VLGIX vs. VSBSX
Compare and contrast key facts about Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX).
VLGIX is managed by Vanguard. It was launched on Jul 30, 2010. VSBSX is managed by Vanguard. It was launched on Dec 28, 2009.
Performance
VLGIX vs. VSBSX - Performance Comparison
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VLGIX vs. VSBSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLGIX Vanguard Long-Term Treasury Index Fund Institutional Shares | -0.22% | 5.46% | -6.11% | 3.67% | -29.45% | -5.06% | 17.72% | 14.31% | -1.59% | 8.64% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 0.29% | 5.08% | 4.39% | 4.23% | -3.87% | -0.69% | 3.09% | 3.51% | 1.52% | 0.35% |
Returns By Period
In the year-to-date period, VLGIX achieves a -0.22% return, which is significantly lower than VSBSX's 0.29% return. Over the past 10 years, VLGIX has underperformed VSBSX with an annualized return of -0.81%, while VSBSX has yielded a comparatively higher 1.74% annualized return.
VLGIX
- 1D
- 0.04%
- 1M
- -3.08%
- YTD
- -0.22%
- 6M
- -0.69%
- 1Y
- -0.27%
- 3Y*
- -1.40%
- 5Y*
- -4.80%
- 10Y*
- -0.81%
VSBSX
- 1D
- 0.10%
- 1M
- -0.31%
- YTD
- 0.29%
- 6M
- 1.25%
- 1Y
- 3.68%
- 3Y*
- 4.11%
- 5Y*
- 1.84%
- 10Y*
- 1.74%
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VLGIX vs. VSBSX - Expense Ratio Comparison
VLGIX has a 0.05% expense ratio, which is lower than VSBSX's 0.07% 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%.
Return for Risk
VLGIX vs. VSBSX — Risk / Return Rank
VLGIX
VSBSX
VLGIX vs. VSBSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX). 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.
| VLGIX | VSBSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 2.60 | -2.56 |
Sortino ratioReturn per unit of downside risk | 0.13 | 4.12 | -3.99 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.56 | -0.54 |
Calmar ratioReturn relative to maximum drawdown | 0.15 | 4.52 | -4.37 |
Martin ratioReturn relative to average drawdown | 0.33 | 17.41 | -17.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VLGIX | VSBSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.05 | 2.60 | -2.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | 0.96 | -1.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 1.14 | -1.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 1.07 | -0.88 |
Correlation
The correlation between VLGIX and VSBSX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VLGIX vs. VSBSX - Dividend Comparison
VLGIX's dividend yield for the trailing twelve months is around 4.10%, more than VSBSX's 3.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLGIX Vanguard Long-Term Treasury Index Fund Institutional Shares | 4.10% | 4.43% | 4.67% | 3.31% | 2.83% | 1.78% | 2.15% | 2.46% | 2.73% | 2.57% | 2.70% | 2.82% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 3.57% | 3.98% | 4.50% | 3.29% | 1.12% | 0.63% | 1.72% | 2.26% | 1.80% | 1.10% | 0.76% | 0.71% |
Drawdowns
VLGIX vs. VSBSX - Drawdown Comparison
The maximum VLGIX drawdown since its inception was -46.23%, which is greater than VSBSX's maximum drawdown of -5.77%. Use the drawdown chart below to compare losses from any high point for VLGIX and VSBSX.
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Drawdown Indicators
| VLGIX | VSBSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.23% | -5.77% | -40.46% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -0.84% | -7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -41.00% | -5.77% | -35.23% |
Max Drawdown (10Y)Largest decline over 10 years | -46.23% | -5.77% | -40.46% |
Current DrawdownCurrent decline from peak | -36.41% | -0.43% | -35.98% |
Average DrawdownAverage peak-to-trough decline | -14.80% | -0.59% | -14.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 0.22% | +3.64% |
Volatility
VLGIX vs. VSBSX - Volatility Comparison
Vanguard Long-Term Treasury Index Fund Institutional Shares (VLGIX) has a higher volatility of 3.52% compared to Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX) at 0.53%. This indicates that VLGIX's price experiences larger fluctuations and is considered to be riskier than VSBSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLGIX | VSBSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 0.53% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 0.84% | +5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.39% | 1.44% | +8.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 1.94% | +12.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.74% | 1.53% | +12.21% |