Vanguard Target Maturity 2036 Corporate Bond ETF

Vanguard Target Maturity 2036 Corporate Bond ETF

About

Vanguard Target Maturity 2036 Corporate Bond ETF (US9219388173) is a US-listed bond ETF tracking the ICE 2036 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 169 positions across 11 regions with 9M 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 5.5 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.1 Tracking Difference: 9.2 · TD Consistency: — · Expense Ratio: 8.9
Diversification (45%) 4.4 Holding Count: 4.5 · Country Concentration: 6.0 · Sector Concentration: 1.3
Liquidity (25%) 3.1 Assets Under Management

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

Ticker VBCJ
ISIN
Fund Size $9.1M
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Mar 2026
Base Currency USD
Index ICE 2036 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

4.5
With only 169 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Amazon.com Inc
3.01%
#2
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc
2.63%
#3
Oracle Corp
2.42%
#4
Salesforce Inc
2.30%
#5
Goldman Sachs Group Inc/The
2.22%
#6
Alphabet Inc
2.14%
#7
Morgan Stanley
1.98%
#8
Abbott Laboratories
1.86%
#9
Bank of America Corp
1.80%
#10
Wells Fargo & Co
1.66%
View all holdings (50)
# Holding Ticker Weight
1 Amazon.com Inc 301.00%
2 Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc ABIBB 263.00%
3 Oracle Corp 242.00%
4 Salesforce Inc 230.00%
5 Goldman Sachs Group Inc/The 222.00%
6 Alphabet Inc 214.00%
7 Morgan Stanley 198.00%
8 Abbott Laboratories 186.00%
9 Bank of America Corp 180.00%
10 Wells Fargo & Co 166.00%
11 Honeywell Aerospace Inc 162.00%
12 JPMorgan Chase & Co 149.00%
13 JPMorgan Chase & Co 149.00%
14 HSBC Holdings PLC 148.00%
15 Broadcom Inc AVGO 120.00%
16 Novartis Capital Corp 113.00%
17 Telefonica Emisiones SA TELEFO 112.00%
18 Verizon Communications Inc 111.00%
19 Broadcom Inc 111.00%
20 Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 100.00%
21 Eaton Corp 99.00%
22 Occidental Petroleum Corp OXY 93.00%
23 Abbott Laboratories ABT 90.00%
24 Berkshire Hathaway Energy Co BRKHEC 89.00%
25 Amgen Inc 87.00%
26 Microsoft Corp MSFT 80.00%
27 Amphenol Corp 77.00%
28 Enterprise Products Operating LLC 76.00%
29 Bank of America NA BAC 76.00%
30 Barclays PLC 76.00%
31 ING Groep NV 75.00%
32 Cigna Group/The 75.00%
33 Capital One Financial Corp 75.00%
34 Royal Caribbean Cruises Ltd 74.00%
35 AbbVie Inc 74.00%
36 Mitsubishi UFJ Financial Group Inc 74.00%
37 JEFFERIES FINANCIAL GROUP INC MTN 72.00%
38 Thermo Fisher Scientific Inc 65.00%
39 EOG Resources Inc 64.00%
40 Broadcom Inc 63.00%
41 AT&T Inc 63.00%
42 Virginia Electric and Power Co 63.00%
43 Williams Cos Inc/The 63.00%
44 JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings 63.00%
45 Apple Inc AAPL 63.00%
46 General Motors Co GM 62.00%
47 Dell International LLC / EMC Corp 62.00%
48 Verizon Communications Inc VZ 60.00%
49 General Electric Co 57.00%
50 Sumitomo Mitsui Financial Group Inc 57.00%

Sectors

1.3
This fund is concentrated in just a few of its 7 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 9626.00%
Financials 223.00%
Utilities 42.00%
Consumer Staples 35.00%
Materials 33.00%
Industrials 21.00%
Unknown 20.00%

Regions

6.0
This fund invests across 12 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 8725.00%
United Kingdom 340.00%
Netherlands 214.00%
Japan 167.00%
Canada 164.00%
Spain 156.00%
Liberia 74.00%
Cayman Islands 48.00%
Ireland 39.00%
Luxembourg 28.00%
Australia 25.00%
UNKNOWN 20.00%
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