Which returned more over the last year, VCSH or VTIP?

In the year to Oct 28, 2026, with distributions reinvested, VCSH returned +1.3% and VTIP +2.2%.

Which is cheaper, VCSH or VTIP?

Neither: VCSH and VTIP both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VCSH vs VTIP: Differences, Returns & Fees

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VCSH's duration was 2.7 years on May 31, 2026 and VTIP's 2.3 on Jun 30, 2026; both charge 0.03%.

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Net assets on Sep 30, 2026: $43.9bn for Vanguard Short-Term Corporate Bond ETF and $20.9bn for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

VCSH on its own →VTIP on its own →

At a glance

+1.3%

VCSH total return, 1 year

+2.2%

VTIP total return, 1 year

0.03%

VCSH expense ratio

0.03%

VTIP expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 0.9 points; VCSH is 2.1 times larger.

Points (pts) are percentage points.

VCSH vs VTIP: Differences, Returns & Fees
Measure	VCSH	VTIP
Return
Measure	VCSH	VTIP
Total return, 1 year	+1.3%	+2.2%
Benchmark
Measure	VCSH	VTIP
What it tracks	Bloomberg U.S. 1-5 Year Corporate Bond Index	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Measure	VCSH	VTIP
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$43.9bn	$20.9bn
Holdings
Measure	VCSH	VTIP
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method

Risk and return

Oct 26, 2012 to Oct 23, 2026 · 730 weekly returns

VCSH VTIP

Return

Total return edge VCSH +40.1% +35.7%

Annualized edge VCSH (slight) +2.4% +2.2%

Price return edge VTIP −3.7% −2.1%

Risk

Volatility edge VTIP 3.8% 2.3%

Max drawdown edge VTIP −11.3% −5.5%

Risk-adjusted

Sharpe edge VCSH (slight) 0.17 0.17

Sortino edge VCSH (slight) 0.24 0.22

Calmar edge VTIP 0.22 0.40

Reading

VCSH returned more: +40.1% to +35.7%. VTIP swung less: 2.3% to 3.8%. VTIP fell less at its worst: −5.5% to −11.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VCSH vs VTIP: Differences, Returns & Fees
Measure	VCSH	VTIP	Edge	How it is measured
Return
Total return	+40.1%	+35.7%	VCSH	Price change plus distributions, reinvested.
Annualized	+2.4%	+2.2%	VCSH (slight)	Total return as a yearly rate.
Price return	−3.7%	−2.1%	VTIP	Price change alone, distributions left out.
Risk
Volatility	3.8%	2.3%	VTIP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.7%	1.7%	VTIP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−11.3%	−5.5%	VTIP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.17	0.17	VCSH (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.24	0.22	VCSH (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.22	0.40	VTIP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 730 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, VCSH and VTIP hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VCSH VTIP

Only in one fund ↓

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%

BOEING CO, due May 1, 2030 0.19%

WELLS FARGO CO, due Jul 25, 2029 0.18%

JPMORGAN CHASE, due Apr 23, 2032 0.18%

Only in VTIP

TSY INFL IX N/B, due Oct 15, 2030 5.39%

TSY INFL IX N/B, due Oct 15, 2029 5.33%

TSY INFL IX N/B, due Apr 15, 2030 5.30%

TSY INFL IX N/B, due Apr 15, 2029 5.14%

TSY INFL IX N/B, due Oct 15, 2028 4.97%

TSY INFL IX N/B, due Oct 15, 2026 4.83%

TSY INFL IX N/B, due Oct 15, 2027 4.83%

TSY INFL IX N/B, due Apr 15, 2027 4.74%

Check overlap with more funds →

Side by side

VCSH Vanguard Short-Term Corporate Bond ETF VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Where it sits Bond ETF Bond ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Short-Term Corporate Bond Tracks an index of Short-Term Inflation-Protected Securities

Total return, 1 year +1.3% +2.2%

Its benchmark over the same days +1.3% (SCHJ) not measured

Gap to its benchmark 0.0 pts vs SCHJ not measured

Expense ratio 0.03% 0.03%

Holdings 3064 26

Net assets, as of Sep 30, 2026 $43.9bn $20.9bn

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

Client brief · page 1 of 2 Report BR-6BB7D8EA7D

VCSH and VTIP do different jobs. What does each one do in a portfolio?

What each follows. VCSH follows Bloomberg U.S. 1-5 Year Corporate Bond Index and VTIP follows Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
Number of holdings. VCSH holds 3,064 positions and VTIP holds 26.

Data as of Oct 28, 2026.

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About each fund

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.

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested.

Questions people ask

Which returned more over the last year, VCSH or VTIP?: In the year to Oct 28, 2026, with distributions reinvested, VCSH returned +1.3% and VTIP +2.2%.
Which is cheaper, VCSH or VTIP?: Neither: VCSH and VTIP both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs VCSH BINC vs VCSH EMB vs VCSH VCSH vs VGSH BSV vs VTIP IGSB vs VTIP SPSB vs VTIP AGG vs VTIP

Where to next

VCSH on its own →VTIP on its own →Hold both: look the portfolio through →Rankings →VCSH dividend history →VCSH holdings →VTIP dividend history →VTIP holdings →Standards and sources →

Sources and dates

VCSH filings on SEC EDGAR ↗

VCSH prospectus with the expense ratio (SEC) ↗

Vanguard page for VCSH ↗

VTIP filings on SEC EDGAR ↗

VTIP prospectus with the expense ratio (SEC) ↗

Vanguard page for VTIP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, VCSH against VTIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/vcsh-vs-vtip

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.