VCSH vs IEF

Comparison between VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ETF SHARES (VCSH, ETF) and ISHARES 7-10 YEAR TREASURY BOND ETF (IEF, ETF).

5-Year PerformanceVCSH has outperformed IEF, delivering a return of +2.4% compared to -0.9%

VCSH vs IEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VCSH(ETF)	IEF(ETF)
Net Assets	$49B	$49B
Expense Ratio	0.03%	0.15%
Max Drawdown	12.86%	27.72%
Sharpe Ratio	0.67	0.05
5Y Beta	0.03	-0.00
5Y Dividends CAGR	17.59%	29.93%

Net Assets

VCSH

$49B

Winner

IEF

$49B

Expense Ratio

Winner

VCSH

0.03%

IEF

0.15%

Max Drawdown

Winner

VCSH

12.86%

IEF

27.72%

Sharpe Ratio

Winner

VCSH

0.67

IEF

0.05

5Y Beta

VCSH

0.03

Winner

IEF

-0.00

5Y Dividends CAGR

VCSH

17.59%

Winner

IEF

29.93%

VCSH vs IEF - Historical Returns

Returns include dividend reinvestment.

Period	VCSH	IEF
1 month	+0.23%	-0.20%
3 months	+0.14%	-0.23%
6 months	+1.49%	+0.10%
1 year	+5.24%	+4.64%
5 years(CAGR)	+2.37%	-0.94%
10 years(CAGR)	+2.72%	+0.74%
Max(CAGR)	+2.92%	+3.44%

Winner

VCSH

+0.23%

IEF

-0.20%

Winner

VCSH

+0.14%

IEF

-0.23%

Winner

VCSH

+1.49%

IEF

+0.10%

Winner

VCSH

+5.24%

IEF

+4.64%

5Y(CAGR)

Winner

VCSH

+2.37%

IEF

-0.94%

10Y(CAGR)

Winner

VCSH

+2.72%

IEF

+0.74%

Max(CAGR)

VCSH

+2.92%

Winner

IEF

+3.44%

VCSH vs IEF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	VCSH	IEF
2026	+0.66%	+0.11%
2025	+6.74%	+7.97%
2024	+5.17%	-0.26%
2023	+6.08%	+2.84%
2022	-5.48%	-14.36%
2021	-0.62%	-3.35%
2020	+5.13%	+9.50%
2019	+6.95%	+7.80%
2018	+0.96%	+1.32%
2017	+2.30%	+2.60%
2016	+2.67%	+0.58%
2015	+1.36%	+1.00%
2014	+1.93%	+8.64%
2013	+1.56%	-5.66%
2012	+5.67%	+4.33%
2011	+3.05%	+16.00%
2010	+4.98%	+9.10%
2009	+0.32%	-5.23%
2008	N/A	+17.07%
2007	N/A	+10.05%
2006	N/A	+2.53%
2005	N/A	+2.44%
2004	N/A	+4.97%
2003	N/A	+3.73%
2002	N/A	+6.25%

VCSH vs IEF Drawdown Comparison

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

The maximum drawdown for IEF was -23.92%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current VCSH drawdown is -0.26%. The current IEF drawdown is -10.74%.

Rank	VCSH	IEF
#1	-12.86% Mar 5, 2020 - May 28, 2020	-23.92% Aug 4, 2020 - Oct 19, 2023
#2	-9.48% Aug 3, 2021 - May 15, 2024	-10.40% Dec 30, 2008 - Jun 28, 2010
#3	-2.53% May 2, 2013 - Oct 25, 2013	-9.07% May 1, 2013 - Oct 14, 2014
#4	-2.00% Nov 4, 2010 - Apr 18, 2011	-8.81% Jul 8, 2016 - May 28, 2019
#5	-1.99% Aug 4, 2011 - Jan 18, 2012	-8.53% Jun 13, 2003 - Mar 16, 2004
#6	-1.66% Jul 6, 2016 - Apr 5, 2017	-8.01% Oct 11, 2010 - Jul 13, 2011
#7	-1.51% Sep 7, 2017 - Dec 18, 2018	-7.21% Mar 16, 2004 - Sep 22, 2004
#8	-1.40% Feb 27, 2026 - Mar 26, 2026	-6.18% Mar 20, 2008 - Sep 15, 2008
#9	-1.29% Apr 3, 2025 - Apr 28, 2025	-5.37% Sep 17, 2008 - Nov 19, 2008
#10	-1.21% Sep 24, 2024 - Jan 28, 2025	-5.35% Jan 30, 2015 - Jan 28, 2016
#11	-1.03% Oct 27, 2015 - Mar 16, 2016	-4.91% Jun 1, 2005 - Sep 21, 2006
#12	-1.02% Feb 11, 2021 - May 24, 2021	-4.68% Mar 9, 2020 - Apr 1, 2020
#13	-0.93% Apr 16, 2015 - Oct 2, 2015	-4.40% Sep 22, 2011 - Dec 19, 2011
#14	-0.90% May 18, 2010 - Jun 23, 2010	-4.03% Oct 9, 2002 - Feb 13, 2003
#15	-0.84% Sep 4, 2019 - Oct 2, 2019	-3.91% Feb 9, 2005 - May 5, 2005

Correlation

Correlation between VCSH and IEF is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2002 - 2026)

VCSH vs IEF dividend yield comparison.

Year	VCSH	IEF
2026	1.46%	1.29%
2025	4.35%	3.77%
2024	3.96%	3.62%
2023	3.09%	2.91%
2022	2.01%	1.96%
2021	1.81%	0.83%
2020	2.27%	1.08%
2019	2.87%	2.08%
2018	2.65%	2.24%
2017	2.26%	1.82%
2016	2.10%	1.81%
2015	2.08%	1.90%
2014	2.01%	2.05%
2013	2.05%	1.77%
2012	2.29%	1.79%
2011	2.43%	2.55%
2010	2.40%	3.24%
2009	0.22%	3.96%
2008	0.00%	3.71%
2007	0.00%	4.29%
2006	0.00%	4.23%
2005	0.00%	3.87%
2004	0.00%	3.74%
2003	0.00%	3.80%
2002	0.00%	2.07%