CGUI vs VUSB: Grades, Fees and Holdings Compared

Capital Group Ultra Short Income ETF

CGUIBNYSE Arca

Vanguard Ultra-Short Bond ETF

VUSBACboe

Overlap

No data

Expense ratio

VUSB −0.08pt a year

CGUI0.18%VUSB0.10%

Avg volume · 30D

VUSB 11.0×the volume

CGUI183KVUSB2.01M

CGUI vs VUSB Performance

Nov 4, 2025 – Nov 4, 2026

+3.9%CGUI+3.7%VUSB

Expense ratio: CGUI 0.18%; VUSB 0.10%, better
Fund size: CGUI $387M; VUSB $9.9B
1Y total return: CGUI +3.9%, better; VUSB +3.7%
Yield (12M): CGUI 3.82%; VUSB 4.28%, better
Holdings: CGUI 449; VUSB 1352
Avg volume (30D): CGUI 183K sh; VUSB 2.01M sh, better
NAV per share: CGUI $25.22; VUSB $49.45
52W range

ETF.net Grade

Pillar letters and Scores for CGUI, VUSB, with each pillar’s weight
Pillar	CGUI	VUSB
Cost30% weight	C54	A84Higher
Mission25% weight	A100	A100
Risk15% weight	B55Higher	C53
Tradability15% weight	D37	B67Higher
Holdings10% weight	A80	A86Higher
Durability5% weight	B60	A88Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›

Same Category. CGUI and VUSB are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds

See all 78 ›

VUSB ranks 3rd and CGUI 27th of 78 funds in the Cash & Ultra-Short Income Category.

Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
Rank 3AVBILVanguard 0-3 Month Treasury Bill ETFScore 81
Rank 3AVUSBVanguard Ultra-Short Bond ETFScore 81
Rank 5ASGOViShares 0-3 Month Treasury Bond ETFScore 80
Rank 25BTBUXT. Rowe Price Ultra Short-Term Bond ETFScore 68
Rank 27BCGUICapital Group Ultra Short Income ETFScore 66
Rank 27BEVSBEaton Vance Ultra-Short Income ETFScore 66

Our read on each fund

ETF.net Research

CGUIBCapital Group Ultra Short Income ETF

VUSBAVanguard Ultra-Short Bond ETF

In short

CGUI Capital Group made its name on active bond and stock pickers, not index trackers. CGUI points that machinery at the dull end of the curve: investment-grade paper, duration held to a year or less, income paid monthly.

VUSB Vanguard's first actively managed bond ETF, run by its in-house fixed income team and priced at 0.10%. It holds investment-grade paper maturing inside two years: a step past a money fund, well short of a real bond fund.

Stated mandate

CGUI The fund seeks current income while maintaining an ultra-short duration profile and focusing on capital preservation.

VUSB The fund seeks current income with limited price volatility while investing in diversified high- and medium-quality fixed-income securities. It expects to maintain a dollar-weighted average maturity of 0–2 years.

Why people hold it

CGUI The rulebook is tight: an average portfolio duration of one year or less and a dollar-weighted average effective maturity of two years or less under normal conditions.sec.gov
At 0.18% a year it undercuts the typical cash-alternative fund and matches JPST, the category's most established name, on price.
Actively run, not an index copy. The 3-month T-bill index is the yardstick, not the shopping list, so managers can pick their spots across short corporate and securitized paper.capitalgroup.com
Income arrives monthly, spread across a couple hundred short-dated positions, and the fund sits in the upper half of its cash-alternative peer group.

