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VGSH vs. VUSB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VGSH and VUSB is 0.72, 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.


-0.50.00.51.00.7

Performance

VGSH vs. VUSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Treasury ETF (VGSH) and Vanguard Ultra-Short Bond ETF (VUSB). The values are adjusted to include any dividend payments, if applicable.

2.00%4.00%6.00%8.00%10.00%12.00%AugustSeptemberOctoberNovemberDecember2025
3.68%
11.11%
VGSH
VUSB

Key characteristics

Sharpe Ratio

VGSH:

2.35

VUSB:

7.22

Sortino Ratio

VGSH:

3.60

VUSB:

13.49

Omega Ratio

VGSH:

1.48

VUSB:

3.18

Calmar Ratio

VGSH:

4.20

VUSB:

28.64

Martin Ratio

VGSH:

10.10

VUSB:

140.89

Ulcer Index

VGSH:

0.40%

VUSB:

0.04%

Daily Std Dev

VGSH:

1.74%

VUSB:

0.80%

Max Drawdown

VGSH:

-5.70%

VUSB:

-1.79%

Current Drawdown

VGSH:

-0.25%

VUSB:

0.00%

Returns By Period

In the year-to-date period, VGSH achieves a -0.03% return, which is significantly lower than VUSB's 0.02% return.


VGSH

YTD

-0.03%

1M

0.11%

6M

2.48%

1Y

4.15%

5Y*

1.31%

10Y*

1.32%

VUSB

YTD

0.02%

1M

0.38%

6M

2.98%

1Y

5.78%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


VGSH vs. VUSB - Expense Ratio Comparison

VGSH has a 0.04% expense ratio, which is lower than VUSB's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


VUSB
Vanguard Ultra-Short Bond ETF
Expense ratio chart for VUSB: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VGSH: 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

VGSH vs. VUSB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury ETF (VGSH) and Vanguard Ultra-Short Bond ETF (VUSB). 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 VGSH, currently valued at 2.35, compared to the broader market0.002.004.002.357.22
The chart of Sortino ratio for VGSH, currently valued at 3.60, compared to the broader market-2.000.002.004.006.008.0010.003.6013.49
The chart of Omega ratio for VGSH, currently valued at 1.48, compared to the broader market0.501.001.502.002.503.001.483.18
The chart of Calmar ratio for VGSH, currently valued at 4.20, compared to the broader market0.005.0010.0015.004.2028.64
The chart of Martin ratio for VGSH, currently valued at 10.10, compared to the broader market0.0020.0040.0060.0080.00100.0010.10140.89
VGSH
VUSB

The current VGSH Sharpe Ratio is 2.35, which is lower than the VUSB Sharpe Ratio of 7.22. The chart below compares the historical Sharpe Ratios of VGSH and VUSB, 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 Ratio2.003.004.005.006.007.00AugustSeptemberOctoberNovemberDecember2025
2.35
7.22
VGSH
VUSB

Dividends

VGSH vs. VUSB - Dividend Comparison

VGSH's dividend yield for the trailing twelve months is around 4.19%, less than VUSB's 5.16% yield.


TTM20242023202220212020201920182017201620152014
VGSH
Vanguard Short-Term Treasury ETF
4.19%4.19%3.32%1.15%0.66%1.75%2.28%1.79%1.10%0.84%0.71%0.46%
VUSB
Vanguard Ultra-Short Bond ETF
5.16%5.16%4.45%1.53%0.26%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

VGSH vs. VUSB - Drawdown Comparison

The maximum VGSH drawdown since its inception was -5.70%, which is greater than VUSB's maximum drawdown of -1.79%. Use the drawdown chart below to compare losses from any high point for VGSH and VUSB. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.25%
0
VGSH
VUSB

Volatility

VGSH vs. VUSB - Volatility Comparison

Vanguard Short-Term Treasury ETF (VGSH) has a higher volatility of 0.33% compared to Vanguard Ultra-Short Bond ETF (VUSB) at 0.15%. This indicates that VGSH's price experiences larger fluctuations and is considered to be riskier than VUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%0.70%0.80%AugustSeptemberOctoberNovemberDecember2025
0.33%
0.15%
VGSH
VUSB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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