Vanguard Short-Term Corporate Bond ETF

Vanguard Short-Term Corporate Bond ETF

About

Vanguard Short-Term Corporate Bond ETF (US92206C4096) is a US-listed bond ETF tracking the Bloomberg US 1-5 Yr Corporate Index. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 502 positions across 14 regions with 43.5B in assets, with heavy concentration — 41% 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 7.6 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 8.9 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 5.2 Holding Count: 6.4 · Country Concentration: 6.4 · Sector Concentration: 1.4
Liquidity (25%) 10.0 Assets Under Management

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

Ticker VCSH
ISIN
Fund Size $43.5B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Nov 2009
Base Currency USD
Index Bloomberg US 1-5 Yr Corporate 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%
 
Metric Value
Expense Ratio 0.03%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.00%
3 Months -0.01%
6 Months -0.01%
1 Year -0.01%
3 Years +0.04%
5 Years -0.05%
10 Years -0.02%
YTD -0.01%
Since Inception -0.02%

Holdings

6.4
This fund holds 502 individual investments, offering moderate diversification compared to other ETFs.
#1
TREASURY NOTE (OTR)
0.37%
#2
Bank of America Corp
0.23%
#3
AbbVie Inc
0.21%
#4
CVS Health Corp
0.20%
#5
Amazon.com Inc
0.19%
#6
T-Mobile USA Inc
0.19%
#7
Boeing Co/The
0.19%
#8
JPMORGAN CHASE & CO MTN
0.18%
#9
Wells Fargo & Co
0.18%
#10
Pfizer Investment Enterprises Pte Ltd
0.17%
View all holdings (50)
# Holding Ticker Weight
1 TREASURY NOTE (OTR) 37.00%
2 Bank of America Corp BAC 23.00%
3 AbbVie Inc ABBV 21.00%
4 CVS Health Corp CVS 20.00%
5 Amazon.com Inc 19.00%
6 T-Mobile USA Inc TMUS 19.00%
7 Boeing Co/The BA 19.00%
8 JPMORGAN CHASE & CO MTN 18.00%
9 Wells Fargo & Co WFC 18.00%
10 Pfizer Investment Enterprises Pte Ltd PFE 17.00%
11 Amgen Inc AMGN 17.00%
12 Cigna Group/The CI 16.00%
13 AerCap Ireland Capital DAC / AerCap Global Aviation Trust AER 16.00%
14 Bank of America Corp BAC 16.00%
15 Bank of America Corp BAC 16.00%
16 JPMorgan Chase & Co JPM 15.00%
17 Citigroup Inc C 15.00%
18 Morgan Stanley MS 15.00%
19 GOLDMAN SACHS GROUP INC (FXD-FRN) 15.00%
20 Oracle Corp 15.00%
21 MORGAN STANLEY MTN 15.00%
22 WELLS FARGO & COMPANY MTN 15.00%
23 Bank of America Corp BAC 14.00%
24 Bank of America Corp BAC 14.00%
25 Wells Fargo & Co 14.00%
26 Citigroup Inc 14.00%
27 JPMorgan Chase & Co JPM 14.00%
28 Morgan Stanley MS 14.00%
29 Deutsche Telekom International Finance BV DT 14.00%
30 Verizon Communications Inc VZ 14.00%
31 Morgan Stanley 14.00%
32 Amazon.com Inc AMZN 14.00%
33 Citigroup Inc 14.00%
34 Wells Fargo & Co WFC 13.00%
35 Morgan Stanley MS 13.00%
36 Bank of America Corp BAC 13.00%
37 Goldman Sachs Group Inc/The 13.00%
38 Morgan Stanley Private Bank NA 13.00%
39 Bank of America Corp 13.00%
40 JPMorgan Chase & Co 13.00%
41 JPMorgan Chase & Co 13.00%
42 HSBC Holdings PLC HSBC 13.00%
43 Bank of America Corp BAC 13.00%
44 Goldman Sachs Group Inc/The 13.00%
45 Amgen Inc AMGN 13.00%
46 Bank of America Corp BAC 13.00%
47 International Business Machines Corp IBM 13.00%
48 Comcast Corp CMCSA 13.00%
49 GOLDMAN SACHS GROUP INC/THE 13.00%
50 Morgan Stanley MS 13.00%

Sectors

1.4
This fund is concentrated in just a few of its 5 sectors, reducing diversification.
 
Sector Weight
Unknown 5740.00%
Corporate Bonds 4071.00%
Financials 146.00%
Government Bonds 37.00%
Health Care 6.00%

Regions

6.4
This fund invests across 15 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
UNKNOWN 5740.00%
United States 3485.00%
United Kingdom 281.00%
Canada 148.00%
Japan 116.00%
Spain 46.00%
Germany 40.00%
Ireland 35.00%
Singapore 25.00%
France 23.00%
Netherlands 21.00%
Australia 13.00%
Cayman Islands 13.00%
Luxembourg 8.00%
Austria 6.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
9.8%
Volatility
-2.0%
Max Drawdown
2.43
Sharpe Ratio
3.88
Sortino Ratio
11.93
Calmar Ratio
0.17
Beta
-5.38%
Alpha (Jensen's)
0.145
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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