Vanguard Target Maturity 2036 Corporate Bond ETF
$71.17+0.01 (+0.01%)
- 0.08%
- $18M
- 0M sh
- $71.00
- low $70.41high $76.64
The ETF.net VBCJ Grade
B
Score 60 out of 100
- 22 of 43
Score 60 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.A87 out of 100Rank 2 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A86 out of 100Rank 29 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F22 out of 100Rank 40 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F19 out of 100Rank 39 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C45 out of 100Rank 28 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 28 of 43
Our read on VBCJ
BThe far rung of Vanguard's bond ladder: investment-grade corporate bonds that all mature in 2036, after which the fund liquidates and pays out. Individual-bond predictability in ETF form, at 0.08% a year.
The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds scheduled to mature in 2036.
Why people hold it
- Costs 0.08% a year, under the 0.10% typical of target-maturity corporate rivals such as IBDU and BSCT.investor.vanguard.com
- Built with an end date: the index has a planned liquidation on or about December 15, 2036, and the fund distributes income quarterly along the way.investor.vanguard.com
- The 2036 vintage is the long end of Vanguard's ten-fund target-maturity lineup, which runs 2027 through 2036, so it reaches furthest out the curve.sec.gov
- One index, one job: market-weighted U.S. investment-grade corporates scheduled to mature between January 1 and December 15, 2036. No credit calls, no maturity drift.investor.vanguard.com
Worth knowing
- A 2036 maturity means bigger price swings when rates move than the near-dated rungs. That sensitivity winds down as the liquidation date nears.fund-docs.vanguard.com
- Corporate credit, not Treasuries: investment grade at index inclusion, but downgrades and defaults are live risks that a Treasury vintage like IBTJ doesn't carry.fund-docs.vanguard.com
- A 2026 launch that trades lightly, so bid-ask spreads can run wider than on the long-established iShares and Invesco vintages.
VBCJ Holdings
- Other
- 303
- 15%
- Amazon.com Inc 4.88% 03/13/2036
Geography
- United States85.06%
- United Kingdom4.71%
- Japan2.53%
- Belgium1.68%
- Canada1.48%
- Spain1.34%
- Mexico0.80%
- Brazil0.57%
- 1.83%
VBCJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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VBCJ$9,651
Returns run to the Oct 12, 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.
| Period | VBCJ |
|---|---|
| Year to date | — |
| 1 month | −1.2% |
| 3 months | −3.5% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VBCJ |
|---|---|---|
| 2026 YTD | −2.3% |
VBCJ in the news
VBCJ Dividends
- $0.27 per share
- Monthly
Distribution data unavailable.
Distribution history
VBCJ Risk
- —
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.
- —
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.
- —
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.
- 0.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VBCJ Cost
0.08%
VBCJ0.08%
- The middle half of Defined-Maturity Investment Grade Corporate funds
- Median 0.10%
No Defined-Maturity Investment Grade Corporate fund charges less.
Other funds in Defined-Maturity Investment Grade Corporate
- BBSCYInvesco BulletShares 2034 Corporate Bond ETFExpense ratio 0.10%1 year return −2.0%
- BIBDZiShares iBonds Dec 2034 Term Corporate ETFExpense ratio 0.10%1 year return −2.0%
- BBSCZInvesco BulletShares 2035 Corporate Bond ETFExpense ratio 0.10%1 year return −2.7%
- BIBCAiShares iBonds Dec 2035 Term Corporate ETFExpense ratio 0.10%1 year return −2.4%
- BIBDXiShares iBonds Dec 2032 Term Corporate ETFExpense ratio 0.10%1 year return −1.2%