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VWSTX vs. VWSUX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VWSTX and VWSUX is 0.99, 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.


-0.50.00.51.01.0

Performance

VWSTX vs. VWSUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX) and Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX). The values are adjusted to include any dividend payments, if applicable.

0.00%0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.56%
1.59%
VWSTX
VWSUX

Key characteristics

Sharpe Ratio

VWSTX:

2.51

VWSUX:

2.54

Sortino Ratio

VWSTX:

5.26

VWSUX:

5.40

Omega Ratio

VWSTX:

1.87

VWSUX:

1.89

Calmar Ratio

VWSTX:

5.76

VWSUX:

5.90

Martin Ratio

VWSTX:

18.67

VWSUX:

19.20

Ulcer Index

VWSTX:

0.16%

VWSUX:

0.16%

Daily Std Dev

VWSTX:

1.16%

VWSUX:

1.17%

Max Drawdown

VWSTX:

-3.08%

VWSUX:

-3.08%

Current Drawdown

VWSTX:

-0.38%

VWSUX:

-0.38%

Returns By Period

The year-to-date returns for both investments are quite close, with VWSTX having a 2.58% return and VWSUX slightly higher at 2.65%. Over the past 10 years, VWSTX has underperformed VWSUX with an annualized return of 1.34%, while VWSUX has yielded a comparatively higher 1.43% annualized return.


VWSTX

YTD

2.58%

1M

-0.19%

6M

1.56%

1Y

2.91%

5Y*

1.54%

10Y*

1.34%

VWSUX

YTD

2.65%

1M

-0.19%

6M

1.59%

1Y

2.98%

5Y*

1.62%

10Y*

1.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VWSTX vs. VWSUX - Expense Ratio Comparison

VWSTX has a 0.17% expense ratio, which is higher than VWSUX's 0.09% 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%.


VWSTX
Vanguard Short-Term Tax-Exempt Fund Investor Shares
Expense ratio chart for VWSTX: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%
Expense ratio chart for VWSUX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

VWSTX vs. VWSUX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX) and Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX). 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.


Sharpe ratio
The chart of Sharpe ratio for VWSTX, currently valued at 2.51, compared to the broader market-1.000.001.002.003.004.002.512.54
The chart of Sortino ratio for VWSTX, currently valued at 5.26, compared to the broader market-2.000.002.004.006.008.0010.005.265.40
The chart of Omega ratio for VWSTX, currently valued at 1.87, compared to the broader market0.501.001.502.002.503.003.501.871.89
The chart of Calmar ratio for VWSTX, currently valued at 5.76, compared to the broader market0.002.004.006.008.0010.0012.005.765.90
The chart of Martin ratio for VWSTX, currently valued at 18.67, compared to the broader market0.0020.0040.0060.0018.6719.20
VWSTX
VWSUX

The current VWSTX Sharpe Ratio is 2.51, which is comparable to the VWSUX Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of VWSTX and VWSUX, 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 Ratio2.503.003.504.004.505.00JulyAugustSeptemberOctoberNovemberDecember
2.51
2.54
VWSTX
VWSUX

Dividends

VWSTX vs. VWSUX - Dividend Comparison

VWSTX's dividend yield for the trailing twelve months is around 2.93%, less than VWSUX's 2.99% yield.


TTM20232022202120202019201820172016201520142013
VWSTX
Vanguard Short-Term Tax-Exempt Fund Investor Shares
2.93%2.42%1.16%0.62%1.17%1.59%1.44%1.06%0.87%0.70%0.71%0.85%
VWSUX
Vanguard Short-Term Tax-Exempt Fund Admiral Shares
2.99%2.50%1.23%0.71%1.26%1.67%1.53%1.16%0.97%0.78%0.79%0.93%

Drawdowns

VWSTX vs. VWSUX - Drawdown Comparison

The maximum VWSTX drawdown since its inception was -3.08%, roughly equal to the maximum VWSUX drawdown of -3.08%. Use the drawdown chart below to compare losses from any high point for VWSTX and VWSUX. For additional features, visit the drawdowns tool.


-0.50%-0.40%-0.30%-0.20%-0.10%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.38%
-0.38%
VWSTX
VWSUX

Volatility

VWSTX vs. VWSUX - Volatility Comparison

Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX) and Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) have volatilities of 0.28% and 0.28%, 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.


0.10%0.20%0.30%0.40%0.50%JulyAugustSeptemberOctoberNovemberDecember
0.28%
0.28%
VWSTX
VWSUX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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