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VFISX vs. VTABX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VFISX vs. VTABX - Performance Comparison

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

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Returns By Period

In the year-to-date period, VFISX achieves a 0.39% return, which is significantly lower than VTABX's 0.66% return. Over the past 10 years, VFISX has underperformed VTABX with an annualized return of 1.60%, while VTABX has yielded a comparatively higher 1.82% annualized return.


VFISX

1D
-0.10%
1M
0.11%
YTD
0.39%
6M
0.60%
1Y
3.48%
3Y*
4.02%
5Y*
1.41%
10Y*
1.60%

VTABX

1D
0.05%
1M
0.97%
YTD
0.66%
6M
0.55%
1Y
2.16%
3Y*
4.16%
5Y*
0.44%
10Y*
1.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VFISX vs. VTABX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VFISX
Vanguard Short-Term Treasury Fund Investor Shares
0.39%5.36%3.75%3.54%-4.71%-0.88%3.95%3.60%1.36%0.38%
VTABX
Vanguard Total International Bond Index Fund Admiral Shares
0.66%2.96%3.92%8.77%-12.92%-2.22%4.54%8.83%2.97%2.39%

Correlation

The correlation between VFISX and VTABX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (10Y)
Calculated over the trailing 10-year period

0.52

Correlation (All Time)
Calculated using the full available price history since Jun 5, 2013

0.51

The correlation between VFISX and VTABX shifts across timeframes, from 0.47 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.

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Return for Risk

VFISX vs. VTABX — Risk / Return Rank

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

VFISX
VFISX Risk / Return Rank: 3939
Overall Rank
VFISX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
VFISX Sortino Ratio Rank: 4646
Sortino Ratio Rank
VFISX Omega Ratio Rank: 4141
Omega Ratio Rank
VFISX Calmar Ratio Rank: 4040
Calmar Ratio Rank
VFISX Martin Ratio Rank: 3737
Martin Ratio Rank

VTABX
VTABX Risk / Return Rank: 88
Overall Rank
VTABX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
VTABX Sortino Ratio Rank: 99
Sortino Ratio Rank
VTABX Omega Ratio Rank: 99
Omega Ratio Rank
VTABX Calmar Ratio Rank: 88
Calmar Ratio Rank
VTABX Martin Ratio Rank: 77
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.

VFISX vs. VTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury Fund Investor Shares (VFISX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). 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.


VFISXVTABXDifference
Sharpe ratioReturn per unit of total volatility

+0.90

Sortino ratioReturn per unit of downside risk

+1.77

Omega ratioGain probability vs. loss probability

1.34

1.14

+0.21

Calmar ratioReturn relative to maximum drawdown

2.41

0.78

+1.63

Martin ratioReturn relative to average drawdown

8.06

2.20

+5.86

VFISX vs. VTABX - Sharpe Ratio Comparison

The current VFISX Sharpe Ratio is 1.65, which is higher than the VTABX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of VFISX and VTABX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


VFISXVTABXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.65

0.75

+0.90

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.10

+0.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

0.50

+0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

1.53

0.74

+0.79

Drawdowns

VFISX vs. VTABX - Drawdown Comparison

The maximum VFISX drawdown since its inception was -6.86%, smaller than the maximum VTABX drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for VFISX and VTABX.


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Drawdown Indicators


VFISXVTABXDifference

Max Drawdown

Largest peak-to-trough decline

-6.86%

-16.16%

+9.30%

Max Drawdown (1Y)

Largest decline over 1 year

-1.40%

-2.90%

+1.50%

Max Drawdown (3Y)

Largest decline over 3 years

-1.40%

-2.90%

+1.50%

Max Drawdown (5Y)

Largest decline over 5 years

-6.86%

-15.81%

+8.95%

Max Drawdown (10Y)

Largest decline over 10 years

-6.86%

-16.16%

+9.30%

Current Drawdown

Current decline from peak

-0.59%

-1.20%

+0.61%

Average Drawdown

Average peak-to-trough decline

-0.65%

-3.05%

+2.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.42%

1.03%

-0.61%

Volatility

VFISX vs. VTABX - Volatility Comparison

The current volatility for Vanguard Short-Term Treasury Fund Investor Shares (VFISX) is 0.60%, while Vanguard Total International Bond Index Fund Admiral Shares (VTABX) has a volatility of 1.30%. This indicates that VFISX experiences smaller price fluctuations and is considered to be less risky than VTABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VFISXVTABXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.60%

1.30%

-0.70%

Volatility (6M)

Calculated over the trailing 6-month period

1.49%

2.57%

-1.08%

Volatility (1Y)

Calculated over the trailing 1-year period

2.06%

3.03%

-0.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.67%

4.44%

-1.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.11%

3.61%

-1.50%

VFISX vs. VTABX - Expense Ratio Comparison

VFISX has a 0.20% expense ratio, which is higher than VTABX's 0.11% 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

VFISX vs. VTABX - Dividend Comparison

VFISX's dividend yield for the trailing twelve months is around 3.75%, less than VTABX's 4.45% yield.


PositionTTM20252024202320222021202020192018201720162015
VFISX
Vanguard Short-Term Treasury Fund Investor Shares
3.75%3.89%4.38%3.95%1.93%0.52%2.20%2.39%2.10%1.15%1.18%0.83%
VTABX
Vanguard Total International Bond Index Fund Admiral Shares
4.45%4.36%4.33%4.39%1.48%3.70%1.08%4.28%3.00%2.23%1.80%1.64%

Frequently Asked Questions


VFISX and VTABX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VTABX has higher volatility (1.30%) compared to VFISX (0.60%). In terms of maximum drawdown, VFISX dropped -6.86% vs VTABX's -16.16%.

VFISX currently has the higher Sharpe Ratio (1.65 vs 0.75), 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.

Portfolio Optimizer

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