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VBCD

GradeANASDAQ Global Market

Vanguard Target Maturity 2030 Corporate Bond ETF

Target Maturity Bond · Vanguard · Inception 2026-03-24

$73.52−0.46 (−0.62%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Mar 26, 2026.History starts Mar 26, 2026.History starts Mar 26, 2026.
Intraday session: down, 34 prints from 73.97 to 73.52. Range 73.48 to 73.89. Use the arrow keys to read each point.$73.60$73.70$73.80$73.9010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size
$54M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$73.91
52W range
low $73.80high $76.08

The ETF.net VBCD Grade

A

73/ 100

Rank 6 of 43 in Defined-Maturity Investment Grade Corporate⁠

Confidence High

Six-pillar profile for VBCD. Scores out of 100: Cost 87, Risk 46, Mission 100, Tradability 33, Holdings 85, Durability 52. Strongest: Mission (100). Weakest: Tradability (33). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 87
    Category rank5/43 · top 12%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank18/32 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 46
    Category rank17/43 · top 40%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank34/43 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 85
    Category rank5/42 · top 12%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank23/43 · mid-pack

Graded as of Sep 22, 2026

Our read on VBCD

ETF.net Research

AVanguard turned up late to the defined-maturity bond party and undercut the incumbents: 0.08% across its whole BondBuilder suite. VBCD is the 2030 rung, holding investment-grade corporate bonds that all come due that year.

Stated mandate

The Fund uses an indexing strategy to track an index of U.S. dollar-denominated, investment-grade corporate bonds scheduled to mature during 2030.

Why people hold it

  1. 01Costs 0.08% a year against the 0.10% on rival 2030 and 2029 vintages such as BSCU and IBDU, and the same 0.08% applies to every fund in Vanguard's ten-ETF suite.prnewswire.com
  2. 02Holds only investment-grade US corporate bonds scheduled to mature in 2030, so you get a bond-style end date with index diversification instead of hand-picking issues.personal1.vanguard.comworkplace.vanguard.com
  3. 03Built as an alternative to hand-built bond ladders and separately managed accounts, with ETF trading and diversification wrapped around a defined maturity year.prnewswire.com
  4. 04Run by Vanguard's global bond indexing team, the same group behind its short-, intermediate- and long-term corporate bond ETFs, and it sits among the stronger builds in its peer group.prnewswire.com

Worth knowing

  1. 01Launched in 2026 and still a small fund that trades thinly, so spreads can run wider than on the long-established iShares and Invesco rungs.
  2. 02Corporate credit, not government bonds. A downgrade or default among issuers can change what the portfolio delivers, unlike a Treasury-only rung such as IBTJ.
  3. 03Income lands quarterly, not monthly, which matters if you are lining the cash flow up against a recurring bill.

VBCD Holdings

As of Sep 21, 2026, 7:39 PM
Asset class
Other
Holdings
—
Top-10 weight
6%
Largest holding
T-Mobile USA Inc 3.88% 04/15/20301.0%
The fund’s holdings, weight-ordered — page 1 of 45.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—T-Mobile USA Inc 3.88% 04/15/20301.01%5,590$537K19
002—Boeing Co/The 5.15% 05/01/20300.68%3,610$362K17
003—Citigroup Inc 2.67% 01/29/20310.67%3,880$358K7
004—Wells Fargo & Co 2.57% 02/11/20310.65%3,760$346K9
005—Morgan Stanley Private Bank NA 4.46% 11/19/20310.62%3,420$333K12
006—AT&T Inc 4.30% 02/15/20300.54%2,950$289K11
007—Deutsche Telekom International Finance BV 8.25% 06/15/20300.52%2,500$277K11
008—JPMorgan Chase & Co 5.10% 04/22/20310.50%2,680$268K12
009—Morgan Stanley 4.36% 10/22/20310.50%2,740$265K20
010—Citigroup Inc 4.50% 09/11/20310.50%2,710$264K20
011—Bank of America Corp 5.16% 01/24/20310.49%2,580$259K11
012—JPMorgan Chase & Co 5.14% 01/24/20310.48%2,540$255K12
013—Bank of America Corp 1.90% 07/23/20310.48%2,870$255K11
014—Bank of America Corp 2.59% 04/29/20310.48%2,770$254K14
015—Morgan Stanley 5.23% 01/15/20310.47%2,490$250K18

Showing 1–15 of 674 holdings

VBCD Performance

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

VBCD$9,935
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. VBCD $9,935. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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 VBCD. Periods over one year show the average yearly return.
PeriodVBCD
Year to dateFund launched this year—
1 month−1.0%
3 months−0.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 VBCD
YearReturn barVBCD
2026 YTD+0.5%

History from Mar 26, 2026

VBCD in the news

ETF.net Research hasn’t filed on VBCD yet — coverage lands here as it’s written.

VBCD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.26 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. 5 payments in 2026 YTD. May 1, 2026 $0.11; Jun 1, 2026 $0.25; Jul 1, 2026 $0.26; Aug 3, 2026 $0.27; Sep 1, 2026 $0.26. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.26
Aug 3, 2026Aug 5, 2026$0.27
Jul 1, 2026Jul 6, 2026$0.26
Jun 1, 2026Jun 3, 2026$0.25
May 1, 2026May 5, 2026$0.11

VBCD Risk

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.
0.07
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.

VBCD Cost

Expense ratio0.08%
  • The middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

No Defined-Maturity Investment Grade Corporate fund charges less.

VBCD costs $8.00 a year on $10,000. The median Defined-Maturity Investment Grade Corporate fund costs $10.00.