VGIT — Vanguard Intermediate-Term Treasury Index Fund ETF Shares

VGIT Price Performance — Growth of $10,000

Value of a $10,000 investment in VGIT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

VGIT Drawdown

The "underwater" chart: VGIT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) operates within the US Bonds - Government category, which ETFValuer tracks with a total of 22 funds. Issued by Vanguard, this fund holds $50.4 billion in assets under management and trades at a price of $58.54. It carries an overall rank of #295 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.1 out of 100. The fund offers a low cost structure with an expense ratio of 0.03% while providing a dividend yield of 3.85%. The substantial asset base and low fee suggest significant investor adoption relative to the category size. These metrics position the fund as a widely held, cost-efficient vehicle within its specific government bond segment.

Recent performance data shows a mixed trajectory across various time horizons, starting with a 1-day return of +0.24% and a 1-week gain of +0.17%. Short-term momentum shifted negatively over the last month with a -0.73% return, followed by a -0.68% decline over three months. The six-month period saw a slight contraction of -0.31%, and year-to-date returns stand at -0.41%. However, the longer-term picture improves significantly, with a one-year return of +2.48% and a three-year return of +12.00%. This pattern indicates a divergence where recent short-term periods have been negative while the fund has delivered positive gains over the one and three-year marks.

VGIT is classified with a Very Low volatility label and exhibits a beta of 0.78, suggesting price movements that are generally less pronounced than the broader market. Despite the low volatility, the fund recorded a maximum drawdown of -4.34% during the measured period. The Sharpe ratio stands at -0.75, indicating that the risk-adjusted returns have been negative relative to the risk-free rate over the calculation timeframe. This combination of a low beta and negative Sharpe ratio implies that while the fund experiences smaller swings than the market, it has not generated sufficient excess return to compensate for the risk taken. The maximum drawdown figure further quantifies the peak-to-trough decline investors would have faced during the most adverse conditions.

AI-generated summary based on the data on this page.

VGIT Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VGIT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VGIT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VGIT's top 10 — VCSH overlaps most, holding 1 of the same companies as VGIT's top 10 (18.9% of VGIT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VGIT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.07% and average daily volume is 3.0M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $50.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VGIT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

VGIT Performance History

How VGIT Compares to Other US Bonds - Government ETFs