VLISX vs. VFSUX
VLISX (Vanguard Large-Cap Index Fund Institutional Shares) and VFSUX (Vanguard Short-Term Investment-Grade Fund Admiral Shares) are both mutual funds - VLISX is a Large Cap Blend Equities fund managed by Vanguard, while VFSUX is a Total Bond Market fund managed by Vanguard. Over the past 10 years, VLISX returned 15.57%/yr vs 2.63%/yr for VFSUX. At a correlation of -0.10, they often move in opposite directions. VLISX charges 0.04%/yr vs 0.10%/yr for VFSUX.
Performance
VLISX vs. VFSUX - Performance Comparison
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Returns By Period
In the year-to-date period, VLISX achieves a 10.67% return, which is significantly higher than VFSUX's 0.72% return. Over the past 10 years, VLISX has outperformed VFSUX with an annualized return of 15.57%, while VFSUX has yielded a comparatively lower 2.63% annualized return.
VLISX
- 1D
- -0.75%
- 1M
- 4.34%
- YTD
- 10.67%
- 6M
- 10.47%
- 1Y
- 27.69%
- 3Y*
- 22.67%
- 5Y*
- 13.54%
- 10Y*
- 15.57%
VFSUX
- 1D
- -0.10%
- 1M
- 0.21%
- YTD
- 0.72%
- 6M
- 1.11%
- 1Y
- 4.50%
- 3Y*
- 5.60%
- 5Y*
- 2.37%
- 10Y*
- 2.63%
VLISX vs. VFSUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLISX Vanguard Large-Cap Index Fund Institutional Shares | 10.67% | 18.11% | 25.12% | 27.26% | -19.68% | 27.04% | 21.04% | 31.38% | -4.47% | 22.04% |
VFSUX Vanguard Short-Term Investment-Grade Fund Admiral Shares | 0.72% | 6.87% | 5.08% | 6.17% | -5.75% | -0.62% | 5.26% | 5.85% | 0.98% | 2.13% |
Correlation
The correlation between VLISX and VFSUX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004 | -0.10 |
The correlation between VLISX and VFSUX shifts across timeframes, from -0.10 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VLISX vs. VFSUX — Risk / Return Rank
VLISX
VFSUX
VLISX vs. VFSUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap Index Fund Institutional Shares (VLISX) and Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX). 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.
| VLISX | VFSUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.46 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.77 | +0.26 |
| Martin ratioReturn relative to average drawdown | 13.93 | 10.93 | +2.99 |
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
| VLISX | VFSUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 2.03 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.80 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 1.06 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 1.34 | -0.75 |
Drawdowns
VLISX vs. VFSUX - Drawdown Comparison
The maximum VLISX drawdown since its inception was -54.48%, which is greater than VFSUX's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for VLISX and VFSUX.
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Drawdown Indicators
| VLISX | VFSUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.48% | -9.24% | -45.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.19% | -1.71% | -7.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.01% | -1.71% | -17.30% |
Max Drawdown (5Y)Largest decline over 5 years | -25.65% | -9.24% | -16.41% |
Max Drawdown (10Y)Largest decline over 10 years | -33.97% | -9.24% | -24.73% |
Current DrawdownCurrent decline from peak | -0.75% | -0.33% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -0.87% | -5.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 0.43% | +1.57% |
Volatility
VLISX vs. VFSUX - Volatility Comparison
Vanguard Large-Cap Index Fund Institutional Shares (VLISX) has a higher volatility of 2.91% compared to Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) at 0.75%. This indicates that VLISX's price experiences larger fluctuations and is considered to be riskier than VFSUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLISX | VFSUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.91% | 0.75% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 1.66% | +7.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.95% | 2.33% | +9.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.16% | 2.99% | +14.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.20% | 2.49% | +15.71% |
VLISX vs. VFSUX - Expense Ratio Comparison
VLISX has a 0.04% expense ratio, which is lower than VFSUX's 0.10% 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%.
Dividends
VLISX vs. VFSUX - Dividend Comparison
VLISX's dividend yield for the trailing twelve months is around 0.98%, less than VFSUX's 4.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFSUX Vanguard Short-Term Investment-Grade Fund Admiral Shares | 4.72% | 4.59% | 4.16% | 3.14% | 2.03% | 1.79% | 2.34% | 2.92% | 2.79% | 2.11% | 2.14% | 2.09% |
VLISX Vanguard Large-Cap Index Fund Institutional Shares | 0.98% | 1.08% | 1.24% | 1.41% | 1.67% | 1.19% | 1.46% | 1.81% | 2.09% | 1.76% | 1.99% | 1.97% |
Frequently Asked Questions
VLISX and VFSUX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLISX has higher volatility (2.91%) compared to VFSUX (0.75%). In terms of maximum drawdown, VLISX dropped -54.48% vs VFSUX's -9.24%.
VLISX currently has the higher Sharpe Ratio (2.33 vs 2.03), 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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