VGLT vs DFAS

Comparison between VANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES (VGLT, ETF) and DIMENSIONAL U.S. SMALL CAP ETF (DFAS, ETF).

5-Year PerformanceDFAS has outperformed VGLT, delivering a return of +7.3% compared to -4.9%

VGLT vs DFAS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGLT(ETF)	DFAS(ETF)
Net Assets	$14B	$14B
Expense Ratio	0.03%	0.26%
Max Drawdown	50.44%	27.31%
Sharpe Ratio	0.03	1.40
5Y Beta	0.05	1.02
P/E Ratio	N/A	50.31
Forward P/E	N/A	14.11
5Y Dividends CAGR	6.61%	N/A
5Y EPS CAGR	N/A	10.48%
P/S Ratio	N/A	1.12
P/B Ratio	N/A	1.98

Net Assets

Winner

VGLT

$14B

DFAS

$14B

Expense Ratio

Winner

VGLT

0.03%

DFAS

0.26%

Max Drawdown

VGLT

50.44%

Winner

DFAS

27.31%

Sharpe Ratio

VGLT

0.03

Winner

DFAS

1.40

5Y Beta

Winner

VGLT

0.05

DFAS

1.02

P/E Ratio

VGLT

N/A

DFAS

50.31

Forward P/E

VGLT

N/A

DFAS

14.11

5Y Dividends CAGR

VGLT

6.61%

DFAS

N/A

5Y EPS CAGR

VGLT

N/A

DFAS

10.48%

P/S Ratio

VGLT

N/A

DFAS

1.12

P/B Ratio

VGLT

N/A

DFAS

1.98

VGLT vs DFAS - Historical Returns

Returns include dividend reinvestment.

Period	VGLT	DFAS
1 month	-0.60%	+4.48%
3 months	-1.59%	+1.98%
6 months	-2.15%	+13.88%
1 year	+4.31%	+25.50%
5 years(CAGR)	-4.95%	+7.35%
10 years(CAGR)	-0.99%	N/A
Max(CAGR)	+2.49%	+7.35%

VGLT

-0.60%

Winner

DFAS

+4.48%

VGLT

-1.59%

Winner

DFAS

+1.98%

VGLT

-2.15%

Winner

DFAS

+13.88%

VGLT

+4.31%

Winner

DFAS

+25.50%

5Y(CAGR)

VGLT

-4.95%

Winner

DFAS

+7.35%

10Y(CAGR)

VGLT

-0.99%

DFAS

N/A

Max(CAGR)

VGLT

+2.49%

Winner

DFAS

+7.35%

VGLT vs DFAS - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	VGLT	DFAS
2026	-0.25%	+10.30%
2025	+5.23%	+8.32%
2024	-5.80%	+10.86%
2023	+1.50%	+18.17%
2022	-27.68%	-14.54%
2021	-4.91%	+4.98%
2020	+16.54%	N/A
2019	+13.62%	N/A
2018	-0.48%	N/A
2017	+8.37%	N/A
2016	-0.08%	N/A
2015	-1.81%	N/A
2014	+24.41%	N/A
2013	-11.50%	N/A
2012	+4.55%	N/A
2011	+29.34%	N/A
2010	+8.97%	N/A
2009	-4.16%	N/A

VGLT vs DFAS Drawdown Comparison

The maximum drawdown for VGLT was -46.17%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for DFAS was -26.13%, occurring on Apr 8, 2025. Recovery took 256 trading sessions.

The current VGLT drawdown is -36.86%. The current DFAS drawdown is -1.26%.

Rank	VGLT	DFAS
#1	-46.17% Aug 4, 2020 - Oct 19, 2023	-26.13% Nov 25, 2024 - Dec 4, 2025
#2	-17.79% Jul 25, 2012 - Oct 15, 2014	-25.02% Nov 8, 2021 - Mar 21, 2024
#3	-16.92% Jul 8, 2016 - Jun 3, 2019	-9.36% Feb 10, 2026 - Apr 17, 2026
#4	-14.21% Mar 9, 2020 - Aug 4, 2020	-9.31% Jul 31, 2024 - Oct 14, 2024
#5	-13.98% Aug 31, 2010 - Aug 4, 2011	-7.89% Mar 28, 2024 - May 15, 2024
#6	-13.80% Jan 30, 2015 - Feb 11, 2016	-7.10% Jun 15, 2021 - Aug 11, 2021
#7	-9.07% Oct 3, 2011 - Dec 19, 2011	-5.29% May 15, 2024 - Jul 12, 2024
#8	-8.89% Dec 19, 2011 - May 16, 2012	-5.03% Sep 2, 2021 - Oct 18, 2021
#9	-7.97% Aug 28, 2019 - Feb 20, 2020	-4.70% Aug 11, 2021 - Aug 27, 2021
#10	-5.69% Nov 27, 2009 - May 6, 2010	-4.27% Nov 11, 2024 - Nov 25, 2024
#11	-4.57% Feb 11, 2016 - Jun 3, 2016	-3.63% Oct 16, 2024 - Nov 6, 2024
#12	-4.32% Sep 22, 2011 - Oct 3, 2011	-3.34% Dec 11, 2025 - Jan 6, 2026
#13	-4.16% Aug 10, 2011 - Aug 18, 2011	-3.17% Jul 16, 2024 - Jul 31, 2024
#14	-3.59% Aug 19, 2011 - Sep 2, 2011	-2.92% Jan 22, 2026 - Feb 6, 2026
#15	-3.55% Jun 1, 2012 - Jul 20, 2012	-2.61% Oct 25, 2021 - Nov 1, 2021

Correlation

Correlation between VGLT and DFAS is -0.25 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.25

-101

Dividend Comparison (2009 - 2026)

VGLT vs DFAS dividend yield comparison.

Year	VGLT	DFAS
2026	1.53%	0.21%
2025	4.44%	0.99%
2024	4.33%	0.93%
2023	3.33%	1.00%
2022	2.84%	1.03%
2021	1.82%	2.87%
2020	2.15%	0.00%
2019	2.46%	0.00%
2018	2.71%	0.00%
2017	2.55%	0.00%
2016	2.69%	0.00%
2015	3.21%	0.00%
2014	2.75%	0.00%
2013	3.19%	0.00%
2012	3.02%	0.00%
2011	3.10%	0.00%
2010	3.72%	0.00%
2009	0.46%	0.00%