VFSTX vs. BSV
Compare and contrast key facts about Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) and Vanguard Short-Term Bond ETF (BSV).
VFSTX is managed by Vanguard. It was launched on Oct 29, 1982. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFSTX or BSV.
Key characteristics
| VFSTX | BSV | |
|---|---|---|
| YTD Return | 4.24% | 3.10% |
| 1Y Return | 7.79% | 6.04% |
| 3Y Return (Ann) | 1.22% | 0.69% |
| 5Y Return (Ann) | 1.77% | 1.21% |
| 10Y Return (Ann) | 2.03% | 1.56% |
| Sharpe Ratio | 2.76 | 2.33 |
| Sortino Ratio | 4.53 | 3.65 |
| Omega Ratio | 1.58 | 1.46 |
| Calmar Ratio | 1.67 | 1.28 |
| Martin Ratio | 16.39 | 10.53 |
| Ulcer Index | 0.48% | 0.58% |
| Daily Std Dev | 2.86% | 2.62% |
| Max Drawdown | -9.68% | -8.54% |
| Current Drawdown | -1.18% | -1.50% |
Correlation
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.
Performance
VFSTX vs. BSV - Performance Comparison
In the year-to-date period, VFSTX achieves a 4.24% return, which is significantly higher than BSV's 3.10% return. Over the past 10 years, VFSTX has outperformed BSV with an annualized return of 2.03%, while BSV has yielded a comparatively lower 1.56% 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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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%.
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.
Dividends
VFSTX vs. BSV - Dividend Comparison
VFSTX's dividend yield for the trailing twelve months is around 3.92%, more than BSV's 3.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 3.27% | 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.
Volatility
VFSTX vs. BSV - Volatility Comparison
Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) has a higher volatility of 0.84% compared to Vanguard Short-Term Bond ETF (BSV) at 0.56%. 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.