VUSB At 0.10%, it costs half the typical ultra-short bond ETF and undercuts the other leaders in the group: SHV, PULS, FLDR and DUSB all charge 0.15%.
Active, not adventurous. The managers buy investment-grade bonds (A3-or-better high quality plus BBB-tier medium quality) and hold average maturity to zero-to-two years.vanguard.com
Income lands monthly, sourced from roughly 170 bonds, so no single issuer drives the outcome.
A multi-billion-dollar fund that trades actively, and the same portfolio team also runs a similar Vanguard ultra-short fund.vanguard.com

Worth knowing

CGUI It is a bond fund, not a money market fund. The share price moves, and on an exchange it can trade above or below the value of what it holds.capitalgroup.com
Launched in 2024, so the live record is short next to cash funds that have already traded through several rate cycles.
Cheaper shelf-mates exist: ICSH charges 0.08%, well under half the fee, with a different portfolio behind it.

VUSB This is not a money market fund. No fixed $1 share price, and the market price can trade above or below the value of the holdings.vanguard.com
The mandate allows BBB-tier credit, a notch of risk a Treasury-only neighbor like SHV doesn't take.vanguard.com
Bonds this short reprice with short-term rates, so the monthly payout drifts up and down instead of holding a set level.vanguard.com

Full CGUI profile⁠

Full VUSB profile⁠

CGUI vs VUSB Holdings

How CGUI and VUSB differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile86.3%
Asset classFixed Income100%

Sector

No Sector split for VUSB.

Country, concentration and asset class

Country by domicile

Country weights in CGUI and VUSB, widest gap first
Country	Gap	CGUI	VUSB
Canada	VUSB +4.9 points	2.3%	7.2%
Mexico	CGUI +3.5 points	3.5%	0.0%
United Kingdom	VUSB +3.1 points	0.4%	3.5%
Singapore	CGUI +2.1 points	2.1%	0.0%
Austria	CGUI +2.1 points	2.1%	0.0%
Germany	VUSB +1.7 points	0.0%	1.7%
Netherlands	CGUI +1.7 points	2.1%	0.4%
Sweden	CGUI +1.5 points	1.6%	0.1%
Other countries (16)	VUSB +1.2 points	85.9%	87.1%

Outside the US: CGUI 78% developed, 22% emerging.

Concentration

Weight in the 10 largest Holdings

CGUI17.5%
VUSB12.6%

Securities held

CGUI439
VUSB1,346

Asset class

CGUI: Fixed Income
VUSB: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. CGUI holds 439 securities, VUSB 1,346.

All 246 CGUI holdings⁠All 1,347 VUSB 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.

CGUI vs VUSB Cost

Overpaying CGUI vs VUSB

$1,643

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

CGUI 0.18%
$3,749
VUSB 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

CGUI 0.18%
VUSB 0.10%
Overpaying

Year by year

Year	CGUI	VUSB	Overpaying
10	$328	$183	$145
20	$1,281	$717	$564
30	$3,749	$2,106	$1,643

Expense ratio

0.18%CGUI
0.10%VUSB, cheaper

VUSB0.10%CGUI0.18%

0.03%1.00%

Middle half of Cash & Ultra-Short Income funds
Median 0.18%

VUSB 13th cheapest of 78 funds

CGUI 36th cheapest of 78 funds

CGUI vs VUSB Dividends

Last 12 months to Nov 4, 2026

Yield (12M): CGUI 3.82%; VUSB 4.28%, better
Payout (12M): CGUI $0.97; VUSB $2.12
Last payment: CGUI $0.09; VUSB $0.18
Ex-dividend: CGUI Oct 30, 2026; VUSB Nov 2, 2026
Paid on: CGUI Nov 2, 2026; VUSB Nov 4, 2026
Frequency: CGUI Monthly; VUSB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CGUIMonthly · 28 paymentsAll CGUI payments⁠

VUSBMonthly · 46 paymentsAll VUSB payments⁠

CGUI vs VUSB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CGUI 0.5%since Jul 2024VUSB 0.8%
Return per unit of riskSharpe ratio, 3 years: CGUI 0.92since Jul 2024VUSB 0.86
Worst fallMax drawdown, 5 years: CGUI −0.2%since Jun 2024VUSB −1.7%
Market sensitivityBeta, 5 years: CGUI 0.02VUSB 0.10; Market = 1

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