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

In the year to Oct 28, 2026, with distributions reinvested, VGLT returned −6.7% and VTIP +2.2%.

Which is cheaper, VGLT or VTIP?

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

Data as of Oct 28, 2026.

Across categories

VGLT vs VTIP: Differences, Returns & Fees

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VGLT's duration was 13.5 years on May 31, 2026 and VTIP's 2.3 on Jun 30, 2026; both charge 0.03%.

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Net assets on Sep 30, 2026: $10.4bn for Vanguard Long-Term Treasury ETF and $20.9bn for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

VGLT on its own →VTIP on its own →

At a glance

−6.7%

VGLT total return, 1 year

+2.2%

VTIP total return, 1 year

0.03%

VGLT expense ratio

0.03%

VTIP expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 8.9 points; VTIP is 2.0 times larger.

Points (pts) are percentage points.

VGLT vs VTIP: Differences, Returns & Fees
Measure	VGLT	VTIP
Return
Measure	VGLT	VTIP
Total return, 1 year	−6.7%	+2.2%
Drawdown
Measure	VGLT	VTIP
Below its high	38.8%, high on Aug 4, 2020
Benchmark
Measure	VGLT	VTIP
What it tracks	Bloomberg U.S. Long Treasury Index	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Measure	VGLT	VTIP
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$10.4bn	$20.9bn
Holdings
Measure	VGLT	VTIP
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method

Risk and return

Oct 26, 2012 to Oct 23, 2026 · 730 weekly returns

VGLT VTIP

Return

Total return edge VTIP +4.3% +35.7%

Annualized edge VTIP +0.3% +2.2%

Price return edge VTIP −31.5% −2.1%

Risk

Volatility edge VTIP 12.7% 2.3%

Max drawdown edge VTIP −45.6% −5.5%

Risk-adjusted

Sharpe edge VTIP −0.06 0.17

Sortino edge VTIP −0.08 0.22

Calmar edge VTIP 0.01 0.40

Reading

VTIP returned more: +35.7% to +4.3%. VTIP swung less: 2.3% to 12.7%. VTIP fell less at its worst: −5.5% to −45.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VGLT vs VTIP: Differences, Returns & Fees
Measure	VGLT	VTIP	Edge	How it is measured
Return
Total return	+4.3%	+35.7%	VTIP	Price change plus distributions, reinvested.
Annualized	+0.3%	+2.2%	VTIP	Total return as a yearly rate.
Price return	−31.5%	−2.1%	VTIP	Price change alone, distributions left out.
Risk
Volatility	12.7%	2.3%	VTIP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	9.3%	1.7%	VTIP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−45.6%	−5.5%	VTIP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.06	0.17	VTIP	Return above Treasury bills per unit of volatility.
Sortino	−0.08	0.22	VTIP	Return above Treasury bills per unit of downside deviation.
Calmar	0.01	0.40	VTIP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 730 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, VGLT and VTIP hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGLT VTIP

Only in one fund ↓

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%

Only in VTIP

TSY INFL IX N/B, due Oct 15, 2030 5.39%

TSY INFL IX N/B, due Oct 15, 2029 5.33%

TSY INFL IX N/B, due Apr 15, 2030 5.30%

TSY INFL IX N/B, due Apr 15, 2029 5.14%

TSY INFL IX N/B, due Oct 15, 2028 4.97%

TSY INFL IX N/B, due Oct 15, 2026 4.83%

TSY INFL IX N/B, due Oct 15, 2027 4.83%

TSY INFL IX N/B, due Apr 15, 2027 4.74%

Check overlap with more funds →

Side by side

VGLT Vanguard Long-Term Treasury ETF VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Where it sits Bond ETF Bond ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Long-term Treasury Tracks an index of Short-Term Inflation-Protected Securities

Total return, 1 year −6.7% +2.2%

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

Gap to its benchmark 0.0 pts vs SCHQ not measured

Expense ratio 0.03% 0.03%

Holdings 102 26

Net assets, as of Sep 30, 2026 $10.4bn $20.9bn

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

Client brief · page 1 of 2 Report BR-930831E182

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

What each follows. VGLT follows Bloomberg U.S. Long Treasury Index and VTIP follows Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 VGLT returned −6.7% and VTIP +2.2% with distributions reinvested, a gap of 8.9 points.

Data as of Oct 28, 2026.

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About each fund

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. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested.

Questions people ask

Which returned more over the last year, VGLT or VTIP?: In the year to Oct 28, 2026, with distributions reinvested, VGLT returned −6.7% and VTIP +2.2%.
Which is cheaper, VGLT or VTIP?: Neither: VGLT and VTIP both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs VGLT BINC vs VGLT USHY vs VGLT TIP vs VGLT TLT vs VTIP EDV vs VTIP PFF vs VTIP BOND vs VTIP

Where to next

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

Sources and dates

VGLT filings on SEC EDGAR ↗

VGLT prospectus with the expense ratio (SEC) ↗

Vanguard page for VGLT ↗

VTIP filings on SEC EDGAR ↗

VTIP prospectus with the expense ratio (SEC) ↗

Vanguard page for VTIP ↗

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

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