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VCSH vs. VIG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VCSH vs. VIG - Performance Comparison

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

0.00%100.00%200.00%300.00%400.00%500.00%JuneJulyAugustSeptemberOctoberNovember
48.62%
473.66%
VCSH
VIG

Returns By Period

In the year-to-date period, VCSH achieves a 4.38% return, which is significantly lower than VIG's 18.17% return. Over the past 10 years, VCSH has underperformed VIG with an annualized return of 2.29%, while VIG has yielded a comparatively higher 11.66% annualized return.


VCSH

YTD

4.38%

1M

-0.60%

6M

3.49%

1Y

7.22%

5Y (annualized)

1.90%

10Y (annualized)

2.29%

VIG

YTD

18.17%

1M

-1.19%

6M

8.94%

1Y

24.96%

5Y (annualized)

12.42%

10Y (annualized)

11.66%

Key characteristics


VCSHVIG
Sharpe Ratio3.032.51
Sortino Ratio4.833.53
Omega Ratio1.621.46
Calmar Ratio2.174.91
Martin Ratio17.1816.27
Ulcer Index0.44%1.53%
Daily Std Dev2.48%9.92%
Max Drawdown-12.86%-46.81%
Current Drawdown-1.07%-2.16%

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VCSH vs. VIG - Expense Ratio Comparison

VCSH has a 0.04% expense ratio, which is lower than VIG's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


VIG
Vanguard Dividend Appreciation ETF
Expense ratio chart for VIG: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
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%

Correlation

-0.50.00.51.00.1

The correlation between VCSH and VIG is 0.08, 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.

Risk-Adjusted Performance

VCSH vs. VIG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond ETF (VCSH) and Vanguard Dividend Appreciation ETF (VIG). 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 3.03, compared to the broader market0.002.004.006.003.032.51
The chart of Sortino ratio for VCSH, currently valued at 4.83, compared to the broader market-2.000.002.004.006.008.0010.0012.004.833.53
The chart of Omega ratio for VCSH, currently valued at 1.62, compared to the broader market0.501.001.502.002.503.001.621.46
The chart of Calmar ratio for VCSH, currently valued at 2.17, compared to the broader market0.005.0010.0015.002.174.91
The chart of Martin ratio for VCSH, currently valued at 17.18, compared to the broader market0.0020.0040.0060.0080.00100.0017.1816.27
VCSH
VIG

The current VCSH Sharpe Ratio is 3.03, which is comparable to the VIG Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of VCSH and VIG, 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 Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.03
2.51
VCSH
VIG

Dividends

VCSH vs. VIG - Dividend Comparison

VCSH's dividend yield for the trailing twelve months is around 3.82%, more than VIG's 1.72% yield.


TTM20232022202120202019201820172016201520142013
VCSH
Vanguard Short-Term Corporate Bond ETF
3.82%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%2.05%
VIG
Vanguard Dividend Appreciation ETF
1.72%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%1.95%1.84%

Drawdowns

VCSH vs. VIG - Drawdown Comparison

The maximum VCSH drawdown since its inception was -12.86%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for VCSH and VIG. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.07%
-2.16%
VCSH
VIG

Volatility

VCSH vs. VIG - Volatility Comparison

The current volatility for Vanguard Short-Term Corporate Bond ETF (VCSH) is 0.66%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 3.61%. This indicates that VCSH experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.66%
3.61%
VCSH
VIG