Vanguard Ultra-Short Treasury ETF

Vanguard Ultra-Short Treasury ETF

About

Vanguard Ultra-Short Treasury ETF (US9220408523) is a US-listed bond ETF tracking the Bloomberg Short Treasury Index. With a expense ratio of 0.07%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 90 positions across 1 region with 991M in assets, with heavy concentration — 100% in United States, 64% in cash & equivalents.

ISIN
Fund Size $991.3M
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Feb 2025
Base Currency USD
Index Bloomberg Short Treasury Index
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

3.4
With only 90 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
United States Treasury Bill
3.82%
#2
United States Treasury Bill
3.31%
#3
United States Treasury Bill
3.24%
#4
United States Treasury Bill
2.61%
#5
United States Treasury Bill
2.61%
#6
United States Treasury Bill
2.58%
#7
United States Treasury Bill
2.56%
#8
United States Treasury Bill
2.53%
#9
United States Treasury Bill
2.50%
#10
United States Treasury Bill
2.50%

Sectors

3.8
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.

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