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Sunday, August 23, 2026The Morning Brief →Sign in

Vanguard Short-Term Bond Index Fund

$77.57-0.06% today
777952-WK

This index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index.

Price & daily flows
78.978.377.877.57DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -1.6% so far this year. At 0.040% a year it is not the cheapest way in — AGG runs the same ground at 0.03%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$33.4Bassets under management
0.040%expense ratio · $4 per $10,000 a year
net flow, trailing month
2.6Mavg daily volume, 30 days
30holdings · US-domiciled
2007listed April 2, 2007 · beta 0.04
Sector weights
Cash & Others99.99%
Government71.56%
Treasury66.16%
Other57.43%
Financial Services42.57%
Corporate27.63%
Industrial12.11%
Financial11.76%
Government Agency7.39%
Utility1.08%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other57.61%
United States42.39%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.1%
1 month+0.2%
3 months-0.4%
6 months-1.8%
YTD-1.6%
1 year-1.6%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JulSepOct
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
2%realized volatility, 30 days (annualized)
2%realized volatility, 1 year
-2.4%deepest fall from a peak, 1 year
-2.1%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
1.6Mshares traded
The case against BSV

Due diligence cuts both ways. These funds sit on the same shelf and beat BSV on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-1bp on fee · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M+$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M4× the assets · +$547M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M+$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M+$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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