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YEAR vs. VCSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YEAR and VCSH is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

YEAR vs. VCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Ultra Short Income ETF (YEAR) and Vanguard Short-Term Corporate Bond ETF (VCSH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

YEAR:

0.97%

VCSH:

2.42%

Max Drawdown

YEAR:

-0.12%

VCSH:

-12.86%

Current Drawdown

YEAR:

-0.10%

VCSH:

-0.36%

Returns By Period


YEAR

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VCSH

YTD

2.20%

1M

1.22%

6M

2.45%

1Y

6.57%

5Y*

2.17%

10Y*

2.43%

*Annualized

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YEAR vs. VCSH - Expense Ratio Comparison

YEAR has a 0.25% expense ratio, which is higher than VCSH's 0.04% 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%.


Risk-Adjusted Performance

YEAR vs. VCSH — Risk-Adjusted Performance Rank

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

YEAR
The Risk-Adjusted Performance Rank of YEAR is 9999
Overall Rank
The Sharpe Ratio Rank of YEAR is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of YEAR is 9999
Sortino Ratio Rank
The Omega Ratio Rank of YEAR is 9999
Omega Ratio Rank
The Calmar Ratio Rank of YEAR is 9999
Calmar Ratio Rank
The Martin Ratio Rank of YEAR is 9999
Martin Ratio Rank

VCSH
The Risk-Adjusted Performance Rank of VCSH is 9797
Overall Rank
The Sharpe Ratio Rank of VCSH is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of VCSH is 9898
Sortino Ratio Rank
The Omega Ratio Rank of VCSH is 9898
Omega Ratio Rank
The Calmar Ratio Rank of VCSH is 9898
Calmar Ratio Rank
The Martin Ratio Rank of VCSH is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

YEAR vs. VCSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Ultra Short Income ETF (YEAR) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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.



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Dividends

YEAR vs. VCSH - Dividend Comparison

YEAR's dividend yield for the trailing twelve months is around 4.93%, more than VCSH's 4.13% yield.


TTM20242023202220212020201920182017201620152014
YEAR
AB Ultra Short Income ETF
4.93%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VCSH
Vanguard Short-Term Corporate Bond ETF
4.13%3.96%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%

Drawdowns

YEAR vs. VCSH - Drawdown Comparison

The maximum YEAR drawdown since its inception was -0.12%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for YEAR and VCSH. For additional features, visit the drawdowns tool.


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Volatility

YEAR vs. VCSH - Volatility Comparison


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