Which returned more over the last year, VCLT or VGLT?

In the year to Oct 28, 2026, with distributions reinvested, VCLT returned −5.9% and VGLT −6.7%.

Which is cheaper, VCLT or VGLT?

Neither: VCLT and VGLT both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VCLT vs VGLT: Differences, Returns & Fees

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On May 31, 2026 VCLT's duration was 12.0 years and VGLT's 13.5; both charge 0.03%.

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Net assets on Sep 30, 2026: $7.5bn for Vanguard Long-Term Corporate Bond ETF and $10.4bn for Vanguard Long-Term Treasury ETF.

VCLT on its own →VGLT on its own →

At a glance

−5.9%

VCLT total return, 1 year

−6.7%

VGLT total return, 1 year

0.03%

VCLT expense ratio

0.03%

VGLT expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 0.8 points; VGLT is 1.4 times larger.

Points (pts) are percentage points.

VCLT vs VGLT: Differences, Returns & Fees
Measure	VCLT	VGLT
Return
Measure	VCLT	VGLT
Total return, 1 year	−5.9%	−6.7%
Drawdown
Measure	VCLT	VGLT
Below its high	17.8%, high on Sep 22, 2021	38.8%, high on Aug 4, 2020
Benchmark
Measure	VCLT	VGLT
What it tracks	Bloomberg U.S. 10+ Year Corporate Bond Index	Bloomberg U.S. Long Treasury Index
Cost and size
Measure	VCLT	VGLT
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$7.5bn	$10.4bn
Holdings
Measure	VCLT	VGLT
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026. Method

Risk and return

Dec 4, 2009 to Oct 23, 2026 · 881 weekly returns

VCLT VGLT

Return

Total return edge VCLT +101.2% +46.2%

Annualized edge VCLT +4.2% +2.3%

Price return edge VCLT −6.3% −13.0%

Risk

Volatility edge Tie 12.5% 12.7%

Max drawdown edge VCLT −34.0% −45.6%

Risk-adjusted

Sharpe edge VCLT 0.27 0.12

Sortino edge VCLT 0.39 0.17

Calmar edge VCLT 0.12 0.05

Reading

VCLT returned more: +101.2% to +46.2%. VCLT and VGLT swung about the same: 12.5% and 12.7%. VCLT fell less at its worst: −34.0% to −45.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VCLT vs VGLT: Differences, Returns & Fees
Measure	VCLT	VGLT	Edge	How it is measured
Return
Total return	+101.2%	+46.2%	VCLT	Price change plus distributions, reinvested.
Annualized	+4.2%	+2.3%	VCLT	Total return as a yearly rate.
Price return	−6.3%	−13.0%	VCLT	Price change alone, distributions left out.
Risk
Volatility	12.5%	12.7%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	8.7%	9.1%	VCLT (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−34.0%	−45.6%	VCLT	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.27	0.12	VCLT	Return above Treasury bills per unit of volatility.
Sortino	0.39	0.17	VCLT	Return above Treasury bills per unit of downside deviation.
Calmar	0.12	0.05	VCLT	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 881 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, VCLT and VGLT hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VCLT VGLT

US TREASURY N/B, due Feb 15, 2046 0.02% 1.34%

Only in one fund ↓

Only in VCLT

ANHEUSER-BUSCH, due Feb 1, 2046 0.37%

CVS HEALTH CORP, due Mar 25, 2048 0.33%

META PLATFORMS, due Nov 15, 2055 0.28%

BOEING CO, due May 1, 2050 0.27%

PFIZER INVSTMNT, due May 19, 2053 0.27%

AMAZON.COM INC, due Mar 13, 2056 0.26%

ORACLE CORP, due Feb 4, 2056 0.24%

AT&T INC, due Sep 15, 2053 0.23%

Only in VGLT

US TREASURY N/B, due Feb 15, 2056 2.22%

US TREASURY N/B, due Aug 15, 2055 2.21%

US TREASURY N/B, due May 15, 2055 2.21%

US TREASURY N/B, due May 15, 2054 2.17%

US TREASURY N/B, due Feb 15, 2055 2.17%

US TREASURY N/B, due Nov 15, 2055 2.17%

US TREASURY N/B, due Nov 15, 2053 2.14%

US TREASURY N/B, due Nov 15, 2054 2.13%

Check overlap with more funds →

Side by side

VCLT Vanguard Long-Term Corporate Bond ETF VGLT Vanguard Long-Term Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Long-Term Corporate Bond Tracks an index of Long-term Treasury

Total return, 1 year −5.9% −6.7%

Its benchmark over the same days not measured −6.7% (SCHQ)

Gap to its benchmark not measured 0.0 pts vs SCHQ

Expense ratio 0.03% 0.03%

Holdings 2562 102

Net assets, as of Sep 30, 2026 $7.5bn $10.4bn

VCLT and VGLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E0BD339A8D

VCLT and VGLT do different jobs. What does each one do in a portfolio?

What each follows. VCLT follows Bloomberg U.S. 10+ Year Corporate Bond Index and VGLT follows Bloomberg U.S. Long Treasury Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026).
Number of holdings. VCLT holds 2,562 positions and VGLT holds 102.

Data as of Oct 28, 2026.

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About each fund

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VCLT or VGLT?: In the year to Oct 28, 2026, with distributions reinvested, VCLT returned −5.9% and VGLT −6.7%.
Which is cheaper, VCLT or VGLT?: Neither: VCLT and VGLT both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

EDV vs VCLT TLT vs VCLT PFF vs VCLT BOND vs VCLT BOND vs VGLT EMB vs VGLT BINC vs VGLT GOVT vs VGLT

Where to next

VCLT on its own →VGLT on its own →Hold both: look the portfolio through →Rankings →VCLT dividend history →VCLT holdings →VGLT dividend history →VGLT holdings →Standards and sources →

Sources and dates

VCLT and VGLT filings on SEC EDGAR ↗

VCLT and VGLT prospectus with the expense ratio (SEC) ↗

Vanguard page for VCLT ↗

Vanguard page for VGLT ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, VCLT against VGLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/vclt-vs-vglt

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.