Vanguard Long-Term Corporate Bond ETF (VCLT)
Market Price (9/10/2026): $70.875
Vanguard Long-Term Corporate Bond ETF (VCLT)
Market Price (9/10/2026): $70.875
Key Takeaways
- VCLT has returned -2.2% YTD vs +12.1% for SPY, -0.9% for AGG; -2.6% over the past 12 months (SPY +18.2%, AGG +0.0%). details →
- Priced in gold, VCLT has returned -50.9% over the past 3 years, vs +12.3% in dollars — its dollar gains have lagged gold. details →
- Over the past month, VCLT has seen net inflows of +$187M (+2.1% of assets). details →
- VCLT yields 5.75% based on its trailing 12-month distributions.
- VCLT's -2.2% YTD is in line with its typical pace — it averaged -1.9% at this point (September 9) over the past 5 years. details →
Asset Allocation with VCLT
Top 20 Holdings for VCLT
Total Weights Top 5: 1.7% | Top 10: 2.9% | Top 20: 5.0%
| Holding | ETF Weight | |
|---|---|---|
| MKTLIQ 12/31/2049 | 0.51% | |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/2046 | 0.37% | |
| CVS Health Corp 5.05% 03/25/2048 | 0.33% | |
| Meta Platforms Inc 5.63% 11/15/2055 | 0.28% | |
| Boeing Co/The 5.80% 05/01/2050 | 0.26% | |
| CVS Health Corp 4.78% 03/25/2038 | 0.24% | |
| AT&T Inc 3.55% 09/15/2055 | 0.24% | |
| AT&T Inc 3.50% 09/15/2053 | 0.23% | |
| Goldman Sachs Group Inc/The 6.75% 10/01/2037 | 0.22% | |
| Bank of America Corp 4.08% 03/20/2051 | 0.22% | |
| Pfizer Investment Enterprises Pte Ltd 5.30% 05/19/2053 | 0.22% | |
| Oracle Corp 6.70% 02/04/2056 | 0.22% | |
| Amgen Inc 5.65% 03/02/2053 | 0.22% | |
| Meta Platforms Inc 5.50% 11/15/2045 | 0.21% | |
| Amazon.com Inc 5.80% 03/13/2056 | 0.21% | |
| AT&T Inc 3.65% 09/15/2059 | 0.20% | |
| AT&T Inc 3.80% 12/01/2057 | 0.20% | |
| Meta Platforms Inc 5.75% 11/15/2065 | 0.20% | |
| Bank of America Corp 2.68% 06/19/2041 | 0.19% | |
| Alphabet Inc 5.45% 11/15/2055 | 0.19% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VCLT Return | -2% | -26% | 11% | -2% | 7% | -2% | -16% |
| Peers Return | -2% | -26% | 11% | -2% | 7% | -3% | -16% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| VCLT Win Rate | 50% | 25% | 50% | 58% | 58% | 67% | |
| Peers Win Rate | 50% | 25% | 50% | 58% | 58% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| VCLT Max Drawdown | -11% | -33% | -15% | -8% | -6% | -5% | |
| Peers Max Drawdown | -10% | -33% | -15% | -7% | -6% | -5% | |
| 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 9/9/2026 (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.
Results as of 8312026.How Low Can It Go
| Event | VCLT | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -12.1% | -9.5% |
| % Gain to Breakeven | 13.7% | 10.5% |
| Time to Breakeven | 43 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -25.2% | -33.7% |
| % Gain to Breakeven | 33.7% | 50.9% |
| Time to Breakeven | 21 days | 140 days |
| 2013 Taper Tantrum | ||
| % Loss | -13.6% | -0.2% |
| % Gain to Breakeven | 15.8% | 0.2% |
| Time to Breakeven | 236 days | 1 days |
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.
| Event | VCLT | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -25.2% | -33.7% |
| % Gain to Breakeven | 33.7% | 50.9% |
| Time to Breakeven | 21 days | 140 days |
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.
Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
| Ticker | Name | Dip % | Mkt Price | Price Date | Peak Price | Peak Date | # Days |
|---|---|---|---|---|---|---|---|
| QQEW | First Trust Nasdaq-100 Select Equal Weight ETF | -5.2% | 158.29 | 9092026 | 167.03 | 8132026 | 27 |
| IJH | iShares Core S&P Mid-Cap ETF | -5.2% | 74.56 | 9092026 | 78.67 | 8162026 | 24 |
| MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | -5.2% | 679.65 | 9092026 | 716.91 | 8162026 | 24 |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | -5.2% | 126.19 | 9092026 | 133.08 | 8162026 | 24 |
| IJR | iShares Core S&P Small-Cap ETF | -5.1% | 142.70 | 9092026 | 150.44 | 8162026 | 24 |
| SCHA | Schwab U.S. Small-Cap ETF | -5.6% | 34.10 | 9092026 | 36.13 | 6302026 | 71 |
| NUSC | Nuveen ESG Small-Cap ETF | -5.6% | 50.29 | 9092026 | 53.27 | 8162026 | 24 |
| AKRE | Akre Focus ETF | -7.7% | 57.11 | 9092026 | 61.85 | 8302026 | 10 |
| IWP | iShares Russell Mid-Cap Growth ETF | -6.3% | 138.45 | 9092026 | 147.70 | 8172026 | 23 |
| VOT | Vanguard Mid-Cap Growth ETF | -5.7% | 296.13 | 9092026 | 314.02 | 8162026 | 24 |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | -6.1% | 111.85 | 9092026 | 119.11 | 8172026 | 23 |
| MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | -6.1% | 106.73 | 9092026 | 113.69 | 8172026 | 23 |
| IWO | iShares Russell 2000 Growth ETF | -6.2% | 370.95 | 9092026 | 395.65 | 8162026 | 24 |
| VBK | Vanguard Small-Cap Growth ETF | -6.4% | 342.83 | 9092026 | 366.24 | 8172026 | 23 |
| IJT | iShares S&P Small-Cap 600 Growth ETF | -6.6% | 167.24 | 9092026 | 179.07 | 8042026 | 36 |
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | -6.6% | 111.67 | 9092026 | 119.50 | 8042026 | 36 |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -8.7% | 34.04 | 9092026 | 37.30 | 6222026 | 79 |
| EWY | iShares MSCI South Korea ETF | -13.0% | 190.78 | 9092026 | 219.20 | 6212026 | 80 |
| EWZ | iShares MSCI Brazil ETF | -8.8% | 38.07 | 9092026 | 41.73 | 4142026 | 148 |
| FXI | iShares China Large-Cap ETF | -9.7% | 34.55 | 9092026 | 38.26 | 5132026 | 119 |
| ILF | iShares Latin America 40 ETF | -5.1% | 36.16 | 9092026 | 38.10 | 4142026 | 148 |
| KWEB | KraneShares CSI China Internet ETF | -19.1% | 24.78 | 9092026 | 30.64 | 3162026 | 177 |
| MTUM | iShares MSCI USA Momentum Factor ETF | -10.4% | 309.29 | 9092026 | 345.22 | 6222026 | 79 |
| SPHQ | Invesco S&P 500 Quality ETF | -6.3% | 84.43 | 9092026 | 90.10 | 6302026 | 71 |
| FNDA | Schwab Fundamental U.S. Small Company ETF | -5.2% | 36.50 | 9092026 | 38.52 | 8162026 | 24 |
| SPMO | Invesco S&P 500 Momentum ETF | -7.0% | 150.30 | 9092026 | 161.66 | 6222026 | 79 |
| URA | Global X Uranium ETF | -19.6% | 46.86 | 9092026 | 58.26 | 5062026 | 126 |
| BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | -15.5% | 35.18 | 9092026 | 41.63 | 5132026 | 119 |
| ROBO | ROBO Global Robotics & Automation Index ETF | -12.5% | 79.05 | 9092026 | 90.34 | 6022026 | 99 |
| LIT | Global X Lithium & Battery Tech ETF | -19.5% | 73.77 | 9092026 | 91.62 | 5112026 | 121 |
| ICLN | iShares Global Clean Energy ETF | -24.2% | 18.01 | 9092026 | 23.75 | 6022026 | 99 |
| ARKQ | ARK Autonomous Technology & Robotics ETF | -15.2% | 122.03 | 9092026 | 143.82 | 5282026 | 104 |
| ARKX | ARK Space & Defense Innovation ETF | -15.6% | 31.84 | 9092026 | 37.74 | 5282026 | 104 |
| NASA | Tema Space Innovators ETF | -43.7% | 23.59 | 9092026 | 41.89 | 5272026 | 105 |
| AGIX | KraneShares Artificial Intelligence ETF | -6.4% | 46.22 | 9092026 | 49.40 | 6012026 | 100 |
| DRSK | Aptus Defined Risk ETF | -5.2% | 28.12 | 9092026 | 29.67 | 6012026 | 100 |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -6.0% | 67.05 | 9092026 | 71.30 | 8252026 | 15 |
| XLK | State Street Technology Select Sector SPDR ETF | -5.2% | 187.87 | 9092026 | 198.21 | 6022026 | 99 |
| XLV | State Street Health Care Select Sector SPDR ETF | -5.2% | 166.58 | 9092026 | 175.68 | 8192026 | 21 |
