VGUS vs. CUSD

Last updated Jun 24, 2026

VGUS (Vanguard Ultra-Short Treasury ETF) and CUSD (CrossingBridge Ultra-Short Duration ETF) are both Ultrashort Bond funds. VGUS is passively managed, while CUSD is actively managed. Over the past year, VGUS returned 3.85% vs 6.58% for CUSD. At a correlation of -0.02, they often move in opposite directions. VGUS charges 0.07%/yr vs 0.81%/yr for CUSD.

Performance

VGUS vs. CUSD - Performance Comparison

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

Returns By Period

In the year-to-date period, VGUS achieves a 1.61% return, which is significantly lower than CUSD's 4.97% return.

VGUS

• 1D: 0.01%
• 1M: 0.20%
• YTD: 1.61%
• 6M: 1.69%
• 1Y: 3.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CUSD

• 1D: 3.80%
• 1M: 3.10%
• YTD: 4.97%
• 6M: 5.87%
• 1Y: 6.58%
• 3Y*: 5.80%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VGUS vs. CUSD - Yearly Performance Comparison

	2026 (YTD)	2025
VGUS Vanguard Ultra-Short Treasury ETF	1.61%	3.78%
CUSD CrossingBridge Ultra-Short Duration ETF	4.97%	4.49%

Correlation

The correlation between VGUS and CUSD is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Feb 11, 2025	-0.02

The correlation between VGUS and CUSD shifts across timeframes, from -0.13 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VGUS vs. CUSD — Risk / Return Rank

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

VGUS

VGUS Risk / Return Rank: 99
VGUS Sharpe Ratio Rank: 100
VGUS Sortino Ratio Rank: 99
VGUS Omega Ratio Rank: 99
VGUS Calmar Ratio Rank: 99
VGUS Martin Ratio Rank: 100

CUSD

CUSD Risk / Return Rank: 20
CUSD Sharpe Ratio Rank: 16
CUSD Sortino Ratio Rank: 16
CUSD Omega Ratio Rank: 19
CUSD Calmar Ratio Rank: 26
CUSD Martin Ratio Rank: 25

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.

VGUS vs. CUSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Ultra-Short Treasury ETF (VGUS) and CrossingBridge Ultra-Short Duration ETF (CUSD). 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.

	VGUS	CUSD	Difference
Sharpe ratio: Return per unit of total volatility	11.84	0.45	+11.39
Sortino ratio: Return per unit of downside risk	34.08	0.80	+33.27
Omega ratio: Gain probability vs. loss probability	10.49	1.13	+9.36
Calmar ratio: Return relative to maximum drawdown	53.13	1.22	+51.91
Martin ratio: Return relative to average drawdown	402.18	3.09	+399.10

VGUS vs. CUSD - Sharpe Ratio Comparison

The current VGUS Sharpe Ratio is 11.84, which is higher than the CUSD Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of VGUS and CUSD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VGUS vs. CUSD - Drawdown Comparison

The maximum VGUS drawdown since its inception was -0.07%, smaller than the maximum CUSD drawdown of -5.42%. Use the drawdown chart below to compare losses from any high point for VGUS and CUSD.

Drawdown Indicators

	VGUS	CUSD	Difference
Max Drawdown Largest peak-to-trough decline	-0.07%	-5.42%	+5.35%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	-5.42%	+5.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.42%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.00%	-0.48%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	2.14%	-2.13%

Volatility

VGUS vs. CUSD - Volatility Comparison

The current volatility for Vanguard Ultra-Short Treasury ETF (VGUS) is 0.11%, while CrossingBridge Ultra-Short Duration ETF (CUSD) has a volatility of 6.15%. This indicates that VGUS experiences smaller price fluctuations and is considered to be less risky than CUSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGUS	CUSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.11%	6.15%	-6.04%
Volatility (6M) Calculated over the trailing 6-month period	0.18%	11.99%	-11.81%
Volatility (1Y) Calculated over the trailing 1-year period	0.33%	14.64%	-14.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.34%	7.39%	-7.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.34%	7.39%	-7.05%

VGUS vs. CUSD - Expense Ratio Comparison

VGUS has a 0.07% expense ratio, which is lower than CUSD's 0.81% expense ratio.

Dividends

VGUS vs. CUSD - Dividend Comparison

VGUS's dividend yield for the trailing twelve months is around 3.60%, less than CUSD's 13.39% yield.

Position	TTM	2025	2024	2023	2022
CUSD CrossingBridge Ultra-Short Duration ETF	13.39%	14.05%	7.10%	3.62%	1.14%
VGUS Vanguard Ultra-Short Treasury ETF	3.60%	3.12%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VGUS and CUSD in my portfolio?

VGUS and CUSD have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VGUS or CUSD?

CUSD has higher volatility (6.15%) compared to VGUS (0.11%). In terms of maximum drawdown, VGUS dropped -0.07% vs CUSD's -5.42%.

Which ETF is better, VGUS or CUSD?

On 1-year performance, CUSD leads with 6.58% vs 3.85% for VGUS. On fees, VGUS is cheaper at 0.07% per year. On volatility, VGUS has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VGUS or CUSD?

Over the 1-year period, CUSD has performed better with a 6.58% return vs 3.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VGUS or CUSD?

VGUS is cheaper with a 0.07% expense ratio, compared with 0.81% for CUSD.

Which ETF pays a higher dividend yield, VGUS or CUSD?

CUSD has the higher dividend yield at 13.39%, compared with 3.60% for VGUS.

What is the main difference between VGUS and CUSD?

They also come from different issuers: Vanguard and CrossingBridge. Their fees differ too: 0.07% for VGUS and 0.81% for CUSD.

Which has better risk-adjusted returns?

VGUS currently has the higher Sharpe Ratio (11.84 vs 0.45), 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.