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Launched · SEC filings

Vanguard Total Corporate Bond ETF

VTCNasdaqVanguardA

$73.68−0.39 (−0.52%)

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

A86/ 100

Rank 3 of 49 in Investment Grade Corporate

A86/100Rank 3 of 49inInvestment Grade Corporate
Intraday session: down, 79 prints from 74.07 to 73.68. Range 73.68 to 73.97. Use the arrow keys to read each point.73.8073.9074.0010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size · all share classes
$1.6B
1Y total return
−0.7%
Yield · Last 12 months
5.60%
Holdings
5211
Avg volume · 30D
129K sh
52W range
low $72.11high $78.70
Launched
Filings
SEC EDGAR

The ETF.net VTC Grade

A

Score 86 out of 100

Category
Investment Grade Corporate⁠
Rank
3 of 49
Six-pillar profile for VTC. Scores out of 100: Cost 98, Risk 53, Mission 100, Tradability 70, Holdings 95, Durability 87. Strongest: Mission (100). Weakest: Risk (53). No single pillar leads.

Score 86 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.
    C53 out of 100
    Rank 17 of 49

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 11 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.
    A87 out of 100
    Rank 4 of 49

Our read on VTC

ETF.net Research

In short

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

  • 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

Holdings pillarA95 out of 100Rank 2 of 49 in Investment Grade Corporate
Asset class
Bonds
Holdings
5,211
Top-10 weight
3%
Largest holding
US 2YR NOTE (CBT) Dec261.0%

Geography

  • United States86.24%
  • United Kingdom3.67%
  • Canada2.92%
  • Japan1.98%
  • Australia0.88%
  • Spain0.80%
  • Belgium0.58%
  • Germany0.50%
  • Other countries (16)2.43%
The fund’s holdings, weight-ordered — page 1 of 348.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUS 2YR NOTE (CBT) Dec261.05%83$16.9M26
2No dataMktliq 12/31/20490.35%55,645$5.56M107
3No dataUS Dollar0.33%5,378,937$5.38M413
4No dataWells Fargo & Co 4.15% 01/24/20290.14%23,810$2.32M11
5No dataCitigroup Inc 2.57% 06/03/20310.13%23,600$2.11M11
6No dataWells Fargo & Co 2.57% 02/11/20310.13%22,330$2.02M9
7No dataAnheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/20460.11%20,290$1.69M7
8No dataAnheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.70% 02/01/20360.10%17,850$1.63M12
9No dataMeta Platforms Inc 4.88% 11/15/20350.10%17,360$1.58M16
10No dataT-Mobile USA Inc 3.88% 04/15/20300.10%16,370$1.55M19
11No dataSpace Exploration Technologies Corp 5.35% 07/15/20310.10%16,100$1.53M35
12No dataGoldman Sachs Group Inc/The 5.07% 01/21/20370.09%16,530$1.51M16
13No dataOracle Corp 5.70% 02/04/20360.09%16,990$1.5M23
14No dataCVS Health Corp 5.05% 03/25/20480.09%18,500$1.49M12
15No dataAbbVie Inc 3.20% 11/21/20290.09%15,750$1.47M14

Showing 1–15 of 5211 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$9,935
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. VTC $9,935. SPY $11,146. Use the arrow keys to read each point.$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 VTC. Periods over one year show the average yearly return.
PeriodVTC
Year to date−1.0%
1 month+2.1%
3 months−0.3%
1 year−0.7%
3 yearsper year+5.6%
5 yearsper year−0.2%
10 yearsFund is under 10 years oldper yearNo data

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−1.0%
2025+7.6%
2024+2.1%
2023+8.6%
2022−15.7%
2021−1.4%
2020+9.3%

VTC in the news

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 Nov 2, 2026.
5.60%Last 12 months
Payout per share
$4.13Last 12 months
Upcoming payment
$0.33 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 $0.23; 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; Nov 2, 2026 $0.33. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.33
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

See all 108 payments⁠

$10,000 in VTC 5 years ago paid $1,726 in dividends.⁠

VTC Risk

Risk pillarC53 out of 100Rank 17 of 49 in Investment Grade Corporate
How much the fund’s monthly returns vary, scaled to a year.
6.3%
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.
0.31
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.
−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.

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

VTC Cost

Tied cheapest in Investment Grade Corporate

$638

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

  • VTC 0.03%

    $638

$10,000
30 years

Cost over time

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

Year by year

YearVTC
10$55
20$216
30$638

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