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Launched

Vanguard Target Maturity 2035 Corporate Bond ETF

VBCINasdaqVanguardB

$72.39+0.06 (+0.09%)

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

B63/ 100

Rank 19 of 43 in Defined-Maturity Investment Grade Corporate

B63/100Rank 19 of 43inDefined-Maturity Investment Grade Corporate
Intraday session: up, 79 prints from 72.33 to 72.39. Range 72.38 to 72.57. Use the arrow keys to read each point.72.4572.5072.5510 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size · all share classes
$14M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
377
Avg volume · 30D
3.54K sh
52W range
low $70.66high $76.58
Launched

The ETF.net VBCI Grade

B

Score 63 out of 100

Category
Defined-Maturity Investment Grade Corporate⁠
Rank
19 of 43
Six-pillar profile for VBCI. Scores out of 100: Cost 89, Risk 31, Mission 88, Tradability 11, Holdings 58, Durability 44. Strongest: Cost (89). Weakest: Tradability (11). Leans toward Cost and Mission.

Score 63 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.
    A88 out of 100
    Rank 27 of 32

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D31 out of 100
    Rank 30 of 43

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F11 out of 100
    Rank 42 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B58 out of 100
    Rank 22 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 VBCI

ETF.net Research

In short

BVanguard's take on the bond ladder: investment-grade corporate bonds that all come due in 2035, bundled into one ticker at a 0.08% fee, under the target-maturity norm. Late to a niche iBonds and BulletShares built, and priced accordingly.

Stated mandate

The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds that mature in 2035.

Why people hold it

  • Charges 0.08% a year, below the 0.10% median for target-maturity bond funds and the 0.10% on comparable corporate rungs from iBonds (IBDU) and BulletShares (BSCT).
  • One rung of a ladder in one ticker: it tracks the ICE 2035 Maturity US Corporate Constrained Index, investment-grade corporates that all come due in the same year.vanguard.com
  • Passively run and market-weighted, so no manager is picking credits. Pays income quarterly, and it sits in the top quartile of its target-maturity peer group.
  • Every rung in Vanguard's target-maturity corporate lineup carries the same 0.08% fee, so reaching out to 2035 costs no more than the near-dated 2028 fund (VBCB).

Worth knowing

  • Launched in 2026 with a small asset base and light trading, which tends to mean wider bid-ask spreads than the entrenched iBonds and BulletShares rungs.
  • A 2035 target is a long rung. Until those bonds come due, the share price moves with interest rates, and nothing fixes the value you get at the end.
  • This is corporate credit, not government debt. The bonds are investment grade, but issuers can be downgraded or default, a risk the Treasury versions (IBTJ) do not carry.

VBCI Holdings

Holdings pillarB58 out of 100Rank 22 of 42 in Defined-Maturity Investment Grade Corporate
Asset class
Bonds
Holdings
377
Top-10 weight
10%
Largest holding
Meta Platforms Inc 4.88% 11/15/20351.6%

Geography

  • United States87.91%
  • United Kingdom4.37%
  • Japan2.53%
  • Australia1.13%
  • Canada1.12%
  • Mexico0.72%
  • Spain0.59%
  • Netherlands0.45%
  • Other countries (4)1.18%
The fund’s holdings, weight-ordered — page 1 of 26.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataMeta Platforms Inc 4.88% 11/15/20351.64%2,530$230K16
2No dataBank of America Corp 5.51% 01/24/20360.97%1,420$136K16
3No dataGoldman Sachs Group Inc/The 4.94% 10/21/20360.94%1,460$132K14
4No dataAlphabet Inc 4.70% 11/15/20350.94%1,440$132K15
5No dataJPMorgan Chase & Co 5.57% 04/22/20360.92%1,340$129K10
6No dataAmazon.com Inc 4.65% 11/20/20350.88%1,360$123K9
7No dataMorgan Stanley 5.59% 01/18/20360.87%1,270$122K11
8No dataOracle Corp 5.50% 08/03/20350.83%1,330$117K8
9No dataMorgan Stanley 4.89% 10/22/20360.82%1,280$116K13
10No dataJPMorgan Chase & Co 4.81% 10/22/20360.82%1,260$115K12
11No dataCitigroup Inc 5.17% 09/11/20360.79%1,200$112K12
12No dataBank of America Corp 5.74% 02/12/20360.77%1,130$108K11
13No dataAmerican Express Co 4.80% 10/24/20360.76%1,180$107K11
14No dataJPMorgan Chase & Co 5.58% 07/23/20360.75%1,110$106K11
15No dataGoldman Sachs Group Inc/The 5.54% 01/28/20360.75%1,110$106K12

Showing 1–15 of 377 holdings

VBCI 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.
VBCI$9,919
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. VBCI $9,919. 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 VBCI. Periods over one year show the average yearly return.
PeriodVBCI
Year to dateFund launched this yearNo data
1 month+2.4%
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 VBCI
YearReturn barVBCI
2026 YTD−0.3%

History from Mar 26, 2026

VBCI in the news

VBCI Dividends

Last payment
$0.27 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 $0.36; Jun 1, 2026 $0.29; Jul 1, 2026 $0.32; Aug 3, 2026 $0.33; Sep 1, 2026 $0.33; Oct 1, 2026 $0.27. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.28
Oct 1, 2026Oct 5, 2026$0.27
Sep 1, 2026Sep 3, 2026$0.33
Aug 3, 2026Aug 5, 2026$0.33
Jul 1, 2026Jul 6, 2026$0.32
Jun 1, 2026Jun 3, 2026$0.29
May 1, 2026May 5, 2026$0.36

VBCI Risk

Risk pillarD31 out of 100Rank 30 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.

VBCI 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.

  • VBCI 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCI 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$2K051015202530VBCI $1,689

Year by year

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

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