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VWSUX vs. VWSTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

VWSUX vs. VWSTX - Performance Comparison

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

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VWSUX vs. VWSTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
VWSTX
Vanguard Short-Term Tax-Exempt Fund Investor Shares
0.29%4.79%3.68%3.87%-0.81%0.17%1.82%2.50%1.59%1.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with VWSUX having a 0.30% return and VWSTX slightly lower at 0.29%. Both investments have delivered pretty close results over the past 10 years, with VWSUX having a 1.94% annualized return and VWSTX not far behind at 1.88%.


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%

VWSTX

1D
0.06%
1M
-0.50%
YTD
0.29%
6M
0.95%
1Y
3.49%
3Y*
3.85%
5Y*
2.36%
10Y*
1.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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VWSUX vs. VWSTX - Expense Ratio Comparison

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


Return for Risk

VWSUX vs. VWSTX — Risk / Return Rank

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

VWSUX
VWSUX Risk / Return Rank: 9898
Overall Rank
VWSUX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
VWSUX Sortino Ratio Rank: 9898
Sortino Ratio Rank
VWSUX Omega Ratio Rank: 9898
Omega Ratio Rank
VWSUX Calmar Ratio Rank: 9797
Calmar Ratio Rank
VWSUX Martin Ratio Rank: 9898
Martin Ratio Rank

VWSTX
VWSTX Risk / Return Rank: 9898
Overall Rank
VWSTX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
VWSTX Sortino Ratio Rank: 9898
Sortino Ratio Rank
VWSTX Omega Ratio Rank: 9898
Omega Ratio Rank
VWSTX Calmar Ratio Rank: 9797
Calmar Ratio Rank
VWSTX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

VWSUX vs. VWSTX - 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 Tax-Exempt Fund Investor Shares (VWSTX). 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.


VWSUXVWSTXDifference

Sharpe ratio

Return per unit of total volatility

2.59

2.57

+0.03

Sortino ratio

Return per unit of downside risk

4.85

4.74

+0.11

Omega ratio

Gain probability vs. loss probability

2.16

2.13

+0.03

Calmar ratio

Return relative to maximum drawdown

4.22

4.12

+0.10

Martin ratio

Return relative to average drawdown

18.88

18.45

+0.43

VWSUX vs. VWSTX - Sharpe Ratio Comparison

The current VWSUX Sharpe Ratio is 2.59, which is comparable to the VWSTX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of VWSUX and VWSTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


VWSUXVWSTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.59

2.57

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

2.01

2.00

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.75

1.72

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

2.04

2.03

+0.01

Correlation

The correlation between VWSUX and VWSTX 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.


Dividends

VWSUX vs. VWSTX - Dividend Comparison

VWSUX's dividend yield for the trailing twelve months is around 3.19%, more than VWSTX's 3.11% yield.


TTM20252024202320222021202020192018201720162015
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%
VWSTX
Vanguard Short-Term Tax-Exempt Fund Investor Shares
3.11%3.90%3.73%2.42%1.16%0.61%1.17%1.71%1.45%1.06%0.87%0.70%

Drawdowns

VWSUX vs. VWSTX - Drawdown Comparison

The maximum VWSUX drawdown since its inception was -3.08%, roughly equal to the maximum VWSTX drawdown of -3.09%. Use the drawdown chart below to compare losses from any high point for VWSUX and VWSTX.


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Drawdown Indicators


VWSUXVWSTXDifference

Max Drawdown

Largest peak-to-trough decline

-3.08%

-3.09%

+0.01%

Max Drawdown (1Y)

Largest decline over 1 year

-1.01%

-1.01%

0.00%

Max Drawdown (5Y)

Largest decline over 5 years

-2.23%

-2.32%

+0.09%

Max Drawdown (10Y)

Largest decline over 10 years

-3.08%

-3.08%

0.00%

Current Drawdown

Current decline from peak

-0.63%

-0.63%

0.00%

Average Drawdown

Average peak-to-trough decline

-0.15%

-0.32%

+0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.23%

0.23%

0.00%

Volatility

VWSUX vs. VWSTX - Volatility Comparison

Vanguard Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) and Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX) 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.


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Volatility by Period


VWSUXVWSTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.28%

0.28%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

0.76%

0.75%

+0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

1.53%

1.51%

+0.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.20%

1.19%

+0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.11%

1.10%

+0.01%