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VSGDX vs. VBIRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VSGDX vs. VBIRX - Performance Comparison

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

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VSGDX vs. VBIRX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VSGDX
Vanguard Short-Term Federal Fund Admiral Shares
0.15%5.94%4.26%3.92%-5.22%-0.58%4.46%4.21%1.37%0.80%
VBIRX
Vanguard Short-Term Bond Index Fund Admiral Shares
-0.23%6.09%3.75%4.87%-5.63%-1.20%4.69%4.86%1.37%1.18%

Returns By Period

In the year-to-date period, VSGDX achieves a 0.15% return, which is significantly higher than VBIRX's -0.23% return. Both investments have delivered pretty close results over the past 10 years, with VSGDX having a 1.89% annualized return and VBIRX not far ahead at 1.90%.


VSGDX

1D
0.10%
1M
-0.68%
YTD
0.15%
6M
1.23%
1Y
4.04%
3Y*
4.31%
5Y*
1.67%
10Y*
1.89%

VBIRX

1D
0.10%
1M
-0.87%
YTD
-0.23%
6M
0.77%
1Y
3.65%
3Y*
4.15%
5Y*
1.60%
10Y*
1.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VSGDX vs. VBIRX - Expense Ratio Comparison

VSGDX has a 0.10% expense ratio, which is higher than VBIRX's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

VSGDX vs. VBIRX — Risk / Return Rank

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

VSGDX
VSGDX Risk / Return Rank: 9292
Overall Rank
VSGDX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
VSGDX Sortino Ratio Rank: 9494
Sortino Ratio Rank
VSGDX Omega Ratio Rank: 8787
Omega Ratio Rank
VSGDX Calmar Ratio Rank: 9595
Calmar Ratio Rank
VSGDX Martin Ratio Rank: 9393
Martin Ratio Rank

VBIRX
VBIRX Risk / Return Rank: 8686
Overall Rank
VBIRX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
VBIRX Sortino Ratio Rank: 9090
Sortino Ratio Rank
VBIRX Omega Ratio Rank: 7979
Omega Ratio Rank
VBIRX Calmar Ratio Rank: 9191
Calmar Ratio Rank
VBIRX Martin Ratio Rank: 8989
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.

VSGDX vs. VBIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) 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.


VSGDXVBIRXDifference

Sharpe ratio

Return per unit of total volatility

1.83

1.58

+0.25

Sortino ratio

Return per unit of downside risk

3.09

2.58

+0.52

Omega ratio

Gain probability vs. loss probability

1.38

1.31

+0.06

Calmar ratio

Return relative to maximum drawdown

3.30

2.71

+0.59

Martin ratio

Return relative to average drawdown

12.08

9.87

+2.21

VSGDX vs. VBIRX - Sharpe Ratio Comparison

The current VSGDX Sharpe Ratio is 1.83, which is comparable to the VBIRX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of VSGDX 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.


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Sharpe Ratios by Period


VSGDXVBIRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.83

1.58

+0.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.55

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.80

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

1.25

0.97

+0.27

Correlation

The correlation between VSGDX and VBIRX is 0.85, 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.


Dividends

VSGDX vs. VBIRX - Dividend Comparison

VSGDX's dividend yield for the trailing twelve months is around 3.57%, which matches VBIRX's 3.60% yield.


TTM20252024202320222021202020192018201720162015
VSGDX
Vanguard Short-Term Federal Fund Admiral Shares
3.57%3.79%3.56%3.42%1.78%1.45%1.78%2.42%2.02%1.46%1.43%1.30%
VBIRX
Vanguard Short-Term Bond Index Fund Admiral Shares
3.60%3.83%3.37%2.41%1.46%1.22%1.77%2.24%2.03%1.66%1.50%1.41%

Drawdowns

VSGDX vs. VBIRX - Drawdown Comparison

The maximum VSGDX drawdown since its inception was -7.29%, smaller than the maximum VBIRX drawdown of -8.69%. Use the drawdown chart below to compare losses from any high point for VSGDX and VBIRX.


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Drawdown Indicators


VSGDXVBIRXDifference

Max Drawdown

Largest peak-to-trough decline

-7.29%

-8.69%

+1.40%

Max Drawdown (1Y)

Largest decline over 1 year

-1.35%

-1.54%

+0.19%

Max Drawdown (5Y)

Largest decline over 5 years

-7.29%

-8.64%

+1.35%

Max Drawdown (10Y)

Largest decline over 10 years

-7.29%

-8.69%

+1.40%

Current Drawdown

Current decline from peak

-0.87%

-1.16%

+0.29%

Average Drawdown

Average peak-to-trough decline

-0.73%

-0.99%

+0.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.37%

0.42%

-0.05%

Volatility

VSGDX vs. VBIRX - Volatility Comparison

Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX) have volatilities of 0.74% and 0.71%, 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.


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Volatility by Period


VSGDXVBIRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.74%

0.71%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

1.36%

1.50%

-0.14%

Volatility (1Y)

Calculated over the trailing 1-year period

2.25%

2.42%

-0.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.64%

2.93%

-0.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.14%

2.39%

-0.25%