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Vanguard Short-Term Corporate Bond ETF (VCSH)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS92206C4096
CUSIP92206C409
IssuerVanguard
Inception DateNov 19, 2009
RegionDeveloped Markets (Broad)
CategoryCorporate Bonds
Index TrackedBarclays Capital U.S. 1-5 Year Corporate Index
Home Pageadvisors.vanguard.com
Asset ClassBond

Expense Ratio

The Vanguard Short-Term Corporate Bond ETF has an expense ratio of 0.04% which is considered to be low.


Expense ratio chart for VCSH: 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.


Vanguard Short-Term Corporate Bond ETF

Popular comparisons: VCSH vs. BND, VCSH vs. BSV, VCSH vs. VGSH, VCSH vs. IGSB, VCSH vs. LQD, VCSH vs. VTIP, 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.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
3.97%
22.61%
VCSH (Vanguard Short-Term Corporate Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Vanguard Short-Term Corporate Bond ETF had a return of -0.17% year-to-date (YTD) and 3.56% in the last 12 months. Over the past 10 years, Vanguard Short-Term Corporate Bond ETF had an annualized return of 1.93%, while the S&P 500 had an annualized return of 10.46%, indicating that Vanguard Short-Term Corporate Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-0.17%5.84%
1 month-0.62%-2.98%
6 months4.01%22.02%
1 year3.56%24.47%
5 years (annualized)1.67%11.44%
10 years (annualized)1.93%10.46%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.32%-0.46%0.66%
2023-0.58%-0.10%2.39%1.83%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of VCSH is 60, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of VCSH is 6060
Vanguard Short-Term Corporate Bond ETF(VCSH)
The Sharpe Ratio Rank of VCSH is 6060Sharpe Ratio Rank
The Sortino Ratio Rank of VCSH is 6363Sortino Ratio Rank
The Omega Ratio Rank of VCSH is 5959Omega Ratio Rank
The Calmar Ratio Rank of VCSH is 5050Calmar Ratio Rank
The Martin Ratio Rank of VCSH is 7070Martin 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 Corporate Bond ETF (VCSH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


VCSH
Sharpe ratio
The chart of Sharpe ratio for VCSH, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.001.15
Sortino ratio
The chart of Sortino ratio for VCSH, currently valued at 1.82, compared to the broader market-2.000.002.004.006.008.001.82
Omega ratio
The chart of Omega ratio for VCSH, currently valued at 1.20, compared to the broader market1.001.502.001.20
Calmar ratio
The chart of Calmar ratio for VCSH, currently valued at 0.64, compared to the broader market0.002.004.006.008.0010.000.64
Martin ratio
The chart of Martin ratio for VCSH, currently valued at 5.76, compared to the broader market0.0010.0020.0030.0040.0050.0060.005.76
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.05, compared to the broader market-1.000.001.002.003.004.002.05
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.98, compared to the broader market-2.000.002.004.006.008.002.98
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.36, compared to the broader market1.001.502.001.36
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.002.004.006.008.0010.001.55
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.05, compared to the broader market0.0010.0020.0030.0040.0050.0060.008.05

Sharpe Ratio

The current Vanguard Short-Term Corporate Bond ETF Sharpe ratio is 1.15. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.15
2.05
VCSH (Vanguard Short-Term Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Vanguard Short-Term Corporate Bond ETF granted a 3.37% dividend yield in the last twelve months. The annual payout for that period amounted to $2.58 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.58$2.39$1.51$1.47$1.89$2.33$2.07$1.79$1.67$1.64$1.60$1.64

Dividend yield

3.37%3.09%2.01%1.81%2.27%2.87%2.65%2.26%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.23$0.23
2023$0.00$0.17$0.16$0.19$0.18$0.20$0.19$0.20$0.21$0.21$0.23$0.45
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
2021$0.00$0.12$0.11$0.12$0.11$0.11$0.10$0.11$0.11$0.11$0.10$0.38
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
2019$0.00$0.17$0.17$0.21$0.19$0.21$0.19$0.21$0.20$0.19$0.20$0.39
2018$0.00$0.14$0.14$0.18$0.16$0.17$0.16$0.18$0.17$0.17$0.19$0.38
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
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
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
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
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

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-1.01%
-3.92%
VCSH (Vanguard Short-Term Corporate Bond ETF)
Benchmark (^GSPC)

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 1.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.86%Mar 6, 202010Mar 19, 202048May 28, 202058
-9.48%Aug 4, 2021307Oct 20, 2022
-2.53%May 3, 201336Jun 24, 201387Oct 25, 2013123
-2%Nov 5, 201028Dec 15, 201085Apr 18, 2011113
-1.99%Aug 5, 201146Oct 10, 201168Jan 18, 2012114

Volatility

Volatility Chart

The current Vanguard Short-Term Corporate Bond ETF volatility is 0.85%, 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%NovemberDecember2024FebruaryMarchApril
0.85%
3.60%
VCSH (Vanguard Short-Term Corporate Bond ETF)
Benchmark (^GSPC)