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VFSIX vs. VIPIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VFSIX and VIPIX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.1

Performance

VFSIX vs. VIPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Investment-Grade Fund Institutional Shares (VFSIX) and Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX). The values are adjusted to include any dividend payments, if applicable.

85.00%90.00%95.00%100.00%105.00%110.00%NovemberDecember2025FebruaryMarchApril
87.98%
108.59%
VFSIX
VIPIX

Key characteristics

Sharpe Ratio

VFSIX:

2.70

VIPIX:

1.51

Sortino Ratio

VFSIX:

4.44

VIPIX:

2.12

Omega Ratio

VFSIX:

1.58

VIPIX:

1.27

Calmar Ratio

VFSIX:

5.18

VIPIX:

0.66

Martin Ratio

VFSIX:

14.11

VIPIX:

4.38

Ulcer Index

VFSIX:

0.53%

VIPIX:

1.63%

Daily Std Dev

VFSIX:

2.76%

VIPIX:

4.75%

Max Drawdown

VFSIX:

-9.22%

VIPIX:

-15.04%

Current Drawdown

VFSIX:

-0.29%

VIPIX:

-4.09%

Returns By Period

In the year-to-date period, VFSIX achieves a 2.01% return, which is significantly lower than VIPIX's 3.66% return. Both investments have delivered pretty close results over the past 10 years, with VFSIX having a 2.36% annualized return and VIPIX not far behind at 2.32%.


VFSIX

YTD

2.01%

1M

0.47%

6M

2.74%

1Y

7.55%

5Y*

2.33%

10Y*

2.36%

VIPIX

YTD

3.66%

1M

-0.05%

6M

2.45%

1Y

7.25%

5Y*

1.50%

10Y*

2.32%

*Annualized

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VFSIX vs. VIPIX - Expense Ratio Comparison

Both VFSIX and VIPIX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Expense ratio chart for VFSIX: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VFSIX: 0.07%
Expense ratio chart for VIPIX: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VIPIX: 0.07%

Risk-Adjusted Performance

VFSIX vs. VIPIX — Risk-Adjusted Performance Rank

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

VFSIX
The Risk-Adjusted Performance Rank of VFSIX is 9696
Overall Rank
The Sharpe Ratio Rank of VFSIX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of VFSIX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of VFSIX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of VFSIX is 9797
Calmar Ratio Rank
The Martin Ratio Rank of VFSIX is 9696
Martin Ratio Rank

VIPIX
The Risk-Adjusted Performance Rank of VIPIX is 8383
Overall Rank
The Sharpe Ratio Rank of VIPIX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of VIPIX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of VIPIX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of VIPIX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of VIPIX is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VFSIX vs. VIPIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Investment-Grade Fund Institutional Shares (VFSIX) and Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX). 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.


The chart of Sharpe ratio for VFSIX, currently valued at 2.70, compared to the broader market-1.000.001.002.003.00
VFSIX: 2.70
VIPIX: 1.51
The chart of Sortino ratio for VFSIX, currently valued at 4.44, compared to the broader market-2.000.002.004.006.008.00
VFSIX: 4.44
VIPIX: 2.12
The chart of Omega ratio for VFSIX, currently valued at 1.58, compared to the broader market0.501.001.502.002.503.00
VFSIX: 1.58
VIPIX: 1.27
The chart of Calmar ratio for VFSIX, currently valued at 5.18, compared to the broader market0.002.004.006.008.0010.00
VFSIX: 5.18
VIPIX: 0.66
The chart of Martin ratio for VFSIX, currently valued at 14.11, compared to the broader market0.0010.0020.0030.0040.0050.00
VFSIX: 14.11
VIPIX: 4.38

The current VFSIX Sharpe Ratio is 2.70, which is higher than the VIPIX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of VFSIX and VIPIX, 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 Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
2.70
1.51
VFSIX
VIPIX

Dividends

VFSIX vs. VIPIX - Dividend Comparison

VFSIX's dividend yield for the trailing twelve months is around 4.31%, more than VIPIX's 4.19% yield.


TTM20242023202220212020201920182017201620152014
VFSIX
Vanguard Short-Term Investment-Grade Fund Institutional Shares
4.31%4.18%3.18%2.06%2.11%2.36%2.95%2.81%1.94%2.18%2.11%2.08%
VIPIX
Vanguard Inflation-Protected Securities Fund Institutional Shares
4.19%4.20%4.34%8.49%5.16%1.41%2.32%3.16%2.45%3.50%0.91%2.39%

Drawdowns

VFSIX vs. VIPIX - Drawdown Comparison

The maximum VFSIX drawdown since its inception was -9.22%, smaller than the maximum VIPIX drawdown of -15.04%. Use the drawdown chart below to compare losses from any high point for VFSIX and VIPIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.29%
-4.09%
VFSIX
VIPIX

Volatility

VFSIX vs. VIPIX - Volatility Comparison

The current volatility for Vanguard Short-Term Investment-Grade Fund Institutional Shares (VFSIX) is 1.17%, while Vanguard Inflation-Protected Securities Fund Institutional Shares (VIPIX) has a volatility of 2.29%. This indicates that VFSIX experiences smaller price fluctuations and is considered to be less risky than VIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.17%
2.29%
VFSIX
VIPIX