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VUSB vs. VGSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VUSBVGSH
YTD Return4.89%3.33%
1Y Return6.54%5.40%
3Y Return (Ann)3.27%1.14%
Sharpe Ratio7.122.84
Sortino Ratio14.064.61
Omega Ratio3.181.61
Calmar Ratio32.532.21
Martin Ratio150.6515.68
Ulcer Index0.04%0.34%
Daily Std Dev0.93%1.91%
Max Drawdown-1.81%-5.70%
Current Drawdown-0.02%-0.87%

Correlation

-0.50.00.51.00.7

The correlation between VUSB and VGSH is 0.73, 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.

Performance

VUSB vs. VGSH - Performance Comparison

In the year-to-date period, VUSB achieves a 4.89% return, which is significantly higher than VGSH's 3.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
3.16%
2.90%
VUSB
VGSH

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VUSB vs. VGSH - Expense Ratio Comparison

VUSB has a 0.10% expense ratio, which is higher than VGSH's 0.04% 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%.


VUSB
Vanguard Ultra-Short Bond ETF
Expense ratio chart for VUSB: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VGSH: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

VUSB vs. VGSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Ultra-Short Bond ETF (VUSB) 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.


VUSB
Sharpe ratio
The chart of Sharpe ratio for VUSB, currently valued at 7.12, compared to the broader market-2.000.002.004.006.007.12
Sortino ratio
The chart of Sortino ratio for VUSB, currently valued at 14.06, compared to the broader market0.005.0010.0014.06
Omega ratio
The chart of Omega ratio for VUSB, currently valued at 3.18, compared to the broader market1.001.502.002.503.003.18
Calmar ratio
The chart of Calmar ratio for VUSB, currently valued at 32.53, compared to the broader market0.005.0010.0015.0032.53
Martin ratio
The chart of Martin ratio for VUSB, currently valued at 150.65, compared to the broader market0.0020.0040.0060.0080.00100.00120.00150.65
VGSH
Sharpe ratio
The chart of Sharpe ratio for VGSH, currently valued at 2.84, compared to the broader market-2.000.002.004.006.002.84
Sortino ratio
The chart of Sortino ratio for VGSH, currently valued at 4.61, compared to the broader market0.005.0010.004.61
Omega ratio
The chart of Omega ratio for VGSH, currently valued at 1.61, compared to the broader market1.001.502.002.503.001.61
Calmar ratio
The chart of Calmar ratio for VGSH, currently valued at 2.21, compared to the broader market0.005.0010.0015.002.21
Martin ratio
The chart of Martin ratio for VGSH, currently valued at 15.68, compared to the broader market0.0020.0040.0060.0080.00100.00120.0015.68

VUSB vs. VGSH - Sharpe Ratio Comparison

The current VUSB Sharpe Ratio is 7.12, which is higher than the VGSH Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of VUSB and VGSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.00JuneJulyAugustSeptemberOctoberNovember
7.12
2.84
VUSB
VGSH

Dividends

VUSB vs. VGSH - Dividend Comparison

VUSB's dividend yield for the trailing twelve months is around 5.16%, more than VGSH's 4.15% yield.


TTM20232022202120202019201820172016201520142013
VUSB
Vanguard Ultra-Short Bond ETF
5.16%4.45%1.53%0.25%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGSH
Vanguard Short-Term Treasury ETF
4.15%3.32%1.15%0.66%1.75%2.28%1.79%1.10%0.84%0.71%0.46%0.34%

Drawdowns

VUSB vs. VGSH - Drawdown Comparison

The maximum VUSB drawdown since its inception was -1.81%, smaller than the maximum VGSH drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VUSB and VGSH. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.02%
-0.87%
VUSB
VGSH

Volatility

VUSB vs. VGSH - Volatility Comparison

The current volatility for Vanguard Ultra-Short Bond ETF (VUSB) is 0.16%, while Vanguard Short-Term Treasury ETF (VGSH) has a volatility of 0.37%. This indicates that VUSB experiences smaller price fluctuations and is considered to be less risky than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.30%0.40%0.50%0.60%0.70%0.80%JuneJulyAugustSeptemberOctoberNovember
0.16%
0.37%
VUSB
VGSH