Vanguard Long-Term Treasury ETF (VGLT)


Market Price (9/20/2026): $52.07

Vanguard Long-Term Treasury ETF (VGLT)


Market Price (9/20/2026): $52.07

Key Takeaways

  • VGLT has returned -3.8% YTD vs +12.3% for SPY, -1.7% for AGG; -3.8% over the past 12 months (SPY +15.7%, AGG -0.8%). details →
  • Priced in gold, VGLT has returned -55.0% over the past 3 years, vs +2.1% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, VGLT has seen net inflows of +$151M (+1.4% of assets). details →
  • VGLT yields 4.85% 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: 9/19/2026.

Price Chart

Asset Allocation with VGLT

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.0%
Volatility
11.4%
Sharpe
0.73
YTD
+8.0%
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 VGLT

Total Weights
Top 5: 10.6% | Top 10: 20.8% | Top 20: 36.2%

HoldingETF Weight
912810UU0United States Treasury Note/Bond 5.00% 05/15/20562.18%
912810UM8United States Treasury Note/Bond 4.75% 08/15/20552.13%
912810UK2United States Treasury Note/Bond 4.75% 05/15/20552.12%
912810UR7United States Treasury Note/Bond 4.75% 02/15/20562.09%
912810TV0United States Treasury Note/Bond 4.75% 11/15/20532.09%
912810UG1United States Treasury Note/Bond 4.63% 02/15/20552.08%
912810UP1United States Treasury Note/Bond 4.63% 11/15/20552.08%
912810UA4United States Treasury Note/Bond 4.63% 05/15/20542.04%
912810UE6United States Treasury Note/Bond 4.50% 11/15/20542.00%
912810TX6United States Treasury Note/Bond 4.25% 02/15/20542.00%
912810UC0United States Treasury Note/Bond 4.25% 08/15/20541.96%
912810TT5United States Treasury Note/Bond 4.13% 08/15/20531.80%
912810TL2United States Treasury Note/Bond 4.00% 11/15/20521.59%
912810TA6United States Treasury Note/Bond 1.75% 08/15/20411.51%
912810TN8United States Treasury Note/Bond 3.63% 02/15/20531.48%
912810TR9United States Treasury Note/Bond 3.63% 05/15/20531.48%
912810SX7United States Treasury Note/Bond 2.38% 05/15/20511.42%
912810UL0United States Treasury Note/Bond 5.00% 05/15/20451.40%
912810TW8United States Treasury Note/Bond 4.75% 11/15/20431.37%
912810SW9United States Treasury Note/Bond 1.88% 02/15/20411.37%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VGLT Return-5%-29%3%-6%5%-3%-34%
Peers Return-5%-31%3%-8%4%-4%-38%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
VGLT Win Rate42%17%50%58%58%44% 
Peers Win Rate46%17%46%58%52%47% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
VGLT Max Drawdown-14%-35%-21%-12%-8%-8% 
Peers Max Drawdown-15%-37%-23%-13%-10%-10% 
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 9/18/2026 (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
VGLT-0.44-0.28-0.68
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