| XLI | State Street Industrial Select Sector SPDR ETF | -7.9% | 171.79 | 9092026 | 186.51 | 8162026 | 24 |
| XLC | State Street Communication Services Select Sector SPDR ETF | -6.9% | 110.83 | 9092026 | 119.10 | 4192026 | 143 |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -7.9% | 112.46 | 9092026 | 122.06 | 5282026 | 104 |
| XLP | State Street Consumer Staples Select Sector SPDR ETF | -5.0% | 83.05 | 9092026 | 87.45 | 8242026 | 16 |
| XLU | State Street Utilities Select Sector SPDR ETF | -8.9% | 42.94 | 9092026 | 47.15 | 4092026 | 153 |
| IYJ | iShares U.S. Industrials ETF | -7.2% | 157.71 | 9092026 | 169.86 | 8042026 | 36 |
| SMH | VanEck Semiconductor ETF | -14.1% | 574.29 | 9092026 | 668.91 | 6222026 | 79 |
| SOXX | iShares Semiconductor ETF | -18.8% | 532.00 | 9092026 | 655.01 | 6222026 | 79 |
| IBB | iShares Biotechnology ETF | -5.3% | 205.49 | 9092026 | 216.96 | 8192026 | 21 |
| XBI | State Street SPDR S&P Biotech ETF | -6.0% | 159.38 | 9092026 | 169.55 | 8192026 | 21 |
| ITA | iShares U.S. Aerospace & Defense ETF | -13.3% | 219.45 | 9092026 | 253.22 | 8162026 | 24 |
| IGV | iShares Expanded Tech-Software Sector ETF | -7.7% | 101.83 | 9092026 | 110.32 | 8272026 | 13 |
| IYT | iShares U.S. Transportation ETF | -9.2% | 81.71 | 9092026 | 90.01 | 7162026 | 55 |
| KRE | State Street SPDR S&P Regional Banking ETF | -5.7% | 73.45 | 9092026 | 77.93 | 8162026 | 24 |
| MISL | First Trust Indxx Aerospace & Defense ETF | -13.6% | 42.50 | 9092026 | 49.19 | 5282026 | 104 |
| RING | iShares MSCI Global Gold Miners ETF | -6.3% | 87.27 | 9092026 | 93.17 | 8252026 | 15 |
| SOXQ | Invesco PHLX Semiconductor ETF | -18.4% | 93.95 | 9092026 | 115.11 | 6222026 | 79 |
| TLT | iShares 20+ Year Treasury Bond ETF | -5.8% | 81.73 | 9092026 | 86.78 | 6292026 | 72 |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | -5.1% | 24.98 | 9092026 | 26.33 | 6292026 | 72 |
| EDV | Vanguard World Funds Extended Duration ETF | -8.6% | 59.82 | 9092026 | 65.43 | 6242026 | 77 |
| SPLB | State Street SPDR Portfolio Long Term Corporate Bond ETF | -5.0% | 21.27 | 9092026 | 22.40 | 6292026 | 72 |
| LMUB | iShares Long-Term National Muni Bond ETF | -5.4% | 48.24 | 9092026 | 51.00 | 7052026 | 66 |
| GSG | iShares GSCI Commodity | -5.8% | 30.01 | 9092026 | 31.85 | 3182026 | 175 |
| GLD | SPDR Gold Trust | -15.3% | 403.35 | 9092026 | 476.24 | 3112026 | 182 |
| IAU | iShares Gold Trust | -16.0% | 81.95 | 9092026 | 97.55 | 3112026 | 182 |
| GLDM | SPDR Gold MiniShares Trust | -15.2% | 87.03 | 9092026 | 102.59 | 3112026 | 182 |
| SGOL | ETFS Physical Swiss Gold Shares | -9.6% | 44.66 | 9092026 | 49.39 | 3112026 | 182 |
| BAR | Direxion Daily Gold Bull 3X Shares | -13.2% | 44.34 | 9092026 | 51.06 | 3112026 | 182 |
| SLV | iShares Silver Trust | -25.2% | 59.37 | 9092026 | 79.35 | 5132026 | 119 |
| PPLT | ETFS Physical Platinum Shares | -13.2% | 17.15 | 9092026 | 19.76 | 3112026 | 182 |
| CPER | United States Copper Index Fund ETV | -7.7% | 33.33 | 9092026 | 36.12 | 3112026 | 182 |
| PALL | ETFS Physical Palladium Shares | -17.7% | 24.57 | 9092026 | 29.85 | 3112026 | 182 |
| UNG | United States Natural Gas Fund LP | -22.6% | 10.09 | 9092026 | 13.04 | 3122026 | 181 |
| BNO | United States Brent Oil Fund LP ETV | -7.1% | 55.85 | 9092026 | 60.13 | 5042026 | 128 |
| VNQ | Vanguard Real Estate ETF | -6.0% | 94.94 | 9092026 | 100.95 | 7282026 | 43 |
| XLRE | State Street Real Estate Select Sector SPDR ETF | -5.7% | 43.41 | 9092026 | 46.01 | 7282026 | 43 |
| SCHH | Schwab U.S. REIT ETF | -6.6% | 23.23 | 9092026 | 24.86 | 7262026 | 45 |
| IYR | iShares U.S. Real Estate ETF | -5.9% | 100.91 | 9092026 | 107.26 | 7282026 | 43 |
| REET | iShares Global REIT ETF | -6.2% | 27.09 | 9092026 | 28.89 | 7262026 | 45 |
| USRT | iShares Core U.S. REIT ETF | -7.4% | 64.65 | 9092026 | 69.82 | 7262026 | 45 |
ETF Fund Flows
Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.
