WGROX vs. BSV

Last updated Jun 9, 2026

WGROX (Wasatch Core Growth Fund) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both funds - WGROX is a Small Cap Growth Equities fund managed by Wasatch, while BSV is a Short-Term Bond fund tracking the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index. Over the past 10 years, WGROX returned 10.46%/yr vs 1.91%/yr for BSV. At a correlation of -0.12, they often move in opposite directions. WGROX charges 1.17%/yr vs 0.03%/yr for BSV.

Performance

WGROX vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wasatch Core Growth Fund (WGROX) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WGROX achieves a 1.09% return, which is significantly higher than BSV's 0.10% return. Over the past 10 years, WGROX has outperformed BSV with an annualized return of 10.46%, while BSV has yielded a comparatively lower 1.91% annualized return.

WGROX

• 1D: -2.09%
• 1M: -1.43%
• YTD: 1.09%
• 6M: -0.68%
• 1Y: -4.66%
• 3Y*: 7.34%
• 5Y*: 0.46%
• 10Y*: 10.46%

BSV

• 1D: -0.01%
• 1M: -0.38%
• YTD: 0.10%
• 6M: 0.53%
• 1Y: 3.66%
• 3Y*: 4.42%
• 5Y*: 1.57%
• 10Y*: 1.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WGROX vs. BSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WGROX Wasatch Core Growth Fund	1.09%	-10.37%	13.13%	33.43%	-30.86%	20.76%	36.73%	33.31%	-3.75%	24.29%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	0.10%	6.00%	3.78%	4.90%	-5.49%	-1.09%	4.70%	4.98%	1.34%	1.20%

Correlation

The correlation between WGROX and BSV is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Apr 11, 2007	-0.12

The correlation between WGROX and BSV shifts across timeframes, from -0.12 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

WGROX vs. BSV — Risk / Return Rank

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

WGROX

WGROX Risk / Return Rank: 2
WGROX Sharpe Ratio Rank: 2
WGROX Sortino Ratio Rank: 2
WGROX Omega Ratio Rank: 2
WGROX Calmar Ratio Rank: 2
WGROX Martin Ratio Rank: 2

BSV

BSV Risk / Return Rank: 70
BSV Sharpe Ratio Rank: 70
BSV Sortino Ratio Rank: 82
BSV Omega Ratio Rank: 74
BSV Calmar Ratio Rank: 63
BSV Martin Ratio Rank: 61

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.

WGROX vs. BSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wasatch Core Growth Fund (WGROX) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). 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.

	WGROX	BSV	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	2.06	-2.28
Sortino ratio: Return per unit of downside risk	-0.18	3.30	-3.49
Omega ratio: Gain probability vs. loss probability	0.98	1.39	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.26	2.85	-3.11
Martin ratio: Return relative to average drawdown	-0.66	9.83	-10.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WGROX vs. BSV - Sharpe Ratio Comparison

The current WGROX Sharpe Ratio is -0.22, which is lower than the BSV Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of WGROX and BSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WGROX	BSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	2.06	-2.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.58	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.81	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.85	-0.30

Drawdowns

WGROX vs. BSV - Drawdown Comparison

The maximum WGROX drawdown since its inception was -61.61%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for WGROX and BSV.

Drawdown Indicators

	WGROX	BSV	Difference
Max Drawdown Largest peak-to-trough decline	-61.61%	-8.54%	-53.07%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	-1.29%	-14.60%
Max Drawdown (3Y) Largest decline over 3 years	-27.61%	-1.53%	-26.08%
Max Drawdown (5Y) Largest decline over 5 years	-40.16%	-8.54%	-31.62%
Max Drawdown (10Y) Largest decline over 10 years	-40.16%	-8.54%	-31.62%
Current Drawdown Current decline from peak	-17.99%	-0.82%	-17.17%
Average Drawdown Average peak-to-trough decline	-9.90%	-0.97%	-8.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.34%	0.37%	+5.97%

Volatility

WGROX vs. BSV - Volatility Comparison

Wasatch Core Growth Fund (WGROX) has a higher volatility of 5.59% compared to Vanguard Short-Term Bond Index Fund ETF Shares (BSV) at 0.54%. This indicates that WGROX's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WGROX	BSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	0.54%	+5.05%
Volatility (6M) Calculated over the trailing 6-month period	14.21%	1.28%	+12.93%
Volatility (1Y) Calculated over the trailing 1-year period	19.18%	1.79%	+17.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.01%	2.73%	+20.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.33%	2.38%	+20.95%

WGROX vs. BSV - Expense Ratio Comparison

WGROX has a 1.17% expense ratio, which is higher than BSV's 0.03% expense ratio.

Dividends

WGROX vs. BSV - Dividend Comparison

WGROX's dividend yield for the trailing twelve months is around 8.46%, more than BSV's 4.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSV Vanguard Short-Term Bond Index Fund ETF Shares	4.00%	3.83%	3.38%	2.46%	1.50%	1.45%	1.79%	2.29%	1.99%	1.65%	1.48%	1.40%
WGROX Wasatch Core Growth Fund	8.46%	8.55%	9.22%	0.00%	0.71%	16.82%	7.21%	10.73%	10.14%	6.24%	0.15%	12.70%

Frequently Asked Questions

Can I hold both WGROX and BSV in my portfolio?

WGROX and BSV have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WGROX or BSV?

WGROX has higher volatility (5.59%) compared to BSV (0.54%). In terms of maximum drawdown, WGROX dropped -61.61% vs BSV's -8.54%.

Which has better risk-adjusted returns?

BSV currently has the higher Sharpe Ratio (2.06 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.