VWSUX vs. VGSH
Compare and contrast key facts about Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) and Vanguard Short-Term Treasury ETF (VGSH).
VWSUX is managed by Vanguard. It was launched on Feb 12, 2001. VGSH is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Treasury 1-3 Year Index. It was launched on Nov 19, 2009.
Performance
VWSUX vs. VGSH - Performance Comparison
Loading graphics...
VWSUX vs. VGSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VWSUX Vanguard Short-Term Tax-Exempt Fund Admiral Shares | 0.30% | 4.90% | 3.77% | 3.70% | -0.73% | 0.19% | 1.91% | 2.59% | 1.67% | 1.10% |
VGSH Vanguard Short-Term Treasury ETF | 0.25% | 5.07% | 4.00% | 4.31% | -3.86% | -0.60% | 3.04% | 3.52% | 1.55% | 0.04% |
Returns By Period
In the year-to-date period, VWSUX achieves a 0.30% return, which is significantly higher than VGSH's 0.25% return. Over the past 10 years, VWSUX has outperformed VGSH with an annualized return of 1.94%, while VGSH has yielded a comparatively lower 1.74% annualized return.
VWSUX
- 1D
- 0.06%
- 1M
- -0.50%
- YTD
- 0.30%
- 6M
- 0.98%
- 1Y
- 3.57%
- 3Y*
- 3.86%
- 5Y*
- 2.40%
- 10Y*
- 1.94%
VGSH
- 1D
- -0.02%
- 1M
- -0.33%
- YTD
- 0.25%
- 6M
- 1.24%
- 1Y
- 3.68%
- 3Y*
- 3.97%
- 5Y*
- 1.79%
- 10Y*
- 1.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VWSUX vs. VGSH - Expense Ratio Comparison
VWSUX has a 0.09% expense ratio, which is higher than VGSH's 0.03% 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%.
Return for Risk
VWSUX vs. VGSH — Risk / Return Rank
VWSUX
VGSH
VWSUX vs. VGSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) 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.
| VWSUX | VGSH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.59 | 2.57 | +0.02 |
Sortino ratioReturn per unit of downside risk | 4.85 | 4.13 | +0.71 |
Omega ratioGain probability vs. loss probability | 2.16 | 1.55 | +0.60 |
Calmar ratioReturn relative to maximum drawdown | 4.22 | 4.21 | +0.01 |
Martin ratioReturn relative to average drawdown | 18.88 | 15.93 | +2.95 |
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
| VWSUX | VGSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.59 | 2.57 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.01 | 0.92 | +1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.75 | 1.11 | +0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.04 | 1.01 | +1.02 |
Correlation
The correlation between VWSUX and VGSH is 0.22, 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
VWSUX vs. VGSH - Dividend Comparison
VWSUX's dividend yield for the trailing twelve months is around 3.19%, less than VGSH's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VWSUX Vanguard Short-Term Tax-Exempt Fund Admiral Shares | 3.19% | 4.00% | 3.82% | 2.27% | 1.24% | 0.63% | 1.26% | 1.79% | 1.53% | 1.16% | 0.97% | 0.78% |
VGSH Vanguard Short-Term Treasury ETF | 3.93% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
Drawdowns
VWSUX vs. VGSH - Drawdown Comparison
The maximum VWSUX drawdown since its inception was -3.08%, smaller than the maximum VGSH drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for VWSUX and VGSH.
Loading graphics...
Drawdown Indicators
| VWSUX | VGSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.08% | -5.70% | +2.62% |
Max Drawdown (1Y)Largest decline over 1 year | -1.01% | -0.88% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -2.23% | -5.70% | +3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -3.08% | -5.70% | +2.62% |
Current DrawdownCurrent decline from peak | -0.63% | -0.52% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -0.15% | -0.60% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.23% | 0.00% |
Volatility
VWSUX vs. VGSH - Volatility Comparison
The current volatility for Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) is 0.28%, while Vanguard Short-Term Treasury ETF (VGSH) has a volatility of 0.52%. This indicates that VWSUX 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.
Loading graphics...
Volatility by Period
| VWSUX | VGSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 0.52% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 0.76% | 0.84% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.53% | 1.44% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.20% | 1.96% | -0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.11% | 1.57% | -0.46% |