SCRD vs. VTC

Last updated Jun 23, 2026

SCRD (Janus Henderson Corporate Bond ETF) and VTC (Vanguard Total Corporate Bond ETF) are both Corporate Bonds funds. SCRD is actively managed, while VTC is passively managed. Over the past 3 years, SCRD returned 5.64%/yr vs 5.18%/yr for VTC. Their correlation of 0.95 suggests significant overlap in exposure. SCRD charges 0.35%/yr vs 0.03%/yr for VTC.

Performance

SCRD vs. VTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Corporate Bond ETF (SCRD) and Vanguard Total Corporate Bond ETF (VTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCRD achieves a 0.54% return, which is significantly lower than VTC's 0.70% return.

SCRD

• 1D: -0.16%
• 1M: 0.89%
• YTD: 0.54%
• 6M: 0.73%
• 1Y: 5.65%
• 3Y*: 5.64%
• 5Y*: —
• 10Y*: —

VTC

• 1D: -0.25%
• 1M: 0.64%
• YTD: 0.70%
• 6M: 0.82%
• 1Y: 5.20%
• 3Y*: 5.18%
• 5Y*: 0.35%
• 10Y*: —

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

SCRD vs. VTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCRD Janus Henderson Corporate Bond ETF	0.54%	7.77%	3.21%	8.76%	-15.99%	-1.00%
VTC Vanguard Total Corporate Bond ETF	0.70%	7.58%	2.15%	8.58%	-15.68%	-0.91%

Correlation

The correlation between SCRD and VTC is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Sep 9, 2021	0.95

The correlation between SCRD and VTC has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

SCRD vs. VTC — Risk / Return Rank

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

SCRD

SCRD Risk / Return Rank: 43
SCRD Sharpe Ratio Rank: 44
SCRD Sortino Ratio Rank: 46
SCRD Omega Ratio Rank: 43
SCRD Calmar Ratio Rank: 41
SCRD Martin Ratio Rank: 43

VTC

VTC Risk / Return Rank: 35
VTC Sharpe Ratio Rank: 34
VTC Sortino Ratio Rank: 35
VTC Omega Ratio Rank: 32
VTC Calmar Ratio Rank: 37
VTC Martin Ratio Rank: 38

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.

SCRD vs. VTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Vanguard Total Corporate Bond ETF (VTC). 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.

	SCRD	VTC	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.20	+0.30
Sortino ratio: Return per unit of downside risk	2.23	1.78	+0.45
Omega ratio: Gain probability vs. loss probability	1.27	1.21	+0.06
Calmar ratio: Return relative to maximum drawdown	1.98	1.81	+0.16
Martin ratio: Return relative to average drawdown	6.72	5.63	+1.09

SCRD vs. VTC - Sharpe Ratio Comparison

The current SCRD Sharpe Ratio is 1.50, which is comparable to the VTC Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of SCRD and VTC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCRD vs. VTC - Drawdown Comparison

The maximum SCRD drawdown since its inception was -21.17%, roughly equal to the maximum VTC drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for SCRD and VTC.

Drawdown Indicators

	SCRD	VTC	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-22.05%	+0.88%
Max Drawdown (1Y) Largest decline over 1 year	-2.87%	-2.88%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-6.84%	-6.46%	-0.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.05%	—
Current Drawdown Current decline from peak	-0.68%	-0.88%	+0.20%
Average Drawdown Average peak-to-trough decline	-8.68%	-5.81%	-2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	0.92%	-0.08%

Volatility

SCRD vs. VTC - Volatility Comparison

The current volatility for Janus Henderson Corporate Bond ETF (SCRD) is 0.93%, while Vanguard Total Corporate Bond ETF (VTC) has a volatility of 1.20%. This indicates that SCRD experiences smaller price fluctuations and is considered to be less risky than VTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCRD	VTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	1.20%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	3.32%	-0.50%
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	4.34%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.29%	7.08%	-0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.29%	7.67%	-1.38%

SCRD vs. VTC - Expense Ratio Comparison

SCRD has a 0.35% expense ratio, which is higher than VTC's 0.03% expense ratio.

Dividends

SCRD vs. VTC - Dividend Comparison

SCRD's dividend yield for the trailing twelve months is around 5.43%, more than VTC's 4.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCRD Janus Henderson Corporate Bond ETF	5.43%	5.28%	5.36%	3.99%	2.77%	0.83%	0.00%	0.00%	0.00%	0.00%
VTC Vanguard Total Corporate Bond ETF	4.92%	4.76%	4.50%	3.80%	3.13%	2.36%	2.69%	3.34%	3.53%	0.55%

Frequently Asked Questions

Can I hold both SCRD and VTC in my portfolio?

With a correlation of 0.95, SCRD and VTC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SCRD or VTC?

VTC has higher volatility (1.20%) compared to SCRD (0.93%). In terms of maximum drawdown, SCRD dropped -21.17% vs VTC's -22.05%.

Which ETF is better, SCRD or VTC?

On 3-year performance, SCRD leads with 5.64% vs 5.18% for VTC. On fees, VTC is cheaper at 0.03% per year. On volatility, SCRD has been the lower-risk option at 0.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCRD or VTC?

Over the 3-year period, SCRD has performed better with a 5.64% return vs 5.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCRD or VTC?

VTC is cheaper with a 0.03% expense ratio, compared with 0.35% for SCRD.

Which ETF pays a higher dividend yield, SCRD or VTC?

SCRD has the higher dividend yield at 5.43%, compared with 4.92% for VTC.

What is the main difference between SCRD and VTC?

They also come from different issuers: Janus Henderson and Vanguard. Their fees differ too: 0.35% for SCRD and 0.03% for VTC.

Which has better risk-adjusted returns?

SCRD currently has the higher Sharpe Ratio (1.50 vs 1.20), 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.