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


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-5.6%157.729192026167.03813202637
IJHiShares Core S&P Mid-Cap ETF-7.2%72.98919202678.67816202634
VOVanguard Mid-Cap ETF-5.3%80.00919202684.46816202634
IWRiShares Russell Mid-Cap ETF-5.8%108.219192026114.82816202634
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-7.0%666.689192026716.91816202634
SCHMSchwab U.S. Mid-Cap ETF-5.5%34.85919202636.87630202681
IVOOVanguard S&P Mid-Cap 400 ETF-6.9%123.969192026133.08816202634
IJRiShares Core S&P Small-Cap ETF-7.7%138.909192026150.44816202634
VBVanguard Small-Cap ETF-6.4%289.619192026309.29816202634
IWMiShares Russell 2000 ETF-6.9%284.109192026305.09816202634
SCHASchwab U.S. Small-Cap ETF-7.4%33.44919202636.13630202681
VTWOVanguard Russell 2000 ETF-6.6%115.169192026123.31816202634
DFASDimensional U.S. Small Cap ETF-6.4%79.11919202684.48816202634
ESMLiShares ESG Aware MSCI USA Small-Cap ETF-6.5%52.95919202656.64816202634
NUSCNuveen ESG Small-Cap ETF-6.9%49.57919202653.27816202634
AKREAkre Focus ETF-10.0%55.69919202661.85830202620
IWPiShares Russell Mid-Cap Growth ETF-7.2%137.089192026147.70817202633
VOTVanguard Mid-Cap Growth ETF-6.9%292.259192026314.02816202634
IJKiShares S&P Mid-Cap 400 Growth ETF-7.8%109.819192026119.11817202633
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-7.7%104.949192026113.69817202633
IWOiShares Russell 2000 Growth ETF-8.5%362.099192026395.65816202634
VBKVanguard Small-Cap Growth ETF-7.6%338.369192026366.24817202633
IJTiShares S&P Small-Cap 600 Growth ETF-9.0%163.019192026179.07804202646
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-8.7%109.089192026119.50804202646
IWSiShares Russell Mid-Cap Value ETF-5.3%164.189192026173.44816202634
IJJiShares S&P Mid-Cap 400 Value ETF-6.7%141.529192026151.67816202634
MDYVState Street SPDR S&P 400 Mid Cap Value ETF-6.2%91.40919202697.39816202634
VBRVanguard Small-Cap Value ETF-5.5%237.749192026251.66816202634
AVUVAvantis U.S. Small Cap Value ETF-5.3%121.969192026128.74804202646
IWNiShares Russell 2000 Value ETF-5.2%215.589192026227.43816202634
IJSiShares S&P Small-Cap 600 Value ETF-6.6%131.359192026140.68816202634
SLYVState Street SPDR S&P 600 Small Cap Value ETF-6.2%105.249192026112.22816202634
VIOVVanguard S&P Small-Cap 600 Value ETF-6.3%113.139192026120.76816202634
VGKVanguard FTSE Europe ETF-5.1%88.21919202692.96825202625
IEMGiShares Core MSCI Emerging Markets ETF-5.0%81.66919202686.00622202689
EEMiShares MSCI Emerging Markets ETF-5.9%67.03919202671.21622202689
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-9.5%33.77919202637.30622202689
EWYiShares MSCI South Korea ETF-17.3%181.319192026219.20621202690
EWZiShares MSCI Brazil ETF-10.1%37.52919202641.734142026158
FXIiShares China Large-Cap ETF-10.3%34.32919202638.265132026129
ILFiShares Latin America 40 ETF-8.0%35.04919202638.104142026158
KWEBKraneShares CSI China Internet ETF-18.8%24.83919202630.595132026129
SDYState Street SPDR S&P Dividend ETF-5.3%150.789192026159.18824202626
NOBLProShares S&P 500 Dividend Aristocrats ETF-5.8%55.66919202659.07824202626
MTUMiShares MSCI USA Momentum Factor ETF-10.3%309.629192026345.22622202689
SPHQInvesco S&P 500 Quality ETF-6.8%83.93919202690.10630202681
FNDASchwab Fundamental U.S. Small Company ETF-7.1%35.79919202638.52816202634
SPMOInvesco S&P 500 Momentum ETF-7.7%149.219192026161.66622202689
URAGlobal X Uranium ETF-28.5%41.65919202658.265062026136
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-15.7%35.11919202641.635132026129
ROBOROBO Global Robotics & Automation Index ETF-13.1%78.50919202690.346022026109
LITGlobal X Lithium & Battery Tech ETF-23.1%70.50919202691.625112026131
