BWXT vs. VGSH
BWXT (BWX Technologies, Inc.) is a stock, while VGSH (Vanguard Short-Term Treasury ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index. Over the past 10 years, BWXT returned 20.96%/yr vs 1.70%/yr for VGSH. At a correlation of -0.07, they often move in opposite directions.
Performance
BWXT vs. VGSH - Performance Comparison
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Returns By Period
In the year-to-date period, BWXT achieves a 21.77% return, which is significantly higher than VGSH's 0.47% return. Over the past 10 years, BWXT has outperformed VGSH with an annualized return of 20.96%, while VGSH has yielded a comparatively lower 1.70% annualized return.
BWXT
- 1D
- -0.05%
- 1M
- 3.44%
- YTD
- 21.77%
- 6M
- 18.49%
- 1Y
- 48.57%
- 3Y*
- 47.15%
- 5Y*
- 30.49%
- 10Y*
- 20.96%
VGSH
- 1D
- 0.05%
- 1M
- 0.11%
- YTD
- 0.47%
- 6M
- 0.64%
- 1Y
- 2.99%
- 3Y*
- 4.20%
- 5Y*
- 1.85%
- 10Y*
- 1.70%
BWXT vs. VGSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 21.77% | 56.37% | 46.53% | 33.87% | 23.30% | -19.40% | -1.54% | 64.48% | -36.10% | 53.59% |
VGSH Vanguard Short-Term Treasury ETF | 0.47% | 5.07% | 4.00% | 4.31% | -3.86% | -0.60% | 3.04% | 3.52% | 1.55% | 0.04% |
Correlation
The correlation between BWXT and VGSH is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2010 | -0.07 |
The correlation between BWXT and VGSH shifts across timeframes, from -0.07 (all time) to 0.04 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BWXT vs. VGSH — Risk / Return Rank
BWXT
VGSH
BWXT vs. VGSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BWX Technologies, Inc. (BWXT) and Vanguard Short-Term Treasury ETF (VGSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BWXT | VGSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.48 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 3.40 | -1.29 |
| Martin ratioReturn relative to average drawdown | 4.65 | 13.02 | -8.37 |
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Drawdowns
BWXT vs. VGSH - Drawdown Comparison
The maximum BWXT drawdown since its inception was -47.88%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for BWXT and VGSH.
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Drawdown Indicators
| BWXT | VGSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.88% | -5.70% | -42.18% |
Max Drawdown (1Y)Largest decline over 1 year | -23.14% | -0.88% | -22.26% |
Max Drawdown (3Y)Largest decline over 3 years | -32.87% | -0.97% | -31.90% |
Max Drawdown (5Y)Largest decline over 5 years | -32.87% | -5.66% | -27.21% |
Max Drawdown (10Y)Largest decline over 10 years | -47.74% | -5.70% | -42.04% |
Current DrawdownCurrent decline from peak | -11.85% | -0.31% | -11.54% |
Average DrawdownAverage peak-to-trough decline | -13.17% | -0.60% | -12.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.47% | 0.23% | +10.24% |
Volatility
BWXT vs. VGSH - Volatility Comparison
BWX Technologies, Inc. (BWXT) has a higher volatility of 10.88% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.45%. This indicates that BWXT's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWXT | VGSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.88% | 0.45% | +10.43% |
Volatility (6M)Calculated over the trailing 6-month period | 33.87% | 0.95% | +32.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.24% | 1.31% | +43.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.03% | 1.97% | +31.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.86% | 1.58% | +29.28% |
Dividends
BWXT vs. VGSH - Dividend Comparison
BWXT's dividend yield for the trailing twelve months is around 0.50%, less than VGSH's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 0.50% | 0.58% | 0.86% | 1.20% | 1.52% | 1.75% | 1.26% | 1.10% | 1.67% | 0.69% | 0.91% | 30.37% |
VGSH Vanguard Short-Term Treasury ETF | 3.88% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
Frequently Asked Questions
BWXT and VGSH have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BWXT has higher volatility (10.88%) compared to VGSH (0.45%). In terms of maximum drawdown, BWXT dropped -47.88% vs VGSH's -5.70%.
VGSH currently has the higher Sharpe Ratio (2.29 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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