GH vs. VGSH
GH (Guardant Health, 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 5 years, GH returned 6.67%/yr vs 1.85%/yr for VGSH. At a 0.05 correlation, their price movements are largely independent.
Performance
GH vs. VGSH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GH achieves a 55.08% return, which is significantly higher than VGSH's 0.57% return.
GH
- 1D
- -1.03%
- 1M
- 20.35%
- 6M
- 47.25%
- YTD
- 55.08%
- 1Y
- 215.22%
- 3Y*
- 60.49%
- 5Y*
- 6.67%
- 10Y*
- —
VGSH
- 1D
- -0.10%
- 1M
- -0.00%
- 6M
- 0.55%
- YTD
- 0.57%
- 1Y
- 2.98%
- 3Y*
- 4.17%
- 5Y*
- 1.85%
- 10Y*
- 1.72%
GH vs. VGSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GH Guardant Health, Inc. | 55.08% | 234.34% | 12.94% | -0.55% | -72.81% | -22.39% | 64.93% | 107.87% | 35.46% |
VGSH Vanguard Short-Term Treasury ETF | 0.57% | 5.07% | 4.00% | 4.31% | -3.86% | -0.60% | 3.04% | 3.52% | 1.43% |
Correlation
The correlation between GH and VGSH is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GH vs. VGSH — Risk / Return Rank
GH
VGSH
GH vs. VGSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guardant Health, Inc. (GH) 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.
| GH | VGSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.46 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 6.57 | 3.38 | +3.19 |
| Martin ratioReturn relative to average drawdown | 16.55 | 13.07 | +3.48 |
Loading charts...
Drawdowns
GH vs. VGSH - Drawdown Comparison
The maximum GH drawdown since its inception was -91.03%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for GH and VGSH.
Loading charts...
Drawdown Indicators
| GH | VGSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.03% | -5.70% | -85.33% |
Max Drawdown (1Y)Largest decline over 1 year | -32.98% | -0.88% | -32.10% |
Max Drawdown (3Y)Largest decline over 3 years | -59.79% | -0.97% | -58.82% |
Max Drawdown (5Y)Largest decline over 5 years | -87.84% | -5.66% | -82.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.70% | — |
Current DrawdownCurrent decline from peak | -11.56% | -0.22% | -11.34% |
Average DrawdownAverage peak-to-trough decline | -51.23% | -0.60% | -50.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.11% | 0.23% | +12.88% |
Volatility
GH vs. VGSH - Volatility Comparison
Guardant Health, Inc. (GH) has a higher volatility of 17.97% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.48%. This indicates that GH'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.
Loading charts...
Volatility by Period
| GH | VGSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.97% | 0.48% | +17.49% |
Volatility (6M)Calculated over the trailing 6-month period | 40.49% | 0.99% | +39.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.61% | 1.32% | +59.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.06% | 1.98% | +66.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.30% | 1.58% | +66.72% |
Dividends
GH vs. VGSH - Dividend Comparison
GH has not paid dividends to shareholders, while VGSH's dividend yield for the trailing twelve months is around 3.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GH Guardant Health, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 3.85% | 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
GH and VGSH have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GH has higher volatility (17.97%) compared to VGSH (0.48%). In terms of maximum drawdown, GH dropped -91.03% vs VGSH's -5.70%.
GH currently has the higher Sharpe Ratio (3.58 vs 2.27), 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.
Find the right allocation for GH and VGSH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer