VGLT vs TIP

Comparison between VANGUARD LONG-TERM TREASURY INDEX FUND ETF SHARES (VGLT, ETF) and iShares TIPS Bond ETF (TIP, ETF).

5-Year PerformanceTIP has outperformed VGLT, delivering a return of +1.1% compared to -5.1%

VGLT vs TIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGLT(ETF)	TIP(ETF)
Net Assets	$14B	$14B
Expense Ratio	0.03%	0.18%
Max Drawdown	50.44%	21.96%
Sharpe Ratio	-0.02	0.31
5Y Beta	0.05	0.04
5Y Dividends CAGR	6.61%	19.66%

Net Assets

Winner

VGLT

$14B

TIP

$14B

Expense Ratio

Winner

VGLT

0.03%

TIP

0.18%

Max Drawdown

VGLT

50.44%

Winner

TIP

21.96%

Sharpe Ratio

VGLT

-0.02

Winner

TIP

0.31

5Y Beta

VGLT

0.05

Winner

TIP

0.04

5Y Dividends CAGR

VGLT

6.61%

Winner

TIP

19.66%

VGLT vs TIP - Historical Returns

Returns include dividend reinvestment.

Period	VGLT	TIP
1 month	-0.48%	+0.95%
3 months	-0.54%	+1.08%
6 months	-1.23%	+1.57%
1 year	+4.12%	+5.14%
5 years(CAGR)	-5.11%	+1.10%
10 years(CAGR)	-0.87%	+2.64%
Max(CAGR)	+2.52%	+3.54%

VGLT

-0.48%

Winner

TIP

+0.95%

VGLT

-0.54%

Winner

TIP

+1.08%

VGLT

-1.23%

Winner

TIP

+1.57%

VGLT

+4.12%

Winner

TIP

+5.14%

5Y(CAGR)

VGLT

-5.11%

Winner

TIP

+1.10%

10Y(CAGR)

VGLT

-0.87%

Winner

TIP

+2.64%

Max(CAGR)

VGLT

+2.52%

Winner

TIP

+3.54%

VGLT vs TIP - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	VGLT	TIP
2026	+0.30%	+1.91%
2025	+5.23%	+6.61%
2024	-5.80%	+1.79%
2023	+1.50%	+3.44%
2022	-27.68%	-11.74%
2021	-4.91%	+5.56%
2020	+16.54%	+10.30%
2019	+13.62%	+8.18%
2018	-0.48%	-1.18%
2017	+8.37%	+2.82%
2016	-0.08%	+4.27%
2015	-1.81%	-2.38%
2014	+24.41%	+3.25%
2013	-11.50%	-8.44%
2012	+4.55%	+6.43%
2011	+29.34%	+13.75%
2010	+8.97%	+5.86%
2009	-4.16%	+11.02%
2008	N/A	-1.32%
2007	N/A	+11.43%
2006	N/A	+0.06%
2005	N/A	+2.52%
2004	N/A	+8.51%
2003	N/A	-0.02%

VGLT vs TIP 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 TIP was -14.58%, occurring on Nov 24, 2008. Recovery took 395 trading sessions.

The current VGLT drawdown is -36.52%.

Rank	VGLT	TIP
#1	-46.17% Aug 4, 2020 - Oct 19, 2023	-14.58% Mar 10, 2008 - Oct 1, 2009
#2	-17.79% Jul 25, 2012 - Oct 15, 2014	-14.48% Nov 9, 2021 - Feb 27, 2026
#3	-16.92% Jul 8, 2016 - Jun 3, 2019	-11.20% Mar 6, 2020 - Apr 28, 2020
#4	-14.21% Mar 9, 2020 - Aug 4, 2020	-11.06% Dec 6, 2012 - Mar 20, 2019
#5	-13.98% Aug 31, 2010 - Aug 4, 2011	-6.30% Mar 17, 2004 - Sep 27, 2004
#6	-13.80% Jan 30, 2015 - Feb 11, 2016	-5.77% Oct 14, 2010 - Apr 19, 2011
#7	-9.07% Oct 3, 2011 - Dec 19, 2011	-3.84% Jun 1, 2005 - Aug 4, 2006
#8	-8.89% Dec 19, 2011 - May 16, 2012	-3.79% Aug 10, 2011 - Nov 2, 2011
#9	-7.97% Aug 28, 2019 - Feb 20, 2020	-3.39% Dec 4, 2006 - Mar 21, 2007
#10	-5.69% Nov 27, 2009 - May 6, 2010	-3.16% Feb 9, 2005 - Apr 20, 2005
#11	-4.57% Feb 11, 2016 - Jun 3, 2016	-3.15% Apr 30, 2007 - Jul 26, 2007
#12	-4.32% Sep 22, 2011 - Oct 3, 2011	-2.99% Jan 28, 2021 - May 5, 2021
#13	-4.16% Aug 10, 2011 - Aug 18, 2011	-2.94% Nov 26, 2007 - Jan 3, 2008
#14	-3.59% Aug 19, 2011 - Sep 2, 2011	-2.55% Nov 27, 2009 - Apr 29, 2010
#15	-3.55% Jun 1, 2012 - Jul 20, 2012	-2.46% Aug 29, 2019 - Jan 3, 2020

Correlation

Correlation between VGLT and TIP is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2003 - 2026)

VGLT vs TIP dividend yield comparison.

Year	VGLT	TIP
2026	1.52%	0.50%
2025	4.44%	3.46%
2024	4.33%	2.52%
2023	3.33%	2.73%
2022	2.84%	6.96%
2021	1.82%	4.28%
2020	2.15%	1.17%
2019	2.46%	1.75%
2018	2.71%	2.71%
2017	2.55%	2.07%
2016	2.69%	1.48%
2015	3.21%	0.34%
2014	2.75%	1.67%
2013	3.19%	1.15%
2012	3.02%	2.22%
2011	3.10%	4.10%
2010	3.72%	2.50%
2009	0.46%	3.89%
2008	0.00%	6.30%
2007	0.00%	4.25%
2006	0.00%	4.32%
2005	0.00%	5.42%
2004	0.00%	3.92%
2003	0.00%	0.12%