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VSCSX vs. ZEC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

VSCSX vs. ZEC-USD - 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 ZCash (ZEC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VSCSX achieves a 0.61% return, which is significantly higher than ZEC-USD's -15.70% return.


VSCSX

1D
-0.09%
1M
0.14%
YTD
0.61%
6M
0.99%
1Y
4.29%
3Y*
5.63%
5Y*
2.37%
10Y*
2.72%

ZEC-USD

1D
-31.61%
1M
-16.75%
YTD
-15.70%
6M
17.06%
1Y
754.73%
3Y*
144.69%
5Y*
22.97%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

VSCSX vs. ZEC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admiral Shares
0.61%6.75%5.36%6.11%-5.72%-0.43%5.06%6.85%0.88%2.46%
ZEC-USD
ZCash
-15.70%808.40%108.73%-27.69%-74.58%128.45%132.06%-51.14%-88.81%951.75%

Correlation

The correlation between VSCSX and ZEC-USD is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Jan 1, 2017

0.03

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Return for Risk

VSCSX vs. ZEC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VSCSX
VSCSX Risk / Return Rank: 7777
Overall Rank
VSCSX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
VSCSX Sortino Ratio Rank: 8383
Sortino Ratio Rank
VSCSX Omega Ratio Rank: 7979
Omega Ratio Rank
VSCSX Calmar Ratio Rank: 7373
Calmar Ratio Rank
VSCSX Martin Ratio Rank: 6969
Martin Ratio Rank

ZEC-USD
ZEC-USD Risk / Return Rank: 9898
Overall Rank
ZEC-USD Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
ZEC-USD Sortino Ratio Rank: 9797
Sortino Ratio Rank
ZEC-USD Omega Ratio Rank: 9797
Omega Ratio Rank
ZEC-USD Calmar Ratio Rank: 9999
Calmar Ratio Rank
ZEC-USD Martin Ratio Rank: 9999
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.

VSCSX vs. ZEC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) and ZCash (ZEC-USD). 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.


VSCSXZEC-USDDifference
Sharpe ratioReturn per unit of total volatility

-2.22

Sortino ratioReturn per unit of downside risk

+0.09

Omega ratioGain probability vs. loss probability

1.53

1.39

+0.13

Calmar ratioReturn relative to maximum drawdown

3.33

10.52

-7.18

Martin ratioReturn relative to average drawdown

13.29

19.82

-6.54

VSCSX vs. ZEC-USD - Sharpe Ratio Comparison

The current VSCSX Sharpe Ratio is 2.60, which is lower than the ZEC-USD Sharpe Ratio of 4.82. The chart below compares the historical Sharpe Ratios of VSCSX and ZEC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


VSCSXZEC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.60

4.82

-2.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

0.21

+0.67

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.15

Sharpe Ratio (All Time)

Calculated using the full available price history

1.36

0.22

+1.14

Drawdowns

VSCSX vs. ZEC-USD - Drawdown Comparison

The maximum VSCSX drawdown since its inception was -9.36%, smaller than the maximum ZEC-USD drawdown of -97.92%. Use the drawdown chart below to compare losses from any high point for VSCSX and ZEC-USD.


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Drawdown Indicators


VSCSXZEC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-9.36%

-97.92%

+88.56%

Max Drawdown (1Y)

Largest decline over 1 year

-1.36%

-71.77%

+70.41%

Max Drawdown (3Y)

Largest decline over 3 years

-1.36%

-71.77%

+70.41%

Max Drawdown (5Y)

Largest decline over 5 years

-9.36%

-93.77%

+84.41%

Max Drawdown (10Y)

Largest decline over 10 years

-9.36%

Current Drawdown

Current decline from peak

-0.36%

-51.15%

+50.79%

Average Drawdown

Average peak-to-trough decline

-0.98%

-81.02%

+80.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

43.89%

-43.55%

Volatility

VSCSX vs. ZEC-USD - Volatility Comparison

The current volatility for Vanguard Short-Term Corporate Bond Index Fund Admiral Shares (VSCSX) is 0.56%, while ZCash (ZEC-USD) has a volatility of 53.81%. This indicates that VSCSX experiences smaller price fluctuations and is considered to be less risky than ZEC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VSCSXZEC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.56%

53.81%

-53.25%

Volatility (6M)

Calculated over the trailing 6-month period

1.27%

98.72%

-97.45%

Volatility (1Y)

Calculated over the trailing 1-year period

1.75%

130.36%

-128.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.71%

91.37%

-88.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.37%

97.89%

-95.52%

Frequently Asked Questions


VSCSX and ZEC-USD have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ZEC-USD has higher volatility (53.81%) compared to VSCSX (0.56%). In terms of maximum drawdown, VSCSX dropped -9.36% vs ZEC-USD's -97.92%.

ZEC-USD currently has the higher Sharpe Ratio (4.82 vs 2.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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