Vanguard Multi-Sector Income Bond ETF

Vanguard Multi-Sector Income Bond ETF

About

Vanguard Multi-Sector Income Bond ETF (US9220207222) is a US-listed bond ETF tracking the Multisector Income Bond Composite Index. With a expense ratio of 0.3%, it is moderately priced, paying distributions. The fund holds 513 positions across 49 regions with 223M in assets, with heavy concentration — 50% 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 6.9 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.2 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 3.9
Diversification (45%) 6.2 Holding Count: 6.4 · Country Concentration: 7.4 · Sector Concentration: 3.6
Liquidity (25%) 6.5 Assets Under Management

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

Ticker VGMS
ISIN
Fund Size $223.1M
Issuer Vanguard
Distribution Pays Distributions
Replication
Inception Jun 2025
Base Currency USD
Index Multisector Income Bond Composite Index
Asset Class Bonds
Category Us Bond

Costs

8.2
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 0.30%

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%
 
Period Cumulative Return
1 Month +0.00%
3 Months +0.01%
6 Months -0.01%
1 Year +0.00%
3 Years
5 Years
10 Years
YTD -0.01%
Since Inception +0.00%

Holdings

6.4
This fund holds 513 individual investments, offering moderate diversification compared to other ETFs.
#1
5.75%
#2
TREASURY BILL
1.31%
#3
1.07%
#4
United States Treasury Note/Bond
0.90%
#5
0.88%
#6
Morgan Stanley Private Bank NA
0.87%
#7
Petroleos Mexicanos
0.72%
#8
United States Treasury Note/Bond
0.72%
#9
United States Treasury Note/Bond
0.65%
#10
BANK OF AMERICA CORP (FXD-FRN) MTN
0.57%
View all holdings (50)
# Holding Ticker Weight
1 TUU6 575.00%
2 TREASURY BILL 131.00%
3 USU6 107.00%
4 United States Treasury Note/Bond 90.00%
5 UXYU6 88.00%
6 Morgan Stanley Private Bank NA 87.00%
7 Petroleos Mexicanos PEMEX 72.00%
8 United States Treasury Note/Bond 72.00%
9 United States Treasury Note/Bond TNOTE 65.00%
10 BANK OF AMERICA CORP (FXD-FRN) MTN 57.00%
11 Dominican Republic International Bond DOMREP 57.00%
12 TransDigm Inc 53.00%
13 Saudi Government International Bond 53.00%
14 Capital One Financial Corp 52.00%
15 TYU6 48.00%
16 ZF North America Capital Inc 46.00%
17 CCO Holdings LLC / CCO Holdings Capital Corp CHTR 40.00%
18 Pacific Gas and Electric Co PCG 36.00%
19 Hawaiian Electric Co Inc 36.00%
20 TAKEOFF MERGER SUB INC 144A 36.00%
21 El Salvador Government International Bond 35.00%
22 Gates Corp/DE 34.00%
23 Novelis Corp HNDLIN 34.00%
24 Amcor Flexibles North America Inc 34.00%
25 Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 33.00%
26 Argentine Republic Government International Bond ARGENT 33.00%
27 Egypt Government International Bond EGYPT 33.00%
28 Carnival Corp 33.00%
29 Abu Dhabi Government International Bond 32.00%
30 Turkiye Government International Bond 32.00%
31 Foundry JV Holdco LLC 32.00%
32 Cleveland-Cliffs Inc 32.00%
33 Morocco Government International Bond 31.00%
34 Salesforce Inc 31.00%
35 Morgan Stanley Bank NA 31.00%
36 Argentine Republic Government International Bond ARGENT 30.00%
37 Studio City Finance Ltd 30.00%
38 Nissan Motor Acceptance Co LLC 30.00%
39 HCA INC 30.00%
40 CHENIERE ENERGY PARTNERS LP 144A 29.00%
41 SS&C Technologies Inc SSNC 29.00%
42 Opal Bidco SAS 28.00%
43 1261229 BC LTD 28.00%
44 Broadcom Inc 28.00%
45 Hewlett Packard Enterprise Co 28.00%
46 Takeoff Merger Sub Inc 28.00%
47 Block Inc 28.00%
48 INDONESIA (REPUBLIC OF) 27.00%
49 IQVIA INC 144A IQV 27.00%
50 TURKEY (REPUBLIC OF) 27.00%

Sectors

3.6
This fund is concentrated in just a few of its 11 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 4968.00%
Unknown 3236.00%
Government Bonds 1236.00%
Financials 210.00%
Consumer Discretionary 119.00%
Health Care 95.00%
Materials 75.00%
Consumer Staples 18.00%
Energy 17.00%
Utilities 16.00%
Technology 10.00%

Regions

7.4
This fund invests across 50 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United States 4770.00%
UNKNOWN 3241.00%
Canada 145.00%
Mexico 116.00%
Cayman Islands 110.00%
United Kingdom 103.00%
Türkiye 90.00%
Argentina 80.00%
Netherlands 76.00%
Switzerland 75.00%
Dominican Republic 75.00%
Indonesia 72.00%
Japan 70.00%
Bermuda 66.00%
MULT 64.00%
France 58.00%
Ireland 58.00%
Saudi Arabia 53.00%
Panama 52.00%
Morocco 40.00%
Denmark 38.00%
Hungary 38.00%
El Salvador 35.00%
Egypt 33.00%
United Arab Emirates 32.00%
British Virgin Islands 30.00%
Luxembourg 29.00%
Serbia 29.00%
Colombia 27.00%
Romania 23.00%
Ecuador 22.00%
South Africa 20.00%
Bahrain 18.00%
Benin 18.00%
Côte d’Ivoire 18.00%
Jordan 18.00%
Chile 17.00%
Ukraine 16.00%
Qatar 15.00%
Guatemala 13.00%
Peru 13.00%
Trinidad & Tobago 13.00%
Pakistan 10.00%
Australia 9.00%
China 9.00%
Italy 9.00%
Kenya 9.00%
Paraguay 9.00%
Bolivia 8.00%
Jersey 8.00%
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