
This ETF is designed to provide investors with a substantial and consistent flow of current income. Its portfolio primarily consists of high-quality, investment-grade corporate debt instruments. The fund targets an average maturity for its bond holdings, weighted by their market value, that typically falls within a range of ten to twenty-five years.
Is VCLT's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Aon's $13.5B bond sale for its $17B USI acquisition draws about $65B in orders, tightening pricing despite higher borrowing costs and a difficult market.

Vanguard Long-Term Corporate Bond ETF offers a higher dividend yield and lower expense ratio compared to iShares 20+ Year Treasury Bond ETF. iShares 20+ Year Treasury Bond ETF manages larger assets under management (AUM) but has experienced a steeper maximum drawdown over the last five years.

Both funds charge 0.03% expense ratios, but VCLT offers higher yield while SCHQ experienced steeper losses over five years.

The Vanguard Long-Term Corporate Bond ETF is a fine idea for fixed income investors who want extra income. The Vanguard Long-Term Treasury ETF is an option for those who want to avoid credit risk.

Vanguard Long-Term Corporate Bond ETF and Vanguard Long-Term Treasury ETF both feature identical and highly efficient expense ratios of 0.03%. Vanguard Long-Term Corporate Bond ETF provides a higher trailing-12-month dividend yield of 5.60% compared to 4.60% for the Treasury fund.