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VSBIX vs. VIGAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VSBIX vs. VIGAX - 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 Vanguard Growth Index Fund Admiral Shares (VIGAX). The values are adjusted to include any dividend payments, if applicable.

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VSBIX vs. VIGAX - 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%
VIGAX
Vanguard Growth Index Fund Admiral Shares
-10.40%19.43%32.67%46.76%-33.14%27.26%40.18%37.23%-3.35%27.80%

Returns By Period

In the year-to-date period, VSBIX achieves a 0.28% return, which is significantly higher than VIGAX's -10.40% return. Over the past 10 years, VSBIX has underperformed VIGAX with an annualized return of 1.76%, while VIGAX has yielded a comparatively higher 16.02% 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%

VIGAX

1D
3.99%
1M
-5.48%
YTD
-10.40%
6M
-9.20%
1Y
17.18%
3Y*
21.13%
5Y*
11.42%
10Y*
16.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VSBIX vs. VIGAX - Expense Ratio Comparison

Both VSBIX and VIGAX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

VSBIX vs. VIGAX — 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

VIGAX
VIGAX Risk / Return Rank: 3838
Overall Rank
VIGAX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
VIGAX Sortino Ratio Rank: 4040
Sortino Ratio Rank
VIGAX Omega Ratio Rank: 3838
Omega Ratio Rank
VIGAX Calmar Ratio Rank: 4242
Calmar Ratio Rank
VIGAX Martin Ratio Rank: 3737
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. VIGAX - 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 Vanguard Growth Index Fund Admiral Shares (VIGAX). 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.


VSBIXVIGAXDifference

Sharpe ratio

Return per unit of total volatility

2.65

0.80

+1.85

Sortino ratio

Return per unit of downside risk

4.33

1.30

+3.03

Omega ratio

Gain probability vs. loss probability

1.58

1.18

+0.39

Calmar ratio

Return relative to maximum drawdown

4.70

1.11

+3.59

Martin ratio

Return relative to average drawdown

18.02

3.96

+14.06

VSBIX vs. VIGAX - Sharpe Ratio Comparison

The current VSBIX Sharpe Ratio is 2.65, which is higher than the VIGAX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of VSBIX and VIGAX, 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


VSBIXVIGAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.65

0.80

+1.85

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

0.51

+0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.16

0.75

+0.41

Sharpe Ratio (All Time)

Calculated using the full available price history

1.09

0.44

+0.65

Correlation

The correlation between VSBIX and VIGAX is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

VSBIX vs. VIGAX - Dividend Comparison

VSBIX's dividend yield for the trailing twelve months is around 3.59%, more than VIGAX's 0.44% 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%
VIGAX
Vanguard Growth Index Fund Admiral Shares
0.44%0.40%0.46%0.57%0.69%0.47%0.66%0.94%1.31%1.14%1.39%1.31%

Drawdowns

VSBIX vs. VIGAX - Drawdown Comparison

The maximum VSBIX drawdown since its inception was -5.74%, smaller than the maximum VIGAX drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for VSBIX and VIGAX.


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Drawdown Indicators


VSBIXVIGAXDifference

Max Drawdown

Largest peak-to-trough decline

-5.74%

-50.66%

+44.92%

Max Drawdown (1Y)

Largest decline over 1 year

-0.81%

-16.51%

+15.70%

Max Drawdown (5Y)

Largest decline over 5 years

-5.74%

-35.63%

+29.89%

Max Drawdown (10Y)

Largest decline over 10 years

-5.74%

-35.63%

+29.89%

Current Drawdown

Current decline from peak

-0.44%

-13.18%

+12.74%

Average Drawdown

Average peak-to-trough decline

-0.59%

-12.02%

+11.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.21%

4.64%

-4.43%

Volatility

VSBIX vs. VIGAX - Volatility Comparison

The current volatility for Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) is 0.51%, while Vanguard Growth Index Fund Admiral Shares (VIGAX) has a volatility of 7.01%. This indicates that VSBIX experiences smaller price fluctuations and is considered to be less risky than VIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VSBIXVIGAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.51%

7.01%

-6.50%

Volatility (6M)

Calculated over the trailing 6-month period

0.82%

12.73%

-11.91%

Volatility (1Y)

Calculated over the trailing 1-year period

1.42%

22.99%

-21.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.94%

22.36%

-20.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.53%

21.53%

-20.00%