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Vanguard Short-Term Bond Index Fund Institutional ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US9219377697

CUSIP

921937769

Issuer

Vanguard

Inception Date

Sep 29, 2011

Min. Investment

$100,000,000

Asset Class

Bond

Expense Ratio

VBIPX has an expense ratio of 0.04%, which is considered low compared to other funds.


Expense ratio chart for VBIPX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
VBIPX vs. VBILX VBIPX vs. BND VBIPX vs. VBTLX VBIPX vs. VBMPX VBIPX vs. VTEB VBIPX vs. VCSH VBIPX vs. FBNDX VBIPX vs. VGSLX VBIPX vs. TIP VBIPX vs. IEI
Popular comparisons:
VBIPX vs. VBILX VBIPX vs. BND VBIPX vs. VBTLX VBIPX vs. VBMPX VBIPX vs. VTEB VBIPX vs. VCSH VBIPX vs. FBNDX VBIPX vs. VGSLX VBIPX vs. TIP VBIPX vs. IEI

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Vanguard Short-Term Bond Index Fund Institutional Plus, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.38%
7.36%
VBIPX (Vanguard Short-Term Bond Index Fund Institutional Plus)
Benchmark (^GSPC)

Returns By Period

Vanguard Short-Term Bond Index Fund Institutional Plus had a return of 3.25% year-to-date (YTD) and 3.71% in the last 12 months. Over the past 10 years, Vanguard Short-Term Bond Index Fund Institutional Plus had an annualized return of 1.55%, while the S&P 500 had an annualized return of 11.10%, indicating that Vanguard Short-Term Bond Index Fund Institutional Plus did not perform as well as the benchmark.


VBIPX

YTD

3.25%

1M

0.00%

6M

2.38%

1Y

3.71%

5Y*

1.19%

10Y*

1.55%

^GSPC (Benchmark)

YTD

24.66%

1M

0.49%

6M

8.64%

1Y

26.56%

5Y*

13.06%

10Y*

11.10%

Monthly Returns

The table below presents the monthly returns of VBIPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.36%-0.64%0.47%-0.83%1.00%0.68%1.50%0.98%0.97%-1.06%0.40%3.25%
20231.29%-1.24%1.91%0.48%-0.51%-0.61%0.31%0.22%-0.38%0.04%1.77%1.56%4.89%
2022-1.04%-0.58%-1.92%-0.98%0.70%-0.87%1.01%-1.35%-1.77%-0.26%1.38%-0.04%-5.62%
20210.03%-0.36%-0.26%0.29%0.20%-0.18%0.38%-0.09%-0.28%-0.47%-0.10%-0.38%-1.21%
20200.95%1.01%0.27%0.82%0.54%0.42%0.33%-0.04%0.05%-0.06%0.22%0.13%4.74%
20190.49%0.17%0.98%0.19%0.97%0.67%0.01%1.05%-0.09%0.28%-0.01%0.09%4.89%
2018-0.52%-0.24%0.26%-0.33%0.46%0.07%-0.02%0.47%-0.21%0.09%0.28%1.08%1.38%
20170.23%0.22%-0.09%0.42%0.24%-0.06%0.33%0.33%-0.24%-0.04%-0.34%0.06%1.08%
20160.89%0.21%0.50%0.12%-0.16%0.98%0.12%-0.25%0.22%-0.24%-0.92%0.04%1.50%
20151.07%-0.46%0.40%0.01%0.12%-0.17%0.21%-0.08%0.50%-0.17%-0.17%-0.35%0.89%
20140.49%0.19%-0.28%0.30%0.39%-0.09%-0.18%0.29%-0.18%0.50%0.20%-0.35%1.28%
2013-0.07%0.20%0.02%0.29%-0.46%-0.56%0.30%-0.28%0.57%0.39%0.09%-0.56%-0.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VBIPX is 75, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of VBIPX is 7575
Overall Rank
The Sharpe Ratio Rank of VBIPX is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of VBIPX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of VBIPX is 8080
Omega Ratio Rank
The Calmar Ratio Rank of VBIPX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VBIPX is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund Institutional Plus (VBIPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for VBIPX, currently valued at 1.42, compared to the broader market-1.000.001.002.003.004.001.422.12
The chart of Sortino ratio for VBIPX, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.0010.002.192.83
The chart of Omega ratio for VBIPX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.281.39
The chart of Calmar ratio for VBIPX, currently valued at 1.19, compared to the broader market0.002.004.006.008.0010.0012.0014.001.193.13
The chart of Martin ratio for VBIPX, currently valued at 5.49, compared to the broader market0.0020.0040.0060.005.4913.67
VBIPX
^GSPC

The current Vanguard Short-Term Bond Index Fund Institutional Plus Sharpe ratio is 1.42. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Vanguard Short-Term Bond Index Fund Institutional Plus with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.42
1.83
VBIPX (Vanguard Short-Term Bond Index Fund Institutional Plus)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Short-Term Bond Index Fund Institutional Plus provided a 3.34% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 2 consecutive years.


1.20%1.40%1.60%1.80%2.00%2.20%2.40%$0.00$0.05$0.10$0.15$0.20$0.2520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.34$0.25$0.15$0.13$0.20$0.24$0.21$0.16$0.16$0.14$0.14$0.13

Dividend yield

3.34%2.43%1.47%1.22%1.82%2.27%2.04%1.56%1.51%1.37%1.37%1.27%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard Short-Term Bond Index Fund Institutional Plus. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.31
2023$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.25
2022$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.15
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.13
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.20
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.21
2017$0.01$0.01$0.00$0.01$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.16
2016$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.16
2015$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.14
2014$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.14
2013$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.13

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.35%
-3.66%
VBIPX (Vanguard Short-Term Bond Index Fund Institutional Plus)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard Short-Term Bond Index Fund Institutional Plus. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard Short-Term Bond Index Fund Institutional Plus was 8.87%, occurring on Oct 20, 2022. Recovery took 445 trading sessions.

The current Vanguard Short-Term Bond Index Fund Institutional Plus drawdown is 1.35%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.87%Aug 4, 2021307Oct 20, 2022445Jul 31, 2024752
-1.94%Mar 10, 20208Mar 19, 202017Apr 14, 202025
-1.85%Sep 11, 2017172May 16, 2018149Dec 18, 2018321
-1.83%Jul 6, 2016115Dec 15, 2016155Jul 31, 2017270
-1.54%Oct 2, 202437Nov 21, 2024

Volatility

Volatility Chart

The current Vanguard Short-Term Bond Index Fund Institutional Plus volatility is 0.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.67%
3.62%
VBIPX (Vanguard Short-Term Bond Index Fund Institutional Plus)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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