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LBOX vs VUSB

GraniteShares Short Term Box ETF

LBOX—Cboe

Vanguard Ultra-Short Bond ETF

VUSBACboe

Overlap

0.0%by weight

Expense ratio

VUSB −0.03pt a year

LBOX0.13%VUSB0.10%

Avg volume · 30D

VUSB 509.4×the volume

LBOX3.87KVUSB1.97M

LBOX vs VUSB Performance

Sep 30, 2026 – Oct 30, 2026

+0.4%LBOX+0.5%VUSB

Sep 30, 2026 to Oct 30, 2026. LBOX +0.4%. VUSB +0.5%. Use the arrow keys to read each point.0%0.1%0.2%Sep 30Oct 15Oct 30
Expense ratio
LBOX 0.13%
VUSB 0.10%, better
Fund size
LBOX $3M
VUSB $9.9B
1Y total return
LBOX No data
VUSB +3.7%
Yield (12M)
LBOX No data
VUSB 4.27%
Holdings
LBOX 3
VUSB 1348
Avg volume (30D)
LBOX 3.87K sh
VUSB 1.97M sh, better
NAV per share
LBOX $25.19
VUSB $49.62
52W range

ETF.net Grade

  • —LBOXNot yet graded
VUSB: Cost 84, Risk 53, Mission 100, Tradability 66, Holdings 90, Durability 89.
Pillar letters and Scores for LBOX, VUSB, with each pillar’s weight
PillarLBOXVUSB
Cost30% weightNot scoredA84
Mission25% weightNot scoredA100
Risk15% weightNot scoredC53
Tradability15% weightNot scoredB66
Holdings10% weightNot scoredA90
Durability5% weightNot scoredA89

Rank among Cash & Ultra-Short Income funds

How we build Categories ›

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

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

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 85
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 3AVUSBVanguard Ultra-Short Bond ETFScore 81
  4. Rank 4ATBLLInvesco Short Term Treasury ETFScore 80
  5. LBOXNot yet graded

Our read on each fund

ETF.net Research

LBOX—GraniteShares Short Term Box ETF

VUSBAVanguard Ultra-Short Bond ETF

In short

LBOX No data

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

LBOX No data

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

LBOX No data

  • 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

LBOX No data

  • 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 LBOX profile⁠

Full VUSB profile⁠

LBOX vs VUSB Holdings

How LBOX and VUSB differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of LBOX and 0.0% of VUSB.

Level by level

  • Asset classEquity, Fixed Income0.0%
  • Holdings0 in both0.0%
  • Countryby domicile77.2%

Sector

No Sector split for VUSB.

Country, concentration and asset class

Country by domicile

Country weights in LBOX and VUSB, widest gap first
CountryMore in LBOXMore in VUSB
United StatesLBOX +22.6 points
CanadaVUSB +7.2 points
United KingdomVUSB +3.5 points
Cayman IslandsVUSB +2.5 points
JapanVUSB +2.1 points
GermanyVUSB +1.7 points
AustraliaVUSB +1.6 points
IrelandVUSB +0.8 points
Other countries (15)VUSB +3.3 points

Concentration

Weight in the 10 largest Holdings

  • LBOX100.0%
  • VUSB11.2%

Securities held

  • LBOX2
  • VUSB1,342

Asset class

LBOX
Equity
VUSB
Fixed Income

Holdings

  • Only in LBOX2
  • In both0
  • Only in VUSB1,342

Only in LBOX

2 securities, 99.0% of LBOX by weight

  • 2SPY 11/20/2026 C500.0053.73%
  • 2SPY 11/20/2026 P1000.0045.24%

Only in VUSB

1,342 securities, 96.2% of VUSB by weight

  • United States Treasury Bill 09/02/20272.24%
  • United States Treasury Bill 09/30/20272.20%
  • Regions Bank/Birmingham AL 4.75% 07/27/20290.83%

Weight gaps

LBOX and VUSB share no securities.

All LBOX holdings⁠All 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.

LBOX vs VUSB Cost

Overpaying LBOX vs VUSB

$721

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

  • LBOX 0.1349%

    $2,827

  • VUSB 0.10%

    $2,106

$10,000
30 years

Cost over time

  • LBOX 0.1349%
  • VUSB 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530LBOX $2,827VUSB $2,106

Year by year

YearLBOXVUSBOverpaying
10$247$183$64
20$964$717$247
30$2,827$2,106$721

Expense ratio

  • 0.13%LBOX
  • 0.10%VUSB, cheaper
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

VUSB 13th cheapest of 78 funds

LBOX 17th cheapest of 78 funds

LBOX vs VUSB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LBOX No data
VUSB 4.27%
Payout (12M)
LBOX None
VUSB $2.12
Last payment
LBOX No data
VUSB $0.18
Ex-dividend
LBOX No data
VUSB Oct 1, 2026
Paid on
LBOX No data
VUSB Oct 5, 2026
Frequency
LBOX No data
VUSB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

LBOXAll LBOX payments⁠

No distribution history available.

VUSBMonthly · 45 paymentsAll VUSB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.16; Mar 1, 2023 $0.15; Apr 3, 2023 $0.16; May 1, 2023 $0.17; Jun 1, 2023 $0.18; Jul 3, 2023 $0.18; Aug 1, 2023 $0.19; Sep 1, 2023 $0.19; Oct 2, 2023 $0.20; Nov 1, 2023 $0.20; Dec 1, 2023 $0.21; Dec 22, 2023 $0.22; Feb 1, 2024 $0.22; Mar 1, 2024 $0.20; Apr 1, 2024 $0.23; May 1, 2024 $0.22; Jun 3, 2024 $0.22; Jul 1, 2024 $0.21; Aug 1, 2024 $0.21; Sep 3, 2024 $0.21; Oct 1, 2024 $0.21; Nov 1, 2024 $0.21; Dec 2, 2024 $0.21; Dec 24, 2024 $0.21; Feb 3, 2025 $0.21; Mar 3, 2025 $0.19; Apr 1, 2025 $0.20; May 1, 2025 $0.19; Jun 2, 2025 $0.20; Jul 1, 2025 $0.19; Aug 1, 2025 $0.19; Sep 2, 2025 $0.19; Oct 1, 2025 $0.19; Nov 3, 2025 $0.19; Dec 1, 2025 $0.18; Dec 18, 2025 $0.18; Feb 2, 2026 $0.18; Mar 2, 2026 $0.17; Apr 1, 2026 $0.18; May 1, 2026 $0.18; Jun 1, 2026 $0.17; Jul 1, 2026 $0.18; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.18. Use the arrow keys to read each point.$0$0.2520232026YTD

LBOX vs VUSB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LBOX No dataVUSB 0.8%
Return per unit of riskSharpe ratio, 3 years
LBOX No dataVUSB 0.86
Worst fallMax drawdown, 5 years
LBOX No dataVUSB −1.7%
Market sensitivityBeta, 5 years
LBOX 0.00VUSB 0.10

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