VSGDX Performance — Vanguard Short-Term Federal Fund, Admiral Shares
Data updated: 2026-09-28
VSGDX returned +0.74% year to date and +3.29% over one year to Jul 2026. Annualised returns are +4.60% over 3 years and +1.68% over 5 years. The fund trailed its Short-Term Securitized Bond category average: $100 invested three years ago grew to $114, against $119 for the category, and to $103 over one year, against $105. Volatility over the past three years was 2.04% a year. In the 12 months to Jul 2026 the fund took in a net $109.0M, and assets reached $4.43B.
VSGDX Growth of $100
What $100 invested in Vanguard Short-Term Federal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Securitized Bond category average over the same months.
| Period | VSGDX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $114 | $119 |
| 5 years (Aug 2021 – Jul 2026) | $109 | $117 |
| Since data start (Aug 2019 – Jul 2026) | $115 | $126 |
VSGDX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.74% |
| 1 year | +3.29% |
| 3 years (annualised) | +4.60% |
| 5 years (annualised) | +1.68% |
VSGDX Annual Returns
Calendar-year total returns of Vanguard Short-Term Federal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.74% |
| 2025 | +5.93% |
| 2024 | +4.26% |
| 2023 | +3.91% |
| 2022 | −5.22% |
| 2021 | −0.49% |
| 2020 | +4.45% |
| 2019 (Aug–Dec) | +1.27% |
VSGDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +0.8% | −0.5% | +0.2% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| 2025 | +0.5% | +1.0% | +0.5% | +0.8% | −0.2% | +0.8% | −0.1% | +1.0% | +0.3% | +0.3% | +0.6% | +0.2% |
| 2024 | +0.5% | −0.5% | +0.5% | −0.7% | +0.9% | +0.6% | +1.4% | +1.0% | +0.9% | −0.9% | +0.5% | 0.0% |
| 2023 | +1.2% | −1.2% | +1.3% | +0.4% | −0.3% | −0.6% | +0.3% | +0.3% | −0.5% | +0.1% | +1.4% | +1.5% |
| 2022 | −0.8% | −0.5% | −1.6% | −0.9% | +0.8% | −0.8% | +0.6% | −1.0% | −1.6% | −0.5% | +0.9% | 0.0% |
| 2021 | +0.1% | 0.0% | −0.3% | +0.2% | +0.1% | −0.1% | +0.2% | −0.1% | −0.1% | −0.4% | 0.0% | −0.2% |
| 2020 | +0.7% | +1.0% | +0.7% | +0.2% | +0.5% | +0.4% | +0.1% | +0.2% | +0.1% | 0.0% | +0.2% | +0.2% |
| 2019 | — | — | — | — | — | — | — | +1.0% | −0.2% | +0.3% | 0.0% | +0.2% |
VSGDX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.04%
- 3-year Sharpe ratio: 0.05 (vs 4.5% risk-free rate)
- Best month: +1.50% (Dec 2023)
- Worst month: −0.88% (Oct 2024)
VSGDX Fund Flows
Monthly money in and out of Vanguard Short-Term Federal Fund, from SEC Form N-PORT.
- 12-month net flow: $109.0M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 1.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $70.5M | $74.1M | −$3.6M |
| Jun 2026 | $112.6M | $124.6M | −$12.0M |
| May 2026 | $91.8M | $79.5M | $12.2M |
| Apr 2026 | $72.5M | $78.3M | −$5.8M |
| Mar 2026 | $97.9M | $88.6M | $9.3M |
| Feb 2026 | $84.9M | $69.8M | $15.1M |
| Jan 2026 | $103.8M | $93.9M | $9.9M |
| Dec 2025 | $176.9M | $91.9M | $85.0M |
| Nov 2025 | $94.4M | $93.3M | $1.1M |
| Oct 2025 | $87.2M | $81.7M | $5.6M |
| Sep 2025 | $69.5M | $72.0M | −$2.5M |
| Aug 2025 | $72.6M | $77.8M | −$5.2M |
VSGDX Assets Under Management
Net assets of Vanguard Short-Term Federal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.43B |
| 2026-04-30 | $4.48B |
| 2026-01-31 | $4.49B |
| 2025-10-31 | $4.39B |
| 2025-07-31 | $4.36B |
| 2025-04-30 | $4.40B |
| 2025-01-31 | $4.35B |
| 2024-10-31 | $4.41B |
| 2024-07-31 | $4.60B |
| 2024-04-30 | $4.61B |
| 2024-01-31 | $4.85B |
| 2023-10-31 | $4.96B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.