Vanguard Long-Term Corporate Bond ETF

Vanguard Long-Term Corporate Bond ETF

About

Vanguard Long-Term Corporate Bond ETF (US92206C8139) is a US-listed bond ETF tracking the Bloomberg US 10+ Year Corp Index. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 503 positions across 13 regions with 8.4B in assets, with heavy concentration — 49% in corporate bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 7.3 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 8.9 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 4.6 Holding Count: 6.4 · Country Concentration: 5.4 · Sector Concentration: 1.1
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VCLT
ISIN
Fund Size $8.4B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Nov 2009
Base Currency USD
Index Bloomberg US 10+ Year Corp Index
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.03%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months +0.01%
6 Months -0.01%
1 Year -0.01%
3 Years -0.04%
5 Years -0.30%
10 Years -0.20%
YTD -0.01%
Since Inception -0.20%

Holdings

6.4
This fund holds 503 individual investments, offering moderate diversification compared to other ETFs.
#1
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc
0.38%
#2
CVS Health Corp
0.33%
#3
Meta Platforms Inc
0.29%
#4
Boeing Co/The
0.27%
#5
Amazon.com Inc
0.26%
#6
META PLATFORMS INC
0.26%
#7
Oracle Corp
0.24%
#8
Pfizer Investment Enterprises Pte Ltd
0.24%
#9
AT&T Inc
0.23%
#10
AT&T Inc
0.23%
View all holdings (50)
# Holding Ticker Weight
1 Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc ABIBB 38.00%
2 CVS Health Corp CVS 33.00%
3 Meta Platforms Inc 29.00%
4 Boeing Co/The BA 27.00%
5 Amazon.com Inc 26.00%
6 META PLATFORMS INC 26.00%
7 Oracle Corp 24.00%
8 Pfizer Investment Enterprises Pte Ltd PFE 24.00%
9 AT&T Inc T 23.00%
10 AT&T Inc T 23.00%
11 CVS Health Corp CVS 23.00%
12 Bank of America Corp BAC 22.00%
13 Meta Platforms Inc 21.00%
14 Goldman Sachs Group Inc/The GS 21.00%
15 AT&T Inc T 20.00%
16 AT&T Inc T 20.00%
17 Meta Platforms Inc 20.00%
18 Alphabet Inc 20.00%
19 AbbVie Inc ABBV 19.00%
20 Bank of America Corp BAC 19.00%
21 Boeing Co/The BA 18.00%
22 Alphabet Inc 18.00%
23 Comcast Corp CMCSA 18.00%
24 Microsoft Corp MSFT 17.00%
25 Microsoft Corp MSFT 17.00%
26 Apple Inc AAPL 17.00%
27 Amgen Inc AMGN 17.00%
28 Boeing Co/The BA 17.00%
29 META PLATFORMS INC 17.00%
30 Verizon Communications Inc VZ 17.00%
31 META PLATFORMS INC 17.00%
32 Goldman Sachs Group Inc/The 16.00%
33 Oracle Corp 16.00%
34 Pfizer Inc PFE 16.00%
35 AbbVie Inc 16.00%
36 RTX Corp RTX 16.00%
37 Goldman Sachs Group Inc/The 16.00%
38 Visa Inc V 16.00%
39 Morgan Stanley 16.00%
40 Abbott Laboratories ABT 16.00%
41 Boeing Co/The 16.00%
42 CVS Health Corp CVS 16.00%
43 Pfizer Investment Enterprises Pte Ltd PFE 15.00%
44 Amazon.com Inc 15.00%
45 Pacific Gas and Electric Co PCG 15.00%
46 Wells Fargo & Co WFC 15.00%
47 Alphabet Inc 15.00%
48 Meta Platforms Inc 15.00%
49 Bristol-Myers Squibb Co 15.00%
50 Goldman Sachs Group Inc/The 15.00%

Sectors

1.1
This fund is concentrated in just a few of its 6 sectors, reducing diversification.
 
Sector Weight
Unknown 5122.00%
Corporate Bonds 4881.00%
Financials 16.00%
Government Bonds 16.00%
Health Care 8.00%
Industrials 8.00%

Regions

5.4
This fund invests across 14 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
UNKNOWN 5020.00%
United States 4630.00%
United Kingdom 90.00%
Canada 57.00%
Singapore 51.00%
France 37.00%
Japan 26.00%
Netherlands 22.00%
Cayman Islands 17.00%
Spain 13.00%
Mexico 13.00%
Switzerland 8.00%
Ireland 8.00%
Liberia 8.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
45.0%
Volatility
-12.6%
Max Drawdown
-0.45
Sharpe Ratio
-0.64
Sortino Ratio
-1.60
Calmar Ratio
0.44
Beta
-12.30%
Alpha (Jensen's)
0.312
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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