ICLNiShares Global Clean Energy ETF-26.1%17.56919202623.756022026109
ARKQARK Autonomous Technology & Robotics ETF-15.0%122.209192026143.825282026114
ARKXARK Space & Defense Innovation ETF-14.9%32.12919202637.745282026114
NASATema Space Innovators ETF-42.9%23.94919202641.895272026115
AGIXKraneShares Artificial Intelligence ETF-5.8%46.55919202649.406012026110
DRSKAptus Defined Risk ETF-6.3%27.81919202629.676012026110
YYYAmplify CEF High Income ETF-6.3%10.83919202611.56712202669
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-6.3%66.78919202671.30825202625
XLIState Street Industrial Select Sector SPDR ETF-9.0%169.759192026186.51816202634
XLCState Street Communication Services Select Sector SPDR ETF-7.0%110.819192026119.104192026153
XLYState Street Consumer Discretionary Select Sector SPDR ETF-9.0%111.039192026122.065282026114
XLPState Street Consumer Staples Select Sector SPDR ETF-5.3%82.80919202687.45824202626
XLUState Street Utilities Select Sector SPDR ETF-12.8%41.10919202647.154092026163
XLBState Street Materials Select Sector SPDR ETF-6.9%49.99919202653.67826202624
IYJiShares U.S. Industrials ETF-8.3%155.729192026169.86804202646
IYMiShares U.S. Basic Materials ETF-7.2%182.379192026196.45825202625
SMHVanEck Semiconductor ETF-14.3%573.009192026668.91622202689
SOXXiShares Semiconductor ETF-18.6%533.079192026655.01622202689
IBBiShares Biotechnology ETF-5.7%204.569192026216.96819202631
XBIState Street SPDR S&P Biotech ETF-7.6%156.729192026169.55819202631
ITAiShares U.S. Aerospace & Defense ETF-15.6%213.849192026253.22816202634
IGViShares Expanded Tech-Software Sector ETF-5.4%104.359192026110.32827202623
IYTiShares U.S. Transportation ETF-10.8%80.27919202690.01716202665
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-6.7%184.809192026198.06903202616
KREState Street SPDR S&P Regional Banking ETF-6.6%72.75919202677.93816202634
MISLFirst Trust Indxx Aerospace & Defense ETF-13.8%42.38919202649.195282026114
RINGiShares MSCI Global Gold Miners ETF-9.7%84.09919202693.17825202625
SOXQInvesco PHLX Semiconductor ETF-18.5%93.869192026115.11622202689
TLTiShares 20+ Year Treasury Bond ETF-6.4%81.25919202686.78629202682
VGLTVanguard Long-Term Treasury ETF-5.5%52.07919202655.12629202682
SPTLState Street SPDR Portfolio Long Term Treasury ETF-5.9%24.77919202626.33629202682
TLHiShares 10-20 Year Treasury Bond ETF-5.4%95.169192026100.56629202682
EDVVanguard World Funds Extended Duration ETF-8.9%59.63919202665.43624202687
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.4%21.19919202622.40629202682
IGLBiShares 10+ Year Investment Grade Corporate Bond ETF-5.2%47.44919202650.05629202682
LMUBiShares Long-Term National Muni Bond ETF-6.5%47.67919202651.00705202676
GSGiShares GSCI Commodity-5.4%30.01919202631.723222026181
GLDSPDR Gold Trust-10.0%401.179192026445.934192026153
IAUiShares Gold Trust-10.0%82.23919202691.344192026153
GLDMSPDR Gold MiniShares Trust-9.8%86.59919202696.044192026153
SLViShares Silver Trust-24.5%59.93919202679.355132026129
PPLTETFS Physical Platinum Shares-16.6%16.31919202619.555132026129
PALLETFS Physical Palladium Shares-18.0%23.69919202628.894142026158
UNGUnited States Natural Gas Fund LP-16.0%10.41919202612.393222026181
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85919202660.135042026138
VNQVanguard Real Estate ETF-8.0%92.919192026100.95728202653
XLREState Street Real Estate Select Sector SPDR ETF-7.6%42.53919202646.01728202653
SCHHSchwab U.S. REIT ETF-8.5%22.74919202624.86726202655
IYRiShares U.S. Real Estate ETF-8.6%98.009192026107.26728202653
REETiShares Global REIT ETF-9.2%26.22919202628.89726202655
USRTiShares Core U.S. REIT ETF-10.1%62.80919202669.82726202655

