VSBIX vs. VGSH
Compare and contrast key facts about Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and Vanguard Short-Term Treasury ETF (VGSH).
VSBIX is managed by Vanguard. It was launched on Aug 23, 2010. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSBIX or VGSH.
Correlation
The correlation between VSBIX and VGSH is 0.79, 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.
Performance
VSBIX vs. VGSH - Performance Comparison
Key characteristics
VSBIX:
1.83
VGSH:
2.24
VSBIX:
2.69
VGSH:
3.43
VSBIX:
1.37
VGSH:
1.45
VSBIX:
2.04
VGSH:
4.02
VSBIX:
7.53
VGSH:
9.76
VSBIX:
0.43%
VGSH:
0.40%
VSBIX:
1.78%
VGSH:
1.75%
VSBIX:
-6.49%
VGSH:
-5.70%
VSBIX:
-1.20%
VGSH:
-0.51%
Returns By Period
In the year-to-date period, VSBIX achieves a 3.04% return, which is significantly lower than VGSH's 3.70% return. Over the past 10 years, VSBIX has underperformed VGSH with an annualized return of 1.16%, while VGSH has yielded a comparatively higher 1.32% annualized return.
VSBIX
3.04%
-0.29%
1.87%
3.21%
0.99%
1.16%
VGSH
3.70%
0.34%
2.55%
3.86%
1.31%
1.32%
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VSBIX vs. VGSH - Expense Ratio Comparison
VSBIX has a 0.05% expense ratio, which is higher than VGSH's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VSBIX vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and Vanguard Short-Term Treasury ETF (VGSH). 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.
Dividends
VSBIX vs. VGSH - Dividend Comparison
VSBIX's dividend yield for the trailing twelve months is around 3.50%, less than VGSH's 3.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSBIX Vanguard Short-Term Treasury Index Fund Institutional Shares | 3.50% | 3.31% | 1.14% | 0.35% | 1.14% | 2.28% | 1.81% | 1.11% | 0.85% | 0.70% | 0.44% | 0.29% |
VGSH Vanguard Short-Term Treasury ETF | 3.84% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
VSBIX vs. VGSH - Drawdown Comparison
The maximum VSBIX drawdown since its inception was -6.49%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VSBIX and VGSH. For additional features, visit the drawdowns tool.
Volatility
VSBIX vs. VGSH - Volatility Comparison
Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) has a higher volatility of 0.58% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.36%. This indicates that VSBIX's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.