VBISX vs. VBIRX
Compare and contrast key facts about Vanguard Short-Term Bond Index Fund (VBISX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX).
VBISX is managed by Vanguard. It was launched on Mar 1, 1994. VBIRX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBISX or VBIRX.
Key characteristics
| VBISX | VBIRX | |
|---|---|---|
| YTD Return | 3.05% | 3.12% |
| 1Y Return | 5.42% | 5.50% |
| 3Y Return (Ann) | 0.50% | 0.57% |
| 5Y Return (Ann) | 1.08% | 1.15% |
| 10Y Return (Ann) | 1.41% | 1.47% |
| Sharpe Ratio | 2.10 | 2.11 |
| Sortino Ratio | 3.34 | 3.38 |
| Omega Ratio | 1.43 | 1.43 |
| Calmar Ratio | 1.21 | 1.26 |
| Martin Ratio | 9.58 | 10.34 |
| Ulcer Index | 0.63% | 0.59% |
| Daily Std Dev | 2.88% | 2.91% |
| Max Drawdown | -8.98% | -8.91% |
| Current Drawdown | -1.46% | -1.46% |
Correlation
The correlation between VBISX and VBIRX is 0.99, 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.
Performance
VBISX vs. VBIRX - Performance Comparison
The year-to-date returns for both investments are quite close, with VBISX having a 3.05% return and VBIRX slightly higher at 3.12%. Both investments have delivered pretty close results over the past 10 years, with VBISX having a 1.41% annualized return and VBIRX not far ahead at 1.47%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VBISX vs. VBIRX - Expense Ratio Comparison
VBISX has a 0.15% expense ratio, which is higher than VBIRX'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%.
Risk-Adjusted Performance
VBISX vs. VBIRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund (VBISX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX). 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.
Dividends
VBISX vs. VBIRX - Dividend Comparison
VBISX's dividend yield for the trailing twelve months is around 3.17%, less than VBIRX's 3.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBISX Vanguard Short-Term Bond Index Fund | 3.17% | 2.34% | 1.37% | 1.10% | 1.72% | 2.16% | 1.93% | 1.58% | 1.41% | 1.25% | 1.12% | 1.11% |
VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | 3.24% | 2.41% | 1.44% | 1.17% | 1.78% | 2.23% | 2.04% | 1.53% | 1.48% | 1.32% | 1.20% | 1.21% |
Drawdowns
VBISX vs. VBIRX - Drawdown Comparison
The maximum VBISX drawdown since its inception was -8.98%, roughly equal to the maximum VBIRX drawdown of -8.91%. Use the drawdown chart below to compare losses from any high point for VBISX and VBIRX. For additional features, visit the drawdowns tool.
Volatility
VBISX vs. VBIRX - Volatility Comparison
Vanguard Short-Term Bond Index Fund (VBISX) has a higher volatility of 0.70% compared to Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX) at 0.61%. This indicates that VBISX's price experiences larger fluctuations and is considered to be riskier than VBIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.