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YLD vs VCSH

Principal Active High Yield ETF vs Vanguard Short-Term Corporate Bond Index Fund ETF Shares

YLD

Principal Active High Yield ETF

Principal Funds

Annual cost

0.39%

Fund size

$524M

VCSH

Vanguard Short-Term Corporate Bond Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$49.2B

Key differences

  • VCSH costs 0.36% less per year.
  • VCSH is significantly larger than YLD — larger funds tend to be more liquid and less likely to close.
  • YLD is classified as alternative, while VCSH is fixed income — different risk/return profiles.
  • YLD covers global markets; VCSH covers north america.
  • YLD follows a multi strategy strategy; VCSH uses index tracking.
  • Over the last 3 years, YLD has delivered higher annualized returns.
  • VCSH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

YLDVCSH
Annual cost (TER)0.39%0.03%
Fund size (AUM)$524M$49.2B
Since20152009
Dividend yield7.31%4.42%
Asset classalternativefixed income
Regionglobalnorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.3%+4.9%
CAGR 3Y+9.0%+5.5%
CAGR 5Y+5.2%+2.4%
Sharpe 3Y0.910.78
Volatility 1Y4.34%1.90%
Max drawdown-28.34%-12.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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