VGLT: Vanguard Long-Term Treasury ETF

Vanguard Long-Term Treasury ETF (VGLT) is an exchange-traded fund (ETF) run by Vanguard. This fund owns about 100 US Treasury bonds, which are loans to the US government. It charges 0.03% a year. From January 2010 to October 2026 it returned about 2.4% a year, and its worst drop was −46.2%.

Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.

Yearly fee
0.03%
about $3 on $10,000
Return per year
2.4%
since January 2010
Worst drop
−46.2%
since 2010
Started trading
Nov 2009
Vanguard

Key points

  • Expense ratio: 0.03% a year (about $3 on $10,000).
  • Started trading on November 19, 2009.
  • Worst drop since 2010: −46.2%.
  • No Tactfolio classic strategies hold it.

What does VGLT hold?#

This fund owns about 100 US Treasury bonds, which are loans to the US government. These bonds are not paid back for 10 years or more. Long bonds like these can lose a lot of value when interest rates rise.

It tracks the Bloomberg US Long Treasury Bond Index. It had 101 holdings as of September 30, 2026, according to Vanguard.

FactVGLT
Full nameVanguard Long-Term Treasury ETF
IssuerVanguard
Expense ratio0.03% a year
Started tradingNovember 19, 2009
TracksBloomberg US Long Treasury Bond Index
TypeUS bonds, ETF
Holdings101 holdings as of September 30, 2026
Facts checkedOctober 17, 2026 on the Vanguard fund page

What is the VGLT expense ratio?#

VGLT charges 0.03% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.03% fee comes to about $3 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has VGLT done since 2010?#

$10k$20k20112013201520172019202120232025
VGLTGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

From January 2010 to October 2026, VGLT returned about 2.4% a year. Say you put in $10,000 at the start. It would have been worth about $14,953 at the end, with every dividend reinvested.

MeasureVGLT
Total return49.5%
Return per year (CAGR)2.4%
Worst drop from a high−46.2%
Volatility (how much it swings)13.4%
Last 12 months−7.2%
Last 3 years, per year2.7%
Last 5 years, per year−6.8%
Last 10 years, per year−1.5%

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

VGLT returns by year#

YearVGLT return
2026 (part of the year)−4.6%
20255.3%
2024−6.3%
20233.3%
2022−29.3%
2021−5.0%
202017.6%
201914.3%
2018−1.5%
20178.6%
20161.2%
2015−1.3%
201425.2%
2013−12.4%
20123.3%
201129.2%
20109.0%

What was VGLT’s worst drop?#

0%−10%−20%−30%−40%20112013201520172019202120232025
Drawdown: how far VGLT was below its last high on each day.

A drawdown is how far a fund falls from its last high point. VGLT’s worst fall was −46.2%, from August 4, 2020 to October 19, 2023. By October 16, 2026 it had not yet climbed back to that high.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold VGLT?#

No classic strategy holds VGLT yet. You can add it to your own rules in the builder and see how they would have done.

How does VGLT compare with similar ETFs?#

Funds that can stand in for VGLT:

  • EDV: Vanguard Extended Duration Treasury ETF, 0.05% a year
  • TLT: iShares 20+ Year Treasury Bond ETF, 0.15% a year
  • VGIT: Vanguard Intermediate-Term Treasury ETF, 0.03% a year
  • IEF: iShares 7-10 Year Treasury Bond ETF, 0.15% a year

See all 4 VGLT alternatives, compared on the same dates as VGLT.

Test VGLT in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add VGLT, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for VGLT. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from Vanguard. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.

Common questions#

What is the expense ratio of VGLT?#

VGLT charges 0.03% a year, according to Vanguard as of October 17, 2026. That is about $3 a year for every $10,000 you hold.

When did VGLT start trading?#

VGLT started trading on November 19, 2009. It is run by Vanguard.

What does VGLT track?#

VGLT tracks the Bloomberg US Long Treasury Bond Index. This fund owns about 100 US Treasury bonds, which are loans to the US government.

How much has VGLT returned per year?#

From January 2010 to October 2026, VGLT returned about 2.4% a year with dividends reinvested. Its worst drop was −46.2%. Past returns do not tell you what it will do next.

Which strategies use VGLT?#

None of Tactfolio’s classic strategies hold VGLT yet. You can test it in your own rules in the builder.

Sources#