PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
USD=X vs. VMBS
Performance
Return for Risk
Drawdowns
Volatility

USD=X vs. VMBS

Last updated Jun 13, 2026

USD=X (USD Cash) is a currency, while VMBS (Vanguard Mortgage-Backed Securities ETF) is Mortgage Backed Securities fund tracking the Barclays Capital U.S. MBS Index. Over the past 10 years, USD=X returned 0.00%/yr vs 1.36%/yr for VMBS.

Performance

USD=X vs. VMBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD Cash (USD=X) and Vanguard Mortgage-Backed Securities ETF (VMBS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%

VMBS

1D
-0.19%
1M
0.33%
YTD
0.87%
6M
1.43%
1Y
6.09%
3Y*
4.69%
5Y*
0.53%
10Y*
1.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USD=X vs. VMBS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
USD=X
USD Cash		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VMBS
Vanguard Mortgage-Backed Securities ETF		0.87%8.36%1.70%5.34%-11.90%-1.28%3.76%6.19%0.91%2.47%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

USD Cash

Vanguard Mortgage-Backed Securities ETF

Often compared with USD=X:
USD=X vs. UUPUSD=X vs. EUR=XUSD=X vs. XRP-USDUSD=X vs. BTC-USDUSD=X vs. QQQUSD=X vs. TSLAUSD=X vs. USDX
Often compared with VMBS:
VMBS vs. SPMBVMBS vs. BNDVMBS vs. VGITVMBS vs. JMBSVMBS vs. VOOVMBS vs. GNMAVMBS vs. FSEC

Return for Risk

USD=X vs. VMBS — Risk / Return Rank

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

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

VMBS
VMBS Risk / Return Rank: 4848
Overall Rank
VMBS Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
VMBS Sortino Ratio Rank: 4949
Sortino Ratio Rank
VMBS Omega Ratio Rank: 4646
Omega Ratio Rank
VMBS Calmar Ratio Rank: 5252
Calmar Ratio Rank
VMBS Martin Ratio Rank: 5050
Martin Ratio Rank
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.

USD=X vs. VMBS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and Vanguard Mortgage-Backed Securities ETF (VMBS). 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.

USD=XVMBSDifference
Sharpe ratioReturn per unit of total volatility

—

1.43

—

Sortino ratioReturn per unit of downside risk

—

2.13

—

Omega ratioGain probability vs. loss probability

—

1.26

—

Calmar ratioReturn relative to maximum drawdown

—

2.28

—

Martin ratioReturn relative to average drawdown

—

7.36

—

USD=X vs. VMBS - Sharpe Ratio Comparison

Loading charts...

Drawdowns

USD=X vs. VMBS - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum VMBS drawdown of -17.47%. Use the drawdown chart below to compare losses from any high point for USD=X and VMBS.

Loading charts...

Drawdown Indicators

USD=XVMBSDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-17.47%

+17.47%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-2.68%

+2.68%

Max Drawdown (3Y)

Largest decline over 3 years

0.00%

-7.65%

+7.65%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

-17.12%

+17.12%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

-17.47%

+17.47%

Current Drawdown

Current decline from peak

0.00%

-1.12%

+1.12%

Average Drawdown

Average peak-to-trough decline

0.00%

-2.49%

+2.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

0.83%

-0.83%

Volatility

USD=X vs. VMBS - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while Vanguard Mortgage-Backed Securities ETF (VMBS) has a volatility of 1.57%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than VMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

USD=XVMBSDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

1.57%

-1.57%

Volatility (6M)

Calculated over the trailing 6-month period

0.00%

3.23%

-3.23%

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

4.29%

-4.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

6.77%

-6.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

5.40%

-5.40%

Frequently Asked Questions

VMBS has higher volatility (1.57%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs VMBS's -17.47%.

Portfolio Optimizer

Find the right allocation for USD=X and VMBS

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer