CGSD vs VCSH: Grades, Fees and Holdings Compared

Capital Group Short Duration Income ETF

CGSDCNYSE Arca

Vanguard Short-Term Corporate Bond ETF

VCSHANasdaq

Overlap

No data

Expense ratio

VCSH −0.22pt a year

CGSD0.25%VCSH0.03%

Avg volume · 30D

VCSH 7.4×the volume

CGSD704KVCSH5.23M

3Y return · a year

VCSH +0.4pt

CGSD+5.1%VCSH+5.5%

CGSD vs VCSH Performance

Nov 7, 2025 – Nov 9, 2026

+2.4%CGSD+2.1%VCSH

Expense ratio: CGSD 0.25%; VCSH 0.03%, better
Fund size: CGSD $2.92B; VCSH $43.9B
1Y total return: CGSD +2.4%, better; VCSH +2.1%
Yield (12M): CGSD 4.41%; VCSH 4.54%, better
Holdings: CGSD 1123; VCSH 3067
Avg volume (30D): CGSD 704K sh; VCSH 5.23M sh, better
NAV per share: CGSD $25.47; VCSH $77.77
52W range

ETF.net Grade

Pillar letters and Scores for CGSD, VCSH, with each pillar’s weight
Pillar	CGSD	VCSH
Cost30% weight	F15	A93Higher
Mission25% weight	A71	A71
Risk15% weight	C49Higher	C48
Tradability15% weight	A76	A80Higher
Holdings10% weight	D25	A73Higher
Durability5% weight	B60	A92Higher

Rank among Investment Grade Corporate (0-5 Year) funds

How we build Categories ›

Same Category. CGSD and VCSH are both graded against the same 23 Investment Grade Corporate (0-5 Year) funds, so their Grades compare head to head.

Investment Grade Corporate (0-5 Year)⁠

Category · 23 funds

See all 23 ›

VCSH ranks 3rd and CGSD 10th of 23 funds in the Investment Grade Corporate (0-5 Year) Category.

Rank 1ASPSBState Street SPDR Portfolio Short Term Corporate Bond ETFScore 80
Rank 2AIGSBiShares 1-5 Year Investment Grade Corporate Bond ETFScore 79
Rank 3AVCSHVanguard Short-Term Corporate Bond ETFScore 76
Rank 4ASCHJSchwab 1-5 Year Corporate Bond ETFScore 72
Rank 9CQSIGWisdomTree U.S. Short-Term Corporate Bond FundScore 47
Rank 10CCGSDCapital Group Short Duration Income ETFScore 46
Rank 11CPCSPGIM Corporate Bond 0-5 Year ETFScore 42

Our read on each fund

ETF.net Research

CGSDCCapital Group Short Duration Income ETF

VCSHAVanguard Short-Term Corporate Bond ETF

In short

CGSD Capital Group brings its bond desk to the short end: an actively run fund that seeks current income while emphasizing preservation of capital, priced under the median fee in its category.

VCSH Corporate credit, kept short. VCSH tracks an index of investment-grade company bonds maturing in one to five years, at three basis points: you take company credit risk instead of government risk, with muted sensitivity to rate moves.

Stated mandate

CGSD The fund seeks current income while maintaining a short-duration profile and emphasizing preservation of capital.

VCSH The fund seeks to follow a market-weighted corporate bond index with a short-term dollar-weighted average maturity, using index sampling and investing at least 80% of assets in index bonds.

Why people hold it

CGSD Active management at 0.25% a year, below the 0.36% median for its bond peer group.
The mandate is explicit: current income, a short-duration profile, and emphasis on preserving capital. Less rate whiplash than a long-bond sleeve by design.capitalgroup.com
Roughly 800 bonds spread the credit risk, and income is paid out monthly.
Billions in assets and steady daily trading put it among the stronger implementations in its cohort.

VCSH A 0.03% expense ratio, versus a 0.12% median across its peer group. That is Treasury-index pricing for a fund doing corporate credit work.
Running since 2009 and now a multi-billion-dollar fund that trades actively, which is one of the easier profiles to get in and out of in its category.
Samples the Bloomberg U.S. 1-5 Year Corporate Bond Index with at least 80% of assets in index bonds, and its book lines up closely with that benchmark.vanguard.com
Distributions land monthly, not quarterly, and it sits among the strongest implementations in its cost-and-tracking peer group.

