Vanguard ESG U.S. Corporate Bond ETF
$60.26−0.59 (−0.97%)
- Expense ratio
- 0.12%
- Fund size
- $1.2B
- 1Y return
- −0.7%
- Yield · Last 12 months
- 4.82%
- Volume · 30D
- 0.1M sh
- NAV per share
- $60.79
- 52W range
The ETF.net VCEB Grade
Score 78 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 92Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 38Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
Our read on VCEB
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.
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.fund-docs.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.fund-docs.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 Holdings
- Bonds
- —
- 2%
- US Dollar
Geography
- United States85.16%
- United Kingdom4.84%
- Japan2.86%
- Canada2.67%
- Spain0.96%
- Netherlands0.74%
- Ireland0.62%
- Singapore0.54%
- 1.60%
VCEB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | VCEB |
|---|---|
| Year to date | −1.3% |
| 1 month | −0.5% |
| 3 months | −1.7% |
| 1 year | −0.7% |
| 3 years | +5.0% |
| 5 years | −0.4% |
| 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 | VCEB |
|---|---|---|
| 2026 YTD | −1.3% | |
| 2025 | +7.5% | |
| 2024 | +2.2% | |
| 2023 | +8.5% | |
| 2022 | −15.2% | |
| 2021 | −2.0% | |
| 2020 | +2.5% |
VCEB in the news
ETF.net Research hasn’t filed on VCEB yet — coverage lands here as it’s written.
VCEB Dividends
- 4.82%
- $2.94
- $0.25 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.25 |
| Aug 3, 2026 | Aug 5, 2026 | $0.27 |
| Jul 1, 2026 | Jul 6, 2026 | $0.25 |
| Jun 1, 2026 | Jun 3, 2026 | $0.25 |
| May 1, 2026 | May 5, 2026 | $0.25 |
| Apr 1, 2026 | Apr 6, 2026 | $0.25 |
| Mar 2, 2026 | Mar 4, 2026 | $0.23 |
| Feb 2, 2026 | Feb 4, 2026 | $0.25 |
| Dec 18, 2025 | Dec 22, 2025 | $0.25 |
| Dec 1, 2025 | Dec 3, 2025 | $0.24 |
| Nov 3, 2025 | Nov 5, 2025 | $0.25 |
| Oct 1, 2025 | Oct 3, 2025 | $0.21 |
VCEB Risk
- 6.1%
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.
- 0.05
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.
- −21.4%
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.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VCEB Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
4 of the 49 Investment Grade Corporate funds charge less.