All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

VGSH: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

VGSH real return snapshot: after CPI-U inflation, VGSH returned −0.39% over the past year and −2.57% YTD, with dividends reinvested. Since Nov. 23, 2009, VGSH is down −18.52% in real purchasing-power return, or −1.23%/yr, and is currently −19.42% below its real total-return high on Oct. 8, 2010.

Mon 2009-11-23? to Fri 2026-05-22 YTD
Return 		1 Year
Return
VGSH × 		−2.57%
2026-05-22 		−0.39%
2026-05-22
Vanguard Short-Term Treasury Index Fund ETF Shares NASDAQ Exchange-Traded Fund

Returns

Mon 2009-11-23? to Fri 2026-05-22 Overall
Return 		Exponential
Trendline
VGSH × 		−18.52%
−1.23%/yr 		−1.39%/yr
(R2=0.769)
Vanguard Short-Term Treasury Index Fund ETF Shares NASDAQ Exchange-Traded Fund

Growth of $10,000

Mon 2009-11-23? to Fri 2026-05-22 Start
Value 		End
Value
VGSH × 		$10,000.00
2009-11-23 		$8,148.44
2026-05-22
Vanguard Short-Term Treasury Index Fund ETF Shares NASDAQ Exchange-Traded Fund

Annual Returns

Year VGSH
2026 (YTD) −2.57%
2025 +2.34%
2024 +1.10%
2023 +0.93%
2022 −9.70%
2021 −7.13%
2020 +1.66%
2019 +1.21%
2018 −0.35%
2017 −2.04%
2016 −0.95%
2015 −0.22%
2014 −0.29%
2013 −1.16%
2012 −1.33%
2011 −1.46%
2010 +0.78%
2009 −0.36%

Drawdowns

Mon 2009-11-23? to Fri 2026-05-22 Current
Drawdown 		Worst
Drawdown
VGSH × 		−19.42%
from 2010-10-08 peak 		−22.46%
2023-09-27
from 2010-10-08 peak
Vanguard Short-Term Treasury Index Fund ETF Shares NASDAQ Exchange-Traded Fund

Rolling Returns

Period ending Fri 2026-05-22 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
VGSH × 		−0.39% +2.67%
+1.33%/yr 		+2.51%
+0.83%/yr 		−12.09%
−2.54%/yr 		−14.53%
−1.56%/yr
Vanguard Short-Term Treasury Index Fund ETF Shares NASDAQ Exchange-Traded Fund