Vanguard Long-Term Treasury ETF

Vanguard Long-Term Treasury ETF

About

Vanguard Long-Term Treasury ETF (US92206C8477) is a US-listed bond ETF tracking the Spl Bloomberg US Long Treasury Idx. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 99 positions across 1 region with 10.4B in assets, with heavy concentration — 99% in United States, 99% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 6.9 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 8.9 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 3.5 Holding Count: 3.6 · Country Concentration: 4.8 · Sector Concentration: 1.0
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 VGLT
ISIN
Fund Size $10.4B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Nov 2009
Base Currency USD
Index Spl Bloomberg US Long Treasury Idx
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 +0.01%
3 Months +0.00%
6 Months -0.01%
1 Year -0.01%
3 Years -0.13%
5 Years -0.37%
10 Years -0.35%
YTD -0.01%
Since Inception -0.35%

Holdings

3.6
With only 99 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
United States Treasury Note/Bond
2.20%
#2
United States Treasury Note/Bond
2.19%
#3
United States Treasury Note/Bond
2.19%
#4
United States Treasury Note/Bond
2.17%
#5
United States Treasury Note/Bond
2.15%
#6
United States Treasury Note/Bond
2.15%
#7
United States Treasury Note/Bond
2.13%
#8
United States Treasury Note/Bond
2.12%
#9
United States Treasury Note/Bond
2.05%
#10
United States Treasury Note/Bond
2.04%
View all holdings (50)
# Holding Ticker Weight
1 United States Treasury Note/Bond 220.00%
2 United States Treasury Note/Bond 219.00%
3 United States Treasury Note/Bond 219.00%
4 United States Treasury Note/Bond 217.00%
5 United States Treasury Note/Bond 215.00%
6 United States Treasury Note/Bond 215.00%
7 United States Treasury Note/Bond TBOND 213.00%
8 United States Treasury Note/Bond 212.00%
9 United States Treasury Note/Bond 205.00%
10 United States Treasury Note/Bond 204.00%
11 United States Treasury Note/Bond TBOND 183.00%
12 United States Treasury Note/Bond TBOND 162.00%
13 United States Treasury Note/Bond TBOND 155.00%
14 United States Treasury Note/Bond TBOND 153.00%
15 United States Treasury Note/Bond TBOND 153.00%
16 United States Treasury Note/Bond TBOND 150.00%
17 United States Treasury Note/Bond 143.00%
18 United States Treasury Note/Bond 140.00%
19 United States Treasury Note/Bond TBOND 139.00%
20 United States Treasury Note/Bond TBOND 139.00%
21 United States Treasury Note/Bond WIT 138.00%
22 United States Treasury Note/Bond TBOND 138.00%
23 United States Treasury Note/Bond 138.00%
24 United States Treasury Note/Bond 136.00%
25 United States Treasury Note/Bond 136.00%
26 United States Treasury Note/Bond TBOND 135.00%
27 United States Treasury Note/Bond TBOND 134.00%
28 United States Treasury Note/Bond TBOND 134.00%
29 United States Treasury Note/Bond 134.00%
30 United States Treasury Note/Bond 132.00%
31 United States Treasury Note/Bond 131.00%
32 United States Treasury Note/Bond TBOND 131.00%
33 United States Treasury Note/Bond 128.00%
34 United States Treasury Note/Bond TBOND 124.00%
35 United States Treasury Note/Bond TBOND 123.00%
36 United States Treasury Note/Bond TBOND 116.00%
37 United States Treasury Note/Bond TNOTE 115.00%
38 United States Treasury Note/Bond TBOND 114.00%
39 United States Treasury Note/Bond TBOND 113.00%
40 United States Treasury Note/Bond TBOND 113.00%
41 United States Treasury Note/Bond TBOND 113.00%
42 United States Treasury Note/Bond TBOND 112.00%
43 United States Treasury Note/Bond TBOND 112.00%
44 United States Treasury Note/Bond TBOND 111.00%
45 United States Treasury Note/Bond TBOND 108.00%
46 United States Treasury Note/Bond TBOND 107.00%
47 United States Treasury Note/Bond TBOND 107.00%
48 United States Treasury Note/Bond TBOND 105.00%
49 United States Treasury Note/Bond TBOND 103.00%
50 United States Treasury Note/Bond TBOND 100.00%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.
 
Sector Weight
Government Bonds 9895.00%
Unknown 105.00%

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
United States 9895.00%
UNKNOWN 105.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
51.1%
Volatility
-17.1%
Max Drawdown
-1.08
Sharpe Ratio
-1.42
Sortino Ratio
-3.21
Calmar Ratio
0.38
Beta
-14.51%
Alpha (Jensen's)
0.177
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

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