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Vanguard ESG U.S. Corporate Bond ETF

VCEBCboeVanguardA

$60.10−0.07 (−0.12%)

As of Nov 2, 2026, 3:59 PM ET

Intraday session: down, 79 prints from 60.17 to 60.10. Range 60.09 to 60.33. Use the arrow keys to read each point.60.2060.2560.3010 AM12 PM2 PM4 PM
Expense ratio
0.12%
Fund size · all share classes
$1.2B
1Y total return
−1.2%
Yield · Last 12 months
4.92%
Holdings
2760
Avg volume · 30D
119K sh
52W range
low $59.05high $64.46
Launched
Filings
SEC EDGAR

The ETF.net VCEB Grade

A

Score 79 out of 100

Rank
6 of 49
Six-pillar profile for VCEB. Scores out of 100: Cost 91, Risk 43, Mission 100, Tradability 57, Holdings 79, Durability 79. Strongest: Mission (100). Weakest: Risk (43). Leans toward Mission.

Score 79 of 100 falls in the A 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.
    A91 out of 100
    Rank 5 of 49
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 45
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 31 of 49
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 19 of 49
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 12 of 49
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A79 out of 100
    Rank 6 of 49

Our read on VCEB

ETF.net Research

In short

AVanguard took its plain-vanilla corporate bond playbook and ran it through an ESG screen. Investment-grade U.S. company debt, roughly 300 bonds, monthly income, 0.12% a year: cheap even by unscreened standards, and rare in a thin niche.

Stated mandate

The fund seeks to track the Bloomberg MSCI U.S. Corporate SRI Select Index. Its mandate covers U.S. dollar-denominated, investment-grade, fixed-rate, taxable corporate bonds with maturities exceeding one year and ESG screening.

Why people hold it

  • Costs 0.12% a year versus a 0.19% median for investment-grade corporate bond funds. Cheap for a screened portfolio, not just cheap for a screened one.
  • Roughly 300 U.S. dollar-denominated, fixed-rate investment-grade corporates with maturities beyond a year, and income lands monthly.
  • The portfolio does what the prospectus says it does, tracking the Bloomberg MSCI U.S. Corporate SRI Select Index. One of the stronger implementations in its peer group.vanguard.com
  • Vanguard-run and already a fund with billions in assets, real staying power for a screened bond product that only launched in 2020.

Worth knowing

  • The SRI screen drops issuers a broad corporate index holds, so sector and issuer mix can drift from the unscreened market.vanguard.com
  • Vanguard's unscreened corporate bond funds cost less: VCIT charges 0.03%. The screen is what the extra buys.
  • Bonds run well past one year to maturity, so prices move with rates. Trading is moderate, and spreads can run wider than the category's busiest names.

VCEB Performance

Launched Sep 22, 2020

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.
VCEB$9,882
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. VCEB $9,882. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – 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 VCEB. Periods over one year show the average yearly return.
PeriodVCEB
Year to date−1.6%
1 month+1.8%
3 months−0.7%
1 year−1.2%
3 yearsper year+5.9%
5 yearsper year−0.1%
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 VCEB
YearReturn barVCEB
2026 YTD−1.6%
2025+7.5%
2024+2.2%
2023+8.5%
2022−15.2%
2021−2.0%
2020+2.5%

History from Sep 24, 2020

VCEB in the news

VCEB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.92%Last 12 months
Payout per share
$2.97Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.18; Mar 1, 2023 $0.17; Apr 3, 2023 $0.19; May 1, 2023 $0.18; Jun 1, 2023 $0.20; Jul 3, 2023 $0.19; Aug 1, 2023 $0.20; Sep 1, 2023 $0.20; Oct 2, 2023 $0.20; Nov 1, 2023 $0.21; Dec 1, 2023 $0.21; Dec 22, 2023 $0.22; Feb 1, 2024 $0.22; Mar 1, 2024 $0.21; Apr 1, 2024 $0.23; May 1, 2024 $0.22; Jun 3, 2024 $0.23; Jul 1, 2024 $0.23; Aug 1, 2024 $0.24; Sep 3, 2024 $0.24; Oct 1, 2024 $0.23; Nov 1, 2024 $0.24; Dec 2, 2024 $0.24; Dec 24, 2024 $0.24; Feb 3, 2025 $0.25; Mar 3, 2025 $0.23; Apr 1, 2025 $0.25; May 1, 2025 $0.24; Jun 2, 2025 $0.25; Jul 1, 2025 $0.24; Aug 1, 2025 $0.25; Sep 2, 2025 $0.25; Oct 1, 2025 $0.21; Nov 3, 2025 $0.25; Dec 1, 2025 $0.24; Dec 18, 2025 $0.25; Feb 2, 2026 $0.25; Mar 2, 2026 $0.23; Apr 1, 2026 $0.25; May 1, 2026 $0.25; Jun 1, 2026 $0.25; Jul 1, 2026 $0.25; Aug 3, 2026 $0.27; Sep 1, 2026 $0.25; Oct 1, 2026 $0.24. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.26
Oct 1, 2026Oct 5, 2026$0.24
Sep 1, 2026Sep 3, 2026$0.25
Aug 3, 2026Aug 5, 2026$0.27
Jul 1, 2026Jul 6, 2026$0.25
Jun 1, 2026Jun 3, 2026$0.25
May 1, 2026May 5, 2026$0.25
Apr 1, 2026Apr 6, 2026$0.25
Mar 2, 2026Mar 4, 2026$0.23
Feb 2, 2026Feb 4, 2026$0.25
Dec 18, 2025Dec 22, 2025$0.25
Dec 1, 2025Dec 3, 2025$0.24

See all 74 payments⁠

$10,000 in VCEB 5 years ago paid $1,652 in dividends.⁠

VCEB Risk

How much the fund’s monthly returns vary, scaled to a year.
6.0%
Annualised · 36 months to Oct 2026
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.
0.25
vs 3-month T-bills · to Oct 2026
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.
−20.9%
Trough Oct 2022
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.
1.06
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.

VCEB Cost

Overpaying vs SPBO, tied cheapest in Investment Grade Corporate

$1,882

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VCEB 0.12%

    $2,520

  • SPBO 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • VCEB 0.12%
  • SPBO 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530VCEB $2,520SPBO $638

Year by year

YearVCEBSPBOOverpaying
10$220$55$165
20$859$216$643
30$2,520$638$1,882

Other funds in Investment Grade Corporate