VCIT vs VT

VCIT vs VT

Which is better, VCIT or VT?

Long Term Mid Quality against Large Cap Blend.

VCIT has a lower expense ratio. VT led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VCITHigher Returns: VT

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricVCITVT
Expense Ratio0.03%Best0.06%
AUM$69.8B$97.9B
Dividend Yield4.89%1.55%
Holdings2,27110,133
YTD Return-1.36%+12.72%Best
1Y Return-0.55%+18.16%Best
3Y Return (annualized)+5.89%+20.32%Best
5Y Return (annualized)+0.59%+10.87%Best
Volatility (annualized)5.9%Best14.7%
Max Drawdown-20.7%Best-34.5%
$10,000 over 5 years$10,299$16,752Best
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeEquity
StyleLong Term Mid QualityLarge Cap Blend
InceptionNov 19, 2009Jun 24, 2008

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 23, 2009 to Sep 17, 2026 (16.8 years).

VCIT vs VT growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

VCIT vs VT Performance

Vanguard Intermediate Term Corporate Bond ETF (VCIT) is an ETF from Vanguard (US) and Vanguard Total World Stock ETF (VT) is an ETF from Vanguard (US). Over the past year VCIT returned -0.55% while VT returned +18.16%. Year to date, VCIT is down 1.36% versus a gain of 12.72% for VT.

Over three years, VCIT compounded at +5.89% per year against +20.32% for VT; over five years the annualized figures are +0.59% and +10.87% respectively. Across the full 17-year window we track, VT has the edge at +8.68% annualized vs +1.68%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VT has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 5.9% for VCIT. 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 -20.7% for VCIT and -34.5% for VT. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.

Fees and Cost Over Time

VCIT charges 0.03% per year while VT charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, VCIT currently yields 4.89% against 1.55% for VT.

Holdings Overlap

We hold position weights for 1,364 holdings in VCIT and 9,272 in VT, totalling 61.8% and 90.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.

3 positions in common, counted across the 1,364 positions we hold weights for in VCIT and 9,272 in VT, against full books of 2,271 and 10,133.

Top Shared Holdings

StockWeight in VCITWeight in VTDifference
GEGeneral Electric Co 6.75% 03/15/20320.10%0.32%0.22%
AONAon Corp/Aon Glo 5.35 02/28/20330.04%0.06%0.02%
JCIJohnson Controls International Plc0.00%0.08%0.08%

You are not choosing between two funds in isolation.

Whichever of VCIT and VT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

VCITVT

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, VCIT or VT?

VCIT has an expense ratio of 0.03% while VT charges 0.06%. VCIT is the cheaper option, by $3 a year on a $10,000 investment.

Which performed better, VCIT or VT?

Over the past year VCIT returned -0.55% vs +18.16% for VT, so VT leads on 1-year performance. Over the longest common window we track (17 years), VCIT annualized +1.68% vs +8.68% for VT. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, VCIT or VT?

VT has been the more volatile fund at 14.7% annualized versus 5.9% for VCIT. Worst drawdown: VCIT -20.7% vs VT -34.5%.

Should I hold both VCIT and VT?

VCIT and VT have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, VCIT or VT?

VCIT yields 4.89% while VT yields 1.55%, so VCIT currently pays the higher dividend yield.

Is VT better than VCIT?

VCIT has a lower expense ratio. VT led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.