PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VAIPX vs. VSCSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VAIPX and VSCSX is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

VAIPX vs. VSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) and Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX). The values are adjusted to include any dividend payments, if applicable.

44.00%46.00%48.00%50.00%52.00%54.00%JulyAugustSeptemberOctoberNovemberDecember
48.17%
47.19%
VAIPX
VSCSX

Key characteristics

Sharpe Ratio

VAIPX:

0.33

VSCSX:

2.07

Sortino Ratio

VAIPX:

0.48

VSCSX:

3.10

Omega Ratio

VAIPX:

1.06

VSCSX:

1.40

Calmar Ratio

VAIPX:

0.14

VSCSX:

2.97

Martin Ratio

VAIPX:

1.10

VSCSX:

9.43

Ulcer Index

VAIPX:

1.35%

VSCSX:

0.50%

Daily Std Dev

VAIPX:

4.54%

VSCSX:

2.29%

Max Drawdown

VAIPX:

-15.04%

VSCSX:

-9.56%

Current Drawdown

VAIPX:

-7.59%

VSCSX:

-1.14%

Returns By Period

In the year-to-date period, VAIPX achieves a 1.76% return, which is significantly lower than VSCSX's 4.37% return. Over the past 10 years, VAIPX has underperformed VSCSX with an annualized return of 2.17%, while VSCSX has yielded a comparatively higher 2.29% annualized return.


VAIPX

YTD

1.76%

1M

-0.74%

6M

0.69%

1Y

1.80%

5Y*

1.81%

10Y*

2.17%

VSCSX

YTD

4.37%

1M

-0.09%

6M

2.75%

1Y

4.67%

5Y*

1.80%

10Y*

2.29%

Compare stocks, funds, or ETFs

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


VAIPX vs. VSCSX - Expense Ratio Comparison

VAIPX has a 0.10% expense ratio, which is higher than VSCSX's 0.07% 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%.


VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
Expense ratio chart for VAIPX: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VSCSX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

VAIPX vs. VSCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) and Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX). 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.


Sharpe ratio
The chart of Sharpe ratio for VAIPX, currently valued at 0.33, compared to the broader market-1.000.001.002.003.004.000.332.07
The chart of Sortino ratio for VAIPX, currently valued at 0.48, compared to the broader market-2.000.002.004.006.008.0010.000.483.10
The chart of Omega ratio for VAIPX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.40
The chart of Calmar ratio for VAIPX, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.0014.000.142.97
The chart of Martin ratio for VAIPX, currently valued at 1.10, compared to the broader market0.0020.0040.0060.001.109.43
VAIPX
VSCSX

The current VAIPX Sharpe Ratio is 0.33, which is lower than the VSCSX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of VAIPX and VSCSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.33
2.07
VAIPX
VSCSX

Dividends

VAIPX vs. VSCSX - Dividend Comparison

VAIPX's dividend yield for the trailing twelve months is around 2.40%, less than VSCSX's 3.22% yield.


TTM20232022202120202019201820172016201520142013
VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
2.40%4.31%8.45%5.13%1.38%2.30%3.12%2.41%2.12%0.87%2.25%1.83%
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
3.22%3.07%1.99%1.56%2.26%2.85%2.66%2.26%2.11%2.00%1.83%1.83%

Drawdowns

VAIPX vs. VSCSX - Drawdown Comparison

The maximum VAIPX drawdown since its inception was -15.04%, which is greater than VSCSX's maximum drawdown of -9.56%. Use the drawdown chart below to compare losses from any high point for VAIPX and VSCSX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.59%
-1.14%
VAIPX
VSCSX

Volatility

VAIPX vs. VSCSX - Volatility Comparison

Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) has a higher volatility of 1.29% compared to Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) at 0.62%. This indicates that VAIPX's price experiences larger fluctuations and is considered to be riskier than VSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.29%
0.62%
VAIPX
VSCSX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab