Vanguard Target Maturity 2031 Corporate Bond ETF

Vanguard Target Maturity 2031 Corporate Bond ETF

About

Vanguard Target Maturity 2031 Corporate Bond ETF (US9219388660) is a US-listed bond ETF tracking the ICE 2031 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 467 positions across 18 regions with 36M in assets, with heavy concentration — 87% in United States, 96% 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 6.1 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.1 Tracking Difference: 9.2 · TD Consistency: — · Expense Ratio: 8.9
Diversification (45%) 4.9 Holding Count: 6.3 · Country Concentration: 6.0 · Sector Concentration: 1.3
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 VBCE
ISIN
Fund Size $36.4M
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Mar 2026
Base Currency USD
Index ICE 2031 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 -0.01%
3 Months +0.00%
6 Months
1 Year
3 Years
5 Years
10 Years
YTD +0.00%
Since Inception +0.00%

Holdings

6.3
This fund holds 467 individual investments, offering moderate diversification compared to other ETFs.
#1
Morgan Stanley
1.33%
#2
JPMorgan Chase & Co
1.21%
#3
Goldman Sachs Group Inc/The
1.14%
#4
Bank of America Corp
0.95%
#5
Bank of America Corp
0.89%
#6
Amazon.com Inc
0.88%
#7
Oracle Corp
0.85%
#8
HSBC Holdings PLC
0.74%
#9
Amazon.com Inc
0.71%
#10
Alphabet Inc
0.69%
View all holdings (50)
# Holding Ticker Weight
1 Morgan Stanley MS 133.00%
2 JPMorgan Chase & Co JPM 121.00%
3 Goldman Sachs Group Inc/The 114.00%
4 Bank of America Corp BAC 95.00%
5 Bank of America Corp BAC 89.00%
6 Amazon.com Inc AMZN 88.00%
7 Oracle Corp ORCL 85.00%
8 HSBC Holdings PLC HSBC 74.00%
9 Amazon.com Inc 71.00%
10 Alphabet Inc 69.00%
11 Citigroup Inc C 66.00%
12 Orange SA ORAFP 63.00%
13 Ford Motor Co F 60.00%
14 Verizon Communications Inc VZ 59.00%
15 T-Mobile USA Inc TMUS 59.00%
16 Cisco Systems Inc 59.00%
17 Goldman Sachs Group Inc/The GS 59.00%
18 Walt Disney Co/The DIS 58.00%
19 Oracle Corp 57.00%
20 AbbVie Inc 57.00%
21 Apple Inc AAPL 56.00%
22 AT&T Inc 55.00%
23 Salesforce Inc 53.00%
24 Broadcom Inc 53.00%
25 Merck & Co Inc MRK 51.00%
26 Ally Financial Inc ALLY 49.00%
27 General Motors Financial Co Inc 48.00%
28 Goldman Sachs Group Inc/The GS 47.00%
29 Salesforce Inc CRM 47.00%
30 Verizon Communications Inc VZ 46.00%
31 JPMorgan Chase & Co JPM 46.00%
32 Broadcom Inc 45.00%
33 Bank of America Corp BAC 45.00%
34 UnitedHealth Group Inc UNH 44.00%
35 CVS Health Corp 44.00%
36 PNC Financial Services Group Inc/The 42.00%
37 Goldman Sachs Group Inc/The GS 42.00%
38 AT&T Inc T 41.00%
39 TOYOTA MOTOR CORPORATION TOYOTA 40.00%
40 MORGAN STANLEY MTN 40.00%
41 HSBC Holdings PLC HSBC 40.00%
42 Mercedes-Benz Finance North America LLC MBGGR 39.00%
43 JPMorgan Chase & Co JPM 39.00%
44 Home Depot Inc/The 39.00%
45 Barclays PLC BACR 38.00%
46 Centene Corp CNC 37.00%
47 JPMorgan Chase & Co 37.00%
48 Truist Financial Corp 37.00%
49 HCA Inc HCA 37.00%
50 BAT Capital Corp BATSLN 37.00%

Sectors

1.3
This fund is concentrated in just a few of its 8 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 9635.00%
Financials 215.00%
Consumer Discretionary 72.00%
Unknown 29.00%
Government Bonds 16.00%
Consumer Staples 11.00%
Energy 11.00%
Materials 11.00%

Regions

6.0
This fund invests across 19 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 8733.00%
Japan 283.00%
United Kingdom 272.00%
Canada 227.00%
France 63.00%
Cayman Islands 56.00%
Netherlands 53.00%
Ireland 46.00%
Spain 43.00%
Germany 37.00%
MULT 30.00%
UNKNOWN 29.00%
Austria 25.00%
Australia 25.00%
Singapore 22.00%
Switzerland 18.00%
Luxembourg 18.00%
Bermuda 10.00%
Brazil 10.00%
Feedback
ETFs
Basket
Compare