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VGSH — Vanguard SHORT-TERM Treasury Index Fund ETF Shares

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

VGSH
Total return+18.3%
Annualised (CAGR)+1.7%
Volatility (annualised)+1.7%
Sharpe (rf = 0)1.03
Deepest drawdown-5.7%
Drawdown peak → trough2021-04-20 → 2022-10-20
Dividend yield (12m distributions)3.80% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +18.3% in total (+1.7% a year), with a deepest drawdown of -5.7% from 2021-04-20 to 2022-10-20. Its worst calendar year was 2022 (-3.9%), its best 2025 (+5.1%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVGSH
2026+0.4%
2025+5.1%
2024+4.0%
2023+4.3%
2022-3.9%
2021-0.6%
2020+3.0%
2019+3.5%
2018+1.5%
2017+0.0%
2016-0.2%

Common questions

How much has VGSH returned over the last 10 years?

+18.3% in total, which works out to +1.7% 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 VGSH's worst year?

2022 — its calendar-year return was -3.9% (net of fees, dividends reinvested). Its best year was 2025 (+5.1%).

How deep was VGSH's worst drawdown?

-5.7%, from a peak on 2021-04-20 to a trough on 2022-10-20. From that trough it took 573 days (about 18.8 months) to climb back to the earlier peak.

Does VGSH pay dividends?

Over the last 12 months it distributed 3.80% 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 this page does not say

It does not say VGSH 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 -5.7% 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 VGSH in the tool. History is shown as history, never sold as a forecast.

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