Vanguard Long-Term Treasury ETF (VGLT) Performance

NASDAQ: VGLTTotal returns, calendar years, drawdowns and risk since 2009.

VGLT total return

Distributions reinvested · as of Oct 23, 2026
YTD
−3.2%
since Dec 31, 2025
1 year
−5.9%
total return
5 years
−6.4%
a year
10 years
−1.5%
a year
Since first price
+2.3%
a year since 2009

VGLT trailing returns vs AGG, TLT, SPY

VGLT trailing returns
PeriodVGLT total returnPrice onlyU.S. bonds (AGG)20+ yr Treasuries (TLT)S&P 500 (SPY)
1 month+1.5%+1.1%+0.9%+1.5%−1.0%
3 months−0.9%−2.1%−0.4%−1.0%+3.2%
6 months−3.5%−5.7%−1.5%−3.8%+7.8%
YTD−3.2%−6.5%−1.0%−3.4%+12.3%
1 year−5.9%−10.1%−1.1%−6.9%+14.4%
3 years+12.1%+3.9%/yr−1.5%+16.6%+5.2%/yr+9.7%+3.1%/yr+87.4%+23.3%/yr
5 years−28.3%−6.4%/yr−40.3%−0.8%−0.2%/yr−32.5%−7.6%/yr+79.3%+12.4%/yr
10 years−13.8%−1.5%/yr−36.4%+14.0%+1.3%/yr−18.7%−2.0%/yr+315.9%+15.3%/yr
15 years+15.2%+0.9%/yr−26.5%+32.2%+1.9%/yr+9.9%+0.6%/yr+696.0%+14.8%/yr
Since inceptionNov 24, 2009+45.8%+2.3%/yr−13.3%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: VGLT vs AGG

VGLTU.S. bonds (AGG)

From Nov 24, 2009: VGLT grew to $14,575, AGG to $14,678.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

VGLT returns by calendar year

VGLTAGG

10 of 16 full years positive. Best 2011 (+29.2%), worst 2022 (−29.3%). 2026 is year to date.

VGLT annual returns table

VGLT calendar-year returns
YearVGLTLargest dropAGGTLTSPY
2026YTD−3.2%−11.4%−1.0%−3.4%+12.3%
2025+5.4%−8.5%+7.2%+4.3%+17.7%
2024−6.3%−11.6%+1.3%−8.1%+24.9%
2023+3.3%−20.8%+5.7%+2.8%+26.2%
2022−29.3%−33.1%−13.0%−31.2%−18.2%
2021−5.0%−14.4%−1.8%−4.6%+28.7%
2020+17.6%−14.2%+7.5%+18.2%+18.3%
2019+14.3%−8.0%+8.5%+14.1%+31.2%
2018−1.5%−8.9%+0.1%−1.6%−4.6%
2017+8.6%−4.7%+3.6%+9.2%+21.7%
2016+1.2%−16.9%+2.4%+1.2%+12.0%
2015−1.0%−13.8%+0.5%−1.8%+1.2%
2014+25.2%−4.4%+6.0%+27.3%+13.5%
2013−12.5%−15.3%−2.0%−13.4%+32.3%
2012+3.3%−8.4%+3.8%+2.6%+16.0%
2011+29.2%−9.1%+7.7%+34.0%+1.9%
2010+9.0%−12.4%+6.4%+9.0%+15.1%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

VGLT largest drawdowns

Now 38.6% below the high
VGLT largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Aug 4, 2020−46.2%Oct 19, 2023not yet3.2 years6.2 years so far
Jul 25, 2012−17.8%Aug 19, 2013Oct 15, 20141.1 years2.2 years
Jul 8, 2016−16.9%Dec 14, 2016Jun 3, 20195 months2.9 years
Mar 9, 2020−14.2%Mar 18, 2020Aug 4, 20209 days5 months
Aug 31, 2010−14.0%Feb 8, 2011Aug 4, 20115 months11 months
Jan 30, 2015−13.8%Jun 26, 2015Feb 11, 20165 months1.0 years

Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.

VGLT risk statistics

VGLT risk statistics
Statistic3 years5 years10 yearsSince 2009
Annualized return+0.9%−7.3%−2.2%+1.9%
Volatility (annualized)12.4%13.6%12.9%12.4%
Sharpe ratio-0.22-0.76-0.280.11
Sortino ratio-0.31-0.93-0.390.17
Best month+9.1%+9.1%+10.7%+10.7%
Worst month−5.9%−9.2%−9.2%−9.2%
Best 12 months+15.3%+15.3%+37.0%+37.0%
Worst 12 months−7.7%−31.8%−31.8%−31.8%
Positive months56%47%49%50%
Beta vs S&P 5000.490.490.15—
Correlation with S&P 5000.490.570.18—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

VGLT rolling returns

VGLT rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year192−31.8%+2.5%+37.0%56%
3-year (a year)168−16.2%+3.3%+13.7%70%
5-year (a year)144−9.1%+3.4%+11.0%65%
10-year (a year)84−2.2%+1.2%+9.0%76%

Every holding period starting at a month-end since 2009. Returns for 3 years and longer are annualized.

VGLT performance overview

Vanguard Long-Term Treasury ETF (VGLT) returned −5.9% over the past year and −1.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2009 it has returned +2.3% a year, turning $10,000 into about $14,575. Over the same year U.S. bonds (AGG) returned −1.1%.

The deepest decline was −46.2%, from Aug 4, 2020 to Oct 19, 2023; the fund has not yet regained that high. VGLT finished 10 of its 16 full calendar years with a gain; the best year was 2011 (+29.2%) and the worst 2022 (−29.3%). Volatility has been 12.4% a year.

Related: VGLT chart, VGLT dividends, VGLT bond profile. See the VGLT overview for the latest quote and fund facts.

VGLT performance FAQ

What is the VGLT return over the past year?

VGLT returned −5.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.1%.

What is the average annual return of VGLT?

VGLT has returned −6.4% a year over 5 years, −1.5% a year over 10 years, +2.3% a year since November 24, 2009 (total return, distributions reinvested).

How much would $10,000 invested in VGLT be worth?

$10,000 invested in VGLT at its first recorded close on November 24, 2009 would be worth about $14,575 on October 23, 2026 with distributions reinvested.

What was the worst year for VGLT?

The worst calendar year was 2022, with a total return of −29.3%. The best was 2011 at +29.2%.

What is the biggest drawdown of VGLT?

The largest peak-to-trough decline was −46.2% between August 4, 2020 and October 19, 2023. It has not yet recovered to that high; it is 38.6% below its peak.

How volatile is VGLT?

Over the past 3 years VGLT had an annualized volatility of 12.4% and a Sharpe ratio of -0.22 (excess return over 1–3 month T-bills per unit of risk).