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VUSI

GradeCNew York Stock Exchange Arca

Voya Ultra Short Income ETF

Treasury & Government Bond · Voya · Inception 2025-11-18 · SEC filings

$50.19+0.06 (+0.11%)

As of Sep 23, 2026, 10:13 AM EDT

History starts Nov 19, 2025.History starts Nov 19, 2025.
Intraday session: up, 2 prints from 50.13 to 50.19. Range 50.19 to 50.19. Use the arrow keys to read each point.$49.50$50.50$51.0010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$135M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$50.04
52W range
low $49.87high $50.48

The ETF.net VUSI Grade

C

53/ 100

Rank 55 of 78 in Cash & Ultra-Short Income⁠

Confidence High

Six-pillar profile for VUSI. Scores out of 100: Cost 23, Risk 55, Mission 100, Tradability 29, Holdings 75, Durability 35. Strongest: Mission (100). Weakest: Cost (23). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C 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.
    FScore 23
    Category rank62/78 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank51/64 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 55
    Category rank24/75 · top 32%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 29
    Category rank56/78 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 75
    Category rank18/77 · top 23%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank61/78 · bottom quartile

Graded as of Sep 22, 2026

Our read on VUSI

ETF.net Research

CVoya's late-2025 arrival in the cash-parking aisle: an actively managed ultra-short bond fund built to hunt current income while keeping principal steady. A new name in a category ruled by entrenched giants.

Stated mandate

VUSI seeks high current income while preserving capital. It is actively managed and normally invests at least 80% of its assets in diversified income-producing bonds or economically similar derivatives.

Why people hold it

  1. 01Actively managed, not index-shackled: at least 80% of assets sit in diversified income-producing bonds or economically similar derivatives, with a stated goal of high current income while preserving capital.
  2. 02The prospectus sets a monthly income distribution schedule, which matches how most people use a cash-adjacent holding.
  3. 03The mandate isn't fenced to US paper. It can reach into international and emerging market issuers, a wider pool of short-dated bonds than a Treasury-only fund shops from.
  4. 04Ordinary 1940 Act fund plumbing. No partnership wrapper, no K-1 arriving in your mailbox in March.

Worth knowing

  1. 01Active costs more here: 0.25% a year against a category median of 0.20%, and above the aisle's scale players (VUSB at 0.10%, SHV and PULS at 0.15%).
  2. 02Launched in November 2025, so there's no long record to judge and the fund is still building scale. Newer, smaller funds tend to trade with wider bid-ask spreads than category veterans.stockanalysis.com
  3. 03Ultra-short is not the same as cash. This holds bonds, and the mandate allows derivatives and non-US credit, so the share price can move.

VUSI Holdings

As of Sep 21, 2026, 8:04 PM
Asset class
Bonds
Holdings
—
Top-10 weight
18%
Largest holding
US TREASURY N/B 4.125 8/31/20284.0%
The fund’s holdings, weight-ordered — page 1 of 22.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US TREASURY N/B 4.125 8/31/20284.05%5,584,200$6M22
002—MCCORMICK + CO INC DISC 0.0 30SEP26 09262.38%3,250,000$3M2
003—US TREASURY N/B 4.375 9/15/20291.66%2,296,900$2M10
004—GNR 2024-64 UF FRN 4/20/20541.66%2,256,219$2M2
005—FHR 5508 FG FRN 2/25/20551.52%2,064,863$2M1
006—FNR 2025-7 FD FRN 9/25/20541.52%2,075,561$2M1
007—FHR 5584 AF FRN 10/25/20551.43%1,952,669$2M1
008—GNR 2025-51 FB FRN 3/20/20551.39%1,899,762$2M1
009—US TREASURY N/B 4.375 8/31/20311.08%1,498,900$1M29
010—AMCAR 2025-1 A2A 4.22 3/19/20290.90%1,235,000$1M2
011—NAVSL 2021-GA A 1.58 4/15/20700.88%1,354,116$1M4
012—SFUEL 2025-CA A3 4.11 4/20/20290.87%1,200,000$1M4
013—US TREASURY N/B 3.875 3/31/20280.82%1,135,000$1M18
014—US TREASURY N/B 4.625 8/15/20360.75%1,060,000$1M29
015—TEVT 2023-1 A3 5.38 6/20/20280.75%1,022,143$1M3

Showing 1–15 of 325 holdings

VUSI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VUSI$10,256
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. VUSI $10,256. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

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.

Trailing total return for VUSI. Periods over one year show the average yearly return.
PeriodVUSI
Year to date+2.6%
1 month+0.0%
3 months+1.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 VUSI
YearReturn barVUSI
2026 YTD+2.6%
2025+0.7%

History from Nov 19, 2025

VUSI in the news

ETF.net Research hasn’t filed on VUSI yet — coverage lands here as it’s written.

VUSI 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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 9 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.25; Jan 29, 2026 $0.11; Feb 26, 2026 $0.19; Mar 30, 2026 $0.17; Apr 29, 2026 $0.12; May 28, 2026 $0.18; Jun 29, 2026 $0.20; Jul 30, 2026 $0.17; Aug 27, 2026 $0.19. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 27, 2026Aug 28, 2026$0.19
Jul 30, 2026Jul 31, 2026$0.17
Jun 29, 2026Jun 30, 2026$0.20
May 28, 2026May 29, 2026$0.18
Apr 29, 2026Apr 30, 2026$0.12
Mar 30, 2026Mar 31, 2026$0.17
Feb 26, 2026Feb 27, 2026$0.19
Jan 29, 2026Jan 30, 2026$0.11
Dec 30, 2025Dec 31, 2025$0.25

VUSI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Nov 2025; 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 Nov 2025; 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 Nov 2025; 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.
0.03
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.

VUSI Cost

Expense ratio0.25%
  • The middle half of Cash & Ultra-Short Income funds
  • Median 0.19%

56 of the 77 Cash & Ultra-Short Income funds charge less.

VUSI costs $25.00 a year on $10,000. The median Cash & Ultra-Short Income fund costs $19.00.