VCSH vs BIL

Comparison between VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ETF SHARES (VCSH, ETF) and SPDR(R) BLOOMBERG 1-3 MONTH T-BILL ETF (BIL, ETF).

5-Year PerformanceBIL has outperformed VCSH, delivering a return of +3.4% compared to +2.4%

VCSH vs BIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VCSH(ETF)	BIL(ETF)
Net Assets	$49B	$50B
Expense Ratio	0.03%	0.14%
Max Drawdown	12.86%	1.36%
Sharpe Ratio	0.67	1.34
5Y Beta	0.03	-0.00
5Y Dividends CAGR	17.59%	194.32%

Net Assets

VCSH

$49B

Winner

BIL

$50B

Expense Ratio

Winner

VCSH

0.03%

BIL

0.14%

Max Drawdown

VCSH

12.86%

Winner

BIL

1.36%

Sharpe Ratio

VCSH

0.67

Winner

BIL

1.34

5Y Beta

VCSH

0.03

Winner

BIL

-0.00

5Y Dividends CAGR

VCSH

17.59%

Winner

BIL

194.32%

VCSH vs BIL - Historical Returns

Returns include dividend reinvestment.

Period	VCSH	BIL
1 month	+0.23%	+0.31%
3 months	+0.14%	+0.87%
6 months	+1.49%	+1.79%
1 year	+5.24%	+3.94%
5 years(CAGR)	+2.37%	+3.36%
10 years(CAGR)	+2.72%	+2.16%
Max(CAGR)	+2.92%	+1.35%

VCSH

+0.23%

Winner

BIL

+0.31%

VCSH

+0.14%

Winner

BIL

+0.87%

VCSH

+1.49%

Winner

BIL

+1.79%

Winner

VCSH

+5.24%

BIL

+3.94%

5Y(CAGR)

VCSH

+2.37%

Winner

BIL

+3.36%

10Y(CAGR)

Winner

VCSH

+2.72%

BIL

+2.16%

Max(CAGR)

Winner

VCSH

+2.92%

BIL

+1.35%

VCSH vs BIL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	VCSH	BIL
2026	+0.66%	+1.20%
2025	+6.74%	+4.13%
2024	+5.17%	+5.18%
2023	+6.08%	+4.93%
2022	-5.48%	+1.41%
2021	-0.62%	-0.10%
2020	+5.13%	+0.37%
2019	+6.95%	+2.04%
2018	+0.96%	+1.73%
2017	+2.30%	+0.64%
2016	+2.67%	+0.09%
2015	+1.36%	-0.11%
2014	+1.93%	-0.07%
2013	+1.56%	-0.09%
2012	+5.67%	-0.02%
2011	+3.05%	-0.06%
2010	+4.98%	+0.00%
2009	+0.32%	+0.25%
2008	N/A	+1.50%
2007	N/A	+2.50%

VCSH vs BIL Drawdown Comparison

The maximum drawdown for VCSH was -12.86%, occurring on Mar 19, 2020. Recovery took 58 trading sessions.

The maximum drawdown for BIL was -0.78%, occurring on Dec 9, 2015. Recovery took 2321 trading sessions.

The current VCSH drawdown is -0.26%.

Rank	VCSH	BIL
#1	-12.86% Mar 5, 2020 - May 28, 2020	-0.78% Sep 29, 2008 - Dec 15, 2017
#2	-9.48% Aug 3, 2021 - May 15, 2024	-0.63% Sep 17, 2008 - Sep 29, 2008
#3	-2.53% May 2, 2013 - Oct 25, 2013	-0.24% Aug 20, 2007 - Sep 7, 2007
#4	-2.00% Nov 4, 2010 - Apr 18, 2011	-0.21% Mar 20, 2020 - Aug 2, 2022
#5	-1.99% Aug 4, 2011 - Jan 18, 2012	-0.17% Mar 19, 2008 - Jun 2, 2008
#6	-1.66% Jul 6, 2016 - Apr 5, 2017	-0.15% Jul 16, 2008 - Aug 5, 2008
#7	-1.51% Sep 7, 2017 - Dec 18, 2018	-0.13% Jan 2, 2008 - Jan 14, 2008
#8	-1.40% Feb 27, 2026 - Mar 26, 2026	-0.13% Sep 25, 2007 - Oct 4, 2007
#9	-1.29% Apr 3, 2025 - Apr 28, 2025	-0.11% Oct 4, 2007 - Oct 8, 2007
#10	-1.21% Sep 24, 2024 - Jan 28, 2025	-0.11% Sep 10, 2007 - Sep 12, 2007
#11	-1.03% Oct 27, 2015 - Mar 16, 2016	-0.11% Jan 24, 2008 - Jan 29, 2008
#12	-1.02% Feb 11, 2021 - May 24, 2021	-0.10% Jun 27, 2008 - Jul 10, 2008
#13	-0.93% Apr 16, 2015 - Oct 2, 2015	-0.09% Jun 2, 2008 - Jun 10, 2008
#14	-0.90% May 18, 2010 - Jun 23, 2010	-0.09% Jun 11, 2007 - Jun 14, 2007
#15	-0.84% Sep 4, 2019 - Oct 2, 2019	-0.09% Sep 17, 2007 - Sep 24, 2007

Correlation

Correlation between VCSH and BIL is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2007 - 2026)

VCSH vs BIL dividend yield comparison.

Year	VCSH	BIL
2026	1.46%	1.15%
2025	4.35%	4.13%
2024	3.96%	5.03%
2023	3.09%	4.93%
2022	2.01%	1.35%
2021	1.81%	0.00%
2020	2.27%	0.30%
2019	2.87%	2.05%
2018	2.65%	1.66%
2017	2.26%	0.68%
2016	2.10%	0.07%
2015	2.08%	0.00%
2014	2.01%	0.00%
2013	2.05%	0.00%
2012	2.29%	0.00%
2011	2.43%	0.00%
2010	2.40%	0.00%
2009	0.22%	0.09%
2008	0.00%	1.58%
2007	0.00%	2.50%