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VICSX vs. VBILX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VICSX vs. VBILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares (VICSX) and Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VICSX achieves a 0.36% return, which is significantly higher than VBILX's -0.05% return. Over the past 10 years, VICSX has outperformed VBILX with an annualized return of 2.98%, while VBILX has yielded a comparatively lower 1.91% annualized return.


VICSX

1D
0.04%
1M
0.59%
YTD
0.36%
6M
0.32%
1Y
6.40%
3Y*
6.24%
5Y*
1.40%
10Y*
2.98%

VBILX

1D
0.00%
1M
0.37%
YTD
-0.05%
6M
-0.26%
1Y
5.07%
3Y*
4.38%
5Y*
0.30%
10Y*
1.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VICSX vs. VBILX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VICSX
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares
0.36%9.36%3.66%8.88%-14.09%-1.56%9.52%13.99%-1.73%5.47%
VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
-0.05%8.57%1.54%6.09%-13.59%-2.36%9.82%10.20%-0.15%3.86%

Correlation

The correlation between VICSX and VBILX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.92

Correlation (3Y)
Calculated over the trailing 3-year period

0.95

Correlation (5Y)
Calculated over the trailing 5-year period

0.96

Correlation (10Y)
Calculated over the trailing 10-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2009

0.95

The correlation between VICSX and VBILX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

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Return for Risk

VICSX vs. VBILX — Risk / Return Rank

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

VICSX
VICSX Risk / Return Rank: 3333
Overall Rank
VICSX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
VICSX Sortino Ratio Rank: 3434
Sortino Ratio Rank
VICSX Omega Ratio Rank: 3232
Omega Ratio Rank
VICSX Calmar Ratio Rank: 3434
Calmar Ratio Rank
VICSX Martin Ratio Rank: 3131
Martin Ratio Rank

VBILX
VBILX Risk / Return Rank: 1818
Overall Rank
VBILX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
VBILX Sortino Ratio Rank: 1919
Sortino Ratio Rank
VBILX Omega Ratio Rank: 1717
Omega Ratio Rank
VBILX Calmar Ratio Rank: 1717
Calmar Ratio Rank
VBILX Martin Ratio Rank: 1616
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.

VICSX vs. VBILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares (VICSX) and Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX). 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.


VICSXVBILXDifference
Sharpe ratioReturn per unit of total volatility

+0.44

Sortino ratioReturn per unit of downside risk

+0.60

Omega ratioGain probability vs. loss probability

1.30

1.22

+0.08

Calmar ratioReturn relative to maximum drawdown

2.19

1.49

+0.71

Martin ratioReturn relative to average drawdown

7.29

4.50

+2.79

VICSX vs. VBILX - Sharpe Ratio Comparison

The current VICSX Sharpe Ratio is 1.67, which is higher than the VBILX Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of VICSX and VBILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


VICSXVBILXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.67

1.23

+0.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.05

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.36

+0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.67

+0.18

Drawdowns

VICSX vs. VBILX - Drawdown Comparison

The maximum VICSX drawdown since its inception was -20.53%, which is greater than VBILX's maximum drawdown of -19.26%. Use the drawdown chart below to compare losses from any high point for VICSX and VBILX.


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Drawdown Indicators


VICSXVBILXDifference

Max Drawdown

Largest peak-to-trough decline

-20.53%

-19.26%

-1.27%

Max Drawdown (1Y)

Largest decline over 1 year

-2.98%

-3.43%

+0.45%

Max Drawdown (3Y)

Largest decline over 3 years

-6.02%

-6.05%

+0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-20.53%

-19.15%

-1.38%

Max Drawdown (10Y)

Largest decline over 10 years

-20.53%

-19.26%

-1.27%

Current Drawdown

Current decline from peak

-1.17%

-1.84%

+0.67%

Average Drawdown

Average peak-to-trough decline

-3.16%

-3.16%

0.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.89%

1.13%

-0.24%

Volatility

VICSX vs. VBILX - Volatility Comparison

Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares (VICSX) and Vanguard Intermediate-Term Bond Index Fund Admiral Shares (VBILX) have volatilities of 1.37% and 1.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VICSXVBILXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.37%

1.44%

-0.07%

Volatility (6M)

Calculated over the trailing 6-month period

2.90%

3.00%

-0.10%

Volatility (1Y)

Calculated over the trailing 1-year period

3.93%

4.16%

-0.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.17%

6.39%

-0.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.34%

5.36%

-0.02%

VICSX vs. VBILX - Expense Ratio Comparison

Both VICSX and VBILX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

VICSX vs. VBILX - Dividend Comparison

VICSX's dividend yield for the trailing twelve months is around 4.76%, more than VBILX's 4.21% yield.


PositionTTM20252024202320222021202020192018201720162015
VBILX
Vanguard Intermediate-Term Bond Index Fund Admiral Shares
4.21%4.01%3.80%3.09%1.99%3.39%2.94%2.73%2.87%2.73%3.06%3.09%
VICSX
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares
4.76%4.59%4.77%3.70%3.00%2.76%2.77%3.35%3.62%3.22%3.03%3.36%

Frequently Asked Questions


With a correlation of 0.92, VICSX and VBILX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

VBILX has higher volatility (1.44%) compared to VICSX (1.37%). In terms of maximum drawdown, VICSX dropped -20.53% vs VBILX's -19.26%.

VICSX currently has the higher Sharpe Ratio (1.67 vs 1.23), 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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