VFISX vs. VGSH
Compare and contrast key facts about Vanguard Short-Term Treasury Fund Investor Shares (VFISX) and Vanguard Short-Term Treasury ETF (VGSH).
VFISX is managed by Vanguard. It was launched on Oct 28, 1991. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFISX or VGSH.
Key characteristics
| VFISX | VGSH | |
|---|---|---|
| YTD Return | 2.93% | 3.22% |
| 1Y Return | 5.47% | 5.24% |
| 3Y Return (Ann) | 0.47% | 1.11% |
| 5Y Return (Ann) | 0.64% | 1.23% |
| 10Y Return (Ann) | 0.91% | 1.25% |
| Sharpe Ratio | 2.05 | 2.78 |
| Sortino Ratio | 3.45 | 4.50 |
| Omega Ratio | 1.45 | 1.59 |
| Calmar Ratio | 0.91 | 2.21 |
| Martin Ratio | 10.00 | 15.13 |
| Ulcer Index | 0.55% | 0.35% |
| Daily Std Dev | 2.66% | 1.91% |
| Max Drawdown | -8.22% | -5.70% |
| Current Drawdown | -1.37% | -0.97% |
Correlation
The correlation between VFISX and VGSH is 0.72, 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.
Performance
VFISX vs. VGSH - Performance Comparison
In the year-to-date period, VFISX achieves a 2.93% return, which is significantly lower than VGSH's 3.22% return. Over the past 10 years, VFISX has underperformed VGSH with an annualized return of 0.91%, while VGSH has yielded a comparatively higher 1.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFISX vs. VGSH - Expense Ratio Comparison
VFISX has a 0.20% expense ratio, which is higher than VGSH's 0.04% 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%.
Risk-Adjusted Performance
VFISX vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury Fund Investor Shares (VFISX) and Vanguard Short-Term Treasury ETF (VGSH). 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.
Dividends
VFISX vs. VGSH - Dividend Comparison
VFISX's dividend yield for the trailing twelve months is around 4.40%, more than VGSH's 4.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFISX Vanguard Short-Term Treasury Fund Investor Shares | 4.40% | 3.96% | 1.92% | 0.34% | 0.75% | 2.38% | 2.10% | 1.18% | 0.91% | 0.69% | 0.50% | 0.37% |
VGSH Vanguard Short-Term Treasury ETF | 4.16% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
VFISX vs. VGSH - Drawdown Comparison
The maximum VFISX drawdown since its inception was -8.22%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VFISX and VGSH. For additional features, visit the drawdowns tool.
Volatility
VFISX vs. VGSH - Volatility Comparison
Vanguard Short-Term Treasury Fund Investor Shares (VFISX) has a higher volatility of 0.63% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.37%. This indicates that VFISX's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.