Vanguard Target Maturity 2028 Corporate Bond ETF

Vanguard Target Maturity 2028 Corporate Bond ETF

About

Vanguard Target Maturity 2028 Corporate Bond ETF (US9219388090) is a US-listed bond ETF tracking the ICE 2028 Maturity US Corporate Constrained Index. With a expense ratio of 0.08%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 500 positions across 17 regions with 36M in assets, with heavy concentration — 78% in United States, 98% in corporate bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 6.2 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.1 Tracking Difference: 9.2 · TD Consistency: — · Expense Ratio: 8.9
Diversification (45%) 5.1 Holding Count: 6.4 · Country Concentration: 6.6 · Sector Concentration: 1.0
Liquidity (25%) 4.6 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VBCB
ISIN
Fund Size $36.3M
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Mar 2026
Base Currency USD
Index ICE 2028 Maturity US Corporate Constrained Index
Asset Class Bonds
Category Us Bond

Costs

9.1
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%
 
Metric Value
Expense Ratio 0.08%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months +0.00%
6 Months
1 Year
3 Years
5 Years
10 Years
YTD +0.00%
Since Inception +0.00%

Holdings

6.4
This fund holds 500 individual investments, offering moderate diversification compared to other ETFs.
#1
Wells Fargo & Co
0.85%
#2
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
0.78%
#3
CVS Health Corp
0.74%
#4
Bank of America Corp
0.71%
#5
Bank of America Corp
0.70%
#6
JPMorgan Chase & Co
0.69%
#7
Goldman Sachs Group Inc/The
0.64%
#8
Morgan Stanley
0.64%
#9
HSBC Holdings PLC
0.63%
#10
Morgan Stanley
0.63%
View all holdings (50)
# Holding Ticker Weight
1 Wells Fargo & Co WFC 85.00%
2 AerCap Ireland Capital DAC / AerCap Global Aviation Trust AER 78.00%
3 CVS Health Corp CVS 74.00%
4 Bank of America Corp BAC 71.00%
5 Bank of America Corp BAC 70.00%
6 JPMorgan Chase & Co JPM 69.00%
7 Goldman Sachs Group Inc/The GS 64.00%
8 Morgan Stanley MS 64.00%
9 HSBC Holdings PLC HSBC 63.00%
10 Morgan Stanley MS 63.00%
11 Amgen Inc AMGN 61.00%
12 Goldman Sachs Group Inc/The GS 60.00%
13 Global Payments Inc 58.00%
14 Salesforce Inc 58.00%
15 JPMorgan Chase & Co JPM 57.00%
16 Apple Inc AAPL 57.00%
17 Cigna Group/The CI 54.00%
18 Pfizer Inc PFE 51.00%
19 Wells Fargo & Co WFC 49.00%
20 Sumitomo Mitsui Financial Group Inc SUMIBK 48.00%
21 PNC Financial Services Group Inc/The PNC 48.00%
22 RTX Corp RTX 47.00%
23 Verizon Communications Inc VZ 47.00%
24 Citibank NA C 46.00%
25 American Express Co AXP 46.00%
26 Capital One Financial Corp COF 46.00%
27 National Australia Bank Ltd/New York NAB 45.00%
28 Pfizer Investment Enterprises Pte Ltd PFE 45.00%
29 Intel Corp INTC 45.00%
30 AT&T Inc T 43.00%
31 Citigroup Inc C 42.00%
32 Goldman Sachs Group Inc/The 42.00%
33 Toyota Motor Credit Corp 42.00%
34 LPL Holdings Inc LPLA 42.00%
35 Oracle Corp ORCL 41.00%
36 American Honda Finance Corp HNDA 41.00%
37 Charter Communications Operating LLC / Charter Communications Operating Capital CHTR 40.00%
38 Conagra Brands Inc CAG 40.00%
39 Enterprise Products Operating LLC EPD 40.00%
40 UnitedHealth Group Inc UNH 40.00%
41 Netflix Inc NFLX 39.00%
42 Southern California Edison Co EIX 39.00%
43 Amazon.com Inc 38.00%
44 Amazon.com Inc 38.00%
45 Comcast Corp CMCSA 38.00%
46 Ford Motor Credit Co LLC F 37.00%
47 Amcor Flexibles North America Inc 36.00%
48 John Deere Capital Corp 36.00%
49 Sprint Capital Corp S 36.00%
50 Deutsche Bank AG/New York NY DB 35.00%

Sectors

1.0
This fund is concentrated in just a few of its 3 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 9760.00%
Unknown 220.00%
Financials 20.00%

Regions

6.6
This fund invests across 18 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 7841.00%
United Kingdom 485.00%
Canada 434.00%
Japan 322.00%
UNKNOWN 220.00%
Australia 168.00%
Ireland 110.00%
Spain 79.00%
Germany 72.00%
Netherlands 64.00%
Switzerland 46.00%
Singapore 45.00%
Cayman Islands 38.00%
France 27.00%
MULT 18.00%
Isle of Man 11.00%
Luxembourg 11.00%
Austria 9.00%
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