EDV — Vanguard Extended Duration Treasury Index Fund ETF Shares

EDV Price Performance — Growth of $10,000

Value of a $10,000 investment in EDV 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.

EDV Drawdown

The "underwater" chart: EDV'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 Extended Duration Treasury Index Fund ETF Shares (EDV) operates within the US Bonds - Government category, which ETFValuer tracks as comprising 22 funds. Issued by Vanguard, this fund holds $4.16 billion in assets under management and trades at a price of $60.88. It carries an overall rank of #413 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of D with a score of 42.1 out of 100. The fund offers a low expense ratio of 0.05% while providing a dividend yield of 4.91%. The combination of a high yield and low cost contrasts with its lower overall ranking, suggesting specific investor preferences or market conditions influencing its adoption relative to peers.

Recent performance data shows a mixed trajectory across various time horizons, starting with a 1-day gain of +0.07% followed by a 1-week decline of -2.09%. Over the past month, the fund dropped -6.95%, and the three-month return stands at -4.06%, indicating continued downward pressure in the near term. Year-to-date returns are negative at -3.71%, while the six-month return is -5.03%. The one-year return is slightly negative at -0.35%, but the three-year annualized return shows a significant decline of -15.97%. This pattern highlights a divergence where short-term fluctuations have not yet recovered to offset the substantial losses recorded over the longer three-year period.

EDV is classified with a Low volatility label despite exhibiting a high Beta of 3.44, indicating significant sensitivity to market movements relative to its benchmark. The fund's Sharpe ratio is -0.38, reflecting a risk-adjusted return that has been negative over the measured period. A maximum drawdown of -24.61% demonstrates the extent of potential loss during market downturns. This combination of a high Beta and a negative Sharpe ratio suggests the fund amplifies market moves while failing to generate sufficient excess return to compensate for the risk taken. The low volatility label contrasts with the high Beta and deep drawdown, implying that while daily price swings may appear contained, the fund's directional exposure creates substantial downside risk during extended market stress.

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

EDV Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 16.2% 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 EDV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.

EDV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.39% and average daily volume is 1.0M/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 $4.16B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EDV 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.

EDV Performance History

How EDV Compares to Other US Bonds - Government ETFs