Vanguard Ultra-Short Bond ETF
About
Vanguard Ultra-Short Bond ETF (US92203C3034) is a US-listed bond ETF tracking the Bloomberg US Treas Bellwether:1Yr. With a expense ratio of 0.1%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 506 positions across 20 regions with 8.8B in assets, with heavy concentration — 38% 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 | 7.9 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 8.9 | Tracking Difference: 9.3 · TD Consistency: — · Expense Ratio: 8.1 |
| Diversification (45%) | 6.1 | Holding Count: 6.4 · Country Concentration: 6.9 · Sector Concentration: 4.1 |
| Liquidity (25%) | 10.0 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
Costs
8.9 This fund has low total costs, with competitive tracking and expense ratios.
Expense Ratio0.00%
Expense Ratio0.00%
| Metric | Value |
|---|---|
| Expense Ratio | 0.10% |
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%
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 | +0.00% |
| 6 Months | +0.00% |
| 1 Year | +0.00% |
| 3 Years | +0.01% |
| 5 Years | -0.01% |
| 10 Years | — |
| YTD | -0.01% |
| Since Inception | -0.01% |
Holdings
6.4 This fund holds 506 individual investments, offering moderate diversification compared to other ETFs.
View all holdings (50)
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TREASURY BILL | 521.00% | |
| 2 | United States Treasury Note/Bond | 72.00% | |
| 3 | PNC FINANCIAL SERVICES (FXD-FRN) | 63.00% | |
| 4 | US Bancorp | USB | 54.00% |
| 5 | Truist Bank | 48.00% | |
| 6 | 47.00% | ||
| 7 | Tyson Foods Inc | TSN | 46.00% |
| 8 | UBS GROUP AG 144A | 44.00% | |
| 9 | BANK OF MONTR FRN Sep28 | 43.00% | |
| 10 | 43.00% | ||
| 11 | National Bank of Canada | 41.00% | |
| 12 | TOYOTA MTR CR FRN Sep28 | 40.00% | |
| 13 | Bank of America Corp | BAC | 39.00% |
| 14 | 39.00% | ||
| 15 | NTT Finance Corp | 38.00% | |
| 16 | Goldman Sachs Group Inc/The | 38.00% | |
| 17 | Mercedes-Benz Finance North America LLC | 37.00% | |
| 18 | Equitable Holdings Inc | EQH | 36.00% |
| 19 | AMERICAN HOND FRN Dec26 | 36.00% | |
| 20 | UBS GROUP AG (FRN) 144A | 34.00% | |
| 21 | Cheniere Corpus Christi Holdings LLC | CHCOCH | 34.00% |
| 22 | 33.00% | ||
| 23 | CANADIAN IMPERIAL (FX-FRN) | 33.00% | |
| 24 | Intel Corp | INTC | 33.00% |
| 25 | Extra Space Storage LP | EXR | 33.00% |
| 26 | 33.00% | ||
| 27 | CAN IMPERIAL FRN Jan30 | 32.00% | |
| 28 | NatWest Group PLC | NWG | 32.00% |
| 29 | Digital Realty Trust LP | DLR | 31.00% |
| 30 | Goldman Sachs Group Inc/The | GS | 31.00% |
| 31 | PNC FINANCIAL SERVICES GROUP INC ( | PNC | 30.00% |
| 32 | BANK NOVA SCO FRN Feb29 | 30.00% | |
| 33 | HUNTINGTON NA FRN Apr28 | 30.00% | |
| 34 | Citizens Bank NA/Providence RI | 30.00% | |
| 35 | Wells Fargo & Co | 30.00% | |
| 36 | US Bank NA/Cincinnati OH | 29.00% | |
| 37 | ATHENE GLOBAL FUNDING MTN 144A | 29.00% | |
| 38 | Jefferies Financial Group Inc MTN | 29.00% | |
| 39 | Expedia Group Inc | EXPE | 29.00% |
| 40 | GLENCORE FUNDING LLC 144A | 29.00% | |
| 41 | Omega Healthcare Investors Inc | OHI | 28.00% |
| 42 | Banco Santander SA | SANTAN | 28.00% |
| 43 | Sabine Pass Liquefaction LLC | SPLLLC | 27.00% |
| 44 | Corebridge Financial Inc | CRBG | 27.00% |
| 45 | BRCOL | 27.00% | |
| 46 | DTE Energy Co | 27.00% | |
| 47 | Lloyds Banking Group PLC | LLOYDS | 27.00% |
| 48 | NTT Finance Corp | 27.00% | |
| 49 | BANK OF NY ME FRN Jul28 | 27.00% | |
| 50 | JPMORGAN CHAS FRN Oct28 | 26.00% |
Sectors
4.1 This fund is concentrated in just a few of its 10 sectors, reducing diversification.
| Sector | Weight |
|---|---|
| Unknown | 4526.00% |
| Corporate Bonds | 3761.00% |
| Financials | 794.00% |
| Government Bonds | 694.00% |
| Consumer Discretionary | 150.00% |
| Health Care | 34.00% |
| Industrials | 12.00% |
| Materials | 11.00% |
| Technology | 10.00% |
| Utilities | 8.00% |
Regions
6.9 This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.
| Country | Weight |
|---|---|
| UNKNOWN | 4535.00% |
| United States | 4106.00% |
| Canada | 462.00% |
| United Kingdom | 304.00% |
| Japan | 149.00% |
| Spain | 64.00% |
| Ireland | 50.00% |
| France | 42.00% |
| Oman | 38.00% |
| Denmark | 34.00% |
| Germany | 33.00% |
| Netherlands | 31.00% |
| South Africa | 29.00% |
| Switzerland | 27.00% |
| Luxembourg | 19.00% |
| Australia | 18.00% |
| Mexico | 17.00% |
| Cayman Islands | 16.00% |
| Chile | 9.00% |
| Türkiye | 9.00% |
| Dominican Republic | 8.00% |
Nerd Stuff
Advanced risk and return metrics (2023-06-30 — 2026-06-18).
3.4%
Volatility
-0.8%
Max Drawdown
1.17
Sharpe Ratio
1.81
Sortino Ratio
5.06
Calmar Ratio
0.14
Beta
-5.95%
Alpha (Jensen's)
0.081
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
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