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VSBIX vs. OGVCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VSBIX vs. OGVCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and JPMorgan Government Bond Fund Class C (OGVCX). The values are adjusted to include any dividend payments, if applicable.

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VSBIX vs. OGVCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VSBIX
Vanguard Short-Term Treasury Index Fund Institutional Shares
0.28%5.11%4.37%4.28%-3.87%-0.67%3.11%3.53%1.52%0.40%
OGVCX
JPMorgan Government Bond Fund Class C
-0.42%5.99%0.61%3.50%-12.55%-3.00%5.95%5.76%-0.05%1.45%

Returns By Period

In the year-to-date period, VSBIX achieves a 0.28% return, which is significantly higher than OGVCX's -0.42% return. Over the past 10 years, VSBIX has outperformed OGVCX with an annualized return of 1.76%, while OGVCX has yielded a comparatively lower 0.37% annualized return.


VSBIX

1D
0.04%
1M
-0.33%
YTD
0.28%
6M
1.24%
1Y
3.69%
3Y*
4.12%
5Y*
1.86%
10Y*
1.76%

OGVCX

1D
0.10%
1M
-1.73%
YTD
-0.42%
6M
0.24%
1Y
2.68%
3Y*
2.31%
5Y*
-0.79%
10Y*
0.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VSBIX vs. OGVCX - Expense Ratio Comparison

VSBIX has a 0.05% expense ratio, which is lower than OGVCX's 1.39% expense ratio.


Return for Risk

VSBIX vs. OGVCX — Risk / Return Rank

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

VSBIX
VSBIX Risk / Return Rank: 9797
Overall Rank
VSBIX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
VSBIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
VSBIX Omega Ratio Rank: 9696
Omega Ratio Rank
VSBIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
VSBIX Martin Ratio Rank: 9797
Martin Ratio Rank

OGVCX
OGVCX Risk / Return Rank: 2525
Overall Rank
OGVCX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
OGVCX Sortino Ratio Rank: 2222
Sortino Ratio Rank
OGVCX Omega Ratio Rank: 1616
Omega Ratio Rank
OGVCX Calmar Ratio Rank: 3636
Calmar Ratio Rank
OGVCX Martin Ratio Rank: 2424
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.

VSBIX vs. OGVCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and JPMorgan Government Bond Fund Class C (OGVCX). 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.


VSBIXOGVCXDifference

Sharpe ratio

Return per unit of total volatility

2.65

0.70

+1.95

Sortino ratio

Return per unit of downside risk

4.33

1.01

+3.32

Omega ratio

Gain probability vs. loss probability

1.58

1.12

+0.45

Calmar ratio

Return relative to maximum drawdown

4.70

1.13

+3.57

Martin ratio

Return relative to average drawdown

18.02

3.09

+14.93

VSBIX vs. OGVCX - Sharpe Ratio Comparison

The current VSBIX Sharpe Ratio is 2.65, which is higher than the OGVCX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of VSBIX and OGVCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VSBIXOGVCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.65

0.70

+1.95

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

-0.14

+1.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.16

0.08

+1.08

Sharpe Ratio (All Time)

Calculated using the full available price history

1.09

0.55

+0.53

Correlation

The correlation between VSBIX and OGVCX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

VSBIX vs. OGVCX - Dividend Comparison

VSBIX's dividend yield for the trailing twelve months is around 3.59%, more than OGVCX's 2.34% yield.


TTM20252024202320222021202020192018201720162015
VSBIX
Vanguard Short-Term Treasury Index Fund Institutional Shares
3.59%3.99%4.52%3.31%1.14%0.65%1.74%2.28%1.81%1.11%0.80%0.74%
OGVCX
JPMorgan Government Bond Fund Class C
2.34%2.24%2.10%1.82%1.21%0.58%0.95%1.49%1.57%1.54%1.76%2.90%

Drawdowns

VSBIX vs. OGVCX - Drawdown Comparison

The maximum VSBIX drawdown since its inception was -5.74%, smaller than the maximum OGVCX drawdown of -19.66%. Use the drawdown chart below to compare losses from any high point for VSBIX and OGVCX.


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Drawdown Indicators


VSBIXOGVCXDifference

Max Drawdown

Largest peak-to-trough decline

-5.74%

-19.66%

+13.92%

Max Drawdown (1Y)

Largest decline over 1 year

-0.81%

-2.74%

+1.93%

Max Drawdown (5Y)

Largest decline over 5 years

-5.74%

-18.01%

+12.27%

Max Drawdown (10Y)

Largest decline over 10 years

-5.74%

-19.66%

+13.92%

Current Drawdown

Current decline from peak

-0.44%

-7.87%

+7.43%

Average Drawdown

Average peak-to-trough decline

-0.59%

-3.51%

+2.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.21%

1.01%

-0.80%

Volatility

VSBIX vs. OGVCX - Volatility Comparison

The current volatility for Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) is 0.51%, while JPMorgan Government Bond Fund Class C (OGVCX) has a volatility of 1.42%. This indicates that VSBIX experiences smaller price fluctuations and is considered to be less risky than OGVCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VSBIXOGVCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.51%

1.42%

-0.91%

Volatility (6M)

Calculated over the trailing 6-month period

0.82%

2.56%

-1.74%

Volatility (1Y)

Calculated over the trailing 1-year period

1.42%

4.17%

-2.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.94%

5.56%

-3.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.53%

4.57%

-3.04%