ETF Fund Flows

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

Net fund flows · as of 2026-09-18

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$31.1B), followed by Bond (+$14.5B), while Real Estate (−$396M) saw the largest outflows.
  • Within the mix, money rotated into Factor Smart Beta (+$10.0B) and out of US Large Cap Core (−$12.8B).
  • Relative to fund size, CNEQ drew the largest inflow (+50.7% of AUM) and XOVR the largest outflow (−27.6%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$54.64B+5.2%
2VTIVanguard Morningstar Total Stock Market ETFEquity US Total Market+$9.67B+1.4%
3SPMOInvesco S&P 500 Momentum ETFEquity Factor Smart Beta+$6.97B+31.4%
4SGOViShares 0-3 Month Treasury Bond ETFCash+$6.93B+6.4%
5VUGVanguard Morningstar Growth ETFEquity US Large Growth+$4.54B+2.0%
6VGSHVanguard Short-Term Treasury ETFBond Short Treasury+$4.5B+13.0%
7VOVanguard Morningstar Mid-Cap ETFEquity US Mid Cap Core+$4.24B+3.9%
8VFLOVictoryShares Free Cash Flow ETFOther+$3.64B+33.0%
9SCHDSchwab U.S. Dividend Equity ETFEquity Dividend Income+$3.31B+3.0%
10GLDSPDR Gold SharesCommodity Gold+$3.21B+2.2%
Largest outflows
#TickerNameTypeNet flow% of AUM
1IVViShares Core S&P 500 ETFEquity US Large Cap Core-$44.75B-5.1%
2SPYState Street SPDR S&P 500 ETFEquity US Large Cap Core-$26.14B-3.2%
3QQQInvesco QQQ Trust, Series 1Equity US Nasdaq Growth-$8.3B-1.7%
4LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate-$4.6B-15.4%
5XLFState Street Financial Select Sector SPDR ETFEquity Broad Sector-$2.97B-5.4%
6VGITVanguard Intermediate-Term Treasury ETFBond Intermediate Treasury-$2.47B-6.2%
7DRAMRoundhill Memory ETFOther-$2.31B-8.9%
8HYGiShares iBoxx $ High Yield Corporate Bond ETFBond High Yield Corporate-$2.29B-14.9%
9IWMiShares Russell 2000 ETFEquity US Small Cap Core-$2.06B-2.6%
10EWYiShares MSCI South Korea ETFEquity Emerging Markets-$2.04B-7.4%

Largest ETF fund flows across ~2632 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)14.847.410.911.03.911.0
Expense Ratio0.03%0.15%0.03%0.15%0.05%0.05%
10-D Avg Volume (Mil)2.1027.895.571.221.212.10
Latest Day Volume (Mil)1.7720.0112.200.620.481.77
Holdings Count6947110617569
Inception Date11/19/20097/21/20025/23/20071/4/200712/6/2007-

Fundamentals

VGLTTLTSPTLTLHEDVMedian
NameVanguard L.iShares 20.State Stre.iShares 10.Vanguard W. 
Net Asset Value51.8780.8224.6894.9658.66-
Premium/Discount0.4%0.5%0.4%0.2%1.7%0.4%
Distribution Yield4.9%4.8%4.4%4.7%5.4%4.8%
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)8.4%9.2%8.5%7.7%14.0%8.5%
Volatility (3Y)12.2%13.5%12.2%10.9%19.5%12.2%
Volatility (5Y)14.4%15.7%14.5%12.6%21.5%14.5%
Beta (1Y)0.170.180.180.170.240.18
Beta (3Y)0.110.130.110.100.200.11
Beta (5Y)0.070.080.070.070.110.07
Sharpe Ratio (1Y)-0.55-0.64-0.60-0.56-0.66-0.60
Sharpe Ratio (3Y)0.080.000.070.17-0.090.07
Sharpe Ratio (5Y)-0.44-0.47-0.44-0.39-0.51-0.44
Max Drawdown (1Y)-8.0%-9.1%-8.3%-7.6%-14.5%-8.3%
Max Drawdown (3Y)-13.4%-14.8%-13.4%-11.7%-22.9%-13.4%
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 Return-1.9%-2.1%-2.3%-2.5%-1.6%-2.1%
3M Return-4.7%-5.6%-5.1%-4.6%-7.9%-5.1%
6M Return-4.5%-5.3%-4.9%-4.3%-7.4%-4.9%
YTD Return-3.8%-4.3%-4.1%-3.9%-5.9%-4.1%
1Y Return-4.9%-6.1%-5.2%-4.4%-9.6%-5.2%
2Y Return-9.2%-12.0%-9.6%-6.9%-20.4%-9.6%
3Y Return1.0%-2.4%0.6%3.9%-10.5%0.6%

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity1.7 Mil
Short Interest: % Change Since 8152026-20.5%
Average Daily Volume2.2 Mil
Days-to-Cover Short Interest1