Skip to content
etf.net

Launched

Vanguard Target Maturity 2036 Corporate Bond ETF

VBCJNasdaqVanguardB

$72.05+0.03 (+0.05%)

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

B61/ 100

Rank 23 of 43 in Defined-Maturity Investment Grade Corporate

B61/100Rank 23 of 43inDefined-Maturity Investment Grade Corporate
Intraday session: up, 79 prints from 72.02 to 72.05. Range 72.02 to 72.31. Use the arrow keys to read each point.72.1072.1572.2072.2572.3010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size · all share classes
$24M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
320
Avg volume · 30D
6.77K sh
52W range
low $70.41high $76.64
Launched

The ETF.net VBCJ Grade

B

Score 61 out of 100

Category
Defined-Maturity Investment Grade Corporate⁠
Rank
23 of 43
Six-pillar profile for VBCJ. Scores out of 100: Cost 89, Risk 31, Mission 81, Tradability 19, Holdings 46, Durability 45. Strongest: Cost (89). Weakest: Tradability (19). Leans toward Cost.

Score 61 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.
    A81 out of 100
    Rank 30 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.
    F19 out of 100
    Rank 40 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 28 of 42

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 28 of 43

Our read on VBCJ

ETF.net Research

In short

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.

Stated mandate

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.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.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.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.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.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 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.
VBCJ$9,909
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. VBCJ $9,909. 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 VBCJ. Periods over one year show the average yearly return.
PeriodVBCJ
Year to dateFund launched this yearNo data
1 month+2.4%
3 months−0.9%
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 VBCJ
YearReturn barVBCJ
2026 YTD−0.7%

History from Mar 26, 2026

VBCJ in the news

VBCJ 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 $0.32; Jul 1, 2026 $0.30; Aug 3, 2026 $0.33; Sep 1, 2026 $0.30; 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$0.30
Oct 1, 2026Oct 5, 2026$0.27
Sep 1, 2026Sep 3, 2026$0.30
Aug 3, 2026Aug 5, 2026$0.33
Jul 1, 2026Jul 6, 2026$0.30
Jun 1, 2026Jun 3, 2026$0.32
May 1, 2026May 5, 2026$0.36

VBCJ 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.

VBCJ 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.

  • VBCJ 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCJ 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$2K051015202530VBCJ $1,689

Year by year

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

Other funds in Defined-Maturity Investment Grade Corporate

See others