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

Key characteristics


VSCSXVBIRX
YTD Return4.47%3.12%
1Y Return7.32%5.50%
3Y Return (Ann)1.40%0.57%
5Y Return (Ann)1.87%1.15%
10Y Return (Ann)2.25%1.47%
Sharpe Ratio3.172.11
Sortino Ratio5.213.38
Omega Ratio1.681.43
Calmar Ratio2.011.26
Martin Ratio19.2410.34
Ulcer Index0.42%0.59%
Daily Std Dev2.52%2.91%
Max Drawdown-9.56%-8.91%
Current Drawdown-1.04%-1.46%

Correlation

-0.50.00.51.00.8

The correlation between VSCSX and VBIRX is 0.82, 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. VBIRX - Performance Comparison

In the year-to-date period, VSCSX achieves a 4.47% return, which is significantly higher than VBIRX's 3.12% return. Over the past 10 years, VSCSX has outperformed VBIRX with an annualized return of 2.25%, while VBIRX has yielded a comparatively lower 1.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-1.00%0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
3.39%
2.77%
VSCSX
VBIRX

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VSCSX vs. VBIRX - Expense Ratio Comparison

Both VSCSX and VBIRX have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
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%
Expense ratio chart for VBIRX: 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. VBIRX - 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 Short-Term Bond Index Fund Admiral Shares (VBIRX). 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 5.21, compared to the broader market0.005.0010.005.21
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 2.01, compared to the broader market0.005.0010.0015.0020.002.01
Martin ratio
The chart of Martin ratio for VSCSX, currently valued at 19.24, compared to the broader market0.0020.0040.0060.0080.00100.0019.24
VBIRX
Sharpe ratio
The chart of Sharpe ratio for VBIRX, currently valued at 2.11, compared to the broader market0.002.004.002.11
Sortino ratio
The chart of Sortino ratio for VBIRX, currently valued at 3.38, compared to the broader market0.005.0010.003.38
Omega ratio
The chart of Omega ratio for VBIRX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for VBIRX, currently valued at 1.26, compared to the broader market0.005.0010.0015.0020.001.26
Martin ratio
The chart of Martin ratio for VBIRX, currently valued at 10.34, compared to the broader market0.0020.0040.0060.0080.00100.0010.34

VSCSX vs. VBIRX - Sharpe Ratio Comparison

The current VSCSX Sharpe Ratio is 3.17, which is higher than the VBIRX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of VSCSX and VBIRX, 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 Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.17
2.11
VSCSX
VBIRX

Dividends

VSCSX vs. VBIRX - Dividend Comparison

VSCSX's dividend yield for the trailing twelve months is around 3.79%, more than VBIRX's 3.24% yield.


TTM20232022202120202019201820172016201520142013
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
3.79%3.07%1.99%1.56%2.26%2.85%2.66%2.26%2.11%2.00%1.83%1.83%
VBIRX
Vanguard Short-Term Bond Index Fund Admiral Shares
3.24%2.41%1.44%1.17%1.78%2.23%2.04%1.53%1.48%1.32%1.20%1.21%

Drawdowns

VSCSX vs. VBIRX - Drawdown Comparison

The maximum VSCSX drawdown since its inception was -9.56%, which is greater than VBIRX's maximum drawdown of -8.91%. Use the drawdown chart below to compare losses from any high point for VSCSX and VBIRX. For additional features, visit the drawdowns tool.


-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.04%
-1.46%
VSCSX
VBIRX

Volatility

VSCSX vs. VBIRX - Volatility Comparison

Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX) have volatilities of 0.62% and 0.61%, 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.


0.40%0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
0.62%
0.61%
VSCSX
VBIRX