Tearsheet

Key Takeaways

  • VGLT has returned +1.0% YTD vs +9.8% for SPY, +0.3% for AGG; +5.0% over the past 12 months (SPY +26.7%, AGG +4.4%). details →
  • Priced in gold, VGLT has returned -55.1% over the past 3 years, vs -1.9% in dollars. details →
  • Over the past month, VGLT has seen net inflows of +$256M (+2.5% of assets). details →
  • VGLT yields 4.54% based on its trailing 12-month distributions.
  • Risk-adjusted returns trail AGG: 3-year Sharpe ratio of -0.3 vs 0.0. details →
Last updated: 6/20/2026.

Price Chart

Asset Allocation with VGLT

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.4%
Volatility
11.3%
Sharpe
0.77
YTD
+6.3%
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.

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

Top 20 Holdings for VGLT

Total Weights
Top 5: 10.9% | Top 10: 21.4% | Top 20: 36.6%

HoldingETF Weight
912810UR7United States Treasury Note/Bond 4.75% 02/15/20562.20%
912810UM8United States Treasury Note/Bond 4.75% 08/15/20552.19%
912810UK2United States Treasury Note/Bond 4.75% 05/15/20552.19%
912810UA4United States Treasury Note/Bond 4.63% 05/15/20542.17%
912810UP1United States Treasury Note/Bond 4.63% 11/15/20552.15%
912810UG1United States Treasury Note/Bond 4.63% 02/15/20552.15%
912810TV0United States Treasury Note/Bond 4.75% 11/15/20532.13%
912810UE6United States Treasury Note/Bond 4.50% 11/15/20542.12%
912810UC0United States Treasury Note/Bond 4.25% 08/15/20542.05%
912810TX6United States Treasury Note/Bond 4.25% 02/15/20542.04%
912810TT5United States Treasury Note/Bond 4.13% 08/15/20531.83%
912810TL2United States Treasury Note/Bond 4.00% 11/15/20521.62%
912810TA6United States Treasury Note/Bond 1.75% 08/15/20411.55%
912810TR9United States Treasury Note/Bond 3.63% 05/15/20531.53%
912810SX7United States Treasury Note/Bond 2.38% 05/15/20511.53%
912810TN8United States Treasury Note/Bond 3.63% 02/15/20531.50%
912810UL0United States Treasury Note/Bond 5.00% 05/15/20451.43%
912810UN6United States Treasury Note/Bond 4.88% 08/15/20451.40%
912810TC2United States Treasury Note/Bond 2.00% 11/15/20411.39%
912810SZ2United States Treasury Note/Bond 2.00% 08/15/20511.39%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VGLT Return-5%-29%3%-6%5%1%-31%
Peers Return-5%-31%3%-8%4%0%-35%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
VGLT Win Rate42%17%50%58%58%50% 
Peers Win Rate46%17%46%58%52%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
VGLT Max Drawdown-14%-35%-21%-12%-8%-7% 
Peers Max Drawdown-15%-37%-23%-13%-10%-8% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TLT, SPTL, TLH, EDV.
[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 6/18/2026 (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
VGLT0.05-0.34-0.53
Bond Top Results (3Y)   
USHY0.860.960.14
SHYG0.820.930.25
JNK0.890.880.06
HYG0.700.860.08
SPSB0.170.61-0.43

Results as of 5312026.

How Low Can It Go

EventVGLTS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-16.0%-9.5%
  % Gain to Breakeven19.1%10.5%
  Time to Breakeven56 days24 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-14.3%-3.7%
  % Gain to Breakeven16.7%3.9%
  Time to Breakeven895 days6 days
2013 Taper Tantrum
  % Loss-15.3%-0.2%
  % Gain to Breakeven18.0%0.2%
  Time to Breakeven373 days1 days

Compare to TLT, SPTL, TLH, EDV

In The Past

Vanguard Long-Term Treasury ETF's stock fell -3.2% during the 2025 US Tariff Shock. Such a loss loss requires a 3.3% 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.

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Compare to TLT, SPTL, TLH, EDV

In The Past

Vanguard Long-Term Treasury ETF's stock fell -3.2% during the 2025 US Tariff Shock. Such a loss loss requires a 3.3% 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.

