Vanguard Long-Term Corporate Bond ETF (VCLT)


Market Price (11/14/2026): $69.23

Vanguard Long-Term Corporate Bond ETF (VCLT)


Market Price (11/14/2026): $69.23

Key Takeaways

  • VCLT has returned -4.3% YTD vs +11.5% for SPY, -1.9% for AGG; -4.4% over the past 12 months (SPY +13.5%, AGG -1.5%). details →
  • Priced in gold, VCLT has returned -43.6% over the past 3 years, vs +11.5% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, VCLT has seen net inflows of +$1.07B (+12.6% of assets). details →
  • VCLT yields 6.01% based on its trailing 12-month distributions.
  • VCLT's -4.3% YTD is in line with its typical pace — it averaged -4.8% at this point (November 13) over the past 5 years. details →
Last updated: 11/13/2026.

Price Chart

Asset Allocation with VCLT

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+12.2%
Volatility
12.3%
Sharpe
0.77
YTD
+6.2%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for VCLT

Total Weights
Top 5: 2.4% | Top 10: 3.6% | Top 20: 5.7%

HoldingETF Weight
CMT001142MKTLIQ 12/31/20491.04%
03522AAJ9Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/20460.37%
912810UX4United States Treasury Note/Bond 5.13% 08/15/20460.36%
126650CZ1CVS Health Corp 5.05% 03/25/20480.33%
097023CW3Boeing Co/The 5.80% 05/01/20500.27%
30303MAE2Meta Platforms Inc 5.63% 11/15/20550.27%
00206RKJ0AT&T Inc 3.50% 09/15/20530.24%
00206RLJ9AT&T Inc 3.55% 09/15/20550.24%
38141GFD1Goldman Sachs Group Inc/The 6.75% 10/01/20370.24%
126650CY4CVS Health Corp 4.78% 03/25/20380.24%
US 10yr Ultra Fut Dec260.24%
30303M8X3Meta Platforms Inc 5.50% 11/15/20450.22%
00206RLV2AT&T Inc 3.65% 09/15/20590.21%
031162DT4Amgen Inc 5.65% 03/02/20530.21%
023135DH6Amazon.com Inc 5.80% 03/13/20560.21%
02079KBA4Alphabet Inc 5.45% 11/15/20550.21%
00206RMN9AT&T Inc 3.80% 12/01/20570.21%
02079KBP1Alphabet Inc 5.65% 02/15/20560.20%
06051GJE0Bank of America Corp 2.68% 06/19/20410.20%
30303M8Y1Meta Platforms Inc 5.75% 11/15/20650.19%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VCLT Return-2%-26%11%-2%7%-4%-18%
Peers Return-2%-26%11%-2%7%-5%-18%
S&P 500 Return27%-19%24%23%16%11%103%

Monthly Win Rates [3]
VCLT Win Rate50%25%50%58%58%64% 
Peers Win Rate50%25%50%58%58%64% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
VCLT Max Drawdown-11%-33%-15%-8%-6%-9% 
Peers Max Drawdown-10%-33%-15%-7%-6%-9% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SPLB, IGLB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/13/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
VCLT-1.010.26-0.51
Bond Top Results (3Y)   
USHY-0.640.880.01
SHYG-0.560.800.14
HYG-0.710.80-0.03
JNK-0.620.80-0.05
IGSB-1.170.57-0.41

Results as of 10312026.

How Low Can It Go

EventVCLTS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-12.1%-9.5%
  % Gain to Breakeven13.7%10.5%
  Time to Breakeven43 days24 days
2020 COVID-19 Crash
  % Loss-25.2%-33.7%
  % Gain to Breakeven33.7%50.9%
  Time to Breakeven21 days140 days
2013 Taper Tantrum
  % Loss-13.6%-0.2%
  % Gain to Breakeven15.8%0.2%
  Time to Breakeven236 days1 days

