(VCSH) Short-Term Corporate Bond - Overview
Etf: Corporate Bonds, Investment-Grade, Short-Term, Fixed-Rate
Dividends
| Dividend Yield | 4.75% |
| Yield on Cost 5y | 4.89% |
| Yield CAGR 5y | 23.85% |
| Payout Consistency | 92.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 1.26% |
| Relative Tail Risk | -6.15% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.09 |
| Alpha | 2.16 |
| Character TTM | |
|---|---|
| Beta | 0.025 |
| Beta Downside | 0.008 |
| Drawdowns 3y | |
|---|---|
| Max DD | 1.32% |
| CAGR/Max DD | 4.45 |
Description: VCSH Short-Term Corporate Bond January 29, 2026
The Vanguard Short-Term Corporate Bond Index Fund ETF (NASDAQ: VCSH) tracks the Bloomberg U.S. 1-5 Year Corporate Bond Index, which consists of investment-grade, fixed-rate, taxable bonds issued by U.S. and non-U.S. industrial, utility, and financial firms with maturities between one and five years. By design, at least 80 % of the fund’s assets are held in securities that are constituents of that index.
As of 29 January 2026, VCSH reports an expense ratio of 0.04 % (one of the lowest in the short-term bond space), a weighted-average maturity of 2.8 years, and a 30-day SEC yield of 4.12 %. The portfolio’s credit quality remains high, with an average Moody’s rating of A-2 and sector exposure concentrated in financials (≈ 38 %), industrials (≈ 30 %), and utilities (≈ 12 %). Recent macro-economic drivers include the Federal Reserve’s policy rate at 5.25 % and a tightening of corporate credit spreads, which together shape the fund’s yield curve positioning.
For a deeper, data-driven assessment of how VCSH fits into a broader fixed-income strategy, you may find it useful to explore the analytical tools on ValueRay.
What is the price of VCSH shares?
Over the past week, the price has changed by +0.15%, over one month by +0.41%, over three months by +1.40% and over the past year by +6.62%.
Is VCSH a buy, sell or hold?
What are the forecasts/targets for the VCSH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 87.7 | 9.7% |
VCSH Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 40.69b USD (40.69b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 40.69b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 40.69b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.01% (E(40.69b)/V(40.69b) * Re(6.01%) + (debt-free company))
Discount Rate = 6.01% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)