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Vanguard Long-Term Treasury ETF

VGLTNasdaqVanguardA

$52.41−0.12 (−0.23%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: down, 79 prints from 52.53 to 52.41. Range 52.34 to 52.67. Use the arrow keys to read each point.52.3552.4552.6052.6510 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size · all share classes
$14.9B
1Y total return
−4.0%
Yield · Last 12 months
5.22%
Holdings
104
Avg volume · 30D
2.93M sh
52W range
low $49.30high $57.90
Launched
Filings
SEC EDGAR

The ETF.net VGLT Grade

A

Score 84 out of 100

Rank
1 of 11
Six-pillar profile for VGLT. Scores out of 100: Cost 92, Risk 63, Mission 100, Tradability 67, Holdings 77, Durability 87. Strongest: Mission (100). Weakest: Risk (63). Leans toward Mission.

Score 84 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.
    A92 out of 100
    Rank 1 of 11
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 10
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B63 out of 100
    Rank 2 of 11
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 2 of 11
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A77 out of 100
    Rank 2 of 10
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A87 out of 100
    Rank 2 of 11

Our read on VGLT

ETF.net Research

In short

AThree basis points for the long end of the Treasury curve. VGLT tracks a market-weighted index of long-dated government bonds, pays income monthly, and charges a fraction of what this category typically costs.

Stated mandate

The fund seeks to track a market-weighted Treasury index with a long-term dollar-weighted average maturity. It uses index sampling and invests at least 80% of assets in securities included in the target index.

Why people hold it

  • 0.03% a year, a fifth of TLT's 0.15% and the lowest fee among its long-Treasury peers.vanguard.com
  • Sticks to the mandate: index sampling of the Bloomberg U.S. Long Treasury Bond Index, with at least 80% of assets in index securities and one of the tightest implementations in its group.vanguard.com
  • Pure US Treasury paper, roughly 70 bonds, no corporate credit risk in the mix, with distributions paid monthly.vanguard.com
  • A multi-billion-dollar fund that trades actively, which generally keeps bid-ask spreads modest for a long-bond vehicle.

Worth knowing

  • Duration is the point and the risk. Long maturities mean prices swing hard when long-term yields move, in both directions.
  • Not a 20-year-and-out pure play. The benchmark is the broad long Treasury index, so duration runs shorter than TLT or BBLB and shorter still than sibling EDV.
  • Fixed coupons from a government issuer: no credit spread to earn, and inflation erodes the real value of that income.

VGLT Performance

Launched Nov 19, 2009

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VGLT$9,602
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. VGLT $9,602. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for VGLT. Periods over one year show the average yearly return.
PeriodVGLT
Year to date−2.3%
1 month+5.4%
3 months+0.9%
1 year−4.0%
3 yearsper year+3.0%
5 yearsper year−6.6%
10 yearsper year−1.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VGLT
YearReturn barVGLT
2026 YTD−2.3%
2025+5.3%
2024−6.3%
2023+3.3%
2022−29.4%
2021−5.0%
2020+17.6%

VGLT in the news

VGLT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
5.22%Last 12 months
Payout per share
$2.74Last 12 months
Upcoming payment
$0.21 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.16; Mar 1, 2023 $0.15; Apr 3, 2023 $0.17; May 1, 2023 $0.16; Jun 1, 2023 $0.17; Jul 3, 2023 $0.17; Aug 1, 2023 $0.17; Sep 1, 2023 $0.18; Oct 2, 2023 $0.18; Nov 1, 2023 $0.18; Dec 1, 2023 $0.18; Dec 22, 2023 $0.19; Feb 1, 2024 $0.19; Mar 1, 2024 $0.18; Apr 1, 2024 $0.20; May 1, 2024 $0.19; Jun 3, 2024 $0.20; Jul 1, 2024 $0.20; Aug 1, 2024 $0.20; Sep 3, 2024 $0.20; Oct 1, 2024 $0.20; Nov 1, 2024 $0.21; Dec 2, 2024 $0.22; Dec 24, 2024 $0.21; Feb 3, 2025 $0.21; Mar 3, 2025 $0.19; Apr 1, 2025 $0.21; May 1, 2025 $0.20; Jun 2, 2025 $0.21; Jul 1, 2025 $0.20; Aug 1, 2025 $0.21; Sep 2, 2025 $0.21; Oct 1, 2025 $0.21; Nov 3, 2025 $0.21; Dec 1, 2025 $0.20; Dec 18, 2025 $0.21; Feb 2, 2026 $0.21; Mar 2, 2026 $0.19; Apr 1, 2026 $0.23; May 1, 2026 $0.21; Jun 1, 2026 $0.21; Jul 1, 2026 $0.21; Aug 3, 2026 $0.21; Sep 1, 2026 $0.22; Oct 1, 2026 $0.21; Nov 2, 2026 $0.21. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.21
Oct 1, 2026Oct 5, 2026$0.21
Sep 1, 2026Sep 3, 2026$0.22
Aug 3, 2026Aug 5, 2026$0.21
Jul 1, 2026Jul 6, 2026$0.21
Jun 1, 2026Jun 3, 2026$0.21
May 1, 2026May 5, 2026$0.21
Apr 1, 2026Apr 6, 2026$0.23
Mar 2, 2026Mar 4, 2026$0.19
Feb 2, 2026Feb 4, 2026$0.21
Dec 18, 2025Dec 22, 2025$0.21
Dec 1, 2025Dec 3, 2025$0.20

See all 203 payments⁠

$10,000 in VGLT 10 years ago paid $2,579 in dividends.⁠

VGLT Risk

How much the fund’s monthly returns vary, scaled to a year.
12.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.04
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−41.0%
Trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
2.25
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

VGLT Cost

Cheapest in Treasuries (20+ Year)

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VGLT 0.03%

    $638

$10,000
30 years

Cost over time

  • VGLT 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530VGLT $638

Year by year

YearVGLT
10$55
20$216
30$638

Other funds in Treasuries (20+ Year)