VCSH vs SPYG

Comparison between VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ETF SHARES (VCSH, ETF) and SPDR(R) PORTFOLIO S&P 500 GROWTH ETF (SPYG, ETF).

5-Year PerformanceSPYG has outperformed VCSH, delivering a return of +16.5% compared to +2.4%

VCSH vs SPYG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VCSH(ETF)	SPYG(ETF)
Net Assets	$49B	$50B
Expense Ratio	0.03%	0.04%
Max Drawdown	12.86%	69.53%
Sharpe Ratio	0.66	1.93
5Y Beta	0.03	1.21
P/E Ratio	N/A	31.78
Forward P/E	N/A	25.72
PEG Ratio	N/A	0.62
5Y Dividends CAGR	17.59%	2.19%
5Y EPS CAGR	N/A	33.79%
Debt to Equity	N/A	30.76%
P/S Ratio	N/A	6.16
P/B Ratio	N/A	8.73

Net Assets

VCSH

$49B

Winner

SPYG

$50B

Expense Ratio

Winner

VCSH

0.03%

SPYG

0.04%

Max Drawdown

Winner

VCSH

12.86%

SPYG

69.53%

Sharpe Ratio

VCSH

0.66

Winner

SPYG

1.93

5Y Beta

Winner

VCSH

0.03

SPYG

1.21

P/E Ratio

VCSH

N/A

SPYG

31.78

Forward P/E

VCSH

N/A

SPYG

25.72

PEG Ratio

VCSH

N/A

SPYG

0.62

5Y Dividends CAGR

Winner

VCSH

17.59%

SPYG

2.19%

5Y EPS CAGR

VCSH

N/A

SPYG

33.79%

Debt to Equity

VCSH

N/A

SPYG

30.76%

P/S Ratio

VCSH

N/A

SPYG

6.16

P/B Ratio

VCSH

N/A

SPYG

8.73

VCSH vs SPYG - Historical Returns

Returns include dividend reinvestment.

Period	VCSH	SPYG
1 month	-0.01%	+12.37%
3 months	-0.28%	+15.51%
6 months	+1.41%	+13.80%
1 year	+5.05%	+34.58%
5 years(CAGR)	+2.36%	+16.46%
10 years(CAGR)	+2.71%	+18.26%
Max(CAGR)	+2.91%	+7.57%

VCSH

-0.01%

Winner

SPYG

+12.37%

VCSH

-0.28%

Winner

SPYG

+15.51%

VCSH

+1.41%

Winner

SPYG

+13.80%

VCSH

+5.05%

Winner

SPYG

+34.58%

5Y(CAGR)

VCSH

+2.36%

Winner

SPYG

+16.46%

10Y(CAGR)

VCSH

+2.71%

Winner

SPYG

+18.26%

Max(CAGR)

VCSH

+2.91%

Winner

SPYG

+7.57%

VCSH vs SPYG - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	VCSH	SPYG
2026	+0.52%	+11.46%
2025	+6.74%	+22.14%
2024	+5.17%	+38.20%
2023	+6.08%	+31.60%
2022	-5.48%	-29.96%
2021	-0.62%	+33.93%
2020	+5.13%	+31.62%
2019	+6.95%	+31.17%
2018	+0.96%	-0.94%
2017	+2.30%	+26.39%
2016	+2.67%	+9.02%
2015	+1.36%	+5.36%
2014	+1.93%	+16.12%
2013	+1.56%	+29.29%
2012	+5.67%	+12.92%
2011	+3.05%	+3.55%
2010	+4.98%	+14.41%
2009	+0.32%	+32.10%
2008	N/A	-36.63%
2007	N/A	+11.12%
2006	N/A	+7.47%
2005	N/A	+3.63%
2004	N/A	+5.84%
2003	N/A	+25.42%
2002	N/A	-31.07%
2001	N/A	-19.84%
2000	N/A	-24.10%

VCSH vs SPYG Drawdown Comparison

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

The maximum drawdown for SPYG was -67.63%, occurring on Mar 9, 2009. Recovery took 3326 trading sessions.

The current VCSH drawdown is -0.40%.

Rank	VCSH	SPYG
#1	-12.86% Mar 5, 2020 - May 28, 2020	-67.63% Oct 2, 2000 - Dec 23, 2013
#2	-9.48% Aug 3, 2021 - May 15, 2024	-32.67% Dec 27, 2021 - Mar 1, 2024
#3	-2.53% May 2, 2013 - Oct 25, 2013	-31.26% Feb 19, 2020 - Jun 10, 2020
#4	-2.00% Nov 4, 2010 - Apr 18, 2011	-22.15% Feb 19, 2025 - Jun 24, 2025
#5	-1.99% Aug 4, 2011 - Jan 18, 2012	-20.60% Oct 1, 2018 - Apr 23, 2019
#6	-1.66% Jul 6, 2016 - Apr 5, 2017	-13.76% Oct 29, 2025 - Apr 15, 2026
#7	-1.51% Sep 7, 2017 - Dec 18, 2018	-13.33% Nov 3, 2015 - Jul 8, 2016
#8	-1.40% Feb 27, 2026 - Mar 26, 2026	-12.75% Jul 10, 2024 - Oct 14, 2024
#9	-1.29% Apr 3, 2025 - Apr 28, 2025	-11.79% Jul 20, 2015 - Oct 29, 2015
#10	-1.21% Sep 24, 2024 - Jan 28, 2025	-11.02% Sep 2, 2020 - Dec 1, 2020
#11	-1.03% Oct 27, 2015 - Mar 16, 2016	-9.87% Jan 26, 2018 - Jun 4, 2018
#12	-1.02% Feb 11, 2021 - May 24, 2021	-8.70% Feb 12, 2021 - Apr 5, 2021
#13	-0.93% Apr 16, 2015 - Oct 2, 2015	-7.39% Sep 19, 2014 - Oct 31, 2014
#14	-0.90% May 18, 2010 - Jun 23, 2010	-7.24% Sep 3, 2021 - Oct 26, 2021
#15	-0.84% Sep 4, 2019 - Oct 2, 2019	-6.81% Mar 22, 2024 - May 14, 2024

Correlation

Correlation between VCSH and SPYG is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2000 - 2026)

VCSH vs SPYG dividend yield comparison.

Year	VCSH	SPYG
2026	1.46%	0.11%
2025	4.35%	0.52%
2024	3.96%	0.60%
2023	3.09%	1.15%
2022	2.01%	1.03%
2021	1.81%	0.62%
2020	2.27%	0.90%
2019	2.87%	1.37%
2018	2.65%	1.51%
2017	2.26%	1.41%
2016	2.10%	1.55%
2015	2.08%	1.57%
2014	2.01%	1.37%
2013	2.05%	1.42%
2012	2.29%	1.81%
2011	2.43%	1.64%
2010	2.40%	0.71%
2009	0.22%	0.90%
2008	0.00%	1.35%
2007	0.00%	0.82%
2006	0.00%	0.74%
2005	0.00%	0.73%
2004	0.00%	1.33%
2003	0.00%	0.50%
2002	0.00%	0.47%
2001	0.00%	0.22%
2000	0.00%	0.03%