VSGDX vs. VMRXX
Compare and contrast key facts about Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) and Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX).
VSGDX is managed by Vanguard. It was launched on Feb 12, 2001. VMRXX is an actively managed fund by Vanguard. It was launched on Oct 3, 1989.
Performance
VSGDX vs. VMRXX - Performance Comparison
Loading graphics...
VSGDX vs. VMRXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VSGDX Vanguard Short-Term Federal Fund Admiral Shares | 0.15% | 5.94% | 4.26% | 3.92% | -5.22% | -0.64% |
VMRXX Vanguard Cash Reserves Federal Money Market Fund Admiral Shares | 0.59% | 4.25% | 3.45% | 4.65% | 0.00% | 0.01% |
Returns By Period
In the year-to-date period, VSGDX achieves a 0.15% return, which is significantly lower than VMRXX's 0.59% return.
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%
VMRXX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.59%
- 6M
- 1.59%
- 1Y
- 3.76%
- 3Y*
- 3.94%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSGDX vs. VMRXX - Expense Ratio Comparison
Both VSGDX and VMRXX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
VSGDX vs. VMRXX — Risk / Return Rank
VSGDX
VMRXX
VSGDX vs. VMRXX - 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 Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX). 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.
| VSGDX | VMRXX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.83 | 3.51 | -1.68 |
Sortino ratioReturn per unit of downside risk | 3.09 | — | — |
Omega ratioGain probability vs. loss probability | 1.38 | — | — |
Calmar ratioReturn relative to maximum drawdown | 3.30 | — | — |
Martin ratioReturn relative to average drawdown | 12.08 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VSGDX | VMRXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 3.51 | -1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.25 | 2.69 | -1.45 |
Correlation
The correlation between VSGDX and VMRXX is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VSGDX vs. VMRXX - Dividend Comparison
VSGDX's dividend yield for the trailing twelve months is around 3.57%, less than VMRXX's 3.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VMRXX Vanguard Cash Reserves Federal Money Market Fund Admiral Shares | 3.69% | 4.15% | 3.38% | 4.54% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VSGDX vs. VMRXX - Drawdown Comparison
The maximum VSGDX drawdown since its inception was -7.29%, which is greater than VMRXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VSGDX and VMRXX.
Loading graphics...
Drawdown Indicators
| VSGDX | VMRXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.29% | 0.00% | -7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -1.35% | 0.00% | -1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -7.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -7.29% | — | — |
Current DrawdownCurrent decline from peak | -0.87% | 0.00% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -0.73% | 0.00% | -0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.00% | +0.37% |
Volatility
VSGDX vs. VMRXX - Volatility Comparison
Vanguard Short-Term Federal Fund Admiral Shares (VSGDX) has a higher volatility of 0.74% compared to Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX) at 0.00%. This indicates that VSGDX's price experiences larger fluctuations and is considered to be riskier than VMRXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VSGDX | VMRXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.00% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 1.36% | 0.77% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.25% | 1.17% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.64% | 1.01% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.14% | 1.01% | +1.13% |