VGLT vs EMB

Comparison between VANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES (VGLT, ETF) and ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF (EMB, ETF).

5-Year PerformanceEMB has outperformed VGLT, delivering a return of +2.0% compared to -5.1%

VGLT vs EMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGLT(ETF)	EMB(ETF)
Net Assets	$14B	$14B
Expense Ratio	0.03%	0.39%
Max Drawdown	50.44%	37.41%
Sharpe Ratio	-0.02	1.51
5Y Beta	0.05	0.26
5Y Dividends CAGR	6.61%	3.97%

Net Assets

Winner

VGLT

$14B

EMB

$14B

Expense Ratio

Winner

VGLT

0.03%

EMB

0.39%

Max Drawdown

VGLT

50.44%

Winner

EMB

37.41%

Sharpe Ratio

VGLT

-0.02

Winner

EMB

1.51

5Y Beta

Winner

VGLT

0.05

EMB

0.26

5Y Dividends CAGR

Winner

VGLT

6.61%

EMB

3.97%

VGLT vs EMB - Historical Returns

Returns include dividend reinvestment.

Period	VGLT	EMB
1 month	-0.48%	+1.53%
3 months	-0.54%	+0.74%
6 months	-1.23%	+2.71%
1 year	+4.12%	+13.02%
5 years(CAGR)	-5.11%	+1.96%
10 years(CAGR)	-0.87%	+3.42%
Max(CAGR)	+2.52%	+4.70%

VGLT

-0.48%

Winner

EMB

+1.53%

VGLT

-0.54%

Winner

EMB

+0.74%

VGLT

-1.23%

Winner

EMB

+2.71%

VGLT

+4.12%

Winner

EMB

+13.02%

5Y(CAGR)

VGLT

-5.11%

Winner

EMB

+1.96%

10Y(CAGR)

VGLT

-0.87%

Winner

EMB

+3.42%

Max(CAGR)

VGLT

+2.52%

Winner

EMB

+4.70%

VGLT vs EMB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	VGLT	EMB
2026	+0.30%	+1.61%
2025	+5.23%	+13.47%
2024	-5.80%	+6.59%
2023	+1.50%	+10.12%
2022	-27.68%	-17.83%
2021	-4.91%	-1.69%
2020	+16.54%	+5.29%
2019	+13.62%	+15.48%
2018	-0.48%	-5.71%
2017	+8.37%	+9.90%
2016	-0.08%	+9.38%
2015	-1.81%	+1.39%
2014	+24.41%	+6.03%
2013	-11.50%	-8.06%
2012	+4.55%	+18.00%
2011	+29.34%	+7.19%
2010	+8.97%	+10.67%
2009	-4.16%	+13.44%
2008	N/A	-2.27%
2007	N/A	+0.29%

VGLT vs EMB 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 EMB was -34.70%, occurring on Oct 28, 2008. Recovery took 293 trading sessions.

The current VGLT drawdown is -36.52%. The current EMB drawdown is -0.31%.

Rank	VGLT	EMB
#1	-46.17% Aug 4, 2020 - Oct 19, 2023	-34.70% May 21, 2008 - Jul 21, 2009
#2	-17.79% Jul 25, 2012 - Oct 15, 2014	-28.75% Sep 2, 2021 - Aug 11, 2025
#3	-16.92% Jul 8, 2016 - Jun 3, 2019	-26.55% Mar 4, 2020 - Nov 13, 2020
#4	-14.21% Mar 9, 2020 - Aug 4, 2020	-14.48% May 2, 2013 - Jul 8, 2014
#5	-13.98% Aug 31, 2010 - Aug 4, 2011	-8.91% Jan 5, 2018 - Mar 20, 2019
#6	-13.80% Jan 30, 2015 - Feb 11, 2016	-7.56% Sep 7, 2016 - Apr 28, 2017
#7	-9.07% Oct 3, 2011 - Dec 19, 2011	-7.43% Nov 4, 2010 - Jul 28, 2011
#8	-8.89% Dec 19, 2011 - May 16, 2012	-7.37% Aug 27, 2014 - Apr 2, 2015
#9	-7.97% Aug 28, 2019 - Feb 20, 2020	-7.34% Dec 31, 2020 - Aug 31, 2021
#10	-5.69% Nov 27, 2009 - May 6, 2010	-7.09% Aug 2, 2011 - Nov 3, 2011
#11	-4.57% Feb 11, 2016 - Jun 3, 2016	-6.45% Apr 20, 2010 - Jul 8, 2010
#12	-4.32% Sep 22, 2011 - Oct 3, 2011	-6.36% Apr 27, 2015 - Mar 17, 2016
#13	-4.16% Aug 10, 2011 - Aug 18, 2011	-4.88% May 3, 2012 - Jun 19, 2012
#14	-3.59% Aug 19, 2011 - Sep 2, 2011	-4.51% Feb 25, 2026 - Mar 27, 2026
#15	-3.55% Jun 1, 2012 - Jul 20, 2012	-4.14% Nov 8, 2011 - Jan 26, 2012

Correlation

Correlation between VGLT and EMB is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2007 - 2026)

VGLT vs EMB dividend yield comparison.

Year	VGLT	EMB
2026	1.52%	1.75%
2025	4.44%	4.98%
2024	4.33%	5.46%
2023	3.33%	4.74%
2022	2.84%	5.04%
2021	1.82%	3.89%
2020	2.15%	3.88%
2019	2.46%	4.51%
2018	2.71%	5.64%
2017	2.55%	4.54%
2016	2.69%	4.83%
2015	3.21%	4.84%
2014	2.75%	4.56%
2013	3.19%	4.75%
2012	3.02%	4.17%
2011	3.10%	4.83%
2010	3.72%	5.15%
2009	0.46%	5.63%
2008	0.00%	5.63%
2007	0.00%	0.16%