Compare to SPLB, IGLB

In The Past

Vanguard Long-Term Corporate Bond ETF's stock fell -3.4% during the 2025 US Tariff Shock. Such a loss loss requires a 3.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventVCLTS&P 500
2020 COVID-19 Crash
  % Loss-25.2%-33.7%
  % Gain to Breakeven33.7%50.9%
  Time to Breakeven21 days140 days

Compare to SPLB, IGLB

In The Past

Vanguard Long-Term Corporate Bond ETF's stock fell -3.4% during the 2025 US Tariff Shock. Such a loss loss requires a 3.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

VCLT Dip Buy History


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Alerts when dip buy opportunities arise.
Notify Me →

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
XLGInvesco S&P 500 Top 50 ETF-6.1%61.101113202665.071007202637
MAGSRoundhill Magnificent Seven ETF-7.6%68.661113202674.301013202631
QQQInvesco QQQ Trust, Series 1-10.5%679.8911132026759.661006202638
QQQMInvesco NASDAQ 100 ETF-10.5%279.9711132026312.761006202638
ONEQFidelity Nasdaq Composite Index ETF-8.9%99.1111132026108.771006202638
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF-10.8%148.9711132026167.03813202692
IJHiShares Core S&P Mid-Cap ETF-6.2%73.761113202678.67816202689
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-6.2%672.7011132026716.91816202689
IVOOVanguard S&P Mid-Cap 400 ETF-5.8%124.9411132026132.68816202689
IJRiShares Core S&P Small-Cap ETF-6.5%140.6211132026150.44816202689
VBVanguard Small-Cap ETF-5.5%291.3611132026308.38816202689
IWMiShares Russell 2000 ETF-9.0%277.5411132026305.09816202689
SCHASchwab U.S. Small-Cap ETF-8.8%32.951113202636.136302026136
VTWOVanguard Russell 2000 ETF-8.8%112.1311132026122.90816202689
DFASDimensional U.S. Small Cap ETF-5.8%79.581113202684.48816202689
ESMLiShares ESG Aware MSCI USA Small-Cap ETF-5.2%53.691113202656.64816202689
VUGVanguard Growth ETF-9.1%84.231113202692.641006202638
IWFiShares Russell 1000 Growth ETF-11.1%114.8911132026129.191006202638
IVWiShares S&P 500 Growth ETF-9.3%132.6011132026146.121006202638
SCHGSchwab U.S. Large-Cap Growth ETF-7.8%34.051113202636.931006202638
SPYGState Street SPDR Portfolio S&P 500 Growth ETF-9.2%114.8111132026126.501006202638
VONGVanguard Russell 1000 Growth ETF-11.0%118.3211132026133.001006202638
MGKVanguard Mega Cap Growth ETF-9.8%85.791113202695.111006202638
IWPiShares Russell Mid-Cap Growth ETF-12.5%129.2311132026147.70817202688
VOTVanguard Mid-Cap Growth ETF-8.0%288.3911132026313.61816202689
IJKiShares S&P Mid-Cap 400 Growth ETF-8.8%108.5911132026119.11817202688
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-8.9%103.5911132026113.69817202688
IWOiShares Russell 2000 Growth ETF-11.4%350.3711132026395.65816202689
VBKVanguard Small-Cap Growth ETF-10.5%327.4911132026365.91817202688
IJTiShares S&P Small-Cap 600 Growth ETF-7.9%164.9011132026179.078042026101
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-7.8%110.1811132026119.508042026101
AVUVAvantis U.S. Small Cap Value ETF-5.1%122.2211132026128.748042026101
IWNiShares Russell 2000 Value ETF-6.5%212.7511132026227.43816202689
IJSiShares S&P Small-Cap 600 Value ETF-5.5%132.9911132026140.68816202689
SLYVState Street SPDR S&P 600 Small Cap Value ETF-5.4%106.1511132026112.22816202689
VXUSVanguard Total International Stock ETF-6.5%82.641113202688.41907202667
VEUVanguard FTSE All-World Ex-US ETF-6.1%80.911113202686.21907202667
IXUSiShares Core MSCI Total International Stock ETF-6.2%92.571113202698.71907202667
CWIState Street SPDR MSCI ACWI ex-US ETF-6.2%39.291113202641.90907202667
COROiShares International Country Rotation Active ETF-6.5%35.111113202637.54907202667
VEAVanguard FTSE Developed Markets ETF-5.7%69.441113202673.61825202680
