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VFIRX vs. VLGSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VFIRX vs. VLGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Treasury Fund Admiral Shares (VFIRX) and Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX). The values are adjusted to include any dividend payments, if applicable.

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VFIRX vs. VLGSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VFIRX
Vanguard Short-Term Treasury Fund Admiral Shares
-0.11%5.47%3.85%3.66%-4.61%-0.80%4.06%3.71%1.47%0.40%
VLGSX
Vanguard Long-Term Treasury Index Fund Admiral Shares
-0.20%5.42%-6.17%3.66%-29.48%-4.99%17.70%14.31%-1.62%8.65%

Returns By Period

In the year-to-date period, VFIRX achieves a -0.11% return, which is significantly higher than VLGSX's -0.20% return. Over the past 10 years, VFIRX has outperformed VLGSX with an annualized return of 1.67%, while VLGSX has yielded a comparatively lower -0.85% annualized return.


VFIRX

1D
0.20%
1M
-1.10%
YTD
-0.11%
6M
0.94%
1Y
3.42%
3Y*
3.79%
5Y*
1.46%
10Y*
1.67%

VLGSX

1D
1.25%
1M
-3.96%
YTD
-0.20%
6M
-0.48%
1Y
0.43%
3Y*
-1.42%
5Y*
-4.56%
10Y*
-0.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VFIRX vs. VLGSX - Expense Ratio Comparison

VFIRX has a 0.10% expense ratio, which is higher than VLGSX'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%.


Return for Risk

VFIRX vs. VLGSX — Risk / Return Rank

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

VFIRX
VFIRX Risk / Return Rank: 9090
Overall Rank
VFIRX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
VFIRX Sortino Ratio Rank: 9393
Sortino Ratio Rank
VFIRX Omega Ratio Rank: 8686
Omega Ratio Rank
VFIRX Calmar Ratio Rank: 9393
Calmar Ratio Rank
VFIRX Martin Ratio Rank: 9191
Martin Ratio Rank

VLGSX
VLGSX Risk / Return Rank: 99
Overall Rank
VLGSX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
VLGSX Sortino Ratio Rank: 77
Sortino Ratio Rank
VLGSX Omega Ratio Rank: 77
Omega Ratio Rank
VLGSX Calmar Ratio Rank: 1212
Calmar Ratio Rank
VLGSX Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VFIRX vs. VLGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury Fund Admiral Shares (VFIRX) and Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX). 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.


VFIRXVLGSXDifference

Sharpe ratio

Return per unit of total volatility

1.69

0.12

+1.57

Sortino ratio

Return per unit of downside risk

2.83

0.24

+2.59

Omega ratio

Gain probability vs. loss probability

1.36

1.03

+0.33

Calmar ratio

Return relative to maximum drawdown

2.93

0.30

+2.62

Martin ratio

Return relative to average drawdown

10.51

0.66

+9.85

VFIRX vs. VLGSX - Sharpe Ratio Comparison

The current VFIRX Sharpe Ratio is 1.69, which is higher than the VLGSX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of VFIRX and VLGSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VFIRXVLGSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.69

0.12

+1.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

-0.31

+0.87

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.79

-0.06

+0.86

Sharpe Ratio (All Time)

Calculated using the full available price history

1.16

0.18

+0.98

Correlation

The correlation between VFIRX and VLGSX is 0.58, 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

VFIRX vs. VLGSX - Dividend Comparison

VFIRX's dividend yield for the trailing twelve months is around 3.58%, less than VLGSX's 4.08% yield.


TTM20252024202320222021202020192018201720162015
VFIRX
Vanguard Short-Term Treasury Fund Admiral Shares
3.58%3.99%4.49%4.07%2.03%0.60%2.30%2.49%2.21%1.25%1.28%0.93%
VLGSX
Vanguard Long-Term Treasury Index Fund Admiral Shares
4.08%4.41%4.65%3.30%2.80%1.85%2.13%2.45%2.72%2.55%2.46%2.80%

Drawdowns

VFIRX vs. VLGSX - Drawdown Comparison

The maximum VFIRX drawdown since its inception was -6.73%, smaller than the maximum VLGSX drawdown of -46.22%. Use the drawdown chart below to compare losses from any high point for VFIRX and VLGSX.


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Drawdown Indicators


VFIRXVLGSXDifference

Max Drawdown

Largest peak-to-trough decline

-6.73%

-46.22%

+39.49%

Max Drawdown (1Y)

Largest decline over 1 year

-1.40%

-8.49%

+7.09%

Max Drawdown (5Y)

Largest decline over 5 years

-6.73%

-41.02%

+34.29%

Max Drawdown (10Y)

Largest decline over 10 years

-6.73%

-46.22%

+39.49%

Current Drawdown

Current decline from peak

-1.10%

-36.44%

+35.34%

Average Drawdown

Average peak-to-trough decline

-0.71%

-14.89%

+14.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.39%

3.86%

-3.47%

Volatility

VFIRX vs. VLGSX - Volatility Comparison

The current volatility for Vanguard Short-Term Treasury Fund Admiral Shares (VFIRX) is 0.70%, while Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX) has a volatility of 3.62%. This indicates that VFIRX experiences smaller price fluctuations and is considered to be less risky than VLGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VFIRXVLGSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.70%

3.62%

-2.92%

Volatility (6M)

Calculated over the trailing 6-month period

1.42%

6.07%

-4.65%

Volatility (1Y)

Calculated over the trailing 1-year period

2.25%

10.37%

-8.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.65%

14.58%

-11.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.11%

13.73%

-11.62%