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 →
Last updated: 9/9/2026.

Price Chart

Asset Allocation with VCLT

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.7%
Volatility
12.3%
Sharpe
0.73
YTD
+8.3%
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: 1.7% | Top 10: 2.9% | Top 20: 5.0%

HoldingETF Weight
CMT001142MKTLIQ 12/31/20490.51%
03522AAJ9Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/20460.37%
126650CZ1CVS Health Corp 5.05% 03/25/20480.33%
30303MAE2Meta Platforms Inc 5.63% 11/15/20550.28%
097023CW3Boeing Co/The 5.80% 05/01/20500.26%
126650CY4CVS Health Corp 4.78% 03/25/20380.24%
00206RLJ9AT&T Inc 3.55% 09/15/20550.24%
00206RKJ0AT&T Inc 3.50% 09/15/20530.23%
38141GFD1Goldman Sachs Group Inc/The 6.75% 10/01/20370.22%
06051GJA8Bank of America Corp 4.08% 03/20/20510.22%
716973AG7Pfizer Investment Enterprises Pte Ltd 5.30% 05/19/20530.22%
68389XEB7Oracle Corp 6.70% 02/04/20560.22%
031162DT4Amgen Inc 5.65% 03/02/20530.22%
30303M8X3Meta Platforms Inc 5.50% 11/15/20450.21%
023135DH6Amazon.com Inc 5.80% 03/13/20560.21%
00206RLV2AT&T Inc 3.65% 09/15/20590.20%
00206RMN9AT&T Inc 3.80% 12/01/20570.20%
30303M8Y1Meta Platforms Inc 5.75% 11/15/20650.20%
06051GJE0Bank of America Corp 2.68% 06/19/20410.19%
02079KBA4Alphabet Inc 5.45% 11/15/20550.19%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VCLT Return-2%-26%11%-2%7%-2%-16%
Peers Return-2%-26%11%-2%7%-3%-16%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
VCLT Win Rate50%25%50%58%58%67% 
Peers Win Rate50%25%50%58%58%67% 
S&P 500 Win Rate75%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.

Ticker1Y3Y5Y
VCLT-0.38-0.01-0.49
Bond Top Results (3Y)   
USHY0.210.840.08
SHYG0.220.790.22
JNK0.230.750.01
HYG0.090.750.02
SPSB-0.810.54-0.46

Results as of 8312026.

