VCRBVanguardINDEX
Vanguard Core Bond ETF
$76.27+0.45% today
767952-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET +$71M OVER THIS RANGE
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned -2.1% so far this year. At 0.10% 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
$438Massets under management
0.10%expense ratio · $10 per $10,000 a year
—net flow, trailing month
517Kavg daily volume, 30 days
0holdings
2023listed December 11, 2023 · beta 0.11
Performance
| 1 week | +0.4% |
| 1 month | -0.4% |
| 3 months | -0.2% |
| 6 months | -3.2% |
| YTD | -2.1% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
4%realized volatility, 30 days (annualized)
4%realized volatility, 1 year
-4.2%deepest fall from a peak, 1 year
-3.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
The case against VCRB
Due diligence cuts both ways. These funds sit on the same shelf and beat VCRB on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| STIP iShares 0-5 Year TIPS Bond ETF | 0.03% | $16B | +$288M | -7bp on fee · 37× the assets · +$288M in over the month | Head-to-head |
| MBB iShares MBS ETF | 0.04% | $39B | +$26M | -6bp on fee · 89× the assets · +$26M in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.4B | +$520M | -6bp on fee · 53× the assets · +$520M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.7B | +$312M | -6bp on fee · 43× the assets · +$312M in over the month | Head-to-head |
| MUB iShares National Muni Bond ETF | 0.05% | $45.8B | +$585M | -5bp on fee · 104× the assets · +$585M in over the month | Head-to-head |