Data as of Oct 28, 2026.

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FSIG vs VCSH: Differences, Returns & Fees

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FSIG's duration was 2.9 years on Jul 31, 2026 and VCSH's 2.7 on May 31, 2026; VCSH charges 0.03% to FSIG's 0.44%.

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Net assets: $1.5bn on Oct 27, 2026 for First Trust Limited Duration Investment Grade Corporate ETF, and $43.9bn on Sep 30, 2026 for Vanguard Short-Term Corporate Bond ETF.

At a glance
+0.8%
FSIG total return, 1 year
+1.3%
VCSH total return, 1 year
0.44%
FSIG expense ratio
0.03%
VCSH expense ratio

Pair scorecard

VCSH costs 0.41 points a year less; their one-year returns differ by 0.5 points.

FSIG vs VCSH: Differences, Returns & Fees
MeasureFSIGVCSH
Return
Total return, 1 year+0.8%+1.3%
Benchmark
What it tracksNo index, actively managedBloomberg U.S. 1-5 Year Corporate Bond Index
Cost and size
Expense ratio0.44%0.03%
Net assets, FSIG as of Oct 27, 2026 and VCSH as of Sep 30, 2026$1.5bn$43.9bn
Holdings
Holdings in common6%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026. Method

Risk and return

Nov 26, 2021 to Oct 23, 2026 · 256 weekly returns
FSIG VCSH
Return
Total return edge Tie +13.2% +13.2%
Annualized edge Tie +2.6% +2.6%
Price return edge VCSH −7.5% −4.7%
Risk
Volatility edge Tie 2.8% 2.8%
Max drawdown edge FSIG −6.6% −8.2%
Downside capture 38.3% 98.3%
Beta 0.42 0.95
Risk-adjusted
Sharpe edge Tie −0.50 −0.50
Sortino edge Tie −0.68 −0.68
Treynor −0.034 −0.003
Calmar edge FSIG 0.39 0.31
Against the benchmark
Alpha +0.3% a year 0.0% a year
Alpha t-stat 0.48 −0.29
Information ratio 0.73 −0.06
Tracking error 3.7% 0.5%

Each against its own benchmark: FSIG against AGG, Nov 26, 2021 to Oct 23, 2026; VCSH against SCHJ, Oct 18, 2019 to Oct 23, 2026.

Reading

FSIG and VCSH returned about the same: +13.2% and +13.2%. FSIG and VCSH swung about the same: 2.8% and 2.8%. FSIG fell less at its worst: −6.6% to −8.2%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: FSIG vs VCSH: Differences, Returns & Fees
MeasureFSIGVCSHEdgeHow it is measured
Return
Total return+13.2%+13.2%TiePrice change plus distributions, reinvested.
Annualized+2.6%+2.6%TieTotal return as a yearly rate.
Price return−7.5%−4.7%VCSHPrice change alone, distributions left out.
Risk
Volatility2.8%2.8%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation2.1%2.1%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−6.6%−8.2%FSIGDeepest fall from a high to the low after it.
Upside capture45.9%98.3%Share of its benchmark's rise caught in the weeks it rose.
Downside capture38.3%98.3%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.420.95Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.770.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe−0.50−0.50TieReturn above Treasury bills per unit of volatility.
Sortino−0.68−0.68TieReturn above Treasury bills per unit of downside deviation.
Treynor−0.034−0.003Return above Treasury bills per unit of beta.
Calmar0.390.31FSIGAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkAGGSCHJThe ETF each fund is measured against.
Alpha+0.3% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.48−0.29Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.9% to +1.5%−0.4% to +0.3%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.73−0.06Return against its benchmark per unit of tracking error.
Tracking error3.7%0.5%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 256 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

6%

By the books each fund has filed, FSIG and VCSH hold 6% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first FSIG VCSH
BA 5.15 05/01/30, due May 1, 2030 0.43% 0.19%
CI 4.375 10/15/28, due Oct 15, 2028 0.20% 0.16%
BAC V5.202 04/25/29, due Apr 25, 2029 0.36% 0.16%
JPM V4.851 07/25/28, due Jul 25, 2028 0.69% 0.15%
GS V4.594 04/20/30, due Apr 20, 2030 0.38% 0.15%
C V4.542 09/19/30, due Sep 19, 2030 0.26% 0.14%
GS V4.516 01/21/32, due Jan 21, 2032 0.16% 0.13%
BAC V4.948 07/22/28 MTN, due Jul 22, 2028 0.66% 0.13%
JPM V4.347 01/22/32, due Jan 22, 2032 0.22% 0.12%
JPM V5.299 07/24/29, due Jul 24, 2029 0.23% 0.12%
JPM V5.012 01/23/30, due Jan 23, 2030 0.30% 0.12%
MS V5.656 04/18/30, due Apr 18, 2030 0.13% 0.12%
Only in one fund ↓
Only in FSIG
MSCI 4 11/15/29 144A, due Nov 15, 2029 1.50%
CRWD 3 02/15/29, due Feb 15, 2029 1.39%
Huntington Ingalls Industries, Inc. 0% CP 03/08/2026, due Aug 3, 2026 1.03%
Cencora Inc 0% CP 03/08/2026, due Aug 3, 2026 1.02%
BCULC 5.625 09/15/29 144A, due Sep 15, 2029 0.96%
CSUCN 5.158 02/16/29 144A, due Feb 16, 2029 0.86%
ABCSUP 4 01/15/28 144A, due Jan 15, 2028 0.71%
MEDIND 3.875 04/01/29 144A, due Apr 1, 2029 0.70%
Only in VCSH
US TREASURY N/B, due May 31, 2028 0.83%
BANK OF AMER CRP, due Dec 20, 2028 0.23%
ABBVIE INC, due Nov 21, 2029 0.21%
CVS HEALTH CORP, due Mar 25, 2028 0.20%
T-MOBILE USA INC, due Apr 15, 2030 0.19%
WELLS FARGO CO, due Jul 25, 2029 0.18%
JPMORGAN CHASE, due Apr 23, 2032 0.18%
PFIZER INVSTMNT, due May 19, 2028 0.17%
Check overlap with more funds →

Side by side

FSIG First Trust Limited Duration Investment Grade Corporate ETF VCSH Vanguard Short-Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index of Short-Term Corporate Bond
Total return, 1 year +0.8% +1.3%
Its benchmark over the same days −1.4% (AGG) +1.3% (SCHJ)
Gap to its benchmark +2.2 pts vs AGG 0.0 pts vs SCHJ
Expense ratio 0.44% 0.03%
Holdings 324 3064
Net assets, FSIG as of Oct 27, 2026 and VCSH as of Sep 30, 2026 $1.5bn $43.9bn

FSIG and VCSH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-52B85DB2C0

FSIG and VCSH are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FSIG follows No index, actively managed and VCSH follows Bloomberg U.S. 1-5 Year Corporate Bond Index.
  2. Holdings in common. 6% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. Number of holdings. FSIG holds 324 positions and VCSH holds 3064.

Data as of Oct 28, 2026.

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About each fund
FSIG

FSIG is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.44% a year.

VCSH

VCSH tracks an index of Short-Term Corporate Bond. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against +1.3% for its benchmark, the Bloomberg U.S. 1-5 Year Corporate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, FSIG or VCSH?
In the year to Oct 28, 2026, with distributions reinvested, FSIG returned +0.8% and VCSH +1.3%.
Which is cheaper, FSIG or VCSH?
VCSH is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, FSIG against VCSH, data as of Oct 28, 2026. https://etfiq.com/compare/any/fsig-vs-vcsh

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