VSDB vs VCV

Comparison between VANGUARD SHORT DURATION BOND ETF ETF SHARES (VSDB, ETF) and Invesco California Value Municipal Income Trust (VCV, ETF).

VSDB vs VCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VSDB(ETF)	VCV(ETF)
Net Assets	$494M	$495M
Expense Ratio	0.15%	N/A
Max Drawdown	1.67%	63.94%
Sharpe Ratio	0.62	0.75
5Y Beta	0.02	0.12
5Y Dividends CAGR	N/A	6.81%

Net Assets

VSDB

$494M

Winner

VCV

$495M

Expense Ratio

VSDB

0.15%

VCV

N/A

Max Drawdown

Winner

VSDB

1.67%

VCV

63.94%

Sharpe Ratio

VSDB

0.62

Winner

VCV

0.75

5Y Beta

Winner

VSDB

0.02

VCV

0.12

5Y Dividends CAGR

VSDB

N/A

VCV

6.81%

VSDB vs VCV - Historical Returns

Returns include dividend reinvestment.

Period	VSDB	VCV
1 month	+0.00%	+1.46%
3 months	+0.13%	-1.77%
6 months	+1.24%	+2.84%
1 year	+4.96%	+11.72%
5 years(CAGR)	N/A	+0.58%
10 years(CAGR)	N/A	+2.46%
Max(CAGR)	+4.79%	+5.14%

VSDB

+0.00%

Winner

VCV

+1.46%

Winner

VSDB

+0.13%

VCV

-1.77%

VSDB

+1.24%

Winner

VCV

+2.84%

VSDB

+4.96%

Winner

VCV

+11.72%

5Y(CAGR)

VSDB

N/A

VCV

+0.58%

10Y(CAGR)

VSDB

N/A

VCV

+2.46%

Max(CAGR)

VSDB

+4.79%

Winner

VCV

+5.14%

VSDB vs VCV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VSDB	VCV
2026	+0.72%	-1.62%
2025	+4.85%	+7.58%
2024	N/A	+18.51%
2023	N/A	+6.44%
2022	N/A	-28.13%
2021	N/A	+10.23%
2020	N/A	+7.95%
2019	N/A	+16.48%
2018	N/A	-5.26%
2017	N/A	+8.65%
2016	N/A	-3.54%
2015	N/A	+8.92%
2014	N/A	+20.40%
2013	N/A	-12.87%
2012	N/A	+12.78%
2011	N/A	+23.63%
2010	N/A	+1.94%
2009	N/A	+55.43%
2008	N/A	-45.40%
2007	N/A	+1.50%
2006	N/A	+11.44%
2005	N/A	+7.67%
2004	N/A	-6.37%
2003	N/A	+14.77%
2002	N/A	+10.83%
2001	N/A	+8.40%
2000	N/A	+10.38%
1999	N/A	-0.87%

VSDB vs VCV Drawdown Comparison

The maximum drawdown for VSDB was -1.42%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for VCV was -58.93%, occurring on Dec 15, 2008. Recovery took 829 trading sessions.

The current VSDB drawdown is -0.35%. The current VCV drawdown is -4.03%.

Rank	VSDB	VCV
#1	-1.42% Feb 27, 2026 - Mar 27, 2026	-58.93% May 11, 2007 - Aug 25, 2010
#2	-1.20% Apr 3, 2025 - Apr 28, 2025	-38.54% Nov 12, 2021 - Feb 27, 2026
#3	-0.34% Oct 24, 2025 - Nov 11, 2025	-31.73% Feb 21, 2020 - Dec 18, 2020
#4	-0.33% Jun 4, 2025 - Jun 12, 2025	-21.75% Aug 17, 2012 - Dec 2, 2014
#5	-0.32% Apr 30, 2025 - May 19, 2025	-18.38% Sep 8, 2010 - Oct 31, 2011
#6	-0.30% May 19, 2025 - May 27, 2025	-18.02% Jul 8, 2016 - Jun 20, 2019
#7	-0.29% Sep 16, 2025 - Oct 2, 2025	-17.84% Mar 17, 2004 - Jul 29, 2005
#8	-0.25% Jun 30, 2025 - Jul 18, 2025	-10.15% Mar 2, 2012 - May 4, 2012
#9	-0.25% Dec 3, 2025 - Dec 15, 2025	-8.93% Nov 8, 1999 - Apr 6, 2000
#10	-0.25% Nov 11, 2025 - Nov 21, 2025	-8.45% Sep 3, 2019 - Feb 6, 2020
#11	-0.18% Aug 13, 2025 - Aug 22, 2025	-8.29% Feb 27, 2026 - Apr 6, 2026
#12	-0.16% Jun 12, 2025 - Jun 18, 2025	-8.25% Feb 2, 2015 - Oct 30, 2015
#13	-0.16% Jan 7, 2026 - Jan 21, 2026	-8.00% Apr 11, 2000 - Jun 20, 2000
#14	-0.14% Jul 22, 2025 - Jul 29, 2025	-7.94% Sep 15, 2021 - Nov 8, 2021
#15	-0.13% May 27, 2025 - May 29, 2025	-7.93% Feb 15, 2001 - Jul 24, 2001

Correlation

Correlation between VSDB and VCV is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2000 - 2026)

VSDB vs VCV dividend yield comparison.

Year	VSDB	VCV
2026	1.46%	3.03%
2025	3.30%	6.96%
2024	0.00%	5.76%
2023	0.00%	4.16%
2022	0.00%	5.46%
2021	0.00%	4.09%
2020	0.00%	4.07%
2019	0.00%	4.43%
2018	0.00%	5.46%
2017	0.00%	5.10%
2016	0.00%	5.86%
2015	0.00%	5.98%
2014	0.00%	6.16%
2013	0.00%	6.95%
2012	0.00%	6.42%
2011	0.00%	7.09%
2010	0.00%	8.09%
2009	0.00%	7.46%
2008	0.00%	11.06%
2007	0.00%	5.32%
2006	0.00%	5.55%
2005	0.00%	7.45%
2004	0.00%	7.40%
2003	0.00%	8.70%
2002	0.00%	6.74%
2001	0.00%	5.92%
2000	0.00%	2.37%