VSBIX vs. VSBSX
Compare and contrast key facts about Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX).
VSBIX is managed by Vanguard. It was launched on Aug 23, 2010. VSBSX is managed by Vanguard. It was launched on Dec 28, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSBIX or VSBSX.
Key characteristics
| VSBIX | VSBSX | |
|---|---|---|
| YTD Return | 3.42% | 3.42% |
| 1Y Return | 5.49% | 5.46% |
| 3Y Return (Ann) | 0.97% | 0.95% |
| 5Y Return (Ann) | 1.11% | 1.09% |
| 10Y Return (Ann) | 1.18% | 1.15% |
| Sharpe Ratio | 2.81 | 2.80 |
| Sortino Ratio | 4.47 | 4.43 |
| Omega Ratio | 1.61 | 1.62 |
| Calmar Ratio | 1.62 | 1.57 |
| Martin Ratio | 15.98 | 15.42 |
| Ulcer Index | 0.33% | 0.34% |
| Daily Std Dev | 1.88% | 1.87% |
| Max Drawdown | -6.49% | -6.54% |
| Current Drawdown | -0.83% | -0.82% |
Correlation
The correlation between VSBIX and VSBSX is 0.89, 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. VSBSX - Performance Comparison
As of year-to-date, both investments have demonstrated similar returns, with VSBIX at 3.42% and VSBSX at 3.42%. Both investments have delivered pretty close results over the past 10 years, with VSBIX having a 1.18% annualized return and VSBSX not far behind at 1.15%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VSBIX vs. VSBSX - Expense Ratio Comparison
VSBIX 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%.
Risk-Adjusted Performance
VSBIX vs. VSBSX - 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 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.
Dividends
VSBIX vs. VSBSX - Dividend Comparison
VSBIX's dividend yield for the trailing twelve months is around 4.14%, which matches VSBSX's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSBIX Vanguard Short-Term Treasury Index Fund Institutional Shares | 4.14% | 3.31% | 1.14% | 0.35% | 1.14% | 2.28% | 1.81% | 1.11% | 0.85% | 0.70% | 0.44% | 0.29% |
VSBSX Vanguard Short-Term Treasury Index Fund Admiral Shares | 4.12% | 3.29% | 1.12% | 0.33% | 1.11% | 2.27% | 1.80% | 1.09% | 0.81% | 0.67% | 0.40% | 0.27% |
Drawdowns
VSBIX vs. VSBSX - Drawdown Comparison
The maximum VSBIX drawdown since its inception was -6.49%, roughly equal to the maximum VSBSX drawdown of -6.54%. Use the drawdown chart below to compare losses from any high point for VSBIX and VSBSX. For additional features, visit the drawdowns tool.
Volatility
VSBIX vs. VSBSX - Volatility Comparison
Vanguard Short-Term Treasury Index Fund Institutional Shares (VSBIX) and Vanguard Short-Term Treasury Index Fund Admiral Shares (VSBSX) have volatilities of 0.35% and 0.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.