VCSH vs. BSBIX
Compare and contrast key facts about Vanguard Short-Term Corporate Bond ETF (VCSH) and Baird Short-Term Bond Fund Institutional Class (BSBIX).
VCSH is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. 1-5 Year Corporate Index. It was launched on Nov 19, 2009. BSBIX is a passively managed fund by Baird that tracks the performance of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index. It was launched on Aug 31, 2004. Both VCSH and BSBIX 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
VCSH vs. BSBIX - Performance Comparison
Loading graphics...
VCSH vs. BSBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VCSH Vanguard Short-Term Corporate Bond ETF | 0.22% | 6.77% | 4.91% | 6.20% | -5.62% | -0.63% | 5.13% | 7.02% | 0.92% | 2.17% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 0.27% | 5.67% | 4.99% | 5.65% | -3.64% | -0.42% | 4.23% | 4.68% | 1.49% | 1.53% |
Returns By Period
In the year-to-date period, VCSH achieves a 0.22% return, which is significantly lower than BSBIX's 0.27% return. Over the past 10 years, VCSH has outperformed BSBIX with an annualized return of 2.72%, while BSBIX has yielded a comparatively lower 2.51% annualized return.
VCSH
- 1D
- 0.08%
- 1M
- -0.57%
- YTD
- 0.22%
- 6M
- 1.25%
- 1Y
- 4.91%
- 3Y*
- 5.39%
- 5Y*
- 2.38%
- 10Y*
- 2.72%
BSBIX
- 1D
- 0.21%
- 1M
- -0.59%
- YTD
- 0.27%
- 6M
- 1.39%
- 1Y
- 4.26%
- 3Y*
- 5.01%
- 5Y*
- 2.46%
- 10Y*
- 2.51%
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. BSBIX - Expense Ratio Comparison
VCSH has a 0.04% expense ratio, which is lower than BSBIX's 0.30% expense ratio.
Return for Risk
VCSH vs. BSBIX — Risk / Return Rank
VCSH
BSBIX
VCSH vs. BSBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond ETF (VCSH) and Baird Short-Term Bond Fund Institutional Class (BSBIX). 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.
| VCSH | BSBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.17 | 3.02 | -0.85 |
Sortino ratioReturn per unit of downside risk | 3.18 | 4.76 | -1.58 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.81 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | 3.58 | 4.66 | -1.07 |
Martin ratioReturn relative to average drawdown | 14.56 | 20.97 | -6.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VCSH | BSBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 3.02 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 1.28 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 1.51 | -0.69 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.02 | 1.64 | -0.62 |
Correlation
The correlation between VCSH and BSBIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VCSH vs. BSBIX - Dividend Comparison
VCSH's dividend yield for the trailing twelve months is around 4.43%, more than BSBIX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCSH Vanguard Short-Term Corporate Bond ETF | 4.43% | 4.35% | 3.96% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.26% | 2.10% | 2.08% |
BSBIX Baird Short-Term Bond Fund Institutional Class | 4.30% | 4.35% | 4.34% | 3.41% | 1.79% | 1.42% | 2.61% | 2.49% | 2.20% | 1.73% | 1.60% | 1.62% |
Drawdowns
VCSH vs. BSBIX - Drawdown Comparison
The maximum VCSH drawdown since its inception was -12.86%, which is greater than BSBIX's maximum drawdown of -5.95%. Use the drawdown chart below to compare losses from any high point for VCSH and BSBIX.
Loading graphics...
Drawdown Indicators
| VCSH | BSBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.86% | -5.95% | -6.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.40% | -0.94% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -9.48% | -5.95% | -3.53% |
Max Drawdown (10Y)Largest decline over 10 years | -12.86% | -5.95% | -6.91% |
Current DrawdownCurrent decline from peak | -0.74% | -0.59% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -0.97% | -0.55% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.34% | 0.21% | +0.13% |
Volatility
VCSH vs. BSBIX - Volatility Comparison
Vanguard Short-Term Corporate Bond ETF (VCSH) has a higher volatility of 0.95% compared to Baird Short-Term Bond Fund Institutional Class (BSBIX) at 0.56%. This indicates that VCSH's price experiences larger fluctuations and is considered to be riskier than BSBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VCSH | BSBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 0.56% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 1.29% | 0.86% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.28% | 1.42% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.86% | 1.93% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.35% | 1.67% | +1.68% |