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FUSD vs VBIL

Federated Hermes Ultrashort Bond ETF

FUSDDCboe

Vanguard 0-3 Month Treasury Bill ETF

VBILANasdaq

Overlap

Expense ratio

VBIL −0.12pt a year

FUSD0.18%VBIL0.06%

Avg volume · 30D

VBIL 1780.4×the volume

FUSD1.71KVBIL3.04M

FUSD vs VBIL Performance

Aug 4, 2026 – Nov 4, 2026

+887290.0%FUSD+0.9%VBIL

Aug 4, 2026 to Nov 4, 2026. FUSD +887290.0%. VBIL +0.9%. Use the arrow keys to read each point.200,000%400,000%600,000%Aug 2026Sep 2026Nov 2026
Expense ratio
FUSD 0.18%
VBIL 0.06%, better
Fund size
FUSD $36M
VBIL $12.8B
1Y total return
FUSD No data
VBIL +3.7%
Yield (12M)
FUSD No data
VBIL 3.51%
Holdings
FUSD 145
VBIL 29
Avg volume (30D)
FUSD 1.71K sh
VBIL 3.04M sh, better
NAV per share
FUSD $24.86
VBIL $75.54
52W range

ETF.net Grade

FUSD: Cost 54, Risk 60, Mission 20, Tradability 2, Holdings 69, Durability 13. VBIL: Cost 95, Risk 49, Mission 100, Tradability 84, Holdings 42, Durability 79.
Pillar letters and Scores for FUSD, VBIL, with each pillar’s weight
PillarFUSDVBIL
Cost30% weightC54A95Higher
Mission25% weightF20A100Higher
Risk15% weightB60HigherC49
Tradability15% weightF2A84Higher
Holdings10% weightB69HigherC42
Durability5% weightF13A79Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FUSD and VBIL 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 ›

VBIL ranks 3rd and FUSD 69th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 3AVBILVanguard 0-3 Month Treasury Bill ETFScore 81
  4. Rank 3AVUSBVanguard Ultra-Short Bond ETFScore 81
  5. Rank 69DBAMUBrookstone Ultra-Short Bond ETFScore 37
  6. Rank 69DFUSDFederated Hermes Ultrashort Bond ETFScore 37
  7. Rank 69DSLWSSLW Short Duration Income ETFScore 37

Our read on each fund

ETF.net Research

FUSDDFederated Hermes Ultrashort Bond ETF

VBILAVanguard 0-3 Month Treasury Bill ETF

In short

FUSD No data

VBIL Vanguard's cash-parking ETF: roughly two dozen Treasury bills, none maturing more than three months out, at 0.06% a year. It landed in 2025 and undercut most of the T-bill shelf on price.

Stated mandate

FUSD No data

VBIL VBIL seeks to track the performance of a market-weighted Treasury index with an ultra-short-term dollar-weighted average maturity, using a passive approach designed to follow the Bloomberg U.S. Treasury Bills 0-3 Months Index.

Why people hold it

FUSD No data

  • VBIL It charges 0.06% a year, well under the 0.14% median for 0-1 year Treasury funds and under the category veteran, BIL.
  • Plain passive mandate on the Bloomberg U.S. Treasury Bills 0-3 Months Index, tracked very closely. One of the tightest implementations in its peer group.vanguard.com
  • Roughly two dozen bills backed by the US Treasury, every one maturing inside three months. Interest goes out monthly.
  • A multi-billion-dollar fund with active daily trading, which tends to keep bid-ask costs small.

Worth knowing

FUSD No data

  • VBIL The payout floats with short-term rates. Monthly income rises and falls with what bills yield, and nothing about it is fixed.
  • It opened in 2025, so its live record is short next to T-bill funds that have been running for years.
  • Stretching maturity gets cheaper: peer XONE targets one-year duration at 0.03%, trading lower cost for more rate sensitivity.

Full FUSD profile⁠

Full VBIL profile⁠

FUSD vs VBIL 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.

FUSD vs VBIL Cost

Overpaying FUSD vs VBIL

$2,479

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

  • FUSD 0.18%

    $3,749

  • VBIL 0.06%

    $1,270

$10,000
30 years

Cost over time

  • FUSD 0.18%
  • VBIL 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530FUSD $3,749VBIL $1,270

Year by year

YearFUSDVBILOverpaying
10$328$110$218
20$1,281$432$849
30$3,749$1,270$2,479

Expense ratio

  • 0.18%FUSD
  • 0.06%VBIL, cheaper
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

VBIL 6th cheapest of 78 funds

FUSD 36th cheapest of 78 funds

FUSD vs VBIL Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
FUSD No data
VBIL 3.51%
Payout (12M)
FUSD No data
VBIL $2.65
Last payment
FUSD $0.10
VBIL $0.24
Ex-dividend
FUSD Oct 30, 2026
VBIL Nov 2, 2026
Paid on
FUSD Nov 2, 2026
VBIL Nov 4, 2026
Frequency
FUSD Monthly
VBIL Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

FUSDMonthly · 4 paymentsAll FUSD payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Jul 31, 2026 $0.09; Aug 31, 2026 $0.09; Sep 30, 2026 $0.10; Oct 30, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD
VBILMonthly · 20 paymentsAll VBIL payments⁠
One bar per payment. 20 payments from 2025 to 2026 YTD. Apr 1, 2025 $0.23; May 1, 2025 $0.21; Jun 2, 2025 $0.22; Jul 1, 2025 $0.24; Aug 1, 2025 $0.25; Sep 2, 2025 $0.25; Oct 1, 2025 $0.24; Nov 3, 2025 $0.24; Dec 1, 2025 $0.23; Dec 18, 2025 $0.23; Feb 2, 2026 $0.23; Mar 2, 2026 $0.20; Apr 1, 2026 $0.21; May 1, 2026 $0.22; Jun 1, 2026 $0.22; Jul 1, 2026 $0.21; Aug 3, 2026 $0.23; Sep 1, 2026 $0.22; Oct 1, 2026 $0.22; Nov 2, 2026 $0.24. Use the arrow keys to read each point.$0$0.252026YTD

FUSD vs VBIL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FUSD No dataVBIL 0.1%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
FUSD No dataVBIL −1.04since Mar 2025
Worst fallMax drawdown, 5 years
FUSD No dataVBIL −0.1%since Feb 2025
Market sensitivityBeta, 5 years
FUSD 0.19VBIL −0.01

FUSD and VBIL in the news

All news⁠

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