SCHFSchwab International Equity ETF-5.7%26.951113202628.59825202680
SCZiShares MSCI EAFE Small-Cap ETF-5.3%82.891113202687.57907202667
VSSVanguard FTSE All-World EX-US Small-Cap Index Fund-8.3%148.0711132026161.45827202678
SCHCSchwab International Small-Cap Equity ETF-7.7%47.891113202651.86827202678
IEMGiShares Core MSCI Emerging Markets ETF-13.8%74.151113202686.006222026144
VWOVanguard FTSE Emerging Markets ETF-8.1%56.381113202661.32907202667
EEMiShares MSCI Emerging Markets ETF-14.5%60.921113202671.216222026144
SPEMState Street SPDR Portfolio Emerging Markets ETF-8.1%49.111113202653.41907202667
SCHESchwab Emerging Markets Equity ETF-7.8%34.651113202637.58907202667
FNDESchwab Fundamental Emerging Markets Equity ETF-6.4%40.341113202643.08907202667
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-18.9%30.241113202637.306222026144
EWYiShares MSCI South Korea ETF-34.9%142.7811132026219.206212026145
EWZiShares MSCI Brazil ETF-26.0%32.221113202643.541012202632
FXIiShares China Large-Cap ETF-8.3%33.481113202636.527302026106
ILFiShares Latin America 40 ETF-15.4%32.321113202638.211012202632
KWEBKraneShares CSI China Internet ETF-21.3%22.931113202629.12810202695
CGDVCapital Group Dividend Value ETF-5.6%48.561113202651.44813202692
JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF-7.4%56.191113202660.701007202637
QQQINEOS Nasdaq 100 High Income ETF-8.7%51.131113202656.001006202638
QYLDGlobal X Funds Global X NASDAQ-100 Covered Call ETF-5.4%17.721113202618.741015202629
DYNFiShares U.S. Equity Factor Rotation Active ETF-5.4%66.871113202670.681006202638
MTUMiShares MSCI USA Momentum Factor ETF-21.2%67.981113202686.316222026144
SPHQInvesco S&P 500 Quality ETF-6.8%83.931113202690.106302026136
FNDASchwab Fundamental U.S. Small Company ETF-6.0%36.211113202638.52816202689
SPMOInvesco S&P 500 Momentum ETF-18.2%132.3111132026161.666222026144
VLUEiShares MSCI USA Value Factor ETF-7.9%189.1811132026205.51907202667
ARKKARK Innovation ETF-19.2%74.991113202692.781005202639
URAGlobal X Uranium ETF-40.4%31.841113202653.426022026164
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-23.6%31.231113202640.905262026171
ROBOROBO Global Robotics & Automation Index ETF-20.2%72.111113202690.346022026164
LITGlobal X Lithium & Battery Tech ETF-32.8%58.761113202687.505282026169
ICLNiShares Global Clean Energy ETF-33.4%15.811113202623.756022026164
ARKQARK Autonomous Technology & Robotics ETF-25.0%107.9011132026143.825282026169
ARKWARK Next Generation Internet ETF-14.8%142.5511132026167.331006202638
ARKXARK Space & Defense Innovation ETF-22.6%29.221113202637.745282026169
NASATema Space Innovators ETF-50.2%20.871113202641.895272026170
THROiShares U.S. Thematic Rotation Active ETF-5.3%42.551113202644.921006202638
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF-10.2%20.141113202622.431005202639
AGIXKraneShares Artificial Intelligence ETF-20.1%39.581113202649.561006202638
DRSKAptus Defined Risk ETF-8.3%26.941113202629.396012026165
ALLWSSGA Active Trust State Street Bridgewater All Weather ETF-7.0%28.301113202630.44825202680
PCEFInvesco CEF Income Composite ETF-6.7%18.981113202620.35813202692
YYYAmplify CEF High Income ETF-9.9%10.241113202611.37816202689
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-28.8%50.801113202671.30825202680
RAAXVanEck Real Assets ETF-8.6%38.411113202642.01823202682
VGTVanguard Information Technology ETF-14.3%111.1811132026129.801006202638
XLKState Street Technology Select Sector SPDR ETF-15.7%170.2811132026202.001006202638
XLEState Street Energy Select Sector SPDR ETF-7.2%64.961113202670.021101202612
