EDV vs VBR

EDV vs VBR
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Quick Verdict

VBR delivered stronger 1-year returns. VBR offers more diversification with 847 holdings.

Lower Fees: TiedHigher Returns: VBRMore Diversified: VBR

Side-by-Side Comparison

MetricEDVVBRWinner
Expense Ratio0.05%0.05%
AUM$3.4B$37.3B
Dividend Yield5.42%1.76%
Holdings163847
YTD Return-4.05%+16.29%
1Y Return-2.50%+20.42%
3Y Return (annualized)-4.48%+16.08%
5Y Return (annualized)-12.62%+9.49%
Volatility (annualized)21.9%19.0%
Max Drawdown-62.0%-64.0%
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeEquity
InceptionDec 6, 2007Jan 26, 2004

EDV vs VBR Performance

Vanguard Extended Duration Treasury ETF (EDV) is a ETF from Vanguard (US) and Vanguard Morningstar Small-Cap Value ETF (VBR) is a ETF from Vanguard (US). Over the past year EDV returned -2.50% while VBR returned +20.42%. Year to date, EDV is down 4.05% versus a gain of 16.29% for VBR.

Over three years, EDV compounded at -4.48% per year against +16.08% for VBR; over five years the annualized figures are -12.62% and +9.49% respectively. Across the full 19-year window we track, VBR has the edge at +7.94% annualized vs -1.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EDV has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 19.0% for VBR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -62.0% for EDV and -64.0% for VBR. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.17. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EDV charges 0.05% per year while VBR charges 0.05%. On a $10,000 position that is $5 vs $5 annually. On income, EDV currently yields 5.42% against 1.76% for VBR.

Holdings Overlap

0.0%overlap

EDV and VBR share 0 holdings out of 911 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, EDV or VBR?

EDV has an expense ratio of 0.05% while VBR charges 0.05%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, EDV or VBR?

Over the past year EDV returned -2.50% vs +20.42% for VBR, so VBR leads on 1-year performance. Over the longest common window we track (19 years), EDV annualized -1.39% vs +7.94% for VBR. Past performance does not guarantee future results.

Which is riskier, EDV or VBR?

EDV has been the more volatile fund at 21.9% annualized versus 19.0% for VBR. Worst drawdown: EDV -62.0% vs VBR -64.0%.

Should I hold both EDV and VBR?

EDV and VBR have a monthly-return correlation of -0.17, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EDV and VBR?

EDV and VBR share 0 common holdings with a 0.0% weight overlap. Combined, they hold 911 unique securities.

Which pays a higher dividend, EDV or VBR?

EDV yields 5.42% while VBR yields 1.76%, so EDV currently pays the higher dividend yield.

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