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Launched

Vanguard Target Maturity 2027 Corporate Bond ETF

VBCANasdaqVanguardA

$75.30+0.01 (+0.01%)

At close: Nov 2, 2026, 4:00 PM ET

A78/ 100

Rank 2 of 43 in Defined-Maturity Investment Grade Corporate

A78/100Rank 2 of 43inDefined-Maturity Investment Grade Corporate
Intraday session: up, 79 prints from 75.29 to 75.30. Range 75.28 to 75.33. Use the arrow keys to read each point.75.3175.3275.3310 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size · all share classes
$65M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
622
Avg volume · 30D
14.8K sh
52W range
low $75.00high $75.78
Launched

The ETF.net VBCA Grade

A

Score 78 out of 100

Category
Defined-Maturity Investment Grade Corporate⁠
Rank
2 of 43
Six-pillar profile for VBCA. Scores out of 100: Cost 89, Risk 70, Mission 100, Tradability 36, Holdings 82, Durability 54. Strongest: Mission (100). Weakest: Tradability (36). Leans toward Mission.

Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A89 out of 100
    Rank 1 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 32

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 8 of 43

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D36 out of 100
    Rank 30 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 7 of 42

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 21 of 43

Our read on VBCA

ETF.net Research

In short

AVanguard showed up late to the bond-ladder aisle and priced it accordingly: one rung of investment-grade corporate bonds, all maturing in 2027, wrapped in an ETF at 0.08%.

Stated mandate

The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds that mature in 2027.

Why people hold it

  • At 0.08%, it undercuts the target-maturity norm, where iShares iBonds and Invesco BulletShares rungs run 0.10%.
  • Its bonds are scheduled to mature between January 1 and December 15, 2027, and the index has a planned liquidation around that date, so duration winds down instead of resetting forever.sec.gov
  • Market-weighted and investment-grade only: a single maturity year spread across the US corporate market rather than a handful of hand-picked bonds.
  • Stands among the stronger implementations in a crowded target-maturity group, on cost and portfolio discipline.

Worth knowing

  • Launched in 2026 and still small, it trades thinly; spreads can be wider than on established bond ETFs.
  • Corporate credit, not Treasuries: downgrades and defaults come with the territory. Treasury-only rungs such as IBTJ sidestep that risk.
  • Short operating history, so there is limited data so far on how closely it tracks its index.

VBCA Performance

Launched Mar 24, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
VBCA$10,084
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. VBCA $10,084. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VBCA. Periods over one year show the average yearly return.
PeriodVBCA
Year to dateFund launched this yearNo data
1 month+0.5%
3 months+0.8%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VBCA
YearReturn barVBCA
2026 YTD+2.4%

History from Mar 27, 2026

VBCA in the news

VBCA Dividends

Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.08; Jun 1, 2026 $0.24; Jul 1, 2026 $0.24; Aug 3, 2026 $0.25; Sep 1, 2026 $0.25; Oct 1, 2026 $0.24. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.25
Oct 1, 2026Oct 5, 2026$0.24
Sep 1, 2026Sep 3, 2026$0.25
Aug 3, 2026Aug 5, 2026$0.25
Jul 1, 2026Jul 6, 2026$0.24
Jun 1, 2026Jun 3, 2026$0.24
May 1, 2026May 5, 2026$0.08

VBCA Risk

Risk pillarA70 out of 100Rank 8 of 43 in Defined-Maturity Investment Grade Corporate
How much the fund’s monthly returns vary, scaled to a year.
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

VBCA Cost

Tied cheapest in Defined-Maturity Investment Grade Corporate

$1,689

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VBCA 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCA 0.08%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530VBCA $1,689

Year by year

YearVBCA
10$147
20$575
30$1,689

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