Vanguard Canadian Short Term Bond (VSB.TO)

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

Vanguard Canadian Short Term Bond (VSB.TO) has returned 0.24% so far this year and 2.23% over the past 12 months. Over the last ten years, VSB.TO has returned 1.92% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Dec 6, 2011, VSB.TO's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, your investment would double in approximately 36.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +2.0%, while the worst month was Mar 2022 at -1.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, VSB.TO closed higher 45% of trading days. The best single day was Mar 20, 2020 with a return of +2.4%, while the worst single day was Mar 12, 2020 at -5.1%.

Vanguard Canadian Short Term Bond has an annualized alpha of 1.64%, beta of 0.03, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since December 07, 2011.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (8.27%) than losses (2.88%) — typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R² of 0.03 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 0.03 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.

VSB.TO has an expense ratio of 0.15%, which is considered low.

VSB.TO ranks 63 for risk / return — better than 63% 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.

The table below present risk-adjusted performance metrics for Vanguard Canadian Short Term Bond (VSB.TO) and compare them to a chosen benchmark (S&P 500 Index).

Vanguard Canadian Short Term Bond provided a 3.01% dividend yield over the last twelve months, with an annual payout of CA$0.70 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Vanguard Canadian Short Term Bond. 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 Canadian Short Term Bond. 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 Canadian Short Term Bond was 8.38%, occurring on Mar 18, 2020. Recovery took 20 trading sessions.

The current Vanguard Canadian Short Term Bond drawdown is 0.85%.

The chart below shows the rolling one-month volatility.