CBON vs. VCSH
Compare and contrast key facts about VanEck Vectors ChinaAMC China Bond ETF (CBON) and Vanguard Short-Term Corporate Bond ETF (VCSH).
CBON and VCSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CBON is a passively managed fund by VanEck that tracks the performance of the ChinaBond China High Quality Bond Index. It was launched on Nov 10, 2014. VCSH is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. 1-5 Year Corporate Index. It was launched on Nov 19, 2009. Both CBON and VCSH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBON or VCSH.
Correlation
The correlation between CBON and VCSH is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CBON vs. VCSH - Performance Comparison
Key characteristics
CBON:
0.58
VCSH:
2.69
CBON:
0.84
VCSH:
4.03
CBON:
1.10
VCSH:
1.56
CBON:
0.37
VCSH:
5.00
CBON:
1.19
VCSH:
14.04
CBON:
2.32%
VCSH:
0.46%
CBON:
5.10%
VCSH:
2.42%
CBON:
-14.13%
VCSH:
-12.86%
CBON:
-4.33%
VCSH:
-0.40%
Returns By Period
In the year-to-date period, CBON achieves a 1.06% return, which is significantly lower than VCSH's 2.16% return. Over the past 10 years, CBON has underperformed VCSH with an annualized return of 1.96%, while VCSH has yielded a comparatively higher 2.46% annualized return.
CBON
1.06%
2.40%
0.08%
2.93%
2.48%
1.96%
VCSH
2.16%
0.94%
2.38%
6.48%
2.20%
2.46%
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CBON vs. VCSH - Expense Ratio Comparison
CBON has a 0.50% expense ratio, which is higher than VCSH's 0.04% expense ratio.
Risk-Adjusted Performance
CBON vs. VCSH — Risk-Adjusted Performance Rank
CBON
VCSH
CBON vs. VCSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors ChinaAMC China Bond ETF (CBON) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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.
Dividends
CBON vs. VCSH - Dividend Comparison
CBON's dividend yield for the trailing twelve months is around 1.91%, less than VCSH's 4.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBON VanEck Vectors ChinaAMC China Bond ETF | 1.91% | 2.15% | 3.01% | 2.70% | 3.05% | 2.87% | 3.87% | 3.39% | 3.33% | 3.25% | 2.78% | 0.28% |
VCSH Vanguard Short-Term Corporate Bond ETF | 4.13% | 3.96% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.25% | 2.10% | 2.08% | 2.01% |
Drawdowns
CBON vs. VCSH - Drawdown Comparison
The maximum CBON drawdown since its inception was -14.13%, which is greater than VCSH's maximum drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for CBON and VCSH. For additional features, visit the drawdowns tool.
Volatility
CBON vs. VCSH - Volatility Comparison
VanEck Vectors ChinaAMC China Bond ETF (CBON) has a higher volatility of 1.76% compared to Vanguard Short-Term Corporate Bond ETF (VCSH) at 1.15%. This indicates that CBON's price experiences larger fluctuations and is considered to be riskier than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.