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

Correlation

The correlation between VCSH and BSV is 0.76, 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.


-0.50.00.51.00.8

Performance

VCSH vs. BSV - Performance Comparison

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

0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
3.35%
2.67%
VCSH
BSV

Key characteristics

Sharpe Ratio

VCSH:

2.44

BSV:

1.78

Sortino Ratio

VCSH:

3.71

BSV:

2.63

Omega Ratio

VCSH:

1.47

BSV:

1.33

Calmar Ratio

VCSH:

3.76

BSV:

1.49

Martin Ratio

VCSH:

11.88

BSV:

6.39

Ulcer Index

VCSH:

0.47%

BSV:

0.66%

Daily Std Dev

VCSH:

2.30%

BSV:

2.38%

Max Drawdown

VCSH:

-12.86%

BSV:

-8.54%

Current Drawdown

VCSH:

-0.50%

BSV:

-0.94%

Returns By Period

In the year-to-date period, VCSH achieves a 4.97% return, which is significantly higher than BSV's 3.69% return. Over the past 10 years, VCSH has outperformed BSV with an annualized return of 2.37%, while BSV has yielded a comparatively lower 1.63% annualized return.


VCSH

YTD

4.97%

1M

0.57%

6M

3.36%

1Y

5.67%

5Y (annualized)

1.97%

10Y (annualized)

2.37%

BSV

YTD

3.69%

1M

0.44%

6M

2.67%

1Y

4.26%

5Y (annualized)

1.30%

10Y (annualized)

1.63%

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. BSV - Expense Ratio Comparison

Both VCSH and BSV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VCSH
Vanguard Short-Term Corporate Bond ETF
Expense ratio chart for VCSH: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for BSV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VCSH vs. BSV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond ETF (VCSH) and Vanguard Short-Term Bond ETF (BSV). 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 VCSH, currently valued at 2.44, compared to the broader market0.002.004.002.441.78
The chart of Sortino ratio for VCSH, currently valued at 3.71, compared to the broader market-2.000.002.004.006.008.0010.003.712.63
The chart of Omega ratio for VCSH, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.001.471.33
The chart of Calmar ratio for VCSH, currently valued at 3.76, compared to the broader market0.005.0010.0015.003.761.49
The chart of Martin ratio for VCSH, currently valued at 11.88, compared to the broader market0.0020.0040.0060.0080.00100.0011.886.39
VCSH
BSV

The current VCSH Sharpe Ratio is 2.44, which is higher than the BSV Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of VCSH and BSV, 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 Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.44
1.78
VCSH
BSV

Dividends

VCSH vs. BSV - Dividend Comparison

VCSH's dividend yield for the trailing twelve months is around 3.88%, more than BSV's 3.32% yield.


TTM20232022202120202019201820172016201520142013
VCSH
Vanguard Short-Term Corporate Bond ETF
3.88%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%2.05%
BSV
Vanguard Short-Term Bond ETF
3.32%2.46%1.50%1.45%1.79%2.29%1.99%1.65%1.49%1.40%1.45%1.48%

Drawdowns

VCSH vs. BSV - Drawdown Comparison

The maximum VCSH drawdown since its inception was -12.86%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for VCSH and BSV. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.50%
-0.94%
VCSH
BSV

Volatility

VCSH vs. BSV - Volatility Comparison

Vanguard Short-Term Corporate Bond ETF (VCSH) has a higher volatility of 0.53% compared to Vanguard Short-Term Bond ETF (BSV) at 0.46%. This indicates that VCSH's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.50%0.60%0.70%0.80%0.90%JulyAugustSeptemberOctoberNovemberDecember
0.53%
0.46%
VCSH
BSV
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