VSH vs. VGSH

Last updated Jun 3, 2026

VSH (Vishay Intertechnology, Inc.) is a stock, while VGSH (Vanguard Short-Term Treasury ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index. Over the past 10 years, VSH returned 19.10%/yr vs 1.74%/yr for VGSH. At a correlation of -0.12, they often move in opposite directions.

Performance

VSH vs. VGSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vishay Intertechnology, Inc. (VSH) and Vanguard Short-Term Treasury ETF (VGSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSH achieves a 333.74% return, which is significantly higher than VGSH's 0.52% return. Over the past 10 years, VSH has outperformed VGSH with an annualized return of 19.10%, while VGSH has yielded a comparatively lower 1.74% annualized return.

VSH

• 1D: 11.61%
• 1M: 111.26%
• YTD: 333.74%
• 6M: 350.53%
• 1Y: 360.08%
• 3Y*: 35.83%
• 5Y*: 23.98%
• 10Y*: 19.10%

VGSH

• 1D: 0.00%
• 1M: 0.01%
• YTD: 0.52%
• 6M: 0.86%
• 1Y: 3.45%
• 3Y*: 4.16%
• 5Y*: 1.83%
• 10Y*: 1.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VSH vs. VGSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VSH Vishay Intertechnology, Inc.	333.74%	-12.19%	-27.94%	12.96%	0.67%	7.46%	-0.52%	20.66%	-11.89%	29.92%
VGSH Vanguard Short-Term Treasury ETF	0.52%	5.07%	4.00%	4.31%	-3.86%	-0.60%	3.04%	3.52%	1.55%	0.04%

Correlation

The correlation between VSH and VGSH is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Nov 24, 2009	-0.12

The correlation between VSH and VGSH shifts across timeframes, from -0.12 (all time) to 0.05 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

VSH vs. VGSH — Risk / Return Rank

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

VSH

VSH Risk / Return Rank: 98
VSH Sharpe Ratio Rank: 99
VSH Sortino Ratio Rank: 98
VSH Omega Ratio Rank: 97
VSH Calmar Ratio Rank: 97
VSH Martin Ratio Rank: 98

VGSH

VGSH Risk / Return Rank: 83
VGSH Sharpe Ratio Rank: 82
VGSH Sortino Ratio Rank: 92
VGSH Omega Ratio Rank: 89
VGSH Calmar Ratio Rank: 75
VGSH Martin Ratio Rank: 78

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.

VSH vs. VGSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vishay Intertechnology, Inc. (VSH) and Vanguard Short-Term Treasury ETF (VGSH). 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.

	VSH	VGSH	Difference
Sharpe ratio Return per unit of total volatility	6.61	2.69	+3.92
Sortino ratio Return per unit of downside risk	5.53	4.45	+1.08
Omega ratio Gain probability vs. loss probability	1.71	1.57	+0.13
Calmar ratio Return relative to maximum drawdown	10.64	3.81	+6.82
Martin ratio Return relative to average drawdown	30.28	15.25	+15.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VSH vs. VGSH - Sharpe Ratio Comparison

The current VSH Sharpe Ratio is 6.61, which is higher than the VGSH Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of VSH and VGSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VSH	VGSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.61	2.69	+3.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.93	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	1.11	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	1.02	-0.81

Drawdowns

VSH vs. VGSH - Drawdown Comparison

The maximum VSH drawdown since its inception was -96.39%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VSH and VGSH.

Drawdown Indicators

	VSH	VGSH	Difference
Max Drawdown Largest peak-to-trough decline	-96.39%	-5.70%	-90.69%
Max Drawdown (1Y) Largest decline over 1 year	-33.46%	-0.88%	-32.58%
Max Drawdown (3Y) Largest decline over 3 years	-63.55%	-0.97%	-62.58%
Max Drawdown (5Y) Largest decline over 5 years	-63.55%	-5.66%	-57.89%
Max Drawdown (10Y) Largest decline over 10 years	-63.55%	-5.70%	-57.85%
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	-53.49%	-0.60%	-52.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.75%	0.22%	+11.53%

Volatility

VSH vs. VGSH - Volatility Comparison

Vishay Intertechnology, Inc. (VSH) has a higher volatility of 23.19% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.36%. This indicates that VSH's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VSH	VGSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.19%	0.36%	+22.83%
Volatility (6M) Calculated over the trailing 6-month period	40.76%	0.88%	+39.88%
Volatility (1Y) Calculated over the trailing 1-year period	54.92%	1.29%	+53.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.99%	1.97%	+40.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.94%	1.57%	+38.37%

Dividends

VSH vs. VGSH - Dividend Comparison

VSH's dividend yield for the trailing twelve months is around 0.64%, less than VGSH's 3.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VGSH Vanguard Short-Term Treasury ETF	3.87%	4.00%	4.18%	3.31%	1.15%	0.66%	1.74%	2.28%	1.79%	1.10%	0.84%	0.69%
VSH Vishay Intertechnology, Inc.	0.64%	2.76%	2.36%	1.67%	1.85%	1.76%	1.83%	1.74%	1.79%	1.23%	1.54%	1.99%

Frequently Asked Questions

Can I hold both VSH and VGSH in my portfolio?

VSH and VGSH have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VSH or VGSH?

VSH has higher volatility (23.19%) compared to VGSH (0.36%). In terms of maximum drawdown, VSH dropped -96.39% vs VGSH's -5.70%.

Which has better risk-adjusted returns?

VSH currently has the higher Sharpe Ratio (6.61 vs 2.69), 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.