Which Long-Term Corporate Bond ETF Is the Better Buy: Vanguard’s VCLT or State Street’s SPLB?

Comparing Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) and State Street SPDR Portfolio Long Term Corporate Bond ETF (NYSEMKT:SPLB) reveals two low-cost options for long-term corporate credit exposure with nearly identical historical returns. These funds target corporate bonds with maturities of 10 years or more, offering higher yields than shorter-duration alternatives at the cost of increased interest rate sensitivity. This makes them popular tools for long-term income seekers. While the SPDR fund and Vanguard fund follow different indexes, their portfolios remain remarkably consistent.