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IGSB vs. VCSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IGSB vs. VCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Short-Term Corporate Bond ETF (IGSB) and Vanguard Short-Term Corporate Bond ETF (VCSH). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.69%
3.77%
IGSB
VCSH

Returns By Period

The year-to-date returns for both stocks are quite close, with IGSB having a 4.48% return and VCSH slightly lower at 4.46%. Over the past 10 years, IGSB has underperformed VCSH with an annualized return of 2.15%, while VCSH has yielded a comparatively higher 2.30% annualized return.


IGSB

YTD

4.48%

1M

-0.28%

6M

3.69%

1Y

7.02%

5Y (annualized)

2.01%

10Y (annualized)

2.15%

VCSH

YTD

4.46%

1M

-0.19%

6M

3.59%

1Y

7.08%

5Y (annualized)

1.92%

10Y (annualized)

2.30%

Key characteristics


IGSBVCSH
Sharpe Ratio2.812.93
Sortino Ratio4.464.66
Omega Ratio1.571.60
Calmar Ratio2.282.20
Martin Ratio15.8216.09
Ulcer Index0.45%0.45%
Daily Std Dev2.53%2.47%
Max Drawdown-13.38%-12.86%
Current Drawdown-1.04%-0.99%

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IGSB vs. VCSH - Expense Ratio Comparison

IGSB has a 0.06% expense ratio, which is higher than VCSH's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


IGSB
iShares Short-Term Corporate Bond ETF
Expense ratio chart for IGSB: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for VCSH: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Correlation

-0.50.00.51.00.7

The correlation between IGSB and VCSH is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

IGSB vs. VCSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) 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.


Sharpe ratio
The chart of Sharpe ratio for IGSB, currently valued at 2.81, compared to the broader market0.002.004.006.002.812.87
The chart of Sortino ratio for IGSB, currently valued at 4.46, compared to the broader market-2.000.002.004.006.008.0010.0012.004.464.55
The chart of Omega ratio for IGSB, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.001.571.58
The chart of Calmar ratio for IGSB, currently valued at 2.28, compared to the broader market0.005.0010.0015.002.282.15
The chart of Martin ratio for IGSB, currently valued at 15.82, compared to the broader market0.0020.0040.0060.0080.00100.0015.8215.57
IGSB
VCSH

The current IGSB Sharpe Ratio is 2.81, which is comparable to the VCSH Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of IGSB and VCSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio2.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.81
2.87
IGSB
VCSH

Dividends

IGSB vs. VCSH - Dividend Comparison

IGSB's dividend yield for the trailing twelve months is around 3.91%, more than VCSH's 3.82% yield.


TTM20232022202120202019201820172016201520142013
IGSB
iShares Short-Term Corporate Bond ETF
3.91%3.26%2.07%1.82%2.37%3.07%2.46%1.65%1.45%1.18%0.94%1.17%
VCSH
Vanguard Short-Term Corporate Bond ETF
3.82%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%2.05%

Drawdowns

IGSB vs. VCSH - Drawdown Comparison

The maximum IGSB drawdown since its inception was -13.38%, roughly equal to the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for IGSB and VCSH. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.04%
-0.99%
IGSB
VCSH

Volatility

IGSB vs. VCSH - Volatility Comparison

iShares Short-Term Corporate Bond ETF (IGSB) and Vanguard Short-Term Corporate Bond ETF (VCSH) have volatilities of 0.64% and 0.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.50%0.60%0.70%0.80%JuneJulyAugustSeptemberOctoberNovember
0.64%
0.61%
IGSB
VCSH