
Vanguard ESG U.S. Corporate Bond ETF
$60.10−0.07 (−0.12%)
- 0.12%
- $1.2B
- −1.2%
- 4.92%
- 119K sh
- low $59.05high $64.46
The ETF.net VCEB Grade
Score 79 out of 100
- 6 of 49
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 100Rank 5 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 31 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 19 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 12 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 6 of 49
Our read on VCEB
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
Worth knowing
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 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.
| Period | VCEB |
|---|---|
| Year to date | −1.6% |
| 1 month | +1.8% |
| 3 months | −0.7% |
| 1 year | −1.2% |
| 3 years | +5.9% |
| 5 years | −0.1% |
| 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 | −1.6% | |
| 2025 | +7.5% | |
| 2024 | +2.2% | |
| 2023 | +8.5% | |
| 2022 | −15.2% | |
| 2021 | −2.0% | |
| 2020 | +2.5% |
VCEB in the news
VCEB Dividends
- 4.92%
- $2.97
- $0.24 per share
- Monthly
Distribution history
VCEB Risk
- 6.0%
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.
- 0.25
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.
- −20.9%
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.
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
Cost over time
Year by year
| Year | VCEB | SPBO | Overpaying |
|---|---|---|---|
| 10 | $220 | $55 | $165 |
| 20 | $859 | $216 | $643 |
| 30 | $2,520 | $638 | $1,882 |
Other funds in Investment Grade Corporate
- ALQDiShares iBoxx $ Investment Grade Corporate Bond ETFExpense ratio 0.14%1 year return −1.8%
- ASKORNorthern Trust Credit-Scored US Corporate Bond ETFExpense ratio 0.15%1 year return +0.7%
- ALQDBiShares BBB Rated Corporate Bond ETFExpense ratio 0.15%1 year return −0.2%
- AFEIGNorthern Trust ESG & Climate Investment Grade Corporate Core ETFExpense ratio 0.12%1 year return −1.1%
- AIIGDInvesco Investment Grade Defensive ETFExpense ratio 0.13%1 year return +1.0%