VGLT Dip Buy History


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Alerts when dip buy opportunities arise.
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Current Dip Buy Opportunities Across ETFs

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

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
MAGSRoundhill Magnificent Seven ETF-7.8%65.44620202670.94514202637
AKREAkre Focus ETF-20.2%53.15620202666.591062026165
EWZiShares MSCI Brazil ETF-19.2%33.73620202641.73414202667
FXIiShares China Large-Cap ETF-18.3%33.30620202640.781292026142
ILFiShares Latin America 40 ETF-11.0%33.90620202638.10414202667
KWEBKraneShares CSI China Internet ETF-33.0%25.24620202637.661122026159
SCHYSchwab International Dividend Equity ETF-5.2%31.97620202633.733012026111
COWZPacer US Cash Cows 100 ETF-5.6%61.80620202665.48601202619
URAGlobal X Uranium ETF-22.7%47.78620202661.811282026143
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-7.8%38.37620202641.63513202638
LITGlobal X Lithium & Battery Tech ETF-10.3%82.15620202691.62511202640
ICLNiShares Global Clean Energy ETF-11.2%21.10620202623.75602202618
ARKQARK Autonomous Technology & Robotics ETF-7.4%133.176202026143.82528202623
ARKWARK Next Generation Internet ETF-5.9%146.636202026155.7812222025180
ARKXARK Space & Defense Innovation ETF-8.4%34.56620202637.74528202623
NASATema Space Innovators ETF-25.4%31.25620202641.89527202624
CGBLCapital Group Core Balanced ETF-6.2%34.41620202636.672252026115
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-9.1%63.98620202670.39511202640
RAAXVanEck Real Assets ETF-6.3%40.03620202642.70511202640
XLVState Street Health Care Select Sector SPDR ETF-6.4%149.406202026159.543012026111
XLEState Street Energy Select Sector SPDR ETF-14.1%53.77620202662.56329202683
XLCState Street Communication Services Select Sector SPDR ETF-8.6%109.456202026119.702012026139
XLYState Street Consumer Discretionary Select Sector SPDR ETF-5.7%117.166202026124.271122026159
XLPState Street Consumer Staples Select Sector SPDR ETF-6.9%83.30620202689.513012026111
XLUState Street Utilities Select Sector SPDR ETF-5.6%44.76620202647.403012026111
VHTVanguard Health Care ETF-5.3%280.416202026296.161072026164
FXNFirst Trust Energy AlphaDEX Fund-13.0%20.17620202623.18329202683
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-18.5%153.366202026188.18329202683
IGViShares Expanded Tech-Software Sector ETF-18.2%89.096202026108.9512222025180
MISLFirst Trust Indxx Aerospace & Defense ETF-9.0%46.40620202650.981192026152
RINGiShares MSCI Global Gold Miners ETF-28.2%71.35620202699.423012026111
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-12.7%16.50620202618.91512202639
DBCInvesco DB Commodity Index Tracking Fund-12.8%27.63620202631.69512202639
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-14.1%31.37620202636.53519202632
GSGiShares GSCI Commodity-5.8%30.01620202631.85318202694
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-11.5%22.94620202625.91512202639
FTGCFirst Trust Global Tactical Commodity Strategy Fund-9.6%27.59620202630.53512202639
HGERHarbor Commodity All-Weather Strategy ETF-10.6%29.91620202633.47512202639
GLDSPDR Gold Trust-21.9%387.126202026495.901292026142
IAUiShares Gold Trust-21.9%79.336202026101.571292026142
GLDMSPDR Gold MiniShares Trust-21.9%83.446202026106.771292026142
SGOLETFS Physical Swiss Gold Shares-13.1%44.66620202651.411292026142
BARDirexion Daily Gold Bull 3X Shares-16.6%44.34620202653.161292026142
SLViShares Silver Trust-43.6%59.516202026105.601282026143
SIVRETFS Physical Silver Shares Trust ETF-24.8%83.396202026110.871282026143
PPLTETFS Physical Platinum Shares-39.1%15.37620202625.231252026146
CPERUnited States Copper Index Fund ETV-13.9%33.33620202638.711292026142
PALLETFS Physical Palladium Shares-37.5%23.23620202637.181282026143
USOUnited States Oil Fund LP-24.9%114.876202026152.96519202632
UNGUnited States Natural Gas Fund LP-30.5%11.74620202616.902012026139
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85620202660.13504202647
IBITiShares Bitcoin Trust ETF-35.8%35.62620202655.441142026157
FBTCFidelity Wise Origin Bitcoin Fund-35.7%54.77620202685.121142026157
GBTCGrayscale Bitcoin Trust ETF-19.0%61.84620202676.311142026157
ETHAiShares Ethereum Trust ETF-49.7%12.88620202625.591142026157

