Vanguard Short-Term Corporate Bond ETF (VCSH)

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

Vanguard Short-Term Corporate Bond ETF (VCSH) is up 0.6% since the beginning of the year. VCSH is currently trading at $79 per share. Investors who bought $1,000 worth of VCSH shares 5 years ago would now be looking at an investment worth $1,124.

Vanguard Short-Term Corporate Bond ETF (VCSH) has returned 0.62% so far this year and 4.15% over the past 12 months. Over the last ten years, VCSH has returned 2.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Nov 23, 2009, VCSH's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.

Historically, 65% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +2.8%, while the worst month was Mar 2020 at -3.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, VCSH closed higher 52% of trading days. The best single day was Mar 23, 2020 with a return of +3.5%, while the worst single day was Mar 19, 2020 at -3.4%.

Vanguard Short-Term Corporate Bond ETF has an annualized alpha of 2.52%, beta of 0.03, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since November 23, 2009.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (11.09%) than losses (4.92%) - typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R2 of 0.04 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.04 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

VCSH has an expense ratio of 0.04%, which is considered low.

VCSH ranks 71 for risk / return — better than 71% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Vanguard Short-Term Corporate Bond ETF provided a 4.45% dividend yield over the last twelve months, with an annual payout of $3.51 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

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.

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 0.34%.

The chart below shows the rolling one-month volatility.