLT Risk
- 11.6%
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.
- −0.0009
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.
- −34.4%
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.
- 1.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VCLT Cost
0.03%
VCLT0.03%
- The middle half of Investment Grade Corporate (10+ Year) funds
- Median 0.15%
No Investment Grade Corporate (10+ Year) fund charges less.
Other funds in Investment Grade Corporate (10+ Year)
- AIGLBiShares 10+ Year Investment Grade Corporate Bond ETFExpense ratio 0.04%1 year return −6.1%
- ASPLBState Street SPDR Portfolio Long Term Corporate Bond ETFExpense ratio 0.04%1 year return −6.4%
- BZTENF/M 10-Year Investment Grade Corporate Bond EtfExpense ratio 0.15%1 year return −2.7%
- BLKORNorthern Trust Credit-Scored US Long Corporate Bond ETFExpense ratio 0.16%1 year return −6.7%
- CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFExpense ratio 0.19%1 year return −6.0%