ETF Fund Flows

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

Net fund flows · as of 2026-06-18

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$96.3B), followed by Bond (+$25.3B), while Crypto (−$4.3B) and Commodity (−$3.9B) saw the largest outflows.
  • Within the mix, money rotated into US Large Cap Core (+$35.8B) and out of Emerging Markets (−$4.6B).
  • Relative to fund size, NASA drew the largest inflow (+80.3% of AUM) and THRO the largest outflow (−35.6%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$12.86B+1.3%
2IVViShares Core S&P 500 ETFEquity US Large Cap Core+$9.29B+1.1%
3SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$6.68B+4.6%
4SPYState Street SPDR S&P 500 ETF TrustEquity US Large Cap Core+$6.33B+0.8%
5DRAMRoundhill Memory ETFOther+$6.19B+39.4%
6VTIVanguard Total Stock Market ETFEquity US Total Market+$5.88B+0.9%
7VOVanguard Mid-Cap ETFEquity US Mid Cap Core+$5.78B+5.6%
8QQQMInvesco NASDAQ 100 ETFEquity US Nasdaq Growth+$5.3B+5.5%
9IUSBiShares Core Universal USD Bond ETFBond Core Plus Multisector+$5.25B+12.6%
10SGOViShares 0-3 Month Treasury Bond ETFCash+$4.88B+5.2%
Largest outflows
#TickerNameTypeNet flow% of AUM
1QUALiShares MSCI USA Quality Factor ETFEquity Factor Smart Beta-$7.08B-15.4%
2EFViShares MSCI EAFE Value ETFEquity International Developed Broad-$5.61B-21.5%
3TLTiShares 20+ Year Treasury Bond ETFBond Long Treasury-$3.33B-8.1%
4IBITiShares Bitcoin Trust ETFCrypto-$3.0B-5.9%
5IAGGiShares Core International Aggregate Bond ETFBond International-$2.77B-24.7%
6IVEiShares S&P 500 Value ETFEquity US Large Value-$2.63B-5.5%
7THROiShares U.S. Thematic Rotation Active ETFEquity Thematic-$2.39B-35.6%
8GLDSPDR Gold SharesCommodity Gold-$2.29B-1.6%
9XLEState Street Energy Select Sector SPDR ETFEquity Broad Sector-$1.35B-3.4%
10IAUiShares Gold TrustCommodity Gold-$1.2B-1.8%

Largest ETF fund flows across ~2566 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 VGLT

0Holdings Count: 69
Expense Ratio: 0.03%
Inception Date: 2009-11-19
Vanguard Long-Term Treasury ETF
Designed to offer significant and steady current income, this ETF primarily invests in U.S. government bonds. Its holdings maintain an average dollar-weighted maturity spanning 10 to 25 years.
Asset Class: Government Bond | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
Asset ClassBondBondBondBondBond-
AUM ($ Bil)14.841.310.411.24.311.2
Expense Ratio0.03%0.15%0.03%0.15%0.05%0.05%
10-D Avg Volume (Mil)2.0527.866.831.441.182.05
Latest Day Volume (Mil)0.9011.032.240.340.510.90
Holdings Count6946106597569
Inception Date11/19/20097/22/20025/23/20071/5/200712/6/2007-

Fundamentals

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
Net Asset Value55.2886.6726.15100.4065.27-
Premium/Discount0.1%0.1%0.6%0.1%0.5%0.1%
Distribution Yield4.5%4.5%4.2%4.4%4.8%4.5%
Sales Yield------
Earnings Yield------

Valuation

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
P/S (TTM)------
P/E (TTM)------
P/FCF (TTM)------
Forward P/E------
Forward P/S------

Risk

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
Volatility (1Y)8.6%9.5%8.6%7.8%14.4%8.6%
Volatility (3Y)12.6%13.9%12.6%11.2%20.0%12.6%
Volatility (5Y)14.5%15.8%14.6%12.7%21.6%14.6%
Beta (1Y)0.140.150.150.140.200.15
Beta (3Y)0.120.140.120.100.200.12
Beta (5Y)0.050.060.060.060.090.06
Sharpe Ratio (1Y)0.120.060.080.080.130.08
Sharpe Ratio (3Y)-0.27-0.32-0.28-0.22-0.32-0.28
Sharpe Ratio (5Y)-0.55-0.57-0.56-0.54-0.54-0.55
Max Drawdown (1Y)-7.0%-7.6%-7.0%-6.5%-12.5%-7.0%
Max Drawdown (3Y)-17.7%-19.2%-17.5%-15.4%-27.0%-17.7%
Max Drawdown (5Y)-41.0%-43.7%-41.0%-35.4%-55.0%-41.0%

Returns

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
1M Return4.4%4.5%4.1%3.4%8.0%4.4%
3M Return0.3%-0.1%-0.1%-0.2%0.6%-0.1%
6M Return0.9%0.6%0.5%0.3%1.3%0.6%
YTD Return1.0%1.0%0.7%0.3%2.1%1.0%
1Y Return5.0%4.5%4.7%4.6%5.1%4.7%
2Y Return2.6%0.3%2.3%4.2%-4.9%2.3%
3Y Return0.1%-3.4%-0.1%3.6%-11.8%-0.1%

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity1.9 Mil
Short Interest: % Change Since 51520264.5%
Average Daily Volume2.8 Mil
Days-to-Cover Short Interest1