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VFSUX vs. VAIPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VFSUX vs. VAIPX - Performance Comparison

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

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VFSUX vs. VAIPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VFSUX
Vanguard Short-Term Investment-Grade Fund Admiral Shares
-0.19%6.87%5.08%6.17%-5.75%-0.62%5.26%5.85%0.98%2.13%
VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
0.35%6.87%1.85%3.83%-11.92%5.69%10.96%8.16%-1.39%2.91%

Returns By Period

In the year-to-date period, VFSUX achieves a -0.19% return, which is significantly lower than VAIPX's 0.35% return. Both investments have delivered pretty close results over the past 10 years, with VFSUX having a 2.61% annualized return and VAIPX not far behind at 2.55%.


VFSUX

1D
0.19%
1M
-1.04%
YTD
-0.19%
6M
0.87%
1Y
4.56%
3Y*
5.31%
5Y*
2.33%
10Y*
2.61%

VAIPX

1D
0.04%
1M
-1.07%
YTD
0.35%
6M
0.23%
1Y
2.90%
3Y*
3.09%
5Y*
1.33%
10Y*
2.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VFSUX vs. VAIPX - Expense Ratio Comparison

Both VFSUX and VAIPX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

VFSUX vs. VAIPX — Risk / Return Rank

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

VFSUX
VFSUX Risk / Return Rank: 9292
Overall Rank
VFSUX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
VFSUX Sortino Ratio Rank: 9494
Sortino Ratio Rank
VFSUX Omega Ratio Rank: 9090
Omega Ratio Rank
VFSUX Calmar Ratio Rank: 9393
Calmar Ratio Rank
VFSUX Martin Ratio Rank: 9393
Martin Ratio Rank

VAIPX
VAIPX Risk / Return Rank: 3131
Overall Rank
VAIPX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
VAIPX Sortino Ratio Rank: 2525
Sortino Ratio Rank
VAIPX Omega Ratio Rank: 2121
Omega Ratio Rank
VAIPX Calmar Ratio Rank: 4646
Calmar Ratio Rank
VAIPX Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VFSUX vs. VAIPX - Risk-Adjusted Trends Comparison

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


VFSUXVAIPXDifference

Sharpe ratio

Return per unit of total volatility

1.84

0.74

+1.11

Sortino ratio

Return per unit of downside risk

3.00

1.03

+1.97

Omega ratio

Gain probability vs. loss probability

1.41

1.13

+0.27

Calmar ratio

Return relative to maximum drawdown

2.97

1.20

+1.76

Martin ratio

Return relative to average drawdown

11.85

3.63

+8.22

VFSUX vs. VAIPX - Sharpe Ratio Comparison

The current VFSUX Sharpe Ratio is 1.84, which is higher than the VAIPX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of VFSUX and VAIPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VFSUXVAIPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.84

0.74

+1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.79

0.22

+0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.06

0.48

+0.58

Sharpe Ratio (All Time)

Calculated using the full available price history

1.34

0.51

+0.83

Correlation

The correlation between VFSUX and VAIPX is 0.63, 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.


Dividends

VFSUX vs. VAIPX - Dividend Comparison

VFSUX's dividend yield for the trailing twelve months is around 4.29%, less than VAIPX's 4.46% yield.


TTM20252024202320222021202020192018201720162015
VFSUX
Vanguard Short-Term Investment-Grade Fund Admiral Shares
4.29%4.59%4.16%3.14%2.03%1.79%2.34%2.92%2.79%2.11%2.14%2.09%
VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
4.46%4.74%4.17%4.31%8.45%5.13%1.38%2.29%3.12%2.41%3.49%0.88%

Drawdowns

VFSUX vs. VAIPX - Drawdown Comparison

The maximum VFSUX drawdown since its inception was -9.24%, smaller than the maximum VAIPX drawdown of -15.04%. Use the drawdown chart below to compare losses from any high point for VFSUX and VAIPX.


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Drawdown Indicators


VFSUXVAIPXDifference

Max Drawdown

Largest peak-to-trough decline

-9.24%

-15.04%

+5.80%

Max Drawdown (1Y)

Largest decline over 1 year

-1.71%

-2.85%

+1.14%

Max Drawdown (5Y)

Largest decline over 5 years

-9.24%

-14.40%

+5.16%

Max Drawdown (10Y)

Largest decline over 10 years

-9.24%

-14.40%

+5.16%

Current Drawdown

Current decline from peak

-1.23%

-1.37%

+0.14%

Average Drawdown

Average peak-to-trough decline

-0.88%

-3.84%

+2.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.43%

0.94%

-0.51%

Volatility

VFSUX vs. VAIPX - Volatility Comparison

The current volatility for Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) is 0.78%, while Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) has a volatility of 1.40%. This indicates that VFSUX experiences smaller price fluctuations and is considered to be less risky than VAIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VFSUXVAIPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.78%

1.40%

-0.62%

Volatility (6M)

Calculated over the trailing 6-month period

1.51%

2.28%

-0.77%

Volatility (1Y)

Calculated over the trailing 1-year period

2.53%

4.10%

-1.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.95%

6.00%

-3.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.47%

5.34%

-2.87%