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

Vanguard Total Corporate Bond ETF ETF Shares is a US Bonds - Corporate fund issued by Vanguard with $1.70 billion in assets. It carries an ETFValuer grade of C, ranking 17th out of 17 peers in its category and 362nd of 458 tracked ETFs overall. The fund’s 0.03% expense ratio sits below the category median of 0.06%, while its 5.03% dividend yield slightly exceeds the peer average of 4.93%. Despite its name, the top 10 holdings represent only 1.5% of assets, with the largest position being a United States Treasury Note/Bond at 0.3%.

The fund has a 3.0-year price history, with its grade remaining unchanged at C over the last 35 tracked days. Short-term performance shows mixed results, with a 1D decline of 0.16% and a 1W gain of 0.02%, while the 1-month return is -0.18%. Over longer horizons, the 3-year return stands at +16.28%, contrasting with a 1-year return of -0.04% that trails the category median of +2.58%. The current price of $74.61 is positioned at 2.3% of its 52-week range, indicating it is near the lower end of its recent trading band.

With an annualized volatility of 4.24% labeled as Very Low, the fund exhibits modest price fluctuation. Its beta of 1.12 suggests movements that are 112% of the broader market's changes. A Sharpe ratio of -1.19 indicates that risk-adjusted returns have been negative during the measured period. The maximum drawdown of -4.81% reflects the peak-to-trough decline in value, while liquidity is supported by an average daily volume of 78,070 shares and a tight bid/ask spread of 0.09%.

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

VTC Top Holdings

Holdings as of 2026-05-31 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 — VCIT overlaps most, holding 4 of the same companies as VTC's top 10 (0.8% 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: 4.80% (as of 2026-09-08) — 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): 15.72 (as of 2026-09-08) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 2.67% (as of 2026-09-08) — 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 0.09% and average daily volume is 78K/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 $1.70B 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