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Launched

Vanguard Target Maturity 2034 Corporate Bond ETF

VBCHNasdaqVanguardB

$72.60+0.05 (+0.06%)

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

B55/ 100

Rank 30 of 43 in Defined-Maturity Investment Grade Corporate

B55/100Rank 30 of 43inDefined-Maturity Investment Grade Corporate
Intraday session: up, 79 prints from 72.56 to 72.60. Range 72.58 to 72.80. Use the arrow keys to read each point.72.6572.7072.7572.8010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size · all share classes
$11M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
354
Avg volume · 30D
3.84K sh
52W range
low $70.90high $76.58
Launched

The ETF.net VBCH Grade

Based on 5 of 6 pillars

B

Score 55 out of 100

Category
Defined-Maturity Investment Grade Corporate⁠
Rank
30 of 43
Six-pillar profile for VBCH. Scores out of 100: Cost 89, Risk 39, Mission not scored, Tradability 14, Holdings 53, Durability 42. Strongest: Cost (89). Weakest: Tradability (14). Based on 5 of 6 pillars.

Score 55 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.
    Not scored

  • 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.
    F14 out of 100
    Rank 41 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 out of 100
    Rank 27 of 42

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C42 out of 100
    Rank 32 of 43

Our read on VBCH

ETF.net Research

In short

BA hold-to-maturity bond, wrapped in an ETF. VBCH owns investment-grade corporates maturing in 2034, then winds down on or about December 15, 2034 and pays holders out. Vanguard's take on the term-bond rung, at 0.08% a year.

Stated mandate

The fund seeks to track a market-weighted index of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2034. It uses a passive indexing approach and has a planned liquidation around December 15, 2034.

Why people hold it

  • Has an end date, which most bond funds don't: it tracks an index of US dollar investment-grade corporates maturing in 2034, with a planned liquidation on or about December 15, 2034.sec.gov
  • Costs 0.08% a year, below the typical target-maturity bond ETF and under the 0.10% charged on iBonds and BulletShares rungs such as IBDU, BSCT and BSCU.
  • One rung in a 10-fund Vanguard suite covering consecutive maturity years, so the years can be stacked into a ladder without buying individual bonds.prnewswire.com
  • Market-weighted indexing, not a manager's bond picks: exposure spreads across many corporate issuers rather than resting on one company's paper.sec.gov

Worth knowing

  • Corporate credit only, no Treasuries, so the 2034 outcome rides on investment-grade issuers paying up. Income arrives quarterly.sec.gov
  • In the last 12 months before the liquidation date, maturing bonds move into cash and cash equivalents, and the fund's yield generally drifts toward money market rates.prnewswire.com
  • Launched in 2026 and still a small, lightly traded fund, which can mean wider bid-ask spreads than the long-established term bond ETFs.

VBCH 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.
VBCH$9,933
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. VBCH $9,933. 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 VBCH. Periods over one year show the average yearly return.
PeriodVBCH
Year to dateFund launched this yearNo data
1 month+2.3%
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 VBCH
YearReturn barVBCH
2026 YTD0.0%

History from Mar 26, 2026

VBCH in the news

VBCH Dividends

Last payment
$0.32 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 $0.35; Jun 1, 2026 $0.32; Jul 1, 2026 $0.31; Aug 3, 2026 $0.30; Sep 1, 2026 $0.27; Oct 1, 2026 $0.32. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.31
Oct 1, 2026Oct 5, 2026$0.32
Sep 1, 2026Sep 3, 2026$0.27
Aug 3, 2026Aug 5, 2026$0.30
Jul 1, 2026Jul 6, 2026$0.31
Jun 1, 2026Jun 3, 2026$0.32
May 1, 2026May 5, 2026$0.35

VBCH Risk

Risk pillarD39 out of 100Rank 22 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.
0.13
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.

VBCH 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.

  • VBCH 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCH 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$2K051015202530VBCH $1,689

Year by year

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

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