Worth knowing

CGSD Index core-bond options like BND and SCHZ charge 0.03%. The gap is what you pay for an active short-duration approach.
No index to hold it to. Holdings reflect the manager's judgment on credit and duration.
Launched in 2022, so it has a short history next to decades-old core bond funds.

VCSH These are company bonds, not government paper. Investment grade, but credit spreads can widen when markets get nervous, and Treasuries do not carry that risk.vanguard.com
The one-to-five-year maturity band cuts both ways: smaller price swings when rates jump, and less duration to work with when rates fall.vanguard.com
Index sampling means it holds a representative slice of the benchmark rather than every bond in it, so small differences from the index are normal.vanguard.com

Full CGSD profile⁠

Full VCSH profile⁠

CGSD vs VCSH Holdings

How CGSD and VCSH differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Sector4 Sectors28.2%
Countryby domicile88.3%
Asset classBonds100%

Sector

Sector weights in CGSD and VCSH, widest gap first
Sector	Gap	CGSD	VCSH
Corporate	VCSH +71.8 points	28.0%	99.8%
Government	CGSD +40.9 points	41.1%	0.2%
Securitized	CGSD +30.9 points	30.9%	0.0%
Municipal	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in CGSD and VCSH, widest gap first
Country	Gap	CGSD	VCSH
United States	CGSD +5.9 points	89.3%	83.4%
Cayman Islands	CGSD +3.7 points	3.8%	0.1%
United Kingdom	VCSH +3.4 points	1.4%	4.8%
Canada	VCSH +2.2 points	1.2%	3.4%
Japan	VCSH +2.1 points	0.6%	2.7%
Mexico	CGSD +1.2 points	1.3%	0.1%
Australia	VCSH +1.1 points	0.0%	1.1%
Germany	VCSH +0.9 points	0.0%	0.9%
Other countries (18)	VCSH +1.1 points	2.4%	3.5%

Concentration

Weight in the 10 largest Holdings

CGSD23.2%
VCSH3.6%

Securities held

CGSD1,109
VCSH3,063

Asset class

CGSD: Bonds
VCSH: Bonds

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. CGSD holds 1,109 securities, VCSH 3,063.

All 839 CGSD holdings⁠All 3,065 VCSH holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CGSD vs VCSH Cost

Overpaying CGSD vs VCSH

$4,521

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

CGSD 0.25%
$5,159
VCSH 0.03%
$638

Amount$10,000

Years30 years

Cost over time

CGSD 0.25%
VCSH 0.03%
Overpaying

Year by year

Year	CGSD	VCSH	Overpaying
10	$455	$55	$400
20	$1,769	$216	$1,553
30	$5,159	$638	$4,521

Expense ratio

0.25%CGSD
0.03%VCSH, cheaper

VCSH0.03%CGSD0.25%

0.03%0.51%

Middle half of Investment Grade Corporate (0-5 Year) funds
Median 0.15%

VCSH cheapest of 23 funds

CGSD 19th cheapest of 23 funds

CGSD vs VCSH Dividends

Last 12 months to Nov 9, 2026

Yield (12M): CGSD 4.41%; VCSH 4.54%, better
Payout (12M): CGSD $1.12; VCSH $3.53
Last payment: CGSD $0.10; VCSH $0.30
Ex-dividend: CGSD Oct 30, 2026; VCSH Nov 2, 2026
Paid on: CGSD Nov 2, 2026; VCSH Nov 4, 2026
Frequency: CGSD Monthly; VCSH Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CGSDMonthly · 46 paymentsAll CGSD payments⁠

VCSHMonthly · 46 paymentsAll VCSH payments⁠

CGSD vs VCSH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CGSD 2.0%, betterVCSH 2.6%
Return per unit of riskSharpe ratio, 3 years: CGSD 0.33VCSH 0.44, better
Worst fallMax drawdown, 5 years: CGSD −1.8%since Oct 2022VCSH −9.1%
Market sensitivityBeta, 5 years: CGSD 0.25VCSH 0.41; Market = 1

CGSD and VCSH in the news

All news⁠

Best ETFs
Best bond ETFs for a portfolio hold the whole investment-grade market
Updated Nov 2, 2026VCSH
New ETFs
Beacon's alternatives ETF opened 35% in the dollar, at a fee above every holding
Sep 9, 2026VCSH

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CGSD vs VCSH

In short

Stated mandate

Why people hold it

Worth knowing

How CGSD and VCSH differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best bond ETFs for a portfolio hold the whole investment-grade market

Beacon's alternatives ETF opened 35% in the dollar, at a fee above every holding

How CGSD and VCSH differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings