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Vanguard Target Maturity 2033 Corporate Bond ETF

VBCGNasdaqVanguardB

$72.69+0.01 (+0.01%)

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

Intraday session: up, 79 prints from 72.68 to 72.69. Range 72.69 to 72.87. Use the arrow keys to read each point.72.7572.8072.8510 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size · all share classes
$17M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
388
Avg volume · 30D
5.1K sh
52W range
low $71.28high $76.32
Launched

The ETF.net VBCG Grade

B

Score 68 out of 100

Rank
13 of 43
Six-pillar profile for VBCG. Scores out of 100: Cost 89, Risk 39, Mission 100, Tradability 20, Holdings 57, Durability 44. Strongest: Mission (100). Weakest: Tradability (20). Leans toward Mission.

Score 68 of 100 falls in the B 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.
    D39 out of 100
    Rank 22 of 43
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F20 out of 100
    Rank 39 of 43
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 23 of 42
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 29 of 43

Our read on VBCG

ETF.net Research

In short

BVanguard's version of a bond ladder rung: one ticker, investment-grade US corporate bonds that all come due in 2033, for 0.08% a year. It undercuts the fee the incumbents charge for the same job.

Stated mandate

The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds that mature in 2033.

Why people hold it

  • 0.08% a year, below the 0.10% target-maturity median and below the 0.10% on rival corporate rungs like IBDU, BSCT and BSCU.
  • One trade gets a market-weighted slice of dollar-denominated investment-grade corporates maturing in 2033. No shopping for individual bonds.
  • Sits in the upper tier of a crowded target-maturity field on cost and portfolio quality, alongside Vanguard's own 2028 rung.
  • Interest arrives on a quarterly schedule while the 2033 date approaches.

Worth knowing

  • Launched in 2026, so the track record is short and risk statistics are still thin.
  • Newer and less traded than the long-running iBonds and BulletShares ladders, so spreads can be wider. Limit orders are the usual tool.
  • It is all corporate credit stacked in a single maturity year, so it moves with investment-grade spreads instead of spreading bets across the curve.

VBCG 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.
VBCG$9,931
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. VBCG $9,931. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 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 VBCG. Periods over one year show the average yearly return.
PeriodVBCG
Year to dateFund launched this yearNo data
1 month+2.0%
3 months−0.7%
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 VBCG
YearReturn barVBCG
2026 YTD−0.1%

History from Mar 26, 2026

VBCG in the news

VBCG Dividends

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. 6 payments in 2026 YTD. May 1, 2026 $0.34; Jun 1, 2026 $0.29; Jul 1, 2026 $0.27; Aug 3, 2026 $0.28; Sep 1, 2026 $0.31; Oct 1, 2026 $0.26. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.27
Oct 1, 2026Oct 5, 2026$0.26
Sep 1, 2026Sep 3, 2026$0.31
Aug 3, 2026Aug 5, 2026$0.28
Jul 1, 2026Jul 6, 2026$0.27
Jun 1, 2026Jun 3, 2026$0.29
May 1, 2026May 5, 2026$0.34

VBCG 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.
0.10
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.

VBCG 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.

  • VBCG 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCG 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$2K051015202530VBCG $1,689

Year by year

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

Other funds in Defined-Maturity Investment Grade Corporate