VCSH vs VV

VCSH vs VV

Which is better, VCSH or VV?

Short Term Bond against Large Cap Blend.

VV led over 1Y, 3Y, 5Y and the full window.

Lower Fees: TiedHigher Returns: VV

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricVCSHVV
Expense Ratio0.03%Tie0.03%Tie
AUM$52.0B$52.6B
Dividend Yield4.47%0.99%
Holdings3,023437
YTD Return+0.41%+14.17%Best
1Y Return+1.69%+17.04%Best
3Y Return (annualized)+5.38%+23.40%Best
5Y Return (annualized)+2.20%+13.44%Best
Volatility (annualized)2.6%Best14.6%
Max Drawdown-12.9%Best-34.3%
$10,000 over 5 years$11,149$18,786Best
Fund FamilyVanguard (US)Vanguard (US)
CategoryFixed IncomeEquity
StyleShort Term BondLarge Cap Blend
InceptionNov 19, 2009Jan 27, 2004

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 23, 2009 to Sep 21, 2026 (16.8 years).

VCSH vs VV growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

Compare VCSH against instead:VCSH vs SPYVCSH vs QQQVCSH vs VOOVCSH vs VTIVV against:VV vs VXUS

VCSH vs VV Performance

Vanguard Short Term Corporate Bond ETF (VCSH) is an ETF from Vanguard (US) and Vanguard Morningstar Large-Cap ETF (VV) is an ETF from Vanguard (US). Over the past year VCSH returned +1.69% while VV returned +17.04%. Year to date, VCSH is up 0.41% versus a gain of 14.17% for VV.

Over three years, VCSH compounded at +5.38% per year against +23.40% for VV; over five years the annualized figures are +2.20% and +13.44% respectively. Across the full 17-year window we track, VV has the edge at +12.86% annualized vs +1.26%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VV has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 2.6% for VCSH. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -12.9% for VCSH and -34.3% for VV. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.

Fees and Cost Over Time

VCSH charges 0.03% per year while VV charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, VCSH currently yields 4.47% against 0.99% for VV.

Holdings Overlap

VV already in VCSH9.1%

At least 9.1% of VV's money is in holdings VCSH also owns.

Stated as a floor: for VCSH, our book for it covers 62.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

VV and VCSH share little of their money.

12 positions in common, counted across the 1,545 positions we hold weights for in VCSH and 431 in VV, against full books of 3,023 and 437.

Top Shared Holdings

StockWeight in VCSHWeight in VVDifference
AAPLApple, Inc0.09%7.18%7.09%
CURVVanguard Market Liquidity Fund0.78%0.21%0.57%
TXNTexas Instrument Inc0.02%0.40%0.38%
PEPPepsico Inc.0.05%0.30%0.25%
TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#5855580.19%0.12%0.07%
DEDeere & Co Sedol 22612030.04%0.24%0.20%
MOAltria Group Inc0.04%0.18%0.14%
EOGEog Resources Inc0.03%0.13%0.10%
OKEOneok Inc.0.04%0.09%0.05%
BSXBoston Scientific Corp.0.01%0.11%0.10%

You are not choosing between two funds in isolation.

Whichever of VCSH and VV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

VCSHVV

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, VCSH or VV?

VCSH has an expense ratio of 0.03% while VV charges 0.03%. At the precision these are quoted to, they cost the same.

Which performed better, VCSH or VV?

Over the past year VCSH returned +1.69% vs +17.04% for VV, so VV leads on 1-year performance. Over the longest common window we track (17 years), VCSH annualized +1.26% vs +12.86% for VV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, VCSH or VV?

VV has been the more volatile fund at 14.6% annualized versus 2.6% for VCSH. Worst drawdown: VCSH -12.9% vs VV -34.3%.

Should I hold both VCSH and VV?

VCSH and VV have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between VCSH and VV?

At least 9.1% of VV's money is in holdings VCSH also owns. Our book for VCSH is partial, so the real figure is this or higher. They hold 12 positions in common, counted across the 1,545 positions we hold weights for in VCSH and 431 in VV.

Which pays a higher dividend, VCSH or VV?

VCSH yields 4.47% while VV yields 0.99%, so VCSH currently pays the higher dividend yield.

Is VV better than VCSH?

VV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.