Vanguard Short-Term Corporate Bond ETF (VCSH)
VCSH is a passive ETF by Vanguard tracking the investment results of the Barclays Capital U.S. 1-5 Year Corporate Index. VCSH launched on Nov 19, 2009 and has a 0.04% expense ratio.
ETF Info
| ISIN | US92206C4096 |
|---|---|
| CUSIP | 92206C409 |
| Issuer | Vanguard |
| Inception Date | Nov 19, 2009 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds |
| Leveraged | 1x |
| Index Tracked | Barclays Capital U.S. 1-5 Year Corporate Index |
| Home Page | advisors.vanguard.com |
| Asset Class | Bond |
Expense Ratio
VCSH has an expense ratio of 0.04%, which is considered low compared to other funds.
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: VCSH vs. BND, VCSH vs. BSV, VCSH vs. VGSH, VCSH vs. IGSB, VCSH vs. VTIP, VCSH vs. LQD, VCSH vs. JPST, VCSH vs. FLDR, VCSH vs. VOO, VCSH vs. VIG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vanguard Short-Term Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Vanguard Short-Term Corporate Bond ETF had a return of 4.38% year-to-date (YTD) and 7.22% in the last 12 months. Over the past 10 years, Vanguard Short-Term Corporate Bond ETF had an annualized return of 2.29%, while the S&P 500 had an annualized return of 11.11%, indicating that Vanguard Short-Term Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.38% | 23.08% |
| 1 month | -0.60% | 0.48% |
| 6 months | 3.49% | 10.70% |
| 1 year | 7.22% | 30.22% |
| 5 years (annualized) | 1.90% | 13.50% |
| 10 years (annualized) | 2.29% | 11.11% |
Monthly Returns
The table below presents the monthly returns of VCSH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.32% | -0.46% | 0.66% | -0.64% | 1.06% | 0.52% | 1.57% | 1.21% | 0.98% | -0.93% | 4.38% | ||
| 2023 | 1.72% | -1.35% | 1.48% | 0.53% | -0.40% | -0.13% | 0.61% | 0.09% | -0.58% | -0.10% | 2.39% | 1.83% | 6.20% |
| 2022 | -1.19% | -0.70% | -1.82% | -1.52% | 0.92% | -1.32% | 1.64% | -1.57% | -2.15% | -0.20% | 2.25% | 0.01% | -5.62% |
| 2021 | -0.17% | -0.27% | -0.18% | 0.42% | 0.29% | -0.05% | 0.32% | -0.07% | -0.22% | -0.51% | -0.28% | 0.11% | -0.63% |
| 2020 | 0.91% | 0.64% | -3.48% | 2.77% | 1.46% | 0.91% | 0.72% | 0.18% | -0.12% | 0.09% | 0.64% | 0.41% | 5.13% |
| 2019 | 1.33% | 0.25% | 1.17% | 0.23% | 0.73% | 0.96% | 0.13% | 1.12% | -0.04% | 0.51% | 0.01% | 0.42% | 7.02% |
| 2018 | -0.34% | -0.54% | 0.14% | -0.11% | 0.37% | -0.02% | 0.29% | 0.54% | -0.08% | -0.07% | -0.08% | 0.83% | 0.92% |
| 2017 | 0.31% | 0.35% | 0.13% | 0.41% | 0.47% | 0.05% | 0.44% | 0.35% | -0.11% | 0.08% | -0.32% | 0.00% | 2.17% |
| 2016 | 0.20% | 0.23% | 1.19% | 0.38% | -0.07% | 1.23% | 0.29% | -0.10% | -0.02% | -0.11% | -0.95% | 0.31% | 2.60% |
| 2015 | 0.93% | -0.20% | 0.31% | 0.07% | 0.09% | -0.47% | 0.38% | -0.33% | 0.60% | 0.13% | -0.01% | -0.23% | 1.26% |
| 2014 | 0.46% | 0.38% | -0.30% | 0.42% | 0.52% | 0.00% | -0.16% | 0.30% | -0.32% | 0.48% | 0.22% | -0.19% | 1.83% |
| 2013 | -0.03% | 0.33% | 0.20% | 0.45% | -0.63% | -0.91% | 0.72% | -0.32% | 0.68% | 0.77% | 0.27% | -0.14% | 1.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of VCSH is 86, placing it in the top 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond ETF (VCSH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Vanguard Short-Term Corporate Bond ETF provided a 3.82% dividend yield over the last twelve months, with an annual payout of $2.99 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.99 | $2.39 | $1.51 | $1.47 | $1.89 | $2.33 | $2.07 | $1.79 | $1.67 | $1.64 | $1.60 | $1.64 |
Dividend yield | 3.82% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.25% | 2.10% | 2.08% | 2.01% | 2.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard Short-Term Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.23 | $0.23 | $0.25 | $0.25 | $0.26 | $0.26 | $0.27 | $0.26 | $0.26 | $0.27 | $2.54 | |
| 2023 | $0.00 | $0.17 | $0.16 | $0.19 | $0.18 | $0.20 | $0.19 | $0.20 | $0.21 | $0.22 | $0.23 | $0.45 | $2.39 |
| 2022 | $0.00 | $0.10 | $0.09 | $0.11 | $0.11 | $0.12 | $0.12 | $0.13 | $0.14 | $0.14 | $0.15 | $0.32 | $1.51 |
| 2021 | $0.00 | $0.13 | $0.11 | $0.12 | $0.11 | $0.11 | $0.10 | $0.11 | $0.11 | $0.11 | $0.10 | $0.38 | $1.47 |
| 2020 | $0.00 | $0.19 | $0.16 | $0.20 | $0.17 | $0.17 | $0.15 | $0.16 | $0.14 | $0.14 | $0.14 | $0.26 | $1.89 |
| 2019 | $0.00 | $0.17 | $0.17 | $0.22 | $0.19 | $0.21 | $0.19 | $0.21 | $0.20 | $0.19 | $0.20 | $0.39 | $2.33 |
| 2018 | $0.00 | $0.14 | $0.14 | $0.18 | $0.16 | $0.17 | $0.17 | $0.18 | $0.17 | $0.17 | $0.19 | $0.38 | $2.07 |
| 2017 | $0.00 | $0.12 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.33 | $1.79 |
| 2016 | $0.00 | $0.11 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.30 | $1.67 |
| 2015 | $0.00 | $0.12 | $0.12 | $0.13 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.36 | $1.64 |
| 2014 | $0.00 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.12 | $0.13 | $0.40 | $1.60 |
| 2013 | $0.13 | $0.12 | $0.14 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.30 | $1.64 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vanguard Short-Term Corporate Bond ETF. 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 Corporate Bond ETF was 12.86%, occurring on Mar 19, 2020. Recovery took 48 trading sessions.
The current Vanguard Short-Term Corporate Bond ETF drawdown is 1.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.86% | Mar 6, 2020 | 10 | Mar 19, 2020 | 48 | May 28, 2020 | 58 |
| -9.48% | Aug 4, 2021 | 307 | Oct 20, 2022 | 393 | May 15, 2024 | 700 |
| -2.53% | May 3, 2013 | 36 | Jun 24, 2013 | 87 | Oct 25, 2013 | 123 |
| -2% | Nov 5, 2010 | 28 | Dec 15, 2010 | 85 | Apr 18, 2011 | 113 |
| -1.99% | Aug 5, 2011 | 46 | Oct 10, 2011 | 68 | Jan 18, 2012 | 114 |
Volatility
Volatility Chart
The current Vanguard Short-Term Corporate Bond ETF volatility is 0.66%, 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.