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VFSTX vs. OSTIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VFSTX vs. OSTIX - 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 Osterweis Strategic Income Fund (OSTIX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.52%
4.03%
VFSTX
OSTIX

Returns By Period

In the year-to-date period, VFSTX achieves a 4.34% return, which is significantly lower than OSTIX's 7.33% return. Over the past 10 years, VFSTX has underperformed OSTIX with an annualized return of 2.04%, while OSTIX has yielded a comparatively higher 4.66% annualized return.


VFSTX

YTD

4.34%

1M

-0.41%

6M

3.53%

1Y

7.14%

5Y (annualized)

1.79%

10Y (annualized)

2.04%

OSTIX

YTD

7.33%

1M

0.48%

6M

4.03%

1Y

11.06%

5Y (annualized)

5.72%

10Y (annualized)

4.66%

Key characteristics


VFSTXOSTIX
Sharpe Ratio2.596.33
Sortino Ratio4.1813.73
Omega Ratio1.543.49
Calmar Ratio1.7917.96
Martin Ratio14.2780.79
Ulcer Index0.51%0.14%
Daily Std Dev2.80%1.79%
Max Drawdown-9.68%-10.06%
Current Drawdown-1.08%0.00%

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VFSTX vs. OSTIX - Expense Ratio Comparison

VFSTX has a 0.20% expense ratio, which is lower than OSTIX's 0.84% expense ratio.


OSTIX
Osterweis Strategic Income Fund
Expense ratio chart for OSTIX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
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%

Correlation

-0.50.00.51.00.1

The correlation between VFSTX and OSTIX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

VFSTX vs. OSTIX - 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 Osterweis Strategic Income Fund (OSTIX). 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 2.59, compared to the broader market0.002.004.002.596.33
The chart of Sortino ratio for VFSTX, currently valued at 4.18, compared to the broader market0.005.0010.004.1813.73
The chart of Omega ratio for VFSTX, currently valued at 1.53, compared to the broader market1.002.003.004.001.543.49
The chart of Calmar ratio for VFSTX, currently valued at 1.79, compared to the broader market0.005.0010.0015.0020.0025.001.7917.96
The chart of Martin ratio for VFSTX, currently valued at 14.27, compared to the broader market0.0020.0040.0060.0080.00100.0014.2780.79
VFSTX
OSTIX

The current VFSTX Sharpe Ratio is 2.59, which is lower than the OSTIX Sharpe Ratio of 6.33. The chart below compares the historical Sharpe Ratios of VFSTX and OSTIX, 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 Ratio2.003.004.005.006.007.00JuneJulyAugustSeptemberOctoberNovember
2.59
6.33
VFSTX
OSTIX

Dividends

VFSTX vs. OSTIX - Dividend Comparison

VFSTX's dividend yield for the trailing twelve months is around 3.91%, less than OSTIX's 6.03% yield.


TTM20232022202120202019201820172016201520142013
VFSTX
Vanguard Short-Term Investment-Grade Fund Investor Shares
3.91%3.04%1.93%1.62%2.24%2.81%2.67%1.99%1.97%1.98%1.89%1.82%
OSTIX
Osterweis Strategic Income Fund
6.03%5.71%4.71%4.03%3.85%4.74%4.66%4.58%5.24%5.98%5.15%4.70%

Drawdowns

VFSTX vs. OSTIX - Drawdown Comparison

The maximum VFSTX drawdown since its inception was -9.68%, roughly equal to the maximum OSTIX drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for VFSTX and OSTIX. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.08%
0
VFSTX
OSTIX

Volatility

VFSTX vs. OSTIX - Volatility Comparison

Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) has a higher volatility of 0.80% compared to Osterweis Strategic Income Fund (OSTIX) at 0.48%. This indicates that VFSTX's price experiences larger fluctuations and is considered to be riskier than OSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%JuneJulyAugustSeptemberOctoberNovember
0.80%
0.48%
VFSTX
OSTIX