VDADX vs. VSBSX
VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) and VSBSX (Vanguard Short-Term Treasury Index Fund Admiral Shares) are both mutual funds - VDADX is a Large Cap Blend Equities fund managed by Vanguard, while VSBSX is a Government Bonds fund managed by Vanguard. Over the past 10 years, VDADX returned 13.22%/yr vs 1.75%/yr for VSBSX. At a correlation of -0.08, they often move in opposite directions. VDADX charges 0.08%/yr vs 0.07%/yr for VSBSX.
Performance
VDADX vs. VSBSX - Performance Comparison
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Returns By Period
In the year-to-date period, VDADX achieves a 7.70% return, which is significantly higher than VSBSX's 0.51% return. Over the past 10 years, VDADX has outperformed VSBSX with an annualized return of 13.22%, while VSBSX has yielded a comparatively lower 1.75% annualized return.
VDADX
- 1D
- 0.72%
- 1M
- 3.96%
- YTD
- 7.70%
- 6M
- 7.14%
- 1Y
- 19.81%
- 3Y*
- 16.52%
- 5Y*
- 10.75%
- 10Y*
- 13.22%
VSBSX
- 1D
- 0.00%
- 1M
- 0.11%
- YTD
- 0.51%
- 6M
- 0.78%
- 1Y
- 3.46%
- 3Y*
- 4.28%
- 5Y*
- 1.87%
- 10Y*
- 1.75%
VDADX vs. VSBSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares | 7.70% | 14.17% | 16.99% | 14.44% | -9.80% | 23.59% | 15.47% | 29.68% | -2.06% | 22.22% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 0.51% | 5.08% | 4.39% | 4.23% | -3.87% | -0.69% | 3.09% | 3.51% | 1.52% | 0.35% |
Correlation
The correlation between VDADX and VSBSX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2013 | -0.08 |
The correlation between VDADX and VSBSX shifts across timeframes, from -0.08 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VDADX vs. VSBSX — Risk / Return Rank
VDADX
VSBSX
VDADX vs. VSBSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX). 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.
| VDADX | VSBSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.57 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 4.09 | -1.49 |
| Martin ratioReturn relative to average drawdown | 10.51 | 16.89 | -6.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDADX | VSBSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 2.68 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.96 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 1.14 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 1.07 | -0.31 |
Drawdowns
VDADX vs. VSBSX - Drawdown Comparison
The maximum VDADX drawdown since its inception was -31.70%, which is greater than VSBSX's maximum drawdown of -5.77%. Use the drawdown chart below to compare losses from any high point for VDADX and VSBSX.
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Drawdown Indicators
| VDADX | VSBSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -5.77% | -25.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.93% | -0.84% | -7.09% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -0.84% | -14.11% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | -5.77% | -14.65% |
Max Drawdown (10Y)Largest decline over 10 years | -31.70% | -5.77% | -25.93% |
Current DrawdownCurrent decline from peak | 0.00% | -0.21% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -3.41% | -0.59% | -2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 0.20% | +1.76% |
Volatility
VDADX vs. VSBSX - Volatility Comparison
Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) has a higher volatility of 2.31% compared to Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX) at 0.37%. This indicates that VDADX's price experiences larger fluctuations and is considered to be riskier than VSBSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDADX | VSBSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 0.37% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 7.65% | 0.87% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.07% | 1.28% | +8.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.27% | 1.95% | +12.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 1.54% | +14.66% |
VDADX vs. VSBSX - Expense Ratio Comparison
VDADX has a 0.08% expense ratio, which is higher than VSBSX'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%.
Dividends
VDADX vs. VSBSX - Dividend Comparison
VDADX's dividend yield for the trailing twelve months is around 1.45%, less than VSBSX's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares | 1.45% | 1.60% | 1.71% | 1.86% | 1.94% | 1.53% | 1.61% | 1.69% | 2.07% | 1.88% | 2.14% | 2.34% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 3.84% | 3.98% | 4.50% | 3.29% | 1.12% | 0.63% | 1.72% | 2.26% | 1.80% | 1.10% | 0.76% | 0.71% |
Frequently Asked Questions
VDADX and VSBSX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VDADX has higher volatility (2.31%) compared to VSBSX (0.37%). In terms of maximum drawdown, VDADX dropped -31.70% vs VSBSX's -5.77%.
VSBSX currently has the higher Sharpe Ratio (2.68 vs 2.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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