FCFBX vs. VUSFX

Last updated Apr 1, 2026

Compare and contrast key facts about Frost Credit Fund A Class Shares (FCFBX) and Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX).

FCFBX is managed by Fidelity. It was launched on Dec 3, 2012. VUSFX is managed by Vanguard. It was launched on Feb 24, 2015.

Performance

FCFBX vs. VUSFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Frost Credit Fund A Class Shares (FCFBX) and Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX). The values are adjusted to include any dividend payments, if applicable.

FCFBX vs. VUSFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FCFBX Frost Credit Fund A Class Shares	-0.70%	4.16%	7.90%	11.35%	-7.84%	5.07%	6.12%	6.88%	-0.18%
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares	0.61%	5.11%	6.11%	5.53%	-0.38%	0.08%	2.10%	3.39%	1.53%

Returns By Period

In the year-to-date period, FCFBX achieves a -0.70% return, which is significantly lower than VUSFX's 0.61% return.

FCFBX

• 1D: -0.33%
• 1M: -2.03%
• YTD: -0.70%
• 6M: -0.66%
• 1Y: 3.05%
• 3Y*: 6.54%
• 5Y*: 3.45%
• 10Y*: —

VUSFX

• 1D: 0.05%
• 1M: -0.10%
• YTD: 0.61%
• 6M: 1.76%
• 1Y: 4.42%
• 3Y*: 5.35%
• 5Y*: 3.36%
• 10Y*: 2.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCFBX vs. VUSFX - Expense Ratio Comparison

FCFBX has a 1.11% expense ratio, which is higher than VUSFX's 0.10% expense ratio.

FCFBX

Frost Credit Fund A Class Shares

VUSFX

Vanguard Ultra-Short-Term Bond Fund Admiral Shares

Return for Risk

FCFBX vs. VUSFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCFBX

FCFBX Risk / Return Rank: 58
FCFBX Sharpe Ratio Rank: 68
FCFBX Sortino Ratio Rank: 66
FCFBX Omega Ratio Rank: 61
FCFBX Calmar Ratio Rank: 50
FCFBX Martin Ratio Rank: 46

VUSFX

VUSFX Risk / Return Rank: 100
VUSFX Sharpe Ratio Rank: 100
VUSFX Sortino Ratio Rank: 100
VUSFX Omega Ratio Rank: 100
VUSFX Calmar Ratio Rank: 100
VUSFX Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCFBX vs. VUSFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Frost Credit Fund A Class Shares (FCFBX) and Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX). 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.

	FCFBX	VUSFX	Difference
Sharpe ratio Return per unit of total volatility	1.20	6.62	-5.42
Sortino ratio Return per unit of downside risk	1.67	11.85	-10.18
Omega ratio Gain probability vs. loss probability	1.23	3.64	-2.41
Calmar ratio Return relative to maximum drawdown	1.22	12.88	-11.66
Martin ratio Return relative to average drawdown	4.65	74.39	-69.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCFBX vs. VUSFX - Sharpe Ratio Comparison

The current FCFBX Sharpe Ratio is 1.20, which is lower than the VUSFX Sharpe Ratio of 6.62. The chart below compares the historical Sharpe Ratios of FCFBX and VUSFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCFBX	VUSFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	6.62	-5.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	4.19	-2.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	3.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	3.93	-2.79

Correlation

The correlation between FCFBX and VUSFX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FCFBX vs. VUSFX - Dividend Comparison

FCFBX's dividend yield for the trailing twelve months is around 5.62%, more than VUSFX's 4.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FCFBX Frost Credit Fund A Class Shares	5.62%	5.09%	5.76%	5.93%	5.00%	3.65%	3.70%	4.55%	3.10%	0.00%	0.00%
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares	4.23%	4.73%	5.52%	4.15%	1.38%	0.53%	1.62%	2.68%	2.23%	1.52%	1.07%

Drawdowns

FCFBX vs. VUSFX - Drawdown Comparison

The maximum FCFBX drawdown since its inception was -16.34%, which is greater than VUSFX's maximum drawdown of -1.71%. Use the drawdown chart below to compare losses from any high point for FCFBX and VUSFX.

Drawdown Indicators

	FCFBX	VUSFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.34%	-1.71%	-14.63%
Max Drawdown (1Y) Largest decline over 1 year	-2.24%	-0.35%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	-10.77%	-1.71%	-9.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-1.71%	—
Current Drawdown Current decline from peak	-2.03%	-0.10%	-1.93%
Average Drawdown Average peak-to-trough decline	-1.85%	-0.15%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.59%	0.06%	+0.53%

Volatility

FCFBX vs. VUSFX - Volatility Comparison

Frost Credit Fund A Class Shares (FCFBX) has a higher volatility of 0.95% compared to Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX) at 0.27%. This indicates that FCFBX's price experiences larger fluctuations and is considered to be riskier than VUSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCFBX	VUSFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.95%	0.27%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	1.43%	0.43%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	2.65%	0.67%	+1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.80%	0.81%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.55%	0.68%	+2.87%