MSCI vs. VBIL
MSCI (MSCI Inc.) is a stock, while VBIL (Vanguard 0-3 Month Treasury Bill ETF) is Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index. Over the past year, MSCI returned 6.22% vs 3.91% for VBIL. At a correlation of -0.02, they often move in opposite directions.
Performance
MSCI vs. VBIL - Performance Comparison
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Returns By Period
In the year-to-date period, MSCI achieves a 2.12% return, which is significantly higher than VBIL's 1.71% return.
MSCI
- 1D
- 0.11%
- 1M
- -1.20%
- YTD
- 2.12%
- 6M
- 0.79%
- 1Y
- 6.22%
- 3Y*
- 9.06%
- 5Y*
- 2.89%
- 10Y*
- 24.30%
VBIL
- 1D
- 0.01%
- 1M
- 0.30%
- YTD
- 1.71%
- 6M
- 1.81%
- 1Y
- 3.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSCI vs. VBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSCI MSCI Inc. | 2.12% | -0.42% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 1.71% | 3.73% |
Correlation
The correlation between MSCI and VBIL is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2025 | -0.02 |
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Return for Risk
MSCI vs. VBIL — Risk / Return Rank
MSCI
VBIL
MSCI vs. VBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MSCI Inc. (MSCI) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). 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.
| MSCI | VBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -17.86 | ||
| Sortino ratioReturn per unit of downside risk | -111.31 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 39.66 | -38.59 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 296.41 | -296.07 |
| Martin ratioReturn relative to average drawdown | 0.89 | 1,960.46 | -1,959.58 |
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Drawdowns
MSCI vs. VBIL - Drawdown Comparison
The maximum MSCI drawdown since its inception was -69.06%, which is greater than VBIL's maximum drawdown of -0.09%. Use the drawdown chart below to compare losses from any high point for MSCI and VBIL.
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Drawdown Indicators
| MSCI | VBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.06% | -0.09% | -68.97% |
Max Drawdown (1Y)Largest decline over 1 year | -18.07% | -0.01% | -18.06% |
Max Drawdown (3Y)Largest decline over 3 years | -25.99% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.74% | — | — |
Current DrawdownCurrent decline from peak | -9.68% | 0.00% | -9.68% |
Average DrawdownAverage peak-to-trough decline | -13.07% | -0.00% | -13.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 0.00% | +7.03% |
Volatility
MSCI vs. VBIL - Volatility Comparison
MSCI Inc. (MSCI) has a higher volatility of 8.23% compared to Vanguard 0-3 Month Treasury Bill ETF (VBIL) at 0.05%. This indicates that MSCI's price experiences larger fluctuations and is considered to be riskier than VBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSCI | VBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 0.05% | +8.18% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 0.16% | +20.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.85% | 0.22% | +28.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.74% | 0.30% | +30.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.18% | 0.30% | +30.88% |
Dividends
MSCI vs. VBIL - Dividend Comparison
MSCI's dividend yield for the trailing twelve months is around 1.32%, less than VBIL's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSCI MSCI Inc. | 1.32% | 1.25% | 1.07% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 3.65% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MSCI and VBIL have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSCI has higher volatility (8.23%) compared to VBIL (0.05%). In terms of maximum drawdown, MSCI dropped -69.06% vs VBIL's -0.09%.
VBIL currently has the higher Sharpe Ratio (18.07 vs 0.22), 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.
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