Data as of Oct 28, 2026.

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BINC vs VGSH: Differences, Returns & Fees

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BINC's duration was 2.9 years on Jul 31, 2026 and VGSH's 1.8 on May 31, 2026; VGSH charges 0.03% to BINC's 0.40%.

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Net assets: $16.8bn on Oct 27, 2026 for iShares Flexible Income Active ETF, and $35.1bn on Sep 30, 2026 for Vanguard Short-Term Treasury ETF.

At a glance
+0.5%
BINC total return, 1 year
+1.7%
VGSH total return, 1 year
0.40%
BINC expense ratio
0.03%
VGSH expense ratio

Pair scorecard

VGSH costs 0.37 points a year less; their one-year returns differ by 1.2 points; VGSH is 2.1 times larger.

BINC vs VGSH: Differences, Returns & Fees
MeasureBINCVGSH
Return
Total return, 1 year+0.5%+1.7%
Benchmark
What it tracksNo index, actively managedBloomberg U.S. Treasury 1-3 Year Index
Cost and size
Expense ratio0.40%0.03%
Net assets, as of Sep 30, 2026$16.4bn$35.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund24.6%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026. Method

Risk and return

Jun 2, 2023 to Oct 23, 2026 · 177 weekly returns
BINC VGSH
Return
Total return edge BINC +21.3% +13.7%
Annualized edge BINC +5.8% +3.8%
Price return edge BINC +0.2% −0.3%
Risk
Volatility edge VGSH 3.1% 1.6%
Max drawdown edge VGSH −2.7% −0.8%
Risk-adjusted
Sharpe edge BINC 0.37 −0.50
Sortino edge BINC 0.57 −0.70
Calmar edge VGSH 2.20 4.69
Reading

BINC returned more: +21.3% to +13.7%. VGSH swung less: 1.6% to 3.1%. VGSH fell less at its worst: −0.8% to −2.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BINC vs VGSH: Differences, Returns & Fees
MeasureBINCVGSHEdgeHow it is measured
Return
Total return+21.3%+13.7%BINCPrice change plus distributions, reinvested.
Annualized+5.8%+3.8%BINCTotal return as a yearly rate.
Price return+0.2%−0.3%BINCPrice change alone, distributions left out.
Risk
Volatility3.1%1.6%VGSHSpread of weekly returns, annualized. Lower is steadier.
Downside deviation2.0%1.1%VGSHLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−2.7%−0.8%VGSHDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.37−0.50BINCReturn above Treasury bills per unit of volatility.
Sortino0.57−0.70BINCReturn above Treasury bills per unit of downside deviation.
Calmar2.204.69VGSHAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, BINC and VGSH hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BINC VGSH
Only in one fund ↓
Only in BINC
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 6.83%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 3.48%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.35%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.57%
iShares iBoxx USD High Yield Corporate Bond ETF 1.46%
Italy Buoni Poliennali Del Tesoro, due Feb 1, 2031 1.32%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.10%
iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%
Only in VGSH
US TREASURY N/B, due Jan 31, 2028 2.24%
US TREASURY N/B, due Apr 30, 2029 1.40%
US TREASURY N/B, due Jul 31, 2027 1.35%
US TREASURY N/B, due Feb 28, 2029 1.31%
US TREASURY N/B, due Mar 31, 2029 1.30%
US TREASURY N/B, due Jun 15, 2027 1.29%
US TREASURY N/B, due May 15, 2027 1.26%
US TREASURY N/B, due Aug 15, 2027 1.26%
Check overlap with more funds →

Side by side

BINC iShares Flexible Income Active ETF VGSH Vanguard Short-Term Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index of Short-Term Treasury
Total return, 1 year +0.5% +1.7%
Its benchmark over the same days not measured +1.8% (SCHO)
Gap to its benchmark not measured −0.1 pts vs SCHO
Expense ratio 0.40% 0.03%
Holdings 4690 93
Net assets, BINC as of Oct 27, 2026 and VGSH as of Sep 30, 2026 $16.8bn $35.1bn

BINC and VGSH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-397BF86159

BINC and VGSH do different jobs. What does each one do in a portfolio?

  1. What each follows. BINC follows No index, actively managed and VGSH follows Bloomberg U.S. Treasury 1-3 Year Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. Number of holdings. BINC holds 4,690 positions and VGSH holds 93.

Data as of Oct 28, 2026.

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About each fund
BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, BINC or VGSH?
In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and VGSH +1.7%.
Which is cheaper, BINC or VGSH?
VGSH is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BINC against VGSH, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-vgsh

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