All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

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

VBMFX real return snapshot: after CPI-U inflation, VBMFX returned −3.38% over the past year and −4.76% YTD, with dividends reinvested. Since Dec. 11, 1986, VBMFX is up +126.40% in real purchasing-power return, or +2.08%/yr, and is currently −26.08% below its real total-return high on Aug. 4, 2020.

Data ending Tue Sep. 22, 2026

Growth of $10,000

Thu 1986-12-11💬 to Tue 2026-09-22 Overall
Return
Exponential
Trendline
VBMFX
×
+126.40%
+2.08%/yr
+2.63%/yr
R2=0.812
Vanguard Total Bond Market Index Fund Investor Shares Mutual Fund

Growth of $10,000 Summary

Thu 1986-12-11💬 to Tue 2026-09-22 Start
Value
End
Value
VBMFX
×
$10,000.00
1986-12-11
$22,639.98
2026-09-22

This Year’s Performance

through 2026-09-22

  YTD YoY
VBMFX
×
−4.76% −3.38%

Drawdowns

  Current
Drawdown
Worst
Drawdown
VBMFX
×
−26.08%
on 2026-09-22
from 2020-08-04 peak
−30.93%
on 2023-10-19
from 2020-08-04 peak

Rolling Returns

Period ending Tue 2026-09-22 1 yr 2 yr 3 yr 5 yr 10 yr
VBMFX
×
−3.38% −4.01%
−2.03%/yr
+3.67%
+1.21%/yr
−21.02%
−4.61%/yr
−18.91%
−2.07%/yr

Annual Returns

Year VBMFX
2026 (YTD) −4.76%
2025 +4.26%
2024 −1.69%
2023 +2.20%
2022 −18.50%
2021 −8.21%
2020 +6.19%
2019 +6.20%
2018 −1.99%
2017 +1.33%
2016 +0.42%
2015 −0.43%
2014 +4.97%
2013 −3.69%
2012 +2.29%
2011 +4.49%
2010 +4.75%
2009 +3.14%
2008 +5.00%
2007 +2.75%
2006 +1.75%
2005 −0.97%
2004 +0.99%
2003 +1.99%
2002 +5.92%
2001 +6.73%
2000 +7.79%
1999 −2.32%
1998 +6.91%
1997 +7.64%
1996 +0.29%
1995 +15.32%
1994 −5.14%
1993 +6.79%
1992 +4.24%
1991 +11.90%
1990 +2.45%
1989 +8.67%
1988 +2.89%
1987 −2.71%
1986 −0.66%