EDV vs VIITX

Quick Verdict

VIITX has a lower expense ratio. VIITX delivered stronger 1-year returns. VIITX offers more diversification with 1185 holdings.

Lower Fees: VIITXHigher Returns: VIITXMore Diversified: VIITX

Side-by-Side Comparison

MetricEDVVIITXWinner
Expense Ratio0.05%0.02%
AUM$3.5B-
Dividend Yield4.83%4.56%
Holdings832,599
YTD Return-5.62%-2.08%
1Y Return-4.94%-1.49%
3Y Return (annualized)-4.55%+0.49%
5Y Return (annualized)-12.40%-2.31%
Volatility (annualized)21.8%4.2%
Max Drawdown-62.0%-15.0%
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeFixed Income
InceptionDec 6, 2007Dec 1, 1997

EDV vs VIITX Performance

Vanguard Extended Duration Treasury ETF (EDV) is a ETF from Vanguard (US) and Vanguard Institutional Intermediate Term Bond Fund Institutional Plus Class (VIITX) is a mutual fund from Vanguard (US). Over the past year EDV returned -4.94% while VIITX returned -1.49%. Year to date, EDV is down 5.62% versus a loss of 2.08% for VIITX.

Over three years, EDV compounded at -4.55% per year against +0.49% for VIITX; over five years the annualized figures are -12.40% and -2.31% respectively. Across the full 5-year window we track, EDV has the edge at -1.48% annualized vs -2.31%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EDV has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 4.2% for VIITX. 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 -15.0% for VIITX. 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EDV charges 0.05% per year while VIITX charges 0.02%. On a $10,000 position that is $5 vs $2 annually, a gap of $3 per year that compounds over a long holding period. On income, EDV currently yields 4.83% against 4.56% for VIITX.

Holdings Overlap

0.0%overlap

EDV and VIITX share 0 holdings out of 1261 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 VIITX?

EDV has an expense ratio of 0.05% while VIITX charges 0.02%. VIITX is the cheaper option. On a $10,000 investment, that is $3 per year of difference.

Which performed better, EDV or VIITX?

Over the past year EDV returned -4.94% vs -1.49% for VIITX, so VIITX leads on 1-year performance. Over the longest common window we track (5 years), EDV annualized -1.48% vs -2.31% for VIITX. Past performance does not guarantee future results.

Which is riskier, EDV or VIITX?

EDV has been the more volatile fund at 21.8% annualized versus 4.2% for VIITX. Worst drawdown: EDV -62.0% vs VIITX -15.0%.

Should I hold both EDV and VIITX?

EDV and VIITX have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EDV and VIITX?

EDV and VIITX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1261 unique securities.

Which pays a higher dividend, EDV or VIITX?

EDV yields 4.83% while VIITX yields 4.56%, so EDV currently pays the higher dividend yield.

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