PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VFSTX vs. BSV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VFSTX vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) and Vanguard Short-Term Bond ETF (BSV). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.73%
3.21%
VFSTX
BSV

Returns By Period

In the year-to-date period, VFSTX achieves a 4.24% return, which is significantly higher than BSV's 3.27% return. Over the past 10 years, VFSTX has outperformed BSV with an annualized return of 2.03%, while BSV has yielded a comparatively lower 1.57% annualized return.


VFSTX

YTD

4.24%

1M

-0.22%

6M

3.53%

1Y

7.04%

5Y (annualized)

1.77%

10Y (annualized)

2.03%

BSV

YTD

3.27%

1M

-0.33%

6M

3.10%

1Y

5.49%

5Y (annualized)

1.23%

10Y (annualized)

1.57%

Key characteristics


VFSTXBSV
Sharpe Ratio2.522.19
Sortino Ratio4.053.36
Omega Ratio1.521.42
Calmar Ratio1.731.33
Martin Ratio13.719.05
Ulcer Index0.51%0.62%
Daily Std Dev2.80%2.55%
Max Drawdown-9.68%-8.54%
Current Drawdown-1.18%-1.34%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VFSTX vs. BSV - Expense Ratio Comparison

VFSTX has a 0.20% expense ratio, which is higher than BSV'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%.


VFSTX
Vanguard Short-Term Investment-Grade Fund Investor Shares
Expense ratio chart for VFSTX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for BSV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Correlation

-0.50.00.51.00.7

The correlation between VFSTX and BSV is 0.71, 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.

Risk-Adjusted Performance

VFSTX vs. BSV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) and Vanguard Short-Term Bond ETF (BSV). 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.


Sharpe ratio
The chart of Sharpe ratio for VFSTX, currently valued at 2.52, compared to the broader market-1.000.001.002.003.004.005.002.522.19
The chart of Sortino ratio for VFSTX, currently valued at 4.05, compared to the broader market0.005.0010.004.053.36
The chart of Omega ratio for VFSTX, currently valued at 1.52, compared to the broader market1.002.003.004.001.521.42
The chart of Calmar ratio for VFSTX, currently valued at 1.73, compared to the broader market0.005.0010.0015.0020.0025.001.731.33
The chart of Martin ratio for VFSTX, currently valued at 13.71, compared to the broader market0.0020.0040.0060.0080.00100.0013.719.05
VFSTX
BSV

The current VFSTX Sharpe Ratio is 2.52, which is comparable to the BSV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of VFSTX and BSV, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.52
2.19
VFSTX
BSV

Dividends

VFSTX vs. BSV - Dividend Comparison

VFSTX's dividend yield for the trailing twelve months is around 3.92%, more than BSV's 3.26% yield.


TTM20232022202120202019201820172016201520142013
VFSTX
Vanguard Short-Term Investment-Grade Fund Investor Shares
3.92%3.04%1.93%1.62%2.24%2.81%2.67%1.99%1.97%1.98%1.89%1.82%
BSV
Vanguard Short-Term Bond ETF
3.26%2.46%1.50%1.45%1.79%2.29%1.99%1.65%1.49%1.40%1.45%1.48%

Drawdowns

VFSTX vs. BSV - Drawdown Comparison

The maximum VFSTX drawdown since its inception was -9.68%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for VFSTX and BSV. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.18%
-1.34%
VFSTX
BSV

Volatility

VFSTX vs. BSV - Volatility Comparison

Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) has a higher volatility of 0.80% compared to Vanguard Short-Term Bond ETF (BSV) at 0.55%. This indicates that VFSTX's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.50%0.60%0.70%0.80%0.90%1.00%1.10%JuneJulyAugustSeptemberOctoberNovember
0.80%
0.55%
VFSTX
BSV