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

Key characteristics


VFSTXVCLT
YTD Return4.43%0.40%
1Y Return7.68%14.18%
3Y Return (Ann)1.26%-6.68%
5Y Return (Ann)1.88%-1.14%
10Y Return (Ann)2.11%2.55%
Sharpe Ratio2.831.34
Sortino Ratio4.621.95
Omega Ratio1.601.23
Calmar Ratio1.810.50
Martin Ratio17.694.21
Ulcer Index0.46%3.49%
Daily Std Dev2.85%11.00%
Max Drawdown-9.36%-34.31%
Current Drawdown-0.99%-19.02%

Correlation

-0.50.00.51.00.6

The correlation between VFSTX and VCLT is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

VFSTX vs. VCLT - Performance Comparison

In the year-to-date period, VFSTX achieves a 4.43% return, which is significantly higher than VCLT's 0.40% return. Over the past 10 years, VFSTX has underperformed VCLT with an annualized return of 2.11%, while VCLT has yielded a comparatively higher 2.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.83%
4.53%
VFSTX
VCLT

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VFSTX vs. VCLT - Expense Ratio Comparison

VFSTX has a 0.20% expense ratio, which is higher than VCLT'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 VCLT: 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%

Risk-Adjusted Performance

VFSTX vs. VCLT - 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 Long-Term Corporate Bond ETF (VCLT). 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.


VFSTX
Sharpe ratio
The chart of Sharpe ratio for VFSTX, currently valued at 2.83, compared to the broader market0.002.004.002.83
Sortino ratio
The chart of Sortino ratio for VFSTX, currently valued at 4.62, compared to the broader market0.005.0010.004.62
Omega ratio
The chart of Omega ratio for VFSTX, currently valued at 1.60, compared to the broader market1.002.003.004.001.60
Calmar ratio
The chart of Calmar ratio for VFSTX, currently valued at 1.81, compared to the broader market0.005.0010.0015.0020.001.81
Martin ratio
The chart of Martin ratio for VFSTX, currently valued at 17.69, compared to the broader market0.0020.0040.0060.0080.00100.0017.69
VCLT
Sharpe ratio
The chart of Sharpe ratio for VCLT, currently valued at 1.34, compared to the broader market0.002.004.001.34
Sortino ratio
The chart of Sortino ratio for VCLT, currently valued at 1.95, compared to the broader market0.005.0010.001.95
Omega ratio
The chart of Omega ratio for VCLT, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for VCLT, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.000.50
Martin ratio
The chart of Martin ratio for VCLT, currently valued at 4.21, compared to the broader market0.0020.0040.0060.0080.00100.004.21

VFSTX vs. VCLT - Sharpe Ratio Comparison

The current VFSTX Sharpe Ratio is 2.83, which is higher than the VCLT Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of VFSTX and VCLT, 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 Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.83
1.34
VFSTX
VCLT

Dividends

VFSTX vs. VCLT - Dividend Comparison

VFSTX's dividend yield for the trailing twelve months is around 3.91%, less than VCLT's 4.97% yield.


TTM20232022202120202019201820172016201520142013
VFSTX
Vanguard Short-Term Investment-Grade Fund Investor Shares
3.91%3.05%1.93%1.98%2.23%2.82%2.68%1.82%2.06%2.00%1.97%2.06%
VCLT
Vanguard Long-Term Corporate Bond ETF
4.97%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%4.29%4.83%

Drawdowns

VFSTX vs. VCLT - Drawdown Comparison

The maximum VFSTX drawdown since its inception was -9.36%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for VFSTX and VCLT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.99%
-19.02%
VFSTX
VCLT

Volatility

VFSTX vs. VCLT - Volatility Comparison

The current volatility for Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) is 0.71%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 2.89%. This indicates that VFSTX experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
0.71%
2.89%
VFSTX
VCLT