VTC — Vanguard Total Corporate Bond ETF ETF Shares

VTC Price Performance — Growth of $10,000

Value of a $10,000 investment in VTC 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.

VTC Drawdown

The "underwater" chart: VTC'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 Total Corporate Bond ETF (VTC) operates within the US Bonds - Corporate category, which currently contains 17 ETFs tracked by ETFValuer. Issued by Vanguard, the fund has accumulated assets under management of $1.76 billion while trading at a price of $75.60 per share. It holds an overall rank of #355 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 53.0 out of 100. The fund offers a low cost structure with an expense ratio of 0.03% and provides a dividend yield of 4.91%. This combination of a substantial asset base and a low expense ratio suggests significant investor adoption relative to the fund's specific niche. The current price and asset size position the ETF as a established vehicle within its category despite its mid-tier overall ranking.

Over the most recent trading day, the fund posted a return of +0.23%, followed by a slight decline of -0.03% over the past week. Monthly performance shows a contraction of -1.54% over one month and -0.78% over six months, while the three-month return stands at -0.66%. Year-to-date performance reflects a minor loss of -0.17%, contrasting with a positive one-year return of +3.13%. The longer-term trajectory shows stronger growth, with a three-year return of +16.19%. This pattern indicates a divergence where short-term and year-to-date results remain negative or flat, while the one-year and three-year horizons demonstrate positive accumulation. The data suggests a recovery trend emerging from the recent short-term declines to achieve positive annualized gains.

The fund carries a volatility label of Very Low, yet it exhibits a beta of 1.12, indicating it moves slightly more than the broader market. A Sharpe ratio of -0.43 suggests that the risk-adjusted returns have been negative over the measured period. The maximum drawdown recorded for the ETF is -6.03%, representing the largest peak-to-trough decline experienced. This combination of a low volatility label with a beta above 1.0 implies that while the fund may not experience extreme daily swings, its correlation to market movements amplifies its relative sensitivity. The negative Sharpe ratio alongside the -6.03% drawdown highlights periods where the fund's returns did not adequately compensate for the volatility and downside risk taken.

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

VTC Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 1.5% 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 VTC's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VTC

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VTC's top 10 — VFH overlaps most, holding 5 of the same companies as VTC's top 10 (1.3% of VTC'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.

High-Yield Credit Spread: 2.81% (as of 2026-07-27) — The extra yield investors demand to hold high-yield corporate bonds over Treasuries — a real-time gauge of credit risk appetite relevant to this fund’s holdings.

VTC Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.17% and average daily volume is 102K/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 $1.76B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VTC 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.

VTC Performance History

How VTC Compares to Other US Bonds - Corporate ETFs