Asset allocation rotation · Past month
- Equity ETFs drew the largest net inflows (+$22.3B), followed by Bond (+$18.1B), while Real Estate (−$459M) saw the largest outflows.
- Within the mix, money rotated into Short Treasury (+$9.2B) and out of US Large Cap Core (−$8.4B).
- Relative to fund size, CNEQ drew the largest inflow (+81.7% of AUM) and SNXX the largest outflow (−39.9%).
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | VOO | Vanguard S&P 500 ETF | +$40.78B | +3.9% |
| 2 | VTI | Vanguard Morningstar Total Stock Market ETF | +$7.67B | +1.1% |
| 3 | SGOV | iShares 0-3 Month Treasury Bond ETF | +$7.02B | +6.7% |
| 4 | VGSH | Vanguard Short-Term Treasury ETF | +$4.7B | +15.2% |
| 5 | GLD | SPDR Gold Shares | +$4.67B | +3.1% |
| 6 | SCHD | Schwab U.S. Dividend Equity ETF | +$3.88B | +3.5% |
| 7 | AVLV | Avantis U.S. Large Cap Value ETF | +$3.82B | +17.7% |
| 8 | VXUS | Vanguard Total International Stock ETF | +$3.1B | +1.9% |
| 9 | BND | Vanguard Total Bond Market ETF | +$2.88B | +1.8% |
| 10 | RSP | Invesco S&P 500 Equal Weight ETF | +$2.83B | +2.8% |
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 ETF | -$46.35B | -5.2% |
| 2 | SPYM | State Street SPDR Portfolio S&P 500 ETF | -$4.8B | -2.8% |
| 3 | XLF | State Street Financial Select Sector SPDR ETF | -$3.44B | -6.2% |
| 4 | QQQ | Invesco QQQ Trust, Series 1 | -$3.05B | -0.6% |
| 5 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -$2.87B | -8.7% |
| 6 | VGIT | Vanguard Intermediate-Term Treasury ETF | -$2.57B | -6.0% |
| 7 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -$2.45B | -14.9% |
| 8 | DRAM | Roundhill Memory ETF | -$1.99B | -7.6% |
| 9 | GOVT | iShares U.S. Treasury Bond ETF | -$1.85B | -4.2% |
| 10 | IWM | iShares Russell 2000 ETF | -$1.1B | -1.3% |
Largest ETF fund flows across ~2637 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.
About VCLT
| Holdings Count: 257Expense Ratio: 0.03%Inception Date: 2009-11-19 | Vanguard Long-Term Corporate Bond ETFThis ETF is designed to provide investors with a substantial and consistent flow of current income. Its portfolio primarily consists of high-quality, investment-grade corporate debt instruments. The fund targets an average maturity for its bond holdings, weighted by their market value, that typically falls within a range of ten to twenty-five years.Asset Class: Core Investment Grade Bond | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Profile
| Median | |
|---|---|
| Name | |
| Asset Class | - |
| AUM ($ Bil) | 2.9 |
| Expense Ratio | 0.04% |
| 10-D Avg Volume (Mil) | 2.77 |
| Latest Day Volume (Mil) | 0.49 |
| Holdings Count | 2,954 |
| Inception Date | - |
Fundamentals
| Median | |
|---|---|
| Name | |
| Net Asset Value | - |
| Premium/Discount | -0.0% |
| Distribution Yield | 5.7% |
| Sales Yield | - |
| Earnings Yield | - |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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