VBMFX,USDOLLAR: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Fri 2021-12-31 to Fri 2025-12-12	YTD Return	TRR Price
VBMFX ×	+2.85% 2025-12-12	2.496 TRR 2025-12-12
Vanguard Total Bond Market Index Fund Investor Shares Mutual Fund
USDOLLAR ×	−3.38% 2025-12-12	0.02999 TRR 2025-12-12
United States Dollar Currency

---

Returns

Fri 2021-12-31 to Fri 2025-12-12	Overall Return	Exponential Trendline
VBMFX ×	−15.73% −4.24%/yr	−1.29%/yr (R2=0.110)
Vanguard Total Bond Market Index Fund Investor Shares Mutual Fund
USDOLLAR ×	−14.68% −3.94%/yr	−3.26%/yr (R2=0.958)
United States Dollar Currency

---

Growth of $10,000

Fri 2021-12-31 to Fri 2025-12-12	Start Value	End Value
VBMFX ×	$10,000.00 2021-12-31	$8,426.97 2025-12-12
Vanguard Total Bond Market Index Fund Investor Shares Mutual Fund
USDOLLAR ×	$10,000.00 2021-12-31	$8,532.42 2025-12-12
United States Dollar Currency

---

Annual Returns

Year	VBMFX	USDOLLAR
2025 (YTD)	+2.85%	−3.38%
2024	−1.69%	−2.82%
2023	+2.20%	−3.27%
2022	−18.45%	−6.06%
2021	−8.03%	−6.54%
2020	+6.43%	−1.34%
2019	+6.20%	−2.31%
2018	−2.02%	−1.81%
2017	+1.43%	−2.07%
2016	+0.45%	−2.03%
2015	−0.36%	−0.72%
2014	+5.27%	−0.78%
2013	−3.45%	−1.48%
2012	+2.90%	−1.73%
2011	+5.00%	−2.88%
2010	+5.19%	−1.45%
2009	+3.14%	−2.64%
2008	+5.00%	−0.13%
2007	+2.76%	−3.89%
2006	+1.74%	−2.47%
2005	−0.95%	−3.32%
2004	+1.19%	−3.16%
2003	+1.98%	−1.83%
2002	+6.03%	−2.33%
2001	+6.73%	−1.54%
2000	+7.80%	−3.25%
1999	−2.18%	−2.61%
1998	+7.31%	−1.63%
1997	+7.64%	−1.65%
1996	+0.30%	−3.24%
1995	+15.31%	−2.47%
1994	−5.11%	−2.59%
1993	+8.07%	−2.69%
1992	+5.26%	−2.79%
1991	+12.46%	−2.99%
1990	+2.44%	−5.75%
1989	+8.70%	−4.43%
1988	+2.86%	−4.24%
1987	−2.71%	−4.26%
1986	−0.64%	−1.07%
1985	—	−3.67%
1984	—	−3.78%
1983	—	−3.67%
1982	—	−3.68%
1981	—	−8.19%
1980	—	−11.13%
1979	—	−11.73%
1978	—	−8.27%
1977	—	−6.29%
1976	—	−4.64%
1975	—	−6.48%
1974	—	−10.99%
1973	—	−8.01%
1972	—	−3.30%
1971	—	−3.16%
1970	—	−5.28%
1969	—	−5.83%
1968	—	−4.50%
1967	—	−2.95%
1966	—	−3.30%
1965	—	−1.91%
1964	—	−0.95%
1963	—	−1.67%
1962	—	−1.29%
1961	—	−0.64%
1960	—	−1.35%
1959	—	−1.77%
1958	—	−1.65%
1957	—	−2.87%
1956	—	−2.87%
1955	—	−0.41%
1954	—	+0.74%
1953	—	−0.74%
1952	—	−0.73%
1951	—	−5.66%
1950	—	−5.56%
1949	—	+2.06%
1948	—	−2.87%
1947	—	−8.16%
1946	—	−15.32%
1945	—	−2.23%
1944	—	−2.24%
1943	—	−2.85%
1942	—	−8.30%
1941	—	−9.02%
1940	—	−0.73%
1939	—	+0.00%
1938	—	+2.86%
1937	—	−2.78%
1936	—	−1.44%
1935	—	−2.87%
1934	—	−1.49%
1933	—	−0.76%
1932	—	+11.44%
1931	—	+10.30%
1930	—	+6.79%
1929	—	−0.58%
1928	—	+1.16%
1927	—	+2.33%
1926	—	+1.15%
1925	—	−3.39%
1924	—	+0.00%
1923	—	−2.28%
1922	—	+2.33%
1921	—	+12.17%
1920	—	−2.60%
1919	—	−12.68%
1918	—	−16.98%
1917	—	−15.34%
1916	—	−11.19%
1915	—	−1.95%
1914	—	−0.98%
1913	—	−2.01%

---

Drawdowns

Fri 2021-12-31 to Fri 2025-12-12	Current Drawdown	Worst Drawdown
VBMFX ×	−15.73%	−23.98% 2023-10-19
Vanguard Total Bond Market Index Fund Investor Shares Mutual Fund
USDOLLAR ×	−14.68%	−14.68% 2025-12-08
United States Dollar Currency