Vanguard Total Corporate Bond ETF
$73.67−0.76 (−1.03%)
- Expense ratio
- 0.03%
- Fund size
- $1.7B
- 1Y return
- −0.2%
- Yield · Last 12 months
- 5.09%
- Volume · 30D
- 0.1M sh
- NAV per share
- $74.41
- 52W range
The ETF.net VTC Grade
Score 85 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 98Category 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 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 95Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 88Category rank
Our read on VTC
AMost cheap corporate bond funds sell you one slice of the maturity curve. VTC buys the whole investment-grade corporate market, short to long, for 0.03% a year, and since 2025 it owns the bonds directly instead of stacking three Vanguard funds.
The Fund seeks to track a broad, market-weighted corporate bond index, specifically the Bloomberg U.S. Corporate Bond Index. It uses an indexing approach focused on investment-grade, fixed-rate, taxable corporate bonds.
Why people hold it
- 0.03% a year against a 0.19% median for investment-grade corporate ETFs. On this exact Bloomberg index, nothing in the group charges less.
- One ticker, the full corporate curve. Top-graded rivals like VCIT, IGIB and IGSB each buy a single maturity band; VTC's index spans short, intermediate and long fixed-rate corporates.
- No overlays, no active tilts, no credit guesswork. Market-weighted indexing of investment-grade, fixed-rate, taxable corporates, and the portfolio hews tightly to that mandate.
- Income lands monthly, not quarterly, which matters if bond coupons are doing real work in your cash flow.
Worth knowing
- Whole-curve means long bonds in the mix, so prices move more with interest rates than a 1-5 year slice like IGSB does.
- The plumbing changed in March 2025: Vanguard moved it from holding three underlying corporate bond ETFs to buying the index bonds directly. Same objective, same index.sec.gov
- Moderately traded rather than a volume heavyweight, so spreads can run wider than the busiest corporate bond funds, particularly in choppy markets.
VTC Holdings
- Bonds
- —
- 1%
- United States Treasury Note/Bond 4.25% 07/31/2028
Geography
- United States87.53%
- United Kingdom3.43%
- Canada2.96%
- Japan1.95%
- Spain0.69%
- Netherlands0.63%
- Ireland0.55%
- Australia0.50%
- 1.75%
VTC 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 | VTC |
|---|---|
| Year to date | −0.9% |
| 1 month | −0.4% |
| 3 months | −1.6% |
| 1 year | −0.2% |
| 3 years | +5.3% |
| 5 years | −0.4% |
| 10 years | — |
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 | VTC |
|---|---|---|
| 2026 YTD | −0.9% | |
| 2025 | +7.6% | |
| 2024 | +2.1% | |
| 2023 | +8.6% | |
| 2022 | −15.7% | |
| 2021 | −1.4% | |
| 2020 | +9.3% |
VTC in the news
ETF.net Research hasn’t filed on VTC yet — coverage lands here as it’s written.
VTC Dividends
- 5.09%
- $3.79
- $0.33 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.33 |
| Aug 3, 2026 | Aug 5, 2026 | $0.33 |
| Jul 1, 2026 | Jul 6, 2026 | $0.32 |
| Jun 1, 2026 | Jun 3, 2026 | $0.32 |
| May 1, 2026 | May 5, 2026 | $0.31 |
| Apr 1, 2026 | Apr 6, 2026 | $0.32 |
| Mar 2, 2026 | Mar 4, 2026 | $0.29 |
| Feb 2, 2026 | Feb 4, 2026 | $0.32 |
| Dec 18, 2025 | Dec 22, 2025 | $0.31 |
| Dec 1, 2025 | Dec 3, 2025 | $0.31 |
| Nov 3, 2025 | Nov 5, 2025 | $0.32 |
| Oct 1, 2025 | Oct 3, 2025 | $0.31 |
VTC Risk
- 6.4%
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.
- 0.08
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.
- −22.1%
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.
- 1.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VTC Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
No Investment Grade Corporate fund charges less.