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

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.


-0.50.00.51.01.0

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.

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

Key characteristics

Sharpe Ratio

VWSUX:

2.54

VWSTX:

2.51

Sortino Ratio

VWSUX:

5.40

VWSTX:

5.26

Omega Ratio

VWSUX:

1.89

VWSTX:

1.87

Calmar Ratio

VWSUX:

5.90

VWSTX:

5.76

Martin Ratio

VWSUX:

19.20

VWSTX:

18.67

Ulcer Index

VWSUX:

0.16%

VWSTX:

0.16%

Daily Std Dev

VWSUX:

1.17%

VWSTX:

1.16%

Max Drawdown

VWSUX:

-3.08%

VWSTX:

-3.08%

Current Drawdown

VWSUX:

-0.38%

VWSTX:

-0.38%

Returns By Period

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


VWSUX

YTD

2.65%

1M

-0.19%

6M

1.59%

1Y

2.98%

5Y*

1.62%

10Y*

1.43%

VWSTX

YTD

2.58%

1M

-0.19%

6M

1.56%

1Y

2.91%

5Y*

1.54%

10Y*

1.34%

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. 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%.


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

VWSUX vs. VWSTX - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for VWSUX, currently valued at 2.54, compared to the broader market-1.000.001.002.003.004.002.542.51
The chart of Sortino ratio for VWSUX, currently valued at 5.40, compared to the broader market-2.000.002.004.006.008.0010.005.405.26
The chart of Omega ratio for VWSUX, currently valued at 1.89, compared to the broader market0.501.001.502.002.503.003.501.891.87
The chart of Calmar ratio for VWSUX, currently valued at 5.90, compared to the broader market0.002.004.006.008.0010.0012.0014.005.905.76
The chart of Martin ratio for VWSUX, currently valued at 19.20, compared to the broader market0.0020.0040.0060.0019.2018.67
VWSUX
VWSTX

The current VWSUX Sharpe Ratio is 2.54, which is comparable to the VWSTX Sharpe Ratio of 2.51. 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.


Rolling 12-month Sharpe Ratio2.503.003.504.004.505.00JulyAugustSeptemberOctoberNovemberDecember
2.54
2.51
VWSUX
VWSTX

Dividends

VWSUX vs. VWSTX - Dividend Comparison

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


TTM20232022202120202019201820172016201520142013
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%
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%

Drawdowns

VWSUX vs. VWSTX - Drawdown Comparison

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


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

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.


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