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IBCB vs VBCB

iShares iBonds Dec 2036 Term Corporate ETF

IBCBCNYSE Arca

Vanguard Target Maturity 2028 Corporate Bond ETF

VBCBANasdaq

Overlap

No data

Expense ratio

VBCB −0.02pt a year

IBCB0.10%VBCB0.08%

Avg volume · 30D

IBCB 5.2×the volume

IBCB133KVBCB25.9K

IBCB vs VBCB Performance

Jul 31, 2026 – Oct 30, 2026

−1.0%IBCB+0.6%VBCB

Jul 31, 2026 to Oct 30, 2026. IBCB −1.0%. VBCB +0.6%. Use the arrow keys to read each point.−3%−2%0%Jul 2026Sep 2026Oct 2026
Expense ratio
IBCB 0.10%
VBCB 0.08%, better
Fund size
IBCB $206M
VBCB $117M
Holdings
IBCB 355
VBCB 667
Avg volume (30D)
IBCB 133K sh, better
VBCB 25.9K sh
NAV per share
IBCB $24.07
VBCB $75.14
52W range

ETF.net Grade

IBCB: Cost 50, Risk 31, Mission 80, Tradability 38, Holdings 45, Durability 42. VBCB: Cost 89, Risk 88, Mission 100, Tradability 40, Holdings 84, Durability 56.
Pillar letters and Scores for IBCB, VBCB, with each pillar’s weight
PillarIBCBVBCB
Cost30% weightC50A89Higher
Mission25% weightA80A100Higher
Risk15% weightD31A88Higher
Tradability15% weightD38C40Higher
Holdings10% weightC45A84Higher
Durability5% weightC42B56Higher

Rank among Defined-Maturity Investment Grade Corporate funds

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

Same Category. IBCB and VBCB are both graded against the same 42 Defined-Maturity Investment Grade Corporate funds, so their Grades compare head to head.

Defined-Maturity Investment Grade Corporate⁠

Category · 42 funds
See all 42 ›

VBCB ranks 1st and IBCB 32nd of 42 funds in the Defined-Maturity Investment Grade Corporate Category.

  1. Rank 1AVBCBVanguard Target Maturity 2028 Corporate Bond ETFScore 82
  2. Rank 2AVBCAVanguard Target Maturity 2027 Corporate Bond ETFScore 78
  3. Rank 31CMYCGState Street My2027 Corporate Bond ETFScore 54
  4. Rank 32CIBCBiShares iBonds Dec 2036 Term Corporate ETFScore 51
  5. Rank 33CMYCKState Street My2031 Corporate Bond ETFScore 45

Our read on each fund

ETF.net Research

IBCBCiShares iBonds Dec 2036 Term Corporate ETF

VBCBAVanguard Target Maturity 2028 Corporate Bond ETF

In short

IBCB A bond ladder rung with a date stamped on it: IBCB holds roughly 300 investment-grade corporate bonds that all come due in 2036, so the term ends when the bonds do.

VBCB Vanguard finally showed up to the bond-ladder party. VBCB owns U.S. investment-grade corporate bonds that all mature in 2028, and it undercuts the typical target-maturity rung on fees.

Stated mandate

IBCB The fund seeks to track an index of U.S.-dollar-denominated, investment-grade corporate bonds maturing in 2036.

VBCB The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds that mature in 2028.

Why people hold it

  • IBCB Every bond in the basket is slated to mature in 2036, giving the portfolio a defined end date instead of rolling on forever like a standard corporate bond fund.
  • Charges 0.10% a year and spreads it across roughly 300 investment-grade corporate issues tracked by the Bloomberg December 2036 Maturity Corporate Index.
  • Pays quarterly, and the index keeps the credit box to investment grade rather than reaching into junk for extra income.
  • One rung in the wider iBonds shelf: nearer-dated siblings such as IBDU (2029) sit among the strongest names in this cohort, so whole ladders live in one family.
  • VBCB Charges 0.08% a year, below the 0.10% typical for target-maturity bond funds and below the iBonds and BulletShares rungs (IBDU, BSCT, BSCU) it lines up against.
  • Every bond in the index is dollar-denominated investment grade maturing in 2028: one rung of a bond ladder in one ticker, with income paid quarterly.
  • A plain market-weighted ICE index run through Vanguard's index plumbing, and one of the stronger builds in the target-maturity bond group.

Worth knowing

  • IBCB It launched in 2026, so the live record is short and any read on its risk behavior rests on limited history.
  • A 2036 maturity is a long rung. Prices move more with interest rates than short-dated funds like the 2028 and 2029 vintages do.
  • The 0.10% fee matches the typical target-maturity bond fund rather than undercutting it (VBCB runs 0.08%), and this one trades moderately, so limit orders are standard practice.
  • VBCB Launched in 2026 and still small, it trades thinly, so spreads can run wider than on the long-established corporate ladders.
  • Corporate credit, not Treasuries. Investment grade lowers the odds of trouble, but downgrades and defaults stay in the mix.
  • One maturity year, not a whole curve. This is a rung, not a stand-in for a broad bond fund.

Full IBCB profile⁠

Full VBCB profile⁠

IBCB vs VBCB 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.

IBCB vs VBCB Cost

Overpaying IBCB vs VBCB

$417

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

  • IBCB 0.10%

    $2,106

  • VBCB 0.08%

    $1,689

$10,000
30 years

Cost over time

  • IBCB 0.10%
  • VBCB 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530IBCB $2,106VBCB $1,689

Year by year

YearIBCBVBCBOverpaying
10$183$147$36
20$717$575$142
30$2,106$1,689$417

Expense ratio

  • 0.10%IBCB
  • 0.08%VBCB, cheaper
  • Middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

VBCB cheapest of 42 funds

IBCB 11th cheapest of 42 funds

IBCB vs VBCB Dividends

Last 12 months to Oct 30, 2026
Last payment
IBCB $0.10
VBCB $0.26
Ex-dividend
IBCB Oct 1, 2026
VBCB Oct 1, 2026
Paid on
IBCB Oct 6, 2026
VBCB Oct 5, 2026
Frequency
IBCB Monthly
VBCB Monthly

Distribution history

Per share, 2026, same scale for both

IBCBMonthly · 6 paymentsAll IBCB payments⁠
One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.07; Jun 1, 2026 $0.09; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.09; Oct 1, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD
VBCBMonthly · 6 paymentsAll VBCB payments⁠
One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.07; Jun 1, 2026 $0.24; Jul 1, 2026 $0.22; Aug 3, 2026 $0.24; Sep 1, 2026 $0.20; Oct 1, 2026 $0.26. Use the arrow keys to read each point.$0$0.252026YTD

IBCB vs VBCB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
IBCB 0.14VBCB 0.05

IBCB and VBCB in the news

All news⁠

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