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VCSH — Vanguard SHORT-TERM Corporate Bond Index Fund ETF…

Data as of 2026-09-29 · US · Bonds · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

VCSH
Total return+28.0%
Annualised (CAGR)+2.5%
Volatility (annualised)+3.0%
Sharpe (rf = 0)0.84
Deepest drawdown-12.9%
Drawdown peak → trough2020-03-05 → 2020-03-19
Fee (annual expense ratio)0.05%
Dividend yield (12m distributions)4.56% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +28.0% in total (+2.5% a year), with a deepest drawdown of -12.9% from 2020-03-05 to 2020-03-19. Its worst calendar year was 2022 (-5.6%), its best 2019 (+7.0%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVCSH
2026-0.2%
2025+6.8%
2024+4.9%
2023+6.2%
2022-5.6%
2021-0.6%
2020+5.1%
2019+7.0%
2018+0.9%
2017+2.2%
2016-0.9%

Common questions

How much has VCSH returned over the last 10 years?

+28.0% in total, which works out to +2.5% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was VCSH's worst year?

2022 — its calendar-year return was -5.6% (net of fees, dividends reinvested). Its best year was 2019 (+7.0%).

How deep was VCSH's worst drawdown?

-12.9%, from a peak on 2020-03-05 to a trough on 2020-03-19. From that trough it took 70 days (about 2.3 months) to climb back to the earlier peak.

Does VCSH pay dividends?

Over the last 12 months it distributed 4.56% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is VCSH's expense ratio?

0.05% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say VCSH is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -12.9% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open VCSH in the tool. History is shown as history, never sold as a forecast.

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