XLIState Street Industrial Select Sector SPDR ETF-9.5%168.7811132026186.51816202689
XLCState Street Communication Services Select Sector SPDR ETF-6.8%108.6911132026116.685182026179
IYJiShares U.S. Industrials ETF-5.9%159.8711132026169.868042026101
IYMiShares U.S. Basic Materials ETF-8.2%180.3511132026196.45825202680
FXNFirst Trust Energy AlphaDEX Fund-6.1%23.471113202625.001101202612
SMHVanEck Semiconductor ETF-27.2%486.7511132026668.916222026144
SOXXiShares Semiconductor ETF-31.6%149.3011132026218.346222026144
XBIState Street SPDR S&P Biotech ETF-11.2%150.5511132026169.55819202686
ITAiShares U.S. Aerospace & Defense ETF-15.3%71.511113202684.41816202689
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-9.8%184.8011132026204.861026202618
IGViShares Expanded Tech-Software Sector ETF-10.2%101.1911132026112.671011202633
IYTiShares U.S. Transportation ETF-7.0%83.711113202690.017162026120
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-7.6%183.0911132026198.06903202671
KREState Street SPDR S&P Regional Banking ETF-6.7%72.741113202677.93816202689
MISLFirst Trust Indxx Aerospace & Defense ETF-15.0%41.811113202649.195282026169
RINGiShares MSCI Global Gold Miners ETF-23.7%71.081113202693.17825202680
SOXQInvesco PHLX Semiconductor ETF-30.6%79.8511132026115.116222026144
IGOViShares International Treasury Bond ETF-5.7%39.581113202641.985312026166
TLTiShares 20+ Year Treasury Bond ETF-7.8%79.381113202686.106292026137
VGLTVanguard Long-Term Treasury ETF-6.7%51.031113202654.676292026137
SPTLState Street SPDR Portfolio Long Term Treasury ETF-7.0%24.301113202626.136292026137
TLHiShares 10-20 Year Treasury Bond ETF-6.2%93.581113202699.786292026137
EDVVanguard World Funds Extended Duration ETF-11.7%56.991113202664.546242026142
VCLTVanguard Long-Term Corporate Bond ETF-6.6%69.221113202674.086292026137
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-7.2%20.591113202622.186292026137
IGLBiShares 10+ Year Investment Grade Corporate Bond ETF-6.5%46.121113202649.326292026137
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-9.8%18.341113202620.341025202619
DBCInvesco DB Commodity Index Tracking Fund-9.7%30.791113202634.101025202619
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-9.9%35.401113202639.301025202619
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-8.6%24.501113202626.81910202664
FTGCFirst Trust Global Tactical Commodity Strategy Fund-8.4%28.941113202631.60910202664
HGERHarbor Commodity All-Weather Strategy ETF-7.9%33.621113202636.501025202619
GLDSPDR Gold Trust-17.0%355.4511132026428.07825202680
IAUiShares Gold Trust-17.0%72.881113202687.76825202680
GLDMSPDR Gold MiniShares Trust-16.9%76.701113202692.35825202680
SGOLETFS Physical Swiss Gold Shares-17.4%36.911113202644.66111220261
BARDirexion Daily Gold Bull 3X Shares-13.9%38.181113202644.34111220261
SLViShares Silver Trust-36.9%44.131113202669.945182026179
SIVRETFS Physical Silver Shares Trust ETF-44.4%46.401113202683.39111220261
PPLTETFS Physical Platinum Shares-24.6%13.501113202617.905172026180
PALLETFS Physical Palladium Shares-29.7%18.131113202625.79903202671
USOUnited States Oil Fund LP-14.1%145.5811132026169.531025202619
UNGUnited States Natural Gas Fund LP-16.3%10.151113202612.126042026162
BNOUnited States Brent Oil Fund LP ETV-14.5%61.061113202671.391101202612
REETiShares Global REIT ETF-6.3%27.061113202628.897262026110
USRTiShares Core U.S. REIT ETF-6.1%65.541113202669.827262026110
IBITiShares Bitcoin Trust ETF-20.5%38.941113202649.01921202653
FBTCFidelity Wise Origin Bitcoin Fund-20.5%59.861113202675.31921202653
GBTCGrayscale Bitcoin Trust ETF-14.2%53.071113202661.84111220261
ETHAiShares Ethereum Trust ETF-27.2%44.021113202660.45928202646

