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

Key characteristics


VSCSXVAIPX
YTD Return4.67%3.31%
1Y Return8.37%7.57%
3Y Return (Ann)1.33%-2.09%
5Y Return (Ann)1.95%2.29%
10Y Return (Ann)2.28%2.20%
Sharpe Ratio3.171.32
Sortino Ratio5.171.95
Omega Ratio1.681.24
Calmar Ratio1.770.52
Martin Ratio20.106.19
Ulcer Index0.40%1.07%
Daily Std Dev2.54%5.01%
Max Drawdown-9.56%-15.04%
Current Drawdown-0.86%-6.17%

Correlation

-0.50.00.51.00.7

The correlation between VSCSX and VAIPX is 0.70, 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

VSCSX vs. VAIPX - Performance Comparison

In the year-to-date period, VSCSX achieves a 4.67% return, which is significantly higher than VAIPX's 3.31% return. Both investments have delivered pretty close results over the past 10 years, with VSCSX having a 2.28% annualized return and VAIPX not far behind at 2.20%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.03%
3.97%
VSCSX
VAIPX

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VSCSX vs. VAIPX - Expense Ratio Comparison

VSCSX has a 0.07% expense ratio, which is lower than VAIPX's 0.10% 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%.


VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
Expense ratio chart for VAIPX: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
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. VAIPX - 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 Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX). 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.


VSCSX
Sharpe ratio
The chart of Sharpe ratio for VSCSX, currently valued at 3.17, compared to the broader market0.002.004.003.17
Sortino ratio
The chart of Sortino ratio for VSCSX, currently valued at 5.17, compared to the broader market0.005.0010.005.17
Omega ratio
The chart of Omega ratio for VSCSX, currently valued at 1.68, compared to the broader market1.002.003.004.001.68
Calmar ratio
The chart of Calmar ratio for VSCSX, currently valued at 1.77, compared to the broader market0.005.0010.0015.0020.0025.001.77
Martin ratio
The chart of Martin ratio for VSCSX, currently valued at 20.10, compared to the broader market0.0020.0040.0060.0080.00100.0020.10
VAIPX
Sharpe ratio
The chart of Sharpe ratio for VAIPX, currently valued at 1.32, compared to the broader market0.002.004.001.32
Sortino ratio
The chart of Sortino ratio for VAIPX, currently valued at 1.95, compared to the broader market0.005.0010.001.95
Omega ratio
The chart of Omega ratio for VAIPX, currently valued at 1.24, compared to the broader market1.002.003.004.001.24
Calmar ratio
The chart of Calmar ratio for VAIPX, currently valued at 0.52, compared to the broader market0.005.0010.0015.0020.0025.000.52
Martin ratio
The chart of Martin ratio for VAIPX, currently valued at 6.19, compared to the broader market0.0020.0040.0060.0080.00100.006.19

VSCSX vs. VAIPX - Sharpe Ratio Comparison

The current VSCSX Sharpe Ratio is 3.17, which is higher than the VAIPX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of VSCSX and VAIPX, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.17
1.32
VSCSX
VAIPX

Dividends

VSCSX vs. VAIPX - Dividend Comparison

VSCSX's dividend yield for the trailing twelve months is around 3.78%, less than VAIPX's 4.30% yield.


TTM20232022202120202019201820172016201520142013
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
3.78%3.07%1.99%1.56%2.26%2.85%2.66%2.26%2.11%2.00%1.83%1.83%
VAIPX
Vanguard Inflation-Protected Securities Fund Admiral Shares
4.30%4.31%8.45%5.13%1.38%2.30%3.12%2.41%2.12%0.87%2.25%1.83%

Drawdowns

VSCSX vs. VAIPX - Drawdown Comparison

The maximum VSCSX drawdown since its inception was -9.56%, smaller than the maximum VAIPX drawdown of -15.04%. Use the drawdown chart below to compare losses from any high point for VSCSX and VAIPX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.86%
-6.17%
VSCSX
VAIPX

Volatility

VSCSX vs. VAIPX - Volatility Comparison

The current volatility for Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) is 0.61%, while Vanguard Inflation-Protected Securities Fund Admiral Shares (VAIPX) has a volatility of 1.24%. This indicates that VSCSX experiences smaller price fluctuations and is considered to be less risky than VAIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.61%
1.24%
VSCSX
VAIPX