VCR vs TBIL

Comparison between VANGUARD CONSUMER DISCRETIONARY INDEX FUND ETF SHARES (VCR, ETF) and F/M US TREASURY 3 MONTH BILL ETF (TBIL, ETF).

VCR vs TBIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VCR(ETF)	TBIL(ETF)
Net Assets	$7.10B	$7.10B
Expense Ratio	0.09%	0.15%
Max Drawdown	62.72%	0.58%
Sharpe Ratio	0.48	1.01
5Y Beta	1.19	0.00
P/E Ratio	35.07	N/A
Forward P/E	23.93	N/A
5Y Dividends CAGR	-3.50%	N/A
5Y EPS CAGR	22.38%	N/A
Debt to Equity	-100.89%	N/A
P/S Ratio	1.86	N/A
P/B Ratio	5.77	N/A

Net Assets

VCR

$7.10B

TBIL

$7.10B

Expense Ratio

Winner

VCR

0.09%

TBIL

0.15%

Max Drawdown

VCR

62.72%

Winner

TBIL

0.58%

Sharpe Ratio

VCR

0.48

Winner

TBIL

1.01

5Y Beta

VCR

1.19

Winner

TBIL

0.00

P/E Ratio

VCR

35.07

TBIL

N/A

Forward P/E

VCR

23.93

TBIL

N/A

5Y Dividends CAGR

VCR

-3.50%

TBIL

N/A

5Y EPS CAGR

VCR

22.38%

TBIL

N/A

Debt to Equity

VCR

-100.89%

TBIL

N/A

P/S Ratio

VCR

1.86

TBIL

N/A

P/B Ratio

VCR

5.77

TBIL

N/A

VCR vs TBIL - Historical Returns

Returns include dividend reinvestment.

Period	VCR	TBIL
1 month	+3.86%	+0.27%
3 months	+2.28%	+0.83%
6 months	+2.97%	+1.81%
1 year	+10.13%	+3.97%
5 years(CAGR)	+6.77%	N/A
10 years(CAGR)	+13.71%	N/A
Max(CAGR)	+11.09%	+4.53%

Winner

VCR

+3.86%

TBIL

+0.27%

Winner

VCR

+2.28%

TBIL

+0.83%

Winner

VCR

+2.97%

TBIL

+1.81%

Winner

VCR

+10.13%

TBIL

+3.97%

5Y(CAGR)

VCR

+6.77%

TBIL

N/A

10Y(CAGR)

VCR

+13.71%

TBIL

N/A

Max(CAGR)

Winner

VCR

+11.09%

TBIL

+4.53%

VCR vs TBIL - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	VCR	TBIL
2026	+0.25%	+1.23%
2025	+6.83%	+4.19%
2024	+25.49%	+5.14%
2023	+41.16%	+5.10%
2022	-36.56%	+1.30%
2021	+26.48%	N/A
2020	+46.60%	N/A
2019	+26.51%	N/A
2018	-3.60%	N/A
2017	+22.26%	N/A
2016	+8.62%	N/A
2015	+7.15%	N/A
2014	+10.05%	N/A
2013	+40.65%	N/A
2012	+23.48%	N/A
2011	+2.42%	N/A
2010	+29.54%	N/A
2009	+40.62%	N/A
2008	-36.57%	N/A
2007	-11.96%	N/A
2006	+15.78%	N/A
2005	-3.23%	N/A
2004	+14.42%	N/A

VCR vs TBIL Drawdown Comparison

The maximum drawdown for VCR was -61.53%, occurring on Nov 20, 2008. Recovery took 928 trading sessions.

The maximum drawdown for TBIL was -0.10%, occurring on Oct 5, 2022. Recovery took 10 trading sessions.

The current VCR drawdown is -4.87%.

Rank	VCR	TBIL
#1	-61.53% Jun 4, 2007 - Feb 7, 2011	-0.10% Oct 3, 2022 - Oct 17, 2022
#2	-39.20% Nov 19, 2021 - Nov 6, 2024	-0.05% Dec 23, 2022 - Dec 29, 2022
#3	-37.68% Feb 20, 2020 - Jun 8, 2020	-0.04% Aug 10, 2022 - Aug 25, 2022
#4	-27.35% Dec 17, 2024 - Sep 15, 2025	-0.04% Nov 14, 2022 - Nov 17, 2022
#5	-22.61% Sep 4, 2018 - Apr 16, 2019	-0.04% Apr 5, 2023 - Apr 12, 2023
#6	-20.49% Jul 7, 2011 - Feb 3, 2012	-0.02% Jul 3, 2025 - Jul 9, 2025
#7	-16.70% Nov 3, 2015 - Jul 12, 2016	-0.02% Aug 2, 2024 - Aug 7, 2024
#8	-15.58% Jan 9, 2026 - Mar 30, 2026	-0.02% Mar 4, 2025 - Mar 7, 2025
#9	-12.46% Jul 28, 2005 - May 9, 2006	-0.02% Feb 3, 2025 - Feb 5, 2025
#10	-11.77% Mar 5, 2004 - Nov 2, 2004	-0.02% Oct 17, 2022 - Oct 25, 2022
#11	-11.33% Dec 30, 2004 - Jul 19, 2005	-0.02% Jul 9, 2024 - Jul 11, 2024
#12	-11.18% Jul 31, 2015 - Nov 3, 2015	-0.02% May 1, 2026 - May 5, 2026
#13	-11.01% May 9, 2006 - Oct 4, 2006	-0.02% Feb 2, 2024 - Feb 8, 2024
#14	-10.07% May 2, 2012 - Sep 6, 2012	-0.02% May 7, 2025 - May 9, 2025
#15	-9.71% Jan 26, 2018 - Jun 6, 2018	-0.02% Jan 3, 2025 - Jan 8, 2025

Correlation

Correlation between VCR and TBIL is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2004 - 2026)

VCR vs TBIL dividend yield comparison.

Year	VCR	TBIL
2026	0.18%	1.20%
2025	0.74%	4.06%
2024	0.74%	5.02%
2023	0.84%	5.00%
2022	0.98%	1.10%
2021	0.79%	0.00%
2020	1.71%	0.00%
2019	1.17%	0.00%
2018	1.37%	0.00%
2017	1.21%	0.00%
2016	1.60%	0.00%
2015	1.32%	0.00%
2014	1.23%	0.00%
2013	0.84%	0.00%
2012	1.52%	0.00%
2011	1.38%	0.00%
2010	0.99%	0.00%
2009	0.93%	0.00%
2008	2.44%	0.00%
2007	0.86%	0.00%
2006	0.77%	0.00%
2005	0.59%	0.00%
2004	0.63%	0.00%