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, issued by Vanguard, is a $1.61 billion fund ranked 16 of 17 within its US Bonds - Corporate category. It holds a C grade with a score of 53.0 out of 100, reflecting its position near the bottom of the 17 funds tracked in this specific sector. The expense ratio of 0.03% is notably lower than the category median of 0.06%, offering a cost advantage. However, its dividend yield of 5.15% trails the category median of 5.87%, indicating weaker income generation relative to peers. The fund’s top ten holdings represent only 1.5% of assets, with the largest position being a United States Treasury Note/Bond at 0.3%.

The fund’s price sits at 23.8% of its 52-week range, suggesting it is closer to its low than its high over the past year. Short-term returns show a mixed picture, with a 1-day loss of 0.30% contrasting against a 1-week gain of 0.41%. Over the longer term, the 1-year return of -1.84% significantly underperforms the category median of +1.29%. Despite this recent negative performance, the 3-year return stands at +19.86%, highlighting a divergence between recent and multi-year results. The ETFValuer grade has remained unchanged at C across the last 35 tracked days, indicating stability in its assessment. Price history is available for only 3.0 years, which limits the depth of historical analysis.

With a beta of 1.12, the fund exhibits higher sensitivity to market movements compared to the broader market. Its annualized volatility is 4.60%, which is labeled as Very Low, suggesting relatively stable price fluctuations despite the beta. The Sharpe ratio of -1.49 indicates that risk-adjusted returns have been negative over the measured period. Maximum drawdown was recorded at -4.81%, showing the peak-to-trough decline during the history. Liquidity is moderate, with an average daily volume of 139,178 shares, which may impact trading efficiency for large orders.

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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 3.40% (as of 2026-10-22) — 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: Average daily volume is 139K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $1.61B 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