BLV vs GBTC
Comparison between VANGUARD LONG-TERM BOND INDEX FUND ETF SHARES (BLV, ETF) and Grayscale Investments LLC (GBTC, ETF).
5-Year PerformanceGBTC has outperformed BLV, delivering a return of +8.5% compared to -5.0%
BLV vs GBTC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
BLV vs GBTC - Historical Returns
Returns include dividend reinvestment.
BLV vs GBTC - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | BLV | GBTC |
|---|---|---|
| 2026 | -2.42% | -14.98% |
| 2025 | +6.29% | -11.46% |
| 2024 | -3.04% | +100.87% |
| 2023 | +6.00% | +322.20% |
| 2022 | -25.67% | -75.81% |
| 2021 | -2.55% | -2.37% |
| 2020 | +15.55% | +301.00% |
| 2019 | +18.60% | +77.27% |
| 2018 | -3.25% | -84.05% |
| 2017 | +10.31% | +1558.98% |
| 2016 | +6.50% | +90.08% |
| 2015 | -4.71% | +50.01% |
| 2014 | +19.86% | N/A |
| 2013 | -8.08% | N/A |
| 2012 | +8.52% | N/A |
| 2011 | +22.81% | N/A |
| 2010 | +9.46% | N/A |
| 2009 | +2.41% | N/A |
| 2008 | +9.20% | N/A |
| 2007 | +6.27% | N/A |
BLV vs GBTC Drawdown Comparison
The maximum drawdown for BLV was -38.28%, occurring on Oct 19, 2023. This drawdown has not yet recovered.
The maximum drawdown for GBTC was -89.91%, occurring on Dec 14, 2018. Recovery took 766 trading sessions.
The current BLV drawdown is -26.33%. The current GBTC drawdown is -39.42%.
| Rank | BLV | GBTC |
|---|---|---|
| #1 | -38.28% Aug 6, 2020 - Oct 19, 2023 | -89.91% Dec 18, 2017 - Jan 5, 2021 |
| #2 | -20.04% Mar 9, 2020 - Jul 7, 2020 | -86.24% Feb 19, 2021 - Mar 4, 2024 |
| #3 | -14.49% May 2, 2013 - Jul 21, 2014 | -57.96% May 5, 2015 - Dec 8, 2015 |
| #4 | -12.71% Sep 15, 2008 - Dec 11, 2008 | -53.75% Oct 6, 2025 - Jun 30, 2026 |
| #5 | -12.37% Jan 30, 2015 - Jun 3, 2016 | -48.42% Aug 31, 2017 - Nov 3, 2017 |
| #6 | -12.13% Jul 8, 2016 - Mar 22, 2019 | -41.48% Jun 17, 2016 - Jan 3, 2017 |
| #7 | -11.20% Dec 30, 2008 - Sep 2, 2009 | -36.93% Dec 15, 2015 - Apr 21, 2016 |
| #8 | -10.32% Aug 26, 2010 - Jul 29, 2011 | -36.68% Jun 6, 2017 - Aug 10, 2017 |
| #9 | -5.97% Aug 28, 2019 - Jan 27, 2020 | -35.04% Mar 13, 2024 - Nov 11, 2024 |
| #10 | -5.84% Jul 25, 2012 - May 1, 2013 | -30.26% Jan 7, 2021 - Feb 8, 2021 |
| #11 | -5.61% May 7, 2007 - Aug 31, 2007 | -28.76% Jan 4, 2017 - May 1, 2017 |
| #12 | -5.31% Sep 22, 2011 - Dec 19, 2011 | -28.45% Dec 17, 2024 - May 21, 2025 |
| #13 | -5.13% Jan 31, 2012 - May 4, 2012 | -19.31% May 9, 2017 - May 22, 2017 |
| #14 | -5.13% Oct 1, 2009 - Apr 27, 2010 | -18.18% May 9, 2016 - May 31, 2016 |
| #15 | -4.93% Mar 20, 2008 - Sep 10, 2008 | -15.79% Nov 3, 2017 - Nov 20, 2017 |
Correlation
Correlation between BLV and GBTC is 0.18 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2007 - 2026)
BLV vs GBTC dividend yield comparison.
| Year | BLV | GBTC |
|---|---|---|
| 2026 | 2.92% | 0.00% |
| 2025 | 4.67% | 0.00% |
| 2024 | 5.09% | 0.00% |
| 2023 | 4.06% | 0.00% |
| 2022 | 4.17% | 0.00% |
| 2021 | 3.37% | 0.00% |
| 2020 | 6.12% | 0.00% |
| 2019 | 3.57% | 0.00% |
| 2018 | 4.07% | 0.00% |
| 2017 | 3.63% | 5.61% |
| 2016 | 4.16% | 0.00% |
| 2015 | 4.37% | 0.00% |
| 2014 | 3.88% | 0.00% |
| 2013 | 4.85% | 0.00% |
| 2012 | 5.66% | 0.00% |
| 2011 | 5.11% | 0.00% |
| 2010 | 5.85% | 0.00% |
| 2009 | 5.26% | 0.00% |
| 2008 | 4.99% | 0.00% |
| 2007 | 3.57% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks