TSTX-U.TO vs. VSC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.TO) and Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC.TO).

TSTX-U.TO and VSC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSTX-U.TO is a passively managed fund by Global X that tracks the performance of the ICE U.S. Treasury 1-3 Year Bond Index. It was launched on Oct 7, 2025. VSC.TO is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate Canadian 1-5 Year Corporate Float Adjusted Index. It was launched on Nov 2, 2012. Both TSTX-U.TO and VSC.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TSTX-U.TO vs. VSC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.TO) and Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC.TO). The values are adjusted to include any dividend payments, if applicable.

TSTX-U.TO vs. VSC.TO - Yearly Performance Comparison

	2026 (YTD)	2025
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF	-0.24%	1.20%
VSC.TO Vanguard Canadian Short-Term Corporate Bond Index ETF	0.10%	0.40%

Returns By Period

In the year-to-date period, TSTX-U.TO achieves a -0.24% return, which is significantly lower than VSC.TO's 0.10% return.

TSTX-U.TO

• 1D: -0.20%
• 1M: -0.82%
• YTD: -0.24%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VSC.TO

• 1D: 0.00%
• 1M: -0.91%
• YTD: 0.10%
• 6M: 0.61%
• 1Y: 3.13%
• 3Y*: 5.38%
• 5Y*: 2.64%
• 10Y*: 2.72%

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

TSTX-U.TO vs. VSC.TO - Expense Ratio Comparison

TSTX-U.TO has a 0.15% expense ratio, which is higher than VSC.TO's 0.11% 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%.

TSTX-U.TO

Global X 1-3 Year U.S. Treasury Bond Index ETF

VSC.TO

Vanguard Canadian Short-Term Corporate Bond Index ETF

Return for Risk

TSTX-U.TO vs. VSC.TO — Risk / Return Rank

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

VSC.TO

VSC.TO Risk / Return Rank: 78
VSC.TO Sharpe Ratio Rank: 80
VSC.TO Sortino Ratio Rank: 80
VSC.TO Omega Ratio Rank: 78
VSC.TO Calmar Ratio Rank: 76
VSC.TO Martin Ratio Rank: 79

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.

TSTX-U.TO vs. VSC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.TO) and Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC.TO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TSTX-U.TO	VSC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.59	+0.66

Correlation

The correlation between TSTX-U.TO and VSC.TO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TSTX-U.TO vs. VSC.TO - Dividend Comparison

TSTX-U.TO's dividend yield for the trailing twelve months is around 1.41%, less than VSC.TO's 3.97% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF	1.41%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VSC.TO Vanguard Canadian Short-Term Corporate Bond Index ETF	3.97%	3.61%	3.54%	3.14%	2.85%	2.59%	2.64%	2.71%	2.77%	2.75%	2.89%	3.05%

Drawdowns

TSTX-U.TO vs. VSC.TO - Drawdown Comparison

The maximum TSTX-U.TO drawdown since its inception was -0.90%, smaller than the maximum VSC.TO drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for TSTX-U.TO and VSC.TO.

Drawdown Indicators

	TSTX-U.TO	VSC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-0.90%	-15.87%	+14.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-15.87%	—
Current Drawdown Current decline from peak	-0.82%	-0.91%	+0.09%
Average Drawdown Average peak-to-trough decline	-0.19%	-0.98%	+0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.36%	—

Volatility

Volatility by Period

	TSTX-U.TO	VSC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.64%	1.96%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.64%	2.70%	-1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.64%	5.15%	-3.51%