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GTO vs VCIT

Invesco Total Return Bond ETF vs Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

VCIT

Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares

Annual cost

0.03%

Fund size

$68.1B

Key differences

  • VCIT costs 0.32% less per year.
  • VCIT is significantly larger than GTO — larger funds tend to be more liquid and less likely to close.
  • GTO follows a active selection strategy; VCIT uses index tracking.
  • Over the last 3 years, VCIT has delivered higher annualized returns.
  • VCIT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOVCIT
Annual cost (TER)0.35%0.03%
Fund size (AUM)$2.3B$68.1B
Since20162009
Dividend yield4.75%4.74%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+7.0%
CAGR 3Y+5.0%+6.2%
CAGR 5Y+0.2%+1.4%
Sharpe 3Y0.290.47
Volatility 1Y3.47%4.15%
Max drawdown-20.75%-20.56%

Similar to GTO and VCIT