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VBK vs TLT

Comparison between VANGUARD SMALL-CAP GROWTH INDEX FUND ETF SHARES (VBK, ETF) and ISHARES 20+ YEAR TREASURY BOND ETF (TLT, ETF).

5-Year PerformanceVBK has outperformed TLT, delivering a return of +6.1% compared to -5.9%

VBK vs TLT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VBK
$43B
Winner
TLT
$43B
Expense Ratio
Winner
VBK
0.05%
TLT
0.15%
Max Drawdown
VBK
59.36%
Winner
TLT
51.76%
Sharpe Ratio
Winner
VBK
1.25
TLT
-0.04
5Y Beta
VBK
1.18
Winner
TLT
0.06
P/E Ratio
VBK
62.99
TLT
N/A
Forward P/E
VBK
22.32
TLT
N/A
5Y Dividends CAGR
VBK
12.10%
Winner
TLT
14.06%
5Y EPS CAGR
VBK
18.44%
TLT
N/A
Debt to Equity
VBK
31.91%
TLT
N/A
P/S Ratio
VBK
3.16
TLT
N/A
P/B Ratio
VBK
4.79
TLT
N/A

VBK vs TLT - Historical Returns

Returns include dividend reinvestment.

1M
Winner
VBK
+6.45%
TLT
-1.89%
3M
Winner
VBK
+9.05%
TLT
-4.44%
6M
Winner
VBK
+17.90%
TLT
-2.98%
1Y
Winner
VBK
+28.38%
TLT
+3.22%
5Y(CAGR)
Winner
VBK
+6.14%
TLT
-5.92%
10Y(CAGR)
Winner
VBK
+12.00%
TLT
-1.66%
Max(CAGR)
Winner
VBK
+9.84%
TLT
+3.61%

VBK vs TLT - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

YearVBKTLT
2026+11.91%-1.11%
2025+8.29%+3.96%
2024+17.96%-7.53%
2023+22.53%+0.84%
2022-28.70%-29.39%
2021+7.63%-4.49%
2020+34.73%+16.83%
2019+33.46%+13.52%
2018-6.53%-0.53%
2017+21.21%+8.72%
2016+12.95%+0.45%
2015-2.40%-2.87%
2014+5.05%+26.91%
2013+34.65%-12.20%
2012+16.32%+4.20%
2011-3.15%+34.98%
2010+28.14%+9.14%
2009+38.51%-19.78%
2008-39.30%+32.03%
2007+10.06%+9.50%
2006+10.29%+0.84%
2005+10.57%+8.37%
2004+10.26%+10.01%
2003N/A+4.32%
2002N/A+9.75%

VBK vs TLT Drawdown Comparison

The maximum drawdown for VBK was -58.69%, occurring on Mar 9, 2009. Recovery took 796 trading sessions.

The maximum drawdown for TLT was -48.35%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current VBK drawdown is -1.17%. The current TLT drawdown is -41.04%.

RankVBKTLT
#1-58.69%
Oct 10, 2007 - Dec 7, 2010
-48.35%
Aug 4, 2020 - Oct 19, 2023
#2-38.71%
Feb 20, 2020 - Jul 29, 2020
-26.58%
Dec 30, 2008 - Aug 18, 2011
#3-38.39%
Nov 8, 2021 - Nov 25, 2024
-20.48%
Jul 25, 2012 - Dec 10, 2014
#4-28.93%
Jul 7, 2011 - Sep 7, 2012
-17.88%
Jul 8, 2016 - Jul 2, 2019
#5-27.54%
Dec 4, 2024 - Sep 18, 2025
-15.80%
Jan 30, 2015 - Jun 9, 2016
#6-26.61%
Jun 23, 2015 - Dec 8, 2016
-15.73%
Mar 9, 2020 - Apr 21, 2020
#7-25.96%
Sep 4, 2018 - Jul 3, 2019
-15.69%
Jun 13, 2003 - Dec 15, 2004
#8-18.24%
Apr 5, 2004 - Nov 12, 2004
-10.91%
Oct 3, 2011 - Dec 19, 2011
#9-16.98%
May 8, 2006 - Feb 1, 2007
-10.82%
Jun 30, 2005 - Nov 24, 2006
#10-13.64%
Feb 12, 2021 - Nov 1, 2021
-10.41%
Dec 19, 2011 - May 17, 2012
#11-13.23%
Mar 4, 2014 - Feb 5, 2015
-8.63%
Apr 21, 2020 - Jul 30, 2020
#12-11.44%
Jan 22, 2026 - Apr 15, 2026
-8.24%
Aug 28, 2019 - Feb 20, 2020
#13-10.96%
Jul 19, 2007 - Oct 5, 2007
-8.03%
Dec 4, 2006 - Aug 31, 2007
#14-10.15%
Apr 29, 2011 - Jul 7, 2011
-7.49%
Mar 20, 2008 - Sep 4, 2008
#15-9.88%
Sep 14, 2012 - Jan 2, 2013
-6.68%
Sep 24, 2002 - Feb 20, 2003

Correlation

Correlation between VBK and TLT is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70
-101

Dividend Comparison (2002 - 2026)

VBK vs TLT dividend yield comparison.

YearVBKTLT
20260.10%1.52%
20250.54%4.43%
20240.54%4.30%
20230.68%3.38%
20220.55%2.67%
20210.36%1.50%
20200.44%1.50%
20190.57%2.27%
20180.79%2.63%
20170.82%2.43%
20161.08%2.60%
20150.98%2.61%
20141.01%2.67%
20130.65%3.26%
20121.04%2.68%
20110.55%3.30%
20100.46%4.16%
20090.40%4.05%
20081.04%3.49%
20070.58%4.50%
20060.41%4.52%
20050.37%4.55%
20040.16%4.68%
20030.00%5.30%
20020.00%2.19%

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