VGSLX vs. ^CASHX
VGSLX (Vanguard Real Estate Index Fund Admiral Shares) is REIT fund managed by Vanguard, while ^CASHX (US Money Market Index) is an index. Over the past 10 years, VGSLX returned 5.51%/yr vs 2.32%/yr for ^CASHX. At a correlation of -0.01, they often move in opposite directions.
Performance
VGSLX vs. ^CASHX - Performance Comparison
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Returns By Period
In the year-to-date period, VGSLX achieves a 11.48% return, which is significantly higher than ^CASHX's 1.60% return. Over the past 10 years, VGSLX has outperformed ^CASHX with an annualized return of 5.51%, while ^CASHX has yielded a comparatively lower 2.32% annualized return.
VGSLX
- 1D
- -0.05%
- 1M
- 1.81%
- YTD
- 11.48%
- 6M
- 11.28%
- 1Y
- 11.84%
- 3Y*
- 10.04%
- 5Y*
- 2.35%
- 10Y*
- 5.51%
^CASHX
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 1.60%
- 6M
- 1.79%
- 1Y
- 3.89%
- 3Y*
- 4.63%
- 5Y*
- 3.53%
- 10Y*
- 2.32%
VGSLX vs. ^CASHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 11.48% | 3.18% | 3.67% | 13.13% | -26.20% | 40.39% | -4.75% | 28.90% | -5.99% | 4.91% |
^CASHX US Money Market Index | 1.60% | 4.21% | 5.16% | 5.03% | 1.68% | 0.08% | 0.37% | 2.16% | 1.83% | 1.00% |
Correlation
The correlation between VGSLX and ^CASHX is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | -0.01 |
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Return for Risk
VGSLX vs. ^CASHX — Risk / Return Rank
VGSLX
^CASHX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VGSLX vs. ^CASHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Real Estate Index Fund Admiral Shares (VGSLX) and US Money Market Index (^CASHX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VGSLX | ^CASHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -258.94 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | — | — |
| Martin ratioReturn relative to average drawdown | 4.70 | — | — |
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Drawdowns
VGSLX vs. ^CASHX - Drawdown Comparison
The maximum VGSLX drawdown since its inception was -73.05%, which is greater than ^CASHX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VGSLX and ^CASHX.
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Drawdown Indicators
| VGSLX | ^CASHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.05% | 0.00% | -73.05% |
Max Drawdown (1Y)Largest decline over 1 year | -8.33% | 0.00% | -8.33% |
Max Drawdown (3Y)Largest decline over 3 years | -17.41% | 0.00% | -17.41% |
Max Drawdown (5Y)Largest decline over 5 years | -34.41% | 0.00% | -34.41% |
Max Drawdown (10Y)Largest decline over 10 years | -42.34% | 0.00% | -42.34% |
Current DrawdownCurrent decline from peak | -0.44% | 0.00% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -12.56% | 0.00% | -12.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 0.00% | +2.64% |
Volatility
VGSLX vs. ^CASHX - Volatility Comparison
Vanguard Real Estate Index Fund Admiral Shares (VGSLX) has a higher volatility of 4.78% compared to US Money Market Index (^CASHX) at 0.00%. This indicates that VGSLX's price experiences larger fluctuations and is considered to be riskier than ^CASHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGSLX | ^CASHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 0.00% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 0.00% | +9.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.53% | 0.01% | +13.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.91% | 0.08% | +18.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.86% | 0.08% | +20.78% |
Frequently Asked Questions
VGSLX and ^CASHX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGSLX has higher volatility (4.78%) compared to ^CASHX (0.00%). In terms of maximum drawdown, VGSLX dropped -73.05% vs ^CASHX's 0.00%.
^CASHX currently has the higher Sharpe Ratio (259.86 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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