IBALX vs. VGSH
Compare and contrast key facts about Transamerica Multi-Managed Balanced Fund (IBALX) and Vanguard Short-Term Treasury ETF (VGSH).
IBALX is managed by BlackRock. It was launched on Dec 1, 1994. VGSH is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Treasury 1-3 Year Index. It was launched on Nov 19, 2009.
Performance
IBALX vs. VGSH - Performance Comparison
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IBALX vs. VGSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBALX Transamerica Multi-Managed Balanced Fund | -4.82% | 12.69% | 14.53% | 18.44% | -16.48% | 16.65% | 15.55% | 21.33% | -3.99% | 13.84% |
VGSH Vanguard Short-Term Treasury ETF | 0.28% | 5.07% | 4.00% | 4.31% | -3.86% | -0.60% | 3.04% | 3.52% | 1.55% | 0.04% |
Returns By Period
In the year-to-date period, IBALX achieves a -4.82% return, which is significantly lower than VGSH's 0.28% return. Over the past 10 years, IBALX has outperformed VGSH with an annualized return of 8.68%, while VGSH has yielded a comparatively lower 1.74% annualized return.
IBALX
- 1D
- 0.03%
- 1M
- -5.58%
- YTD
- -4.82%
- 6M
- -3.08%
- 1Y
- 9.42%
- 3Y*
- 11.16%
- 5Y*
- 6.67%
- 10Y*
- 8.68%
VGSH
- 1D
- 0.09%
- 1M
- -0.49%
- YTD
- 0.28%
- 6M
- 1.37%
- 1Y
- 3.75%
- 3Y*
- 3.98%
- 5Y*
- 1.79%
- 10Y*
- 1.74%
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IBALX vs. VGSH - Expense Ratio Comparison
IBALX has a 0.96% expense ratio, which is higher than VGSH's 0.03% expense ratio.
Return for Risk
IBALX vs. VGSH — Risk / Return Rank
IBALX
VGSH
IBALX vs. VGSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Multi-Managed Balanced Fund (IBALX) 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.
| IBALX | VGSH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 2.62 | -1.72 |
Sortino ratioReturn per unit of downside risk | 1.35 | 4.21 | -2.86 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.57 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 4.26 | -3.11 |
Martin ratioReturn relative to average drawdown | 5.18 | 16.28 | -11.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBALX | VGSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 2.62 | -1.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.92 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.11 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 1.02 | -0.27 |
Correlation
The correlation between IBALX and VGSH is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IBALX vs. VGSH - Dividend Comparison
IBALX's dividend yield for the trailing twelve months is around 6.46%, more than VGSH's 3.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBALX Transamerica Multi-Managed Balanced Fund | 6.46% | 6.13% | 7.92% | 4.09% | 3.09% | 6.82% | 4.84% | 4.15% | 8.16% | 3.20% | 1.49% | 3.44% |
VGSH Vanguard Short-Term Treasury ETF | 3.95% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
Drawdowns
IBALX vs. VGSH - Drawdown Comparison
The maximum IBALX drawdown since its inception was -43.33%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for IBALX and VGSH.
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Drawdown Indicators
| IBALX | VGSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.33% | -5.70% | -37.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.60% | -0.88% | -6.72% |
Max Drawdown (5Y)Largest decline over 5 years | -23.64% | -5.70% | -17.94% |
Max Drawdown (10Y)Largest decline over 10 years | -23.64% | -5.70% | -17.94% |
Current DrawdownCurrent decline from peak | -6.08% | -0.49% | -5.59% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -0.60% | -5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 0.23% | +1.45% |
Volatility
IBALX vs. VGSH - Volatility Comparison
Transamerica Multi-Managed Balanced Fund (IBALX) has a higher volatility of 2.98% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.52%. This indicates that IBALX'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
| IBALX | VGSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.98% | 0.52% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 5.67% | 0.84% | +4.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.95% | 1.44% | +9.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.44% | 1.96% | +9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.46% | 1.57% | +9.89% |