VTSMX vs. VUSTX
VTSMX (Vanguard Total Stock Market Index Fund Investor Shares) and VUSTX (Vanguard Long-Term Treasury Fund Investor Shares) are both mutual funds - VTSMX is a Large Cap Blend Equities fund managed by Vanguard, while VUSTX is a Government Bonds fund managed by Vanguard. Over the past 10 years, VTSMX returned 14.84%/yr vs -1.05%/yr for VUSTX. At a correlation of -0.14, they often move in opposite directions. VTSMX charges 0.14%/yr vs 0.20%/yr for VUSTX.
Performance
VTSMX vs. VUSTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VTSMX achieves a 11.68% return, which is significantly higher than VUSTX's -0.31% return. Over the past 10 years, VTSMX has outperformed VUSTX with an annualized return of 14.84%, while VUSTX has yielded a comparatively lower -1.05% annualized return.
VTSMX
- 1D
- 0.51%
- 1M
- 3.65%
- YTD
- 11.68%
- 6M
- 11.20%
- 1Y
- 27.88%
- 3Y*
- 22.00%
- 5Y*
- 12.55%
- 10Y*
- 14.84%
VUSTX
- 1D
- 0.13%
- 1M
- 0.14%
- YTD
- -0.31%
- 6M
- -0.44%
- 1Y
- 5.43%
- 3Y*
- -0.52%
- 5Y*
- -5.32%
- 10Y*
- -1.05%
VTSMX vs. VUSTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 11.68% | 16.63% | 22.76% | 26.38% | -19.60% | 25.59% | 20.87% | 30.63% | -5.27% | 21.05% |
VUSTX Vanguard Long-Term Treasury Fund Investor Shares | -0.31% | 5.55% | -6.41% | 3.33% | -29.58% | -4.93% | 18.20% | 14.14% | -1.89% | 8.60% |
Correlation
The correlation between VTSMX and VUSTX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 1992 | -0.14 |
The correlation between VTSMX and VUSTX shifts across timeframes, from -0.14 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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
VTSMX vs. VUSTX — Risk / Return Rank
VTSMX
VUSTX
VTSMX vs. VUSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) and Vanguard Long-Term Treasury Fund Investor Shares (VUSTX). 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.
| VTSMX | VUSTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.08 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 0.57 | +2.65 |
| Martin ratioReturn relative to average drawdown | 14.87 | 1.49 | +13.38 |
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 charts...
Sharpe Ratios by Period
| VTSMX | VUSTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 0.46 | +1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | -0.37 | +1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | -0.08 | +0.89 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.44 | +0.15 |
Drawdowns
VTSMX vs. VUSTX - Drawdown Comparison
The maximum VTSMX drawdown since its inception was -55.38%, which is greater than VUSTX's maximum drawdown of -46.37%. Use the drawdown chart below to compare losses from any high point for VTSMX and VUSTX.
Loading charts...
Drawdown Indicators
| VTSMX | VUSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -46.37% | -9.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -7.19% | -1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -17.70% | -1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -25.43% | -41.45% | +16.02% |
Max Drawdown (10Y)Largest decline over 10 years | -34.98% | -46.37% | +11.39% |
Current DrawdownCurrent decline from peak | -0.25% | -36.62% | +36.37% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -9.35% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.75% | -0.82% |
Volatility
VTSMX vs. VUSTX - Volatility Comparison
Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) has a higher volatility of 3.00% compared to Vanguard Long-Term Treasury Fund Investor Shares (VUSTX) at 2.59%. This indicates that VTSMX's price experiences larger fluctuations and is considered to be riskier than VUSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VTSMX | VUSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 2.59% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 6.06% | +3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.21% | 9.06% | +3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 14.60% | +2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.41% | 13.76% | +4.65% |
VTSMX vs. VUSTX - Expense Ratio Comparison
VTSMX has a 0.14% expense ratio, which is lower than VUSTX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VTSMX vs. VUSTX - Dividend Comparison
VTSMX's dividend yield for the trailing twelve months is around 0.93%, less than VUSTX's 4.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTSMX Vanguard Total Stock Market Index Fund Investor Shares | 0.93% | 0.75% | 0.89% | 1.33% | 1.54% | 1.11% | 1.33% | 1.67% | 1.92% | 1.61% | 1.83% | 1.86% |
VUSTX Vanguard Long-Term Treasury Fund Investor Shares | 4.47% | 4.29% | 4.03% | 3.33% | 2.93% | 4.21% | 10.38% | 2.82% | 2.82% | 2.64% | 5.27% | 5.52% |
Frequently Asked Questions
VTSMX and VUSTX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTSMX has higher volatility (3.00%) compared to VUSTX (2.59%). In terms of maximum drawdown, VTSMX dropped -55.38% vs VUSTX's -46.37%.
VTSMX currently has the higher Sharpe Ratio (2.36 vs 0.46), 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 VTSMX and VUSTX
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