TMHC vs. VGSH

Last updated Jun 13, 2026

TMHC (Taylor Morrison Home Corporation) 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 10 years, TMHC returned 17.21%/yr vs 1.73%/yr for VGSH. At a 0.07 correlation, their price movements are largely independent.

Performance

TMHC vs. VGSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Taylor Morrison Home Corporation (TMHC) and Vanguard Short-Term Treasury ETF (VGSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMHC achieves a 22.13% return, which is significantly higher than VGSH's 0.57% return. Over the past 10 years, TMHC has outperformed VGSH with an annualized return of 17.21%, while VGSH has yielded a comparatively lower 1.73% annualized return.

TMHC

• 1D: -0.01%
• 1M: 26.25%
• YTD: 22.13%
• 6M: 14.86%
• 1Y: 23.90%
• 3Y*: 15.27%
• 5Y*: 20.87%
• 10Y*: 17.21%

VGSH

• 1D: -0.03%
• 1M: 0.16%
• YTD: 0.57%
• 6M: 0.83%
• 1Y: 3.36%
• 3Y*: 4.25%
• 5Y*: 1.83%
• 10Y*: 1.73%

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

TMHC vs. VGSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TMHC Taylor Morrison Home Corporation	22.13%	-3.82%	14.73%	75.78%	-13.19%	36.30%	17.34%	37.48%	-35.02%	27.05%
VGSH Vanguard Short-Term Treasury ETF	0.57%	5.07%	4.00%	4.31%	-3.86%	-0.60%	3.04%	3.52%	1.55%	0.04%

Correlation

The correlation between TMHC and VGSH is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 10, 2013	0.07

Over the past year, TMHC and VGSH have become more correlated (0.36) than their long-term average of 0.07, meaning their price movements have been converging.

Return for Risk

TMHC vs. VGSH — Risk / Return Rank

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

TMHC

TMHC Risk / Return Rank: 61
TMHC Sharpe Ratio Rank: 61
TMHC Sortino Ratio Rank: 63
TMHC Omega Ratio Rank: 59
TMHC Calmar Ratio Rank: 62
TMHC Martin Ratio Rank: 59

VGSH

VGSH Risk / Return Rank: 88
VGSH Sharpe Ratio Rank: 90
VGSH Sortino Ratio Rank: 94
VGSH Omega Ratio Rank: 92
VGSH Calmar Ratio Rank: 81
VGSH Martin Ratio Rank: 84

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.

TMHC vs. VGSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taylor Morrison Home Corporation (TMHC) 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.

	TMHC	VGSH	Difference
Sharpe ratio: Return per unit of total volatility	0.54	2.61	-2.07
Sortino ratio: Return per unit of downside risk	1.32	4.30	-2.99
Omega ratio: Gain probability vs. loss probability	1.15	1.55	-0.41
Calmar ratio: Return relative to maximum drawdown	0.89	3.76	-2.86
Martin ratio: Return relative to average drawdown	1.66	14.67	-13.01

TMHC vs. VGSH - Sharpe Ratio Comparison

The current TMHC Sharpe Ratio is 0.54, which is lower than the VGSH Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of TMHC and VGSH, 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

TMHC vs. VGSH - Drawdown Comparison

The maximum TMHC drawdown since its inception was -75.18%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for TMHC and VGSH.

Drawdown Indicators

	TMHC	VGSH	Difference
Max Drawdown Largest peak-to-trough decline	-75.18%	-5.70%	-69.48%
Max Drawdown (1Y) Largest decline over 1 year	-23.80%	-0.88%	-22.92%
Max Drawdown (3Y) Largest decline over 3 years	-27.90%	-0.97%	-26.93%
Max Drawdown (5Y) Largest decline over 5 years	-40.84%	-5.66%	-35.18%
Max Drawdown (10Y) Largest decline over 10 years	-75.18%	-5.70%	-69.48%
Current Drawdown Current decline from peak	-3.88%	-0.21%	-3.67%
Average Drawdown Average peak-to-trough decline	-20.26%	-0.60%	-19.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.79%	0.23%	+12.56%

Volatility

TMHC vs. VGSH - Volatility Comparison

Taylor Morrison Home Corporation (TMHC) has a higher volatility of 21.03% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.37%. This indicates that TMHC'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.

Volatility by Period

	TMHC	VGSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.03%	0.37%	+20.66%
Volatility (6M) Calculated over the trailing 6-month period	29.55%	0.90%	+28.65%
Volatility (1Y) Calculated over the trailing 1-year period	39.09%	1.28%	+37.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.83%	1.97%	+35.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.77%	1.58%	+43.19%

Dividends

TMHC vs. VGSH - Dividend Comparison

TMHC has not paid dividends to shareholders, while VGSH's dividend yield for the trailing twelve months is around 3.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TMHC Taylor Morrison Home Corporation	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	3.87%	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

Can I hold both TMHC and VGSH in my portfolio?

TMHC and VGSH have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMHC or VGSH?

TMHC has higher volatility (21.03%) compared to VGSH (0.37%). In terms of maximum drawdown, TMHC dropped -75.18% vs VGSH's -5.70%.

Which has better risk-adjusted returns?

VGSH currently has the higher Sharpe Ratio (2.61 vs 0.54), 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.