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


Get Notified
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
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF-5.2%158.299092026167.03813202627
IJHiShares Core S&P Mid-Cap ETF-5.2%74.56909202678.67816202624
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-5.2%679.659092026716.91816202624
IVOOVanguard S&P Mid-Cap 400 ETF-5.2%126.199092026133.08816202624
IJRiShares Core S&P Small-Cap ETF-5.1%142.709092026150.44816202624
SCHASchwab U.S. Small-Cap ETF-5.6%34.10909202636.13630202671
NUSCNuveen ESG Small-Cap ETF-5.6%50.29909202653.27816202624
AKREAkre Focus ETF-7.7%57.11909202661.85830202610
IWPiShares Russell Mid-Cap Growth ETF-6.3%138.459092026147.70817202623
VOTVanguard Mid-Cap Growth ETF-5.7%296.139092026314.02816202624
IJKiShares S&P Mid-Cap 400 Growth ETF-6.1%111.859092026119.11817202623
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-6.1%106.739092026113.69817202623
IWOiShares Russell 2000 Growth ETF-6.2%370.959092026395.65816202624
VBKVanguard Small-Cap Growth ETF-6.4%342.839092026366.24817202623
IJTiShares S&P Small-Cap 600 Growth ETF-6.6%167.249092026179.07804202636
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-6.6%111.679092026119.50804202636
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-8.7%34.04909202637.30622202679
EWYiShares MSCI South Korea ETF-13.0%190.789092026219.20621202680
EWZiShares MSCI Brazil ETF-8.8%38.07909202641.734142026148
FXIiShares China Large-Cap ETF-9.7%34.55909202638.265132026119
ILFiShares Latin America 40 ETF-5.1%36.16909202638.104142026148
KWEBKraneShares CSI China Internet ETF-19.1%24.78909202630.643162026177
MTUMiShares MSCI USA Momentum Factor ETF-10.4%309.299092026345.22622202679
SPHQInvesco S&P 500 Quality ETF-6.3%84.43909202690.10630202671
FNDASchwab Fundamental U.S. Small Company ETF-5.2%36.50909202638.52816202624
SPMOInvesco S&P 500 Momentum ETF-7.0%150.309092026161.66622202679
URAGlobal X Uranium ETF-19.6%46.86909202658.265062026126
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-15.5%35.18909202641.635132026119
ROBOROBO Global Robotics & Automation Index ETF-12.5%79.05909202690.34602202699
LITGlobal X Lithium & Battery Tech ETF-19.5%73.77909202691.625112026121
ICLNiShares Global Clean Energy ETF-24.2%18.01909202623.75602202699
ARKQARK Autonomous Technology & Robotics ETF-15.2%122.039092026143.825282026104
ARKXARK Space & Defense Innovation ETF-15.6%31.84909202637.745282026104
NASATema Space Innovators ETF-43.7%23.59909202641.895272026105
AGIXKraneShares Artificial Intelligence ETF-6.4%46.22909202649.406012026100
DRSKAptus Defined Risk ETF-5.2%28.12909202629.676012026100
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-6.0%67.05909202671.30825202615
XLKState Street Technology Select Sector SPDR ETF-5.2%187.879092026198.21602202699
XLVState Street Health Care Select Sector SPDR ETF-5.2%166.589092026175.68819202621
XLIState Street Industrial Select Sector SPDR ETF-7.9%171.799092026186.51816202624
XLCState Street Communication Services Select Sector SPDR ETF-6.9%110.839092026119.104192026143
XLYState Street Consumer Discretionary Select Sector SPDR ETF-7.9%112.469092026122.065282026104
XLPState Street Consumer Staples Select Sector SPDR ETF-5.0%83.05909202687.45824202616
XLUState Street Utilities Select Sector SPDR ETF-8.9%42.94909202647.154092026153
IYJiShares U.S. Industrials ETF-7.2%157.719092026169.86804202636
SMHVanEck Semiconductor ETF-14.1%574.299092026668.91622202679
SOXXiShares Semiconductor ETF-18.8%532.009092026655.01622202679
IBBiShares Biotechnology ETF-5.3%205.499092026216.96819202621
XBIState Street SPDR S&P Biotech ETF-6.0%159.389092026169.55819202621
ITAiShares U.S. Aerospace & Defense ETF-13.3%219.459092026253.22816202624
IGViShares Expanded Tech-Software Sector ETF-7.7%101.839092026110.32827202613
IYTiShares U.S. Transportation ETF-9.2%81.71909202690.01716202655
KREState Street SPDR S&P Regional Banking ETF-5.7%73.45909202677.93816202624
MISLFirst Trust Indxx Aerospace & Defense ETF-13.6%42.50909202649.195282026104
RINGiShares MSCI Global Gold Miners ETF-6.3%87.27909202693.17825202615
SOXQInvesco PHLX Semiconductor ETF-18.4%93.959092026115.11622202679
TLTiShares 20+ Year Treasury Bond ETF-5.8%81.73909202686.78629202672
SPTLState Street SPDR Portfolio Long Term Treasury ETF-5.1%24.98909202626.33629202672
EDVVanguard World Funds Extended Duration ETF-8.6%59.82909202665.43624202677
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.0%21.27909202622.40629202672
LMUBiShares Long-Term National Muni Bond ETF-5.4%48.24909202651.00705202666
GSGiShares GSCI Commodity-5.8%30.01909202631.853182026175
GLDSPDR Gold Trust-15.3%403.359092026476.243112026182
IAUiShares Gold Trust-16.0%81.95909202697.553112026182
GLDMSPDR Gold MiniShares Trust-15.2%87.039092026102.593112026182
SGOLETFS Physical Swiss Gold Shares-9.6%44.66909202649.393112026182
BARDirexion Daily Gold Bull 3X Shares-13.2%44.34909202651.063112026182
SLViShares Silver Trust-25.2%59.37909202679.355132026119
PPLTETFS Physical Platinum Shares-13.2%17.15909202619.763112026182
CPERUnited States Copper Index Fund ETV-7.7%33.33909202636.123112026182
PALLETFS Physical Palladium Shares-17.7%24.57909202629.853112026182
UNGUnited States Natural Gas Fund LP-22.6%10.09909202613.043122026181
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85909202660.135042026128
VNQVanguard Real Estate ETF-6.0%94.949092026100.95728202643
XLREState Street Real Estate Select Sector SPDR ETF-5.7%43.41909202646.01728202643
SCHHSchwab U.S. REIT ETF-6.6%23.23909202624.86726202645
IYRiShares U.S. Real Estate ETF-5.9%100.919092026107.26728202643
REETiShares Global REIT ETF-6.2%27.09909202628.89726202645
USRTiShares Core U.S. REIT ETF-7.4%64.65909202669.82726202645

