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Vanguard Long-Term Treasury Index Fund ETF Shares

Vanguard · Tracks Bloomberg US Long Treasury Index · Inception Nov 19, 2009

Expense ratio
0.030%
3.0 bps
Net assets
$16.40B
whole fund, 3 share classes
TTM yield
4.45%
Last price
$51.93
as of Nov 10, 2026
Avg volume
3,554,127
shares/day, 30d

Trailing returns

through Nov 10, 2026
1 year
-5.6%
3 year
+1.0%
annualized
5 year
-7.4%
annualized
Growth of $1, 2021-12 to 2026-11

Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.

Composite score

88 / 100
Cost 97

Based on a 0.030% expense ratio.

Liquidity 100

Based on $16.40B in net assets for the whole fund, all 3 share classes. Our sources don't report the ETF class alone.

Concentration N/A

Top-10 holdings represent 20.8% of net assets. Not scored for Treasury and TIPS funds: every holding is the same issuer, so the figure counts issues, not diversification. See methodology.

Tax efficiency 57

US Treasury (Long) base · ETF wrapper · 4.45% TTM yield.

The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.2).

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Top holdings

99 total holdings · as of Aug 31, 2026
# Holding Weight
1 United States Treasury Note/Bond 2.18%
2 United States Treasury Note/Bond 2.15%
3 United States Treasury Note/Bond 2.13%
4 United States Treasury Note/Bond 2.10%
5 United States Treasury Note/Bond 2.09%
6 United States Treasury Note/Bond 2.09%
7 United States Treasury Note/Bond 2.09%
8 United States Treasury Note/Bond 2.04%
9 United States Treasury Note/Bond 2.00%
10 United States Treasury Note/Bond 1.99%

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Holdings sourced from SEC Form N-PORT-P (accession 0001021882-26-000839).