VGLT vs VTI

VGLT vs VTI
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Quick Verdict

VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.

Lower Fees: TiedHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricVGLTVTIWinner
Expense Ratio0.03%0.03%
AUM$10.3B$666.9B
Dividend Yield4.74%1.07%
Holdings1023,543
YTD Return-1.21%+13.12%
1Y Return+1.14%+20.82%
3Y Return (annualized)+0.89%+21.43%
5Y Return (annualized)-6.56%+11.84%
Volatility (annualized)12.4%15.3%
Max Drawdown-47.1%-56.6%
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeEquity
InceptionNov 19, 2009May 24, 2001

VGLT vs VTI Performance

Vanguard Long Term Treasury ETF (VGLT) is a ETF from Vanguard (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year VGLT returned +1.14% while VTI returned +20.82%. Year to date, VGLT is down 1.21% versus a gain of 13.12% for VTI.

Over three years, VGLT compounded at +0.89% per year against +21.43% for VTI; over five years the annualized figures are -6.56% and +11.84% respectively. Across the full 17-year window we track, VTI has the edge at +8.08% annualized vs +0.42%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.4% for VGLT. 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 -47.1% for VGLT and -56.6% for VTI. 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 -0.08. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

VGLT charges 0.03% per year while VTI charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VGLT currently yields 4.74% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

VGLT and VTI share 0 holdings out of 2819 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, VGLT or VTI?

VGLT has an expense ratio of 0.03% while VTI charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, VGLT or VTI?

Over the past year VGLT returned +1.14% vs +20.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (17 years), VGLT annualized +0.42% vs +8.08% for VTI. Past performance does not guarantee future results.

Which is riskier, VGLT or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 12.4% for VGLT. Worst drawdown: VGLT -47.1% vs VTI -56.6%.

Should I hold both VGLT and VTI?

VGLT and VTI have a monthly-return correlation of -0.08, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VGLT and VTI?

VGLT and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2819 unique securities.

Which pays a higher dividend, VGLT or VTI?

VGLT yields 4.74% while VTI yields 1.07%, so VGLT currently pays the higher dividend yield.

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