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows
Largest inflows
#TickerNameTypeNet flow% of AUM
No data.
Largest outflows
#TickerNameTypeNet flow% of AUM
No data.

Largest ETF fund flows across ~ funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About VCLT

0Holdings Count: 2564
Expense Ratio: 0.03%
Inception Date: 2009-11-19
Vanguard Long-Term Corporate Bond ETF
This ETF is designed to provide investors with a substantial and consistent flow of current income. Its portfolio primarily consists of high-quality, investment-grade corporate debt instruments. The fund targets an average maturity for its bond holdings, weighted by their market value, that typically falls within a range of ten to twenty-five years.
Asset Class: Core Investment Grade Bond | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
Asset ClassBondBondBond-
AUM ($ Bil)7.51.22.82.8
Expense Ratio0.03%0.04%0.04%0.04%
10-D Avg Volume (Mil)5.273.022.173.02
Latest Day Volume (Mil)4.472.401.562.40
Holdings Count2,5642,9863,8062,986
Inception Date11/19/20093/10/200912/8/2009-

Fundamentals

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
Net Asset Value70.7021.0347.25-
Premium/Discount-2.1%-2.1%-2.4%-2.1%
Distribution Yield6.0%5.9%5.7%5.9%
Sales Yield----
Earnings Yield----

Valuation

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
P/S (TTM)----
P/E (TTM)----
P/FCF (TTM)----
Forward P/E----
Forward P/S----

Risk

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
Volatility (1Y)8.5%8.5%8.3%8.5%
Volatility (3Y)10.2%10.2%10.0%10.2%
Volatility (5Y)12.7%12.7%12.3%12.7%
Beta (1Y)0.270.280.270.27
Beta (3Y)0.240.240.230.24
Beta (5Y)0.270.260.260.26
Sharpe Ratio (1Y)-0.58-0.66-0.60-0.60
Sharpe Ratio (3Y)0.440.420.470.44
Sharpe Ratio (5Y)-0.26-0.27-0.26-0.26
Max Drawdown (1Y)-8.7%-8.8%-8.6%-8.7%
Max Drawdown (3Y)-9.6%-9.6%-9.4%-9.6%
Max Drawdown (5Y)-34.2%-34.3%-34.0%-34.2%

Returns

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
1M Return-0.6%-1.1%-0.6%-0.6%
3M Return-1.4%-2.0%-1.5%-1.5%
6M Return-3.4%-4.0%-3.4%-3.4%
YTD Return-4.3%-4.9%-4.3%-4.3%
1Y Return-5.1%-5.8%-5.1%-5.1%
2Y Return-1.3%-2.2%-0.9%-1.3%
3Y Return12.8%12.1%13.5%12.8%

Short Interest

Short Interest: As Of Date10302026
Short Interest: Shares Quantity26.8 Mil
Short Interest: % Change Since 10152026-0.9%
Average Daily Volume5.1 Mil
Days-to-Cover Short Interest5.2 days