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VSCSX vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VSCSX and GLD is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

VSCSX vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) and SPDR Gold Trust (GLD). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
47.19%
111.83%
VSCSX
GLD

Key characteristics

Sharpe Ratio

VSCSX:

2.07

GLD:

1.91

Sortino Ratio

VSCSX:

3.10

GLD:

2.53

Omega Ratio

VSCSX:

1.40

GLD:

1.33

Calmar Ratio

VSCSX:

2.97

GLD:

3.54

Martin Ratio

VSCSX:

9.43

GLD:

10.08

Ulcer Index

VSCSX:

0.50%

GLD:

2.85%

Daily Std Dev

VSCSX:

2.29%

GLD:

15.01%

Max Drawdown

VSCSX:

-9.56%

GLD:

-45.56%

Current Drawdown

VSCSX:

-1.14%

GLD:

-5.98%

Returns By Period

In the year-to-date period, VSCSX achieves a 4.37% return, which is significantly lower than GLD's 26.64% return. Over the past 10 years, VSCSX has underperformed GLD with an annualized return of 2.29%, while GLD has yielded a comparatively higher 7.96% annualized return.


VSCSX

YTD

4.37%

1M

-0.09%

6M

2.75%

1Y

4.67%

5Y*

1.80%

10Y*

2.29%

GLD

YTD

26.64%

1M

-1.03%

6M

12.72%

1Y

27.80%

5Y*

11.67%

10Y*

7.96%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VSCSX vs. GLD - Expense Ratio Comparison

VSCSX has a 0.07% expense ratio, which is lower than GLD's 0.40% expense ratio.


GLD
SPDR Gold Trust
Expense ratio chart for GLD: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for VSCSX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

VSCSX vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) and SPDR Gold Trust (GLD). 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.


Sharpe ratio
The chart of Sharpe ratio for VSCSX, currently valued at 2.07, compared to the broader market-1.000.001.002.003.004.002.071.91
The chart of Sortino ratio for VSCSX, currently valued at 3.10, compared to the broader market-2.000.002.004.006.008.0010.003.102.53
The chart of Omega ratio for VSCSX, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.003.501.401.33
The chart of Calmar ratio for VSCSX, currently valued at 2.97, compared to the broader market0.002.004.006.008.0010.0012.0014.002.973.54
The chart of Martin ratio for VSCSX, currently valued at 9.43, compared to the broader market0.0020.0040.0060.009.4310.08
VSCSX
GLD

The current VSCSX Sharpe Ratio is 2.07, which is comparable to the GLD Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of VSCSX and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.07
1.91
VSCSX
GLD

Dividends

VSCSX vs. GLD - Dividend Comparison

VSCSX's dividend yield for the trailing twelve months is around 3.22%, while GLD has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
3.22%3.07%1.99%1.56%2.26%2.85%2.66%2.26%2.11%2.00%1.83%1.83%
GLD
SPDR Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

VSCSX vs. GLD - Drawdown Comparison

The maximum VSCSX drawdown since its inception was -9.56%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for VSCSX and GLD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.14%
-5.98%
VSCSX
GLD

Volatility

VSCSX vs. GLD - Volatility Comparison

The current volatility for Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) is 0.62%, while SPDR Gold Trust (GLD) has a volatility of 5.21%. This indicates that VSCSX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.62%
5.21%
VSCSX
GLD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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