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VICSX vs. VSCSX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VICSX vs. VSCSX - 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 Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX). 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 -0.51% return, which is significantly lower than VSCSX's 0.84% return. Both investments have delivered pretty close results over the past 10 years, with VICSX having a 2.66% annualized return and VSCSX not far behind at 2.64%.


VICSX

1D
0.14%
1M
-1.04%
6M
-0.68%
YTD
-0.51%
1Y
2.40%
3Y*
5.76%
5Y*
0.73%
10Y*
2.66%
ALL TIME*
4.26%

VSCSX

1D
0.05%
1M
-0.09%
6M
0.47%
YTD
0.84%
1Y
3.13%
3Y*
5.51%
5Y*
2.36%
10Y*
2.64%
ALL TIME*
2.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

VICSX vs. VSCSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VICSX
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares
-0.51%9.36%3.66%8.88%-14.09%-1.56%9.52%13.99%-1.73%5.47%
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
0.84%6.75%5.36%6.11%-5.72%-0.43%5.06%6.85%0.88%2.46%

Correlation

The correlation between VICSX and VSCSX is 0.92, meaning they have usually moved in the same direction, including during past declines.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.93

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.93

Correlation (10Y)
Provides a long-term view across more market conditions.

0.91

Correlation (All Time)
Calculated using the full available price history since Nov 23, 2009

0.90

The correlation between VICSX and VSCSX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

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Return for Risk

VICSX vs. VSCSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VICSX
VICSX Risk / Return Rank: 2424
Overall Rank
VICSX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
VICSX Sortino Ratio Rank: 2424
Sortino Ratio Rank
VICSX Omega Ratio Rank: 2323
Omega Ratio Rank
VICSX Calmar Ratio Rank: 2525
Calmar Ratio Rank
VICSX Martin Ratio Rank: 2323
Martin Ratio Rank

VSCSX
VSCSX Risk / Return Rank: 8484
Overall Rank
VSCSX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
VSCSX Sortino Ratio Rank: 8585
Sortino Ratio Rank
VSCSX Omega Ratio Rank: 8484
Omega Ratio Rank
VSCSX Calmar Ratio Rank: 8282
Calmar Ratio Rank
VSCSX Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VICSX vs. VSCSX - 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 Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX). 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.


VICSXVSCSXDifference
Sharpe ratioReturn per unit of total volatility

-1.22

Sortino ratioReturn per unit of downside risk

-1.84

Omega ratioGain probability vs. loss probability

1.14

1.40

-0.26

Calmar ratioReturn relative to maximum drawdown

1.09

2.69

-1.60

Martin ratioReturn relative to average drawdown

3.04

10.30

-7.25

VICSX vs. VSCSX - Sharpe Ratio Comparison

The current VICSX Sharpe Ratio is 0.84, which is lower than the VSCSX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of VICSX and VSCSX, 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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Drawdowns

VICSX vs. VSCSX - Drawdown Comparison

The maximum VICSX drawdown since its inception was -20.53%, which is greater than VSCSX's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for VICSX and VSCSX.


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Drawdown Indicators


VICSXVSCSXDifference

Max Drawdown

Largest peak-to-trough decline

-20.53%

-9.36%

-11.17%

Max Drawdown (1Y)

Largest decline over 1 year

-2.98%

-1.36%

-1.62%

Max Drawdown (3Y)

Largest decline over 3 years

-5.22%

-1.36%

-3.86%

Max Drawdown (5Y)

Largest decline over 5 years

-20.46%

-9.32%

-11.14%

Max Drawdown (10Y)

Largest decline over 10 years

-20.53%

-9.36%

-11.17%

Current Drawdown

Current decline from peak

-2.02%

-0.23%

-1.79%

Average Drawdown

Average peak-to-trough decline

-3.14%

-0.97%

-2.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.07%

0.36%

+0.71%

Volatility

VICSX vs. VSCSX - Volatility Comparison

Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares (VICSX) has a higher volatility of 1.03% compared to Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) at 0.51%. This indicates that VICSX's price experiences larger fluctuations and is considered to be riskier than VSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VICSXVSCSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.03%

0.51%

+0.52%

Volatility (6M)

Calculated over the trailing 6-month period

3.11%

1.43%

+1.68%

Volatility (1Y)

Calculated over the trailing 1-year period

3.90%

1.79%

+2.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.17%

2.73%

+3.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.34%

2.37%

+2.97%

VICSX vs. VSCSX - Expense Ratio Comparison

Both VICSX and VSCSX have an expense ratio of 0.06%, 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. VSCSX - Dividend Comparison

VICSX's dividend yield for the trailing twelve months is around 4.42%, more than VSCSX's 4.05% yield.


PositionTTM20252024202320222021202020192018201720162015
VICSX
Vanguard Intermediate-Term Corporate Bond Index Fund Admiral Shares
4.42%4.59%4.77%3.70%3.00%2.76%2.77%3.35%3.62%3.22%3.03%3.36%
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
4.05%4.32%4.27%3.07%1.98%1.78%2.25%2.85%2.66%2.26%1.93%2.21%

Frequently Asked Questions


With a correlation of 0.92, VICSX and VSCSX 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.

VICSX has higher volatility (1.03%) compared to VSCSX (0.51%). In terms of maximum drawdown, VICSX dropped -20.53% vs VSCSX's -9.36%.

VSCSX currently has the higher Sharpe Ratio (2.06 vs 0.84), 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.

Portfolio Optimizer

Find the right allocation for VICSX and VSCSX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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