ETF Fund Flows

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

Net fund flows · as of 2026-09-09

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%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$40.78B+3.9%
2VTIVanguard Morningstar Total Stock Market ETFEquity US Total Market+$7.67B+1.1%
3SGOViShares 0-3 Month Treasury Bond ETFCash+$7.02B+6.7%
4VGSHVanguard Short-Term Treasury ETFBond Short Treasury+$4.7B+15.2%
5GLDSPDR Gold SharesCommodity Gold+$4.67B+3.1%
6SCHDSchwab U.S. Dividend Equity ETFEquity Dividend Income+$3.88B+3.5%
7AVLVAvantis U.S. Large Cap Value ETFOther+$3.82B+17.7%
8VXUSVanguard Total International Stock ETFEquity International Broad+$3.1B+1.9%
9BNDVanguard Total Bond Market ETFBond US Aggregate Core+$2.88B+1.8%
10RSPInvesco S&P 500 Equal Weight ETFEquity Factor Smart Beta+$2.83B+2.8%
Largest outflows
#TickerNameTypeNet flow% of AUM
1IVViShares Core S&P 500 ETFEquity US Large Cap Core-$46.35B-5.2%
2SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core-$4.8B-2.8%
3XLFState Street Financial Select Sector SPDR ETFEquity Broad Sector-$3.44B-6.2%
4QQQInvesco QQQ Trust, Series 1Equity US Nasdaq Growth-$3.05B-0.6%
5LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate-$2.87B-8.7%
6VGITVanguard Intermediate-Term Treasury ETFBond Intermediate Treasury-$2.57B-6.0%
7HYGiShares iBoxx $ High Yield Corporate Bond ETFBond High Yield Corporate-$2.45B-14.9%
8DRAMRoundhill Memory ETFOther-$1.99B-7.6%
9GOVTiShares U.S. Treasury Bond ETFBond Intermediate Treasury-$1.85B-4.2%
10IWMiShares Russell 2000 ETFEquity US Small Cap Core-$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.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About VCLT

0Holdings Count: 257
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)9.61.22.92.9
Expense Ratio0.03%0.04%0.04%0.04%
10-D Avg Volume (Mil)4.592.771.752.77
Latest Day Volume (Mil)0.630.490.280.49
Holdings Count2572,9543,8132,954
Inception Date11/19/20093/10/200912/7/2009-

Fundamentals

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
Net Asset Value71.5921.2847.62-
Premium/Discount-0.2%-0.0%0.0%-0.0%
Distribution Yield5.7%5.7%5.5%5.7%
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)7.7%7.9%7.7%7.7%
Volatility (3Y)10.6%10.6%10.4%10.6%
Volatility (5Y)12.7%12.7%12.4%12.7%
Beta (1Y)0.270.280.270.27
Beta (3Y)0.260.250.250.25
Beta (5Y)0.270.270.270.27
Sharpe Ratio (1Y)-0.33-0.40-0.36-0.36
Sharpe Ratio (3Y)0.400.390.420.40
Sharpe Ratio (5Y)-0.21-0.22-0.21-0.21
Max Drawdown (1Y)-5.9%-5.9%-5.6%-5.9%
Max Drawdown (3Y)-9.6%-9.6%-9.4%-9.6%
Max Drawdown (5Y)-34.3%-34.5%-34.1%-34.3%

Returns

VCLTSPLBIGLBMedian
NameVanguard L.State Stre.iShares 10. 
1M Return0.1%-0.4%-0.4%-0.4%
3M Return-2.9%-3.4%-3.2%-3.2%
6M Return-2.9%-3.4%-3.3%-3.3%
YTD Return-2.2%-2.8%-2.6%-2.6%
1Y Return-2.8%-3.3%-3.0%-3.0%
2Y Return-0.6%-1.3%-0.6%-0.6%
3Y Return12.0%11.5%12.3%12.0%

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity7.5 Mil
Short Interest: % Change Since 7312026-13.2%
Average Daily Volume3.3 Mil
Days-to-Cover Short Interest2.3 days