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VCRM vs BLV

Vanguard Core Tax-Exempt Bond ETF vs Vanguard Long-Term Bond Fund

VCRM

Vanguard Core Tax-Exempt Bond ETF

Vanguard

Annual cost

0.12%

Fund size

$1.3B

BLV

Vanguard Long-Term Bond Fund

Vanguard

Annual cost

0.03%

Fund size

$8.5B

Key differences

  • BLV costs 0.09% less per year.
  • BLV is significantly larger than VCRM — larger funds tend to be more liquid and less likely to close.
  • BLV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VCRMBLV
Annual cost (TER)0.12%0.03%
Fund size (AUM)$1.3B$8.5B
Since20242006
Dividend yield3.56%4.77%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+7.7%
CAGR 3YN/A+1.7%
CAGR 5YN/A-3.1%
Sharpe 3YN/A-0.10
Volatility 1Y3.05%8.33%
Max drawdown-4.12%-38.29%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to VCRM and BLV