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ETF comparison

VGSH vs VUSB

US Treasury (Short) vs US Aggregate Bond.

Vanguard Short-Term Treasury Index Fund ETF Shares · Vanguard Ultra-Short Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.5 %

1 positions appear in both funds. Buying equal dollars of VGSH and VUSB would leave roughly 0.5% of each dollar exposed to the same underlying securities.

VGSH unmatched 98.4% Shared 0.5% VUSB unmatched 98.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In VGSH only
90 positions
Shared
1 positions
In VUSB only
1,280 positions

Side by side

VGSH

Vanguard Short-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Short)

89 composite / 100
Expense ratio
0.030%
Net assets
$41.38B
whole fund, 3 share classes
TTM yield
3.45%
Top-10 conc.
14.2%
VUSB

Vanguard Ultra-Short Bond ETF

Vanguard · US Aggregate Bond

86 composite / 100
Expense ratio
0.10%
Net assets
$9.91B
TTM yield
4.28%
Top-10 conc.
8.8%

Sub-score comparison

97
Cost
90
59
Tax efficiency
52
100
Liquidity
100
N/A
Concentration
100
—
Tracking quality
—
VGSH sub-score VUSB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VGSH is 7 bps cheaper than VUSB. On a $100,000 position that's about $70/yr more in fees for VUSB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with VGSH vs VUSB.

Top shared holdings

1 shared in total
# Holding In VGSH In VUSB Overlap
1 United States Treasury Note/Bond 0.84% 0.52% 0.52%

Only in VGSH

90 total
  • United States Treasury Note/Bond 2.04%
  • United States Treasury Note/Bond 1.44%
  • United States Treasury Note/Bond 1.42%
  • United States Treasury Note/Bond 1.38%
  • United States Treasury Note/Bond 1.36%
  • United States Treasury Note/Bond 1.35%
  • United States Treasury Note/Bond 1.33%
  • United States Treasury Note/Bond 1.32%
  • United States Treasury Note/Bond 1.31%
  • United States Treasury Note/Bond 1.30%

Only in VUSB

1,280 total
  • United States Treasury Bill 4.19%
  • United States Treasury Note/Bond 0.67%
  • PNC Financial Services Group Inc/The 0.58%
  • Regions Bank/Birmingham AL 0.51%
  • US Bancorp 0.50%
  • Charles Schwab Corp/The 0.49%
  • Truist Bank 0.44%
  • Westlake Flooring Master Trust 0.44%
  • DLLAD 2024-1 LLC 0.43%
  • UBS Group AG 0.41%

Percentages are holdings overlap with the named fund.

Open VGSH or VUSB at a brokerage

Both funds trade commission-free at major US brokerages.

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 overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.