Vanguard Short-Term Investment-Grade Fund Investor Shares (VSMIX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VSMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VSMIX
VSMIX charges 0.20% annually. There are 8 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | — | Jun 2015 | VSMIX vs VIITX | |
| Vanguard Institutional Short-Term Bond Fund | 0.02% | — | Jun 2015 | VSMIX vs VISTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | VSMIX vs FUMBX | |
| Eaton Vance Limited Duration Income Fund | 0.04% | — | May 2003 | VSMIX vs EVV | |
| Schwab Short-Term Bond Index Fund | 0.06% | — | Feb 2017 | VSMIX vs SWSBX |
Best Risk-Adjusted Alternatives to VSMIX
VSMIX has a PortfoliosLab risk / return rank of 85. There are 39 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve Premium Cash Management ETF | 100 | — | May 2023 | VSMIX vs MCAD.TO | |
| GuidepathConservative Income Fund | 99 | — | Apr 2018 | VSMIX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | — | Jul 2016 | VSMIX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | — | Jul 2016 | VSMIX vs DHEAX | |
| DFA Short-Duration Real Return Portfolio | 98 | — | Nov 2013 | VSMIX vs DFAIX |
Top Performing VSMIX Alternatives (YTD)
VSMIX is at 29.09% YTD. No mutual funds in the Short-Term Bond category have higher YTD returns; the top-performing alternatives shown here go as high as 6.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 6.95% | — | Apr 2011 | VSMIX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 3.76% | — | Jul 2005 | VSMIX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 2.10% | — | Nov 2013 | VSMIX vs DFAIX | |
| Holbrook Income Fund | 1.91% | — | Jul 2016 | VSMIX vs HOBEX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.88% | — | Jul 2016 | VSMIX vs DHEIX |
Lowest Volatility Alternatives to VSMIX
VSMIX has 22.00% 1-year volatility. There are 136 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve Premium Cash Management ETF | 0.40% | — | May 2023 | VSMIX vs MCAD.TO | |
| GuidepathConservative Income Fund | 0.79% | — | Apr 2018 | VSMIX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.07% | — | Jul 2016 | VSMIX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.12% | — | Jul 2016 | VSMIX vs DHEAX | |
| DFA Short-Term Extended Quality Portfolio | 1.13% | — | Mar 2009 | VSMIX vs DFEQX |
Lowest Drawdown Alternatives to VSMIX
VSMIX has a 1-year max drawdown of -11.39%. There are 135 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.16%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve Premium Cash Management ETF | -0.16% | — | May 2023 | VSMIX vs MCAD.TO | |
| GuidepathConservative Income Fund | -0.25% | — | Apr 2018 | VSMIX vs GPICX | |
| DFA Short-Duration Real Return Portfolio | -0.47% | — | Nov 2013 | VSMIX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | — | Jul 2016 | VSMIX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | — | Jul 2016 | VSMIX vs DHEIX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VMFXX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VSMIX
Investors most often compare VSMIX with DRGVX, ACAZX, VSCAX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare VSMIX with Any Fund or Stock
Compare VSMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VSMIX with funds that move differently
Vanguard Short-Term Investment-Grade Fund Investor Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VSMIX.
Explore VSMIX Diversifiers