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VBCB vs VBCD

Vanguard Target Maturity 2028 Corporate Bond ETF

VBCBANasdaq

Vanguard Target Maturity 2030 Corporate Bond ETF

VBCDANasdaq

Overlap

No data

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

VBCB0.08%VBCD0.08%

Avg volume · 30D

VBCB 1.5×the volume

VBCB25.9KVBCD17.4K

VBCB vs VBCD Performance

Jul 31, 2026 – Oct 30, 2026

+0.6%VBCB0.0%VBCD

Jul 31, 2026 to Oct 30, 2026. VBCB +0.6%. VBCD 0.0%. Use the arrow keys to read each point.−1.5%−1%−0.5%Jul 2026Sep 2026Oct 2026
Expense ratio
VBCB 0.08%
VBCD 0.08%
Fund size
VBCB $117M
VBCD $60M
Holdings
VBCB 667
VBCD 677
Avg volume (30D)
VBCB 25.9K sh, better
VBCD 17.4K sh
NAV per share
VBCB $75.14
VBCD $74.06
52W range

ETF.net Grade

VBCB: Cost 89, Risk 88, Mission 100, Tradability 40, Holdings 84, Durability 56. VBCD: Cost 89, Risk 56, Mission 100, Tradability 32, Holdings 85, Durability 54.
Pillar letters and Scores for VBCB, VBCD, with each pillar’s weight
PillarVBCBVBCD
Cost30% weightA89A89
Mission25% weightA100A100
Risk15% weightA88HigherB56
Tradability15% weightC40HigherD32
Holdings10% weightA84A85Higher
Durability5% weightB56HigherC54

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. VBCB and VBCD 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 VBCD 4th 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 4AVBCCVanguard Target Maturity 2029 Corporate Bond ETFScore 76
  4. Rank 4AVBCDVanguard Target Maturity 2030 Corporate Bond ETFScore 76
  5. Rank 6ABSCRInvesco BulletShares 2027 Corporate Bond ETFScore 74

Our read on each fund

ETF.net Research

VBCBAVanguard Target Maturity 2028 Corporate Bond ETF

VBCDAVanguard Target Maturity 2030 Corporate Bond ETF

In short

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.

VBCD Vanguard turned up late to the defined-maturity bond party and undercut the incumbents: 0.08% across its whole BondBuilder suite. VBCD is the 2030 rung, holding investment-grade corporate bonds that all come due that year.

Stated mandate

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

VBCD The Fund uses an indexing strategy to track an index of U.S. dollar-denominated, investment-grade corporate bonds scheduled to mature during 2030.

Why people hold it

  • 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.
  • VBCD Costs 0.08% a year against the 0.10% on rival 2030 and 2029 vintages such as BSCU and IBDU, and the same 0.08% applies to every fund in Vanguard's ten-ETF suite.prnewswire.com
  • Holds only investment-grade US corporate bonds scheduled to mature in 2030, so you get a bond-style end date with index diversification instead of hand-picking issues.vanguard.comvanguard.com 2
  • Built as an alternative to hand-built bond ladders and separately managed accounts, with ETF trading and diversification wrapped around a defined maturity year.prnewswire.com
  • Run by Vanguard's global bond indexing team, the same group behind its short-, intermediate- and long-term corporate bond ETFs, and it sits among the stronger builds in its peer group.prnewswire.com

Worth knowing

  • 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.
  • VBCD Launched in 2026 and still a small fund that trades thinly, so spreads can run wider than on the long-established iShares and Invesco rungs.
  • Corporate credit, not government bonds. A downgrade or default among issuers can change what the portfolio delivers, unlike a Treasury-only rung such as IBTJ.
  • Income lands quarterly, not monthly, which matters if you are lining the cash flow up against a recurring bill.

Full VBCB profile⁠

Full VBCD profile⁠

VBCB vs VBCD 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.

VBCB vs VBCD Cost

Same expense ratio

$1,689

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

  • VBCB 0.08%

    $1,689

  • VBCD 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VBCB 0.08%
  • VBCD 0.08%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530VBCB $1,689VBCD $1,689

Year by year

YearVBCBVBCD
10$147$147
20$575$575
30$1,689$1,689

Expense ratio

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

VBCB cheapest of 42 funds

VBCD cheapest of 42 funds

VBCB vs VBCD Dividends

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

Distribution history

Per share, 2026, same scale for both

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
VBCDMonthly · 6 paymentsAll VBCD payments⁠
One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.11; Jun 1, 2026 $0.25; Jul 1, 2026 $0.26; Aug 3, 2026 $0.27; Sep 1, 2026 $0.26; Oct 1, 2026 $0.26. Use the arrow keys to read each point.$0$0.252026YTD

VBCB vs VBCD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
VBCB 0.05VBCD 0.07

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