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Vanguard Total Corporate Bond ETF

VTCNasdaqA

$72.99+0.01 (+0.02%)

At close: Oct 13, 2026, 4:00 PM

Intraday session: up, 79 prints from 72.97 to 72.99. Range 72.92 to 73.08. Use the arrow keys to read each point.72.9272.9573.0373.0573.0810 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$1.7B
1Y total return
−2.1%
Yield · Last 12 months
5.21%
Holdings
5318
Avg volume · 30D
0.1M sh
NAV per share
$72.92
52W range
low $72.11high $79.24
Launched
Filings
SEC EDGAR

The ETF.net VTC Grade

A

Score 82 out of 100

Rank
3 of 49
Six-pillar profile for VTC. Scores out of 100: Cost 98, Risk 31, Mission 100, Tradability 66, Holdings 95, Durability 88. Strongest: Mission (100). Weakest: Risk (31). No single pillar leads.

Score 82 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.
    A98 out of 100
    Rank 1 of 49
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 45
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D31 out of 100
    Rank 42 of 49
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B66 out of 100
    Rank 13 of 49
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A95 out of 100
    Rank 2 of 49
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A88 out of 100
    Rank 4 of 49

Our read on VTC

ETF.net Research

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.

Stated mandate

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

  1. 010.03% a year against a 0.19% median for investment-grade corporate ETFs. On this exact Bloomberg index, nothing in the group charges less.
  2. 02One 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.
  3. 03No 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.
  4. 04Income lands monthly, not quarterly, which matters if bond coupons are doing real work in your cash flow.

Worth knowing

  1. 01Whole-curve means long bonds in the mix, so prices move more with interest rates than a 1-5 year slice like IGSB does.
  2. 02The 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
  3. 03Moderately traded rather than a volume heavyweight, so spreads can run wider than the busiest corporate bond funds, particularly in choppy markets.

VTC Holdings

As of Oct 11, 2026
Asset class
Bonds
Holdings
5,318
Top-10 weight
1%
Largest holding
United States Treasury Note/Bond 4.25% 07/31/20280.2%

Geography

  • United States86.51%
  • United Kingdom3.60%
  • Canada2.89%
  • Japan1.93%
  • Spain0.86%
  • Australia0.86%
  • Belgium0.59%
  • Germany0.45%
  • Other countries (15)2.31%
The fund’s holdings, weight-ordered — page 1 of 355.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Note/Bond 4.25% 07/31/20280.19%31,500$3M22
002—Bank of America Corp 4.48% 04/23/20300.15%26,200$3M16
003—Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/20460.11%20,290$2M6
004—Goldman Sachs Group Inc/The 5.09% 04/20/20340.11%18,150$2M21
005—Bank of America Corp 4.98% 01/24/20290.10%17,450$2M13
006—Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.70% 02/01/20360.10%18,350$2M11
007—Goldman Sachs Group Inc/The 4.52% 01/21/20320.10%17,140$2M16
008—Goldman Sachs Group Inc/The 5.07% 01/21/20370.10%17,280$2M16
009—Meta Platforms Inc 4.88% 11/15/20350.10%17,360$2M15
010—T-Mobile USA Inc 3.88% 04/15/20300.10%16,620$2M20
011—Space Exploration Technologies Corp 5.35% 07/15/20310.09%16,100$2M33
012—Oracle Corp 5.70% 02/04/20360.09%16,990$2M24
013—CVS Health Corp 5.05% 03/25/20480.09%18,500$2M10
014—AbbVie Inc 3.20% 11/21/20290.09%15,750$1M13
015—Abbott Laboratories 4.65% 03/15/20360.09%15,350$1M10

Showing 1–15 of 5318 holdings

VTC Performance

Launched Nov 7, 2017

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

Not enough history yet.
VTC$9,795
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. VTC $9,795. SPY $12,044. Use the arrow keys to read each point.$9,540$10,893$12,246Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for VTC. Periods over one year show the average yearly return.
PeriodVTC
Year to date−2.4%
1 month−1.0%
3 months−2.6%
1 year−2.1%
3 yearsper year+5.4%
5 yearsper year−0.3%
10 yearsFund is under 10 years oldper year—

As of the close, 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 VTC
YearReturn barVTC
2026 YTD−2.4%
2025+7.6%
2024+2.1%
2023+8.6%
2022−15.7%
2021−1.4%
2020+9.3%

VTC in the news

Filtered to VTC · Investment Grade Corporate

VTC 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 Oct 12, 2026.
5.21%Last 12 months
Payout per share
$3.80Last 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.23; Mar 1, 2023 $0.21; Apr 3, 2023 $0.24; May 1, 2023 $0.23; Jun 1, 2023 $0.24; Jul 3, 2023 $0.24; Aug 1, 2023 $0.25; Sep 1, 2023 $0.25; Oct 2, 2023 $0.26; Nov 1, 2023 $0.27; Dec 1, 2023 $0.25; Dec 22, 2023 $0.27; Feb 1, 2024 $0.28; Mar 1, 2024 $0.26; Apr 1, 2024 $0.28; May 1, 2024 $0.28; Jun 3, 2024 $0.28; Jul 1, 2024 $0.28; Aug 1, 2024 $0.28; Sep 3, 2024 $0.29; Oct 1, 2024 $0.28; Nov 1, 2024 $0.30; Dec 2, 2024 $0.29; Dec 24, 2024 $0.31; Feb 3, 2025 $0.30; Mar 3, 2025 $0.27; Apr 1, 2025 $0.28; May 1, 2025 $0.31; Jun 2, 2025 $0.33; Jul 1, 2025 $0.31; Aug 1, 2025 $0.32; Sep 2, 2025 $0.32; Oct 1, 2025 $0.31; Nov 3, 2025 $0.32; Dec 1, 2025 $0.31; Dec 18, 2025 $0.31; Feb 2, 2026 $0.32; Mar 2, 2026 $0.29; Apr 1, 2026 $0.32; May 1, 2026 $0.31; Jun 1, 2026 $0.32; Jul 1, 2026 $0.32; Aug 3, 2026 $0.33; Sep 1, 2026 $0.33; Oct 1, 2026 $0.32. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.32
Sep 1, 2026Sep 3, 2026$0.33
Aug 3, 2026Aug 5, 2026$0.33
Jul 1, 2026Jul 6, 2026$0.32
Jun 1, 2026Jun 3, 2026$0.32
May 1, 2026May 5, 2026$0.31
Apr 1, 2026Apr 6, 2026$0.32
Mar 2, 2026Mar 4, 2026$0.29
Feb 2, 2026Feb 4, 2026$0.32
Dec 18, 2025Dec 22, 2025$0.31
Dec 1, 2025Dec 3, 2025$0.31
Nov 3, 2025Nov 5, 2025$0.32

VTC Risk

How much the fund’s monthly returns vary, scaled to a year.
6.4%
Annualised · 36 months to Sep 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.
0.08
vs 3-month T-bills · to Sep 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.
−21.7%
Trough Oct 2022
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.
1.12
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.

VTC Cost

Expense ratio0.03%
  • The middle half of Investment Grade Corporate funds
  • Median 0.29%

No Investment Grade Corporate fund charges less.

VTC costs $3.00 a year on $10,000. The median Investment Grade Corporate fund costs $29.00.

Other funds in Investment Grade Corporate