Vanguard Ultra-Short Bond ETF

Vanguard · Tracks (actively managed — no index) · Inception Apr 6, 2021

Expense ratio
0.10%
10.0 bps
Net assets
$8.94B
TTM yield
4.35%
Last price
$49.70
as of Jul 15, 2026

Composite score

86 / 100
Cost 90

Based on a 0.10% expense ratio.

Liquidity 98

Based on $8.94B in net assets.

Concentration 100

Top-10 holdings represent 7.9% of net assets.

Tax efficiency 52

US Aggregate Bond base · ETF wrapper · 4.35% TTM yield.

The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.1).

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Top holdings

1,290 total holdings · as of Mar 31, 2026
#HoldingWeight
1United States Treasury Bill3.18%
2United States Treasury Note/Bond0.82%
3United States Treasury Note/Bond0.57%
4US Bancorp0.55%
5Vanguard Cmt Funds-Vanguard Market Liquidity Fund0.50%
6United States Treasury Note/Bond0.49%
7Truist Bank0.48%
8Tyson Foods Inc0.46%
9UBS Group AG0.45%
10Bank of Montreal0.44%

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Holdings sourced from SEC Form N-PORT-P (accession 0000794105-26-000181).