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Vanguard Ultra-Short Bond ETF

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

Expense ratio
0.10%
10.0 bps
Net assets
$9.91B
TTM yield
4.28%
Last price
$49.55
as of Oct 23, 2026
Avg volume
1,909,709
shares/day, 30d

Trailing returns

through Oct 23, 2026
1 year
+3.5%
3 year
+5.1%
annualized
5 year
+3.7%
annualized
Growth of $1, 2021-11 to 2026-10

Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.

Composite score

86 / 100
Cost 90

Based on a 0.10% expense ratio.

Liquidity 100

Based on $9.91B in net assets.

Concentration 100

Top-10 holdings represent 8.8% of net assets.

Tax efficiency 52

US Aggregate Bond base · ETF wrapper · 4.28% 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 v0.5.2).

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Top holdings

1,286 total holdings · as of Jun 30, 2026
# Holding Weight
1 United States Treasury Bill 4.19%
2 United States Treasury Note/Bond 0.67%
3 PNC Financial Services Group Inc/The 0.58%
4 United States Treasury Note/Bond 0.52%
5 Regions Bank/Birmingham AL 0.51%
6 US Bancorp 0.50%
7 Charles Schwab Corp/The 0.49%
8 Truist Bank 0.44%
9 Westlake Flooring Master Trust 0.44%
10 DLLAD 2024-1 LLC 0.43%

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Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings sourced from SEC Form N-PORT-P (accession 0000794105-26-000272).