
Vanguard Short-Term Treasury ETF
$57.73−0.01 (−0.02%)
- 0.03%
- $39.6B
- +2.2%
- 3.76%
- 4.82M sh
- low $57.38high $59.01
The ETF.net VGSH Grade
Score 80 out of 100
- 2 of 15
Score 80 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A89 out of 100Rank 1 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 12 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 3 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 4 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A93 out of 100Rank 1 of 15
Our read on VGSH
In short
APlain one-to-three-year Treasuries for three basis points, running since 2009. No credit story, no active twist: VGSH owns the short end of the government curve and charges about as little as this category allows.
Stated mandate
The fund seeks to track a market-weighted Treasury index with a short-term dollar-weighted average maturity.
Why people hold it
Worth knowing
VGSH Holdings
- Bonds
- 95
- 14%
- United States Treasury Note/Bond 3.50% 01/31/2028
Geography
- United States100.00%
VGSH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VGSH |
|---|---|
| Year to date | +1.4% |
| 1 month | +1.0% |
| 3 months | +0.6% |
| 1 year | +2.2% |
| 3 years | +4.2% |
| 5 years | +2.1% |
| 10 years | +1.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VGSH |
|---|---|---|
| 2026 YTD | +1.4% | |
| 2025 | +5.1% | |
| 2024 | +4.0% | |
| 2023 | +4.3% |
VGSH in the news
VGSH Dividends
- 3.76%
- $2.18
- $0.18 per share
- Monthly
Distribution history
VGSH Risk
- 1.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −5.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
VGSH Cost
Tied cheapest in Treasuries (1-3 Year)
$638
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
VGSH 0.03%
$638
Cost over time
Year by year
| Year | VGSH |
|---|---|
| 10 | $55 |
| 20 | $216 |
| 30 | $638 |
Other funds in Treasuries (1-3 Year)
- ASPTSState Street SPDR Portfolio Short Term Treasury ETFExpense ratio 0.03%1 year return +2.2%
- ASCHOSchwab Short-Term U.S. Treasury ETFExpense ratio 0.03%1 year return +2.2%
- ABBSBJPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETFExpense ratio 0.04%1 year return +2.2%
- BBOXXAlpha Architect 1-3 Month Box ETFExpense ratio 0.19%1 year return +4.1%
- BXTWOBondBloxx Bloomberg Two Year Target Duration US Treasury ETFExpense ratio 0.05%1 year return +2.0%




