VSGDX vs. AHITX
VSGDX (Vanguard Short-Term Federal Fund Admiral Shares) and AHITX (American Funds American High-Income Trust) are both mutual funds - VSGDX is a Total Bond Market fund managed by Vanguard, while AHITX is a High Yield Bonds fund managed by American Funds. Over the past 10 years, VSGDX returned 1.85%/yr vs 5.90%/yr for AHITX. At a 0.13 correlation, their price movements are largely independent. VSGDX charges 0.10%/yr vs 0.69%/yr for AHITX.
Performance
VSGDX vs. AHITX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VSGDX achieves a 0.25% return, which is significantly lower than AHITX's 1.67% return. Over the past 10 years, VSGDX has underperformed AHITX with an annualized return of 1.85%, while AHITX has yielded a comparatively higher 5.90% annualized return.
VSGDX
- 1D
- -0.10%
- 1M
- 0.13%
- YTD
- 0.25%
- 6M
- 0.67%
- 1Y
- 3.30%
- 3Y*
- 4.53%
- 5Y*
- 1.65%
- 10Y*
- 1.85%
AHITX
- 1D
- -0.20%
- 1M
- 0.51%
- YTD
- 1.67%
- 6M
- 2.32%
- 1Y
- 7.14%
- 3Y*
- 9.24%
- 5Y*
- 4.26%
- 10Y*
- 5.90%
VSGDX vs. AHITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSGDX Vanguard Short-Term Federal Fund Admiral Shares | 0.25% | 5.94% | 4.26% | 3.92% | -5.22% | -0.58% | 4.46% | 4.21% | 1.37% | 0.80% |
AHITX American Funds American High-Income Trust | 1.67% | 8.28% | 9.45% | 11.43% | -10.38% | 8.32% | 7.01% | 11.86% | -1.80% | 7.30% |
Correlation
The correlation between VSGDX and AHITX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2001 | 0.13 |
Over the past year, VSGDX and AHITX have become more correlated (0.50) than their long-term average of 0.13, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VSGDX vs. AHITX — Risk / Return Rank
VSGDX
AHITX
VSGDX vs. AHITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) and American Funds American High-Income Trust (AHITX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VSGDX | AHITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 3.02 | -0.41 |
| Martin ratioReturn relative to average drawdown | 8.88 | 13.36 | -4.47 |
Loading charts...
Drawdowns
VSGDX vs. AHITX - Drawdown Comparison
The maximum VSGDX drawdown since its inception was -7.29%, smaller than the maximum AHITX drawdown of -34.81%. Use the drawdown chart below to compare losses from any high point for VSGDX and AHITX.
Loading charts...
Drawdown Indicators
| VSGDX | AHITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.29% | -34.81% | +27.52% |
Max Drawdown (1Y)Largest decline over 1 year | -1.35% | -2.41% | +1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -1.35% | -3.96% | +2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -7.29% | -13.93% | +6.64% |
Max Drawdown (10Y)Largest decline over 10 years | -7.29% | -21.22% | +13.93% |
Current DrawdownCurrent decline from peak | -0.77% | -0.51% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -0.73% | -2.66% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 0.54% | -0.14% |
Volatility
VSGDX vs. AHITX - Volatility Comparison
The current volatility for Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) is 0.82%, while American Funds American High-Income Trust (AHITX) has a volatility of 1.00%. This indicates that VSGDX experiences smaller price fluctuations and is considered to be less risky than AHITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VSGDX | AHITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | 1.00% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 2.67% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.19% | 3.46% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.70% | 4.99% | -2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.17% | 5.48% | -3.31% |
VSGDX vs. AHITX - Expense Ratio Comparison
VSGDX has a 0.10% expense ratio, which is lower than AHITX's 0.69% expense ratio.
Dividends
VSGDX vs. AHITX - Dividend Comparison
VSGDX's dividend yield for the trailing twelve months is around 3.97%, less than AHITX's 6.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHITX American Funds American High-Income Trust | 6.30% | 6.26% | 6.25% | 5.87% | 4.17% | 4.27% | 5.81% | 6.19% | 6.31% | 5.99% | 5.05% | 6.92% |
VSGDX Vanguard Short-Term Federal Fund Admiral Shares | 3.97% | 3.79% | 3.56% | 3.42% | 1.78% | 1.45% | 1.78% | 2.42% | 2.02% | 1.46% | 1.43% | 1.30% |
Frequently Asked Questions
VSGDX and AHITX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AHITX has higher volatility (1.00%) compared to VSGDX (0.82%). In terms of maximum drawdown, VSGDX dropped -7.29% vs AHITX's -34.81%.
AHITX currently has the higher Sharpe Ratio (2.11 vs 1.61), 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.
Find the right allocation for VSGDX and AHITX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer