PortfoliosLab logo
VCSH vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VCSH and BND is 0.07, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

VCSH vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Corporate Bond ETF (VCSH) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

40.00%45.00%50.00%NovemberDecember2025FebruaryMarchApril
52.77%
43.01%
VCSH
BND

Key characteristics

Sharpe Ratio

VCSH:

2.99

BND:

1.33

Sortino Ratio

VCSH:

4.60

BND:

1.93

Omega Ratio

VCSH:

1.64

BND:

1.23

Calmar Ratio

VCSH:

5.64

BND:

0.52

Martin Ratio

VCSH:

15.89

BND:

3.43

Ulcer Index

VCSH:

0.46%

BND:

2.05%

Daily Std Dev

VCSH:

2.43%

BND:

5.31%

Max Drawdown

VCSH:

-12.86%

BND:

-18.84%

Current Drawdown

VCSH:

-0.03%

BND:

-6.87%

Returns By Period

In the year-to-date period, VCSH achieves a 2.26% return, which is significantly lower than BND's 2.74% return. Over the past 10 years, VCSH has outperformed BND with an annualized return of 2.45%, while BND has yielded a comparatively lower 1.43% annualized return.


VCSH

YTD

2.26%

1M

0.62%

6M

2.65%

1Y

7.48%

5Y*

2.28%

10Y*

2.45%

BND

YTD

2.74%

1M

0.67%

6M

1.94%

1Y

7.62%

5Y*

-0.84%

10Y*

1.43%

*Annualized

Compare stocks, funds, or ETFs

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


VCSH vs. BND - Expense Ratio Comparison

VCSH has a 0.04% expense ratio, which is higher than BND's 0.03% 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%.


Expense ratio chart for VCSH: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCSH: 0.04%
Expense ratio chart for BND: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BND: 0.03%

Risk-Adjusted Performance

VCSH vs. BND — Risk-Adjusted Performance Rank

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

VCSH
The Risk-Adjusted Performance Rank of VCSH is 9797
Overall Rank
The Sharpe Ratio Rank of VCSH is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of VCSH is 9898
Sortino Ratio Rank
The Omega Ratio Rank of VCSH is 9797
Omega Ratio Rank
The Calmar Ratio Rank of VCSH is 9898
Calmar Ratio Rank
The Martin Ratio Rank of VCSH is 9696
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 7979
Overall Rank
The Sharpe Ratio Rank of BND is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BND is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BND is 6262
Calmar Ratio Rank
The Martin Ratio Rank of BND is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VCSH vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond ETF (VCSH) and Vanguard Total Bond Market ETF (BND). 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.


The chart of Sharpe ratio for VCSH, currently valued at 2.99, compared to the broader market-1.000.001.002.003.004.00
VCSH: 2.99
BND: 1.33
The chart of Sortino ratio for VCSH, currently valued at 4.60, compared to the broader market-2.000.002.004.006.008.00
VCSH: 4.60
BND: 1.93
The chart of Omega ratio for VCSH, currently valued at 1.64, compared to the broader market0.501.001.502.002.50
VCSH: 1.64
BND: 1.23
The chart of Calmar ratio for VCSH, currently valued at 5.64, compared to the broader market0.002.004.006.008.0010.0012.00
VCSH: 5.64
BND: 0.52
The chart of Martin ratio for VCSH, currently valued at 15.89, compared to the broader market0.0020.0040.0060.00
VCSH: 15.89
BND: 3.43

The current VCSH Sharpe Ratio is 2.99, which is higher than the BND Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of VCSH and BND, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
2.99
1.33
VCSH
BND

Dividends

VCSH vs. BND - Dividend Comparison

VCSH's dividend yield for the trailing twelve months is around 4.07%, more than BND's 3.69% yield.


TTM20242023202220212020201920182017201620152014
VCSH
Vanguard Short-Term Corporate Bond ETF
4.07%3.96%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%
BND
Vanguard Total Bond Market ETF
3.69%3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%

Drawdowns

VCSH vs. BND - Drawdown Comparison

The maximum VCSH drawdown since its inception was -12.86%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for VCSH and BND. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.03%
-6.87%
VCSH
BND

Volatility

VCSH vs. BND - Volatility Comparison

The current volatility for Vanguard Short-Term Corporate Bond ETF (VCSH) is 1.37%, while Vanguard Total Bond Market ETF (BND) has a volatility of 2.19%. This indicates that VCSH experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.37%
2.19%
VCSH
BND