Data as of Oct 28, 2026.

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BSV vs SPSB: Differences, Returns & Fees

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On Jun 30, 2026 BSV's duration was 2.5 years and SPSB's 1.8; BSV charges 0.03% to SPSB's 0.04%.

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Net assets: $45.4bn on Sep 30, 2026 for Vanguard Short-Term Bond ETF, and $11.3bn on Oct 27, 2026 for State Street SPDR Portfolio Short Term Corporate Bond ETF.

At a glance
+1.0%
BSV total return, 1 year
+2.2%
SPSB total return, 1 year
0.03%
BSV expense ratio
0.04%
SPSB expense ratio

Pair scorecard

BSV costs 0.01 points a year less; their one-year returns differ by 1.2 points; BSV is 4.1 times larger.

BSV vs SPSB: Differences, Returns & Fees
MeasureBSVSPSB
Return
Total return, 1 year+1.0%+2.2%
Benchmark
What it tracksBloomberg U.S. 1-5 Year Government/Credit Float Adjusted IndexBloomberg U.S. 1-3 Year Corporate Bond Index
Cost and size
Expense ratio0.03%0.04%
Net assets, as of Sep 30, 2026$45.4bn$11.1bn
Holdings
Holdings in common12%

Holdings in common uses holdings dated Jun 30, 2026. Method

Risk and return

Dec 24, 2009 to Oct 23, 2026 · 878 weekly returns
BSV SPSB
Return
Total return edge SPSB +38.3% +47.3%
Annualized edge SPSB +1.9% +2.3%
Price return edge SPSB −3.6% −1.4%
Risk
Volatility edge BSV 2.0% 3.0%
Max drawdown edge BSV −8.1% −9.9%
Risk-adjusted
Sharpe edge SPSB 0.20 0.27
Sortino edge SPSB 0.30 0.39
Calmar edge Tie 0.24 0.23
Reading

SPSB returned more: +47.3% to +38.3%. BSV swung less: 2.0% to 3.0%. BSV fell less at its worst: −8.1% to −9.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BSV vs SPSB: Differences, Returns & Fees
MeasureBSVSPSBEdgeHow it is measured
Return
Total return+38.3%+47.3%SPSBPrice change plus distributions, reinvested.
Annualized+1.9%+2.3%SPSBTotal return as a yearly rate.
Price return−3.6%−1.4%SPSBPrice change alone, distributions left out.
Risk
Volatility2.0%3.0%BSVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation1.4%2.1%BSVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−8.1%−9.9%BSVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.200.27SPSBReturn above Treasury bills per unit of volatility.
Sortino0.300.39SPSBReturn above Treasury bills per unit of downside deviation.
Calmar0.240.23TieAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 878 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

12%

By the books each fund has filed, BSV and SPSB hold 12% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

12% in common

Positions both hold · largest shared weight first BSV SPSB
BANK OF AMER CRP, due Jul 22, 2028 0.06% 0.36%
AERCAP IRELAND, due Oct 29, 2028 0.06% 0.44%
ANHEUSER-BUSCH, due Jan 23, 2029 0.06% 0.19%
WELLS FARGO CO, due Jul 25, 2029 0.05% 0.25%
WELLS FARGO CO, due Jul 25, 2028 0.05% 0.37%
JPMORGAN CHASE, due Jul 25, 2028 0.05% 0.38%
MORGAN STANLEY, due Jan 16, 2030 0.05% 0.09%
BANK OF AMER CRP, due Apr 25, 2029 0.05% 0.30%
PFIZER INVSTMNT, due May 19, 2028 0.05% 0.37%
SPRINT CAP CORP, due Nov 15, 2028 0.05% 0.37%
CVS HEALTH CORP, due Mar 25, 2028 0.04% 0.27%
JPMORGAN CHASE, due Oct 23, 2029 0.04% 0.24%
Only in one fund ↓
Only in BSV
US TREASURY N/B, due Jan 31, 2028 1.12%
US TREASURY N/B, due Dec 31, 2027 0.89%
US TREASURY N/B, due Feb 28, 2030 0.88%
US TREASURY N/B, due Mar 31, 2028 0.81%
US TREASURY N/B, due Jul 15, 2027 0.80%
US TREASURY N/B, due Nov 15, 2030 0.79%
US TREASURY N/B, due May 31, 2031 0.78%
US TREASURY N/B, due Dec 31, 2029 0.77%
Only in SPSB
JPMorgan Chase & Co, due Apr 23, 2030 0.24%
Morgan Stanley, due Jul 22, 2028 0.18%
Morgan Stanley Private Bank NA, due Feb 8, 2030 0.18%
Apple Inc, due Aug 4, 2026 0.17%
QUALCOMM Inc, due May 20, 2028 0.17%
Verizon Communications Inc, due Mar 22, 2028 0.17%
Bank of America Corp, due May 9, 2029 0.17%
Bank of America Corp, due Jul 22, 2027 0.16%
Check overlap with more funds →

Side by side

BSV Vanguard Short-Term Bond ETF SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Short-Term Bond Tracks an index of Short Term Corporate Bond
Total return, 1 year +1.0% +2.2%
Its benchmark over the same days not measured −1.4% (AGG)
Gap to its benchmark not measured +3.6 pts vs AGG
Expense ratio 0.03% 0.04%
Holdings 3157 1684
Net assets, BSV as of Sep 30, 2026 and SPSB as of Oct 27, 2026 $45.4bn $11.3bn

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

Client brief · page 1 of 2 Report BR-911991DAB9

BSV and SPSB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. BSV follows Bloomberg U.S. 1-5 Year Government/Credit Float Adjusted Index and SPSB follows Bloomberg U.S. 1-3 Year Corporate Bond Index.
  2. Holdings in common. 12% of the weight is in the same securities (holdings dated Jun 30, 2026).
  3. Size. BSV has $45.4bn in net assets and SPSB $11.1bn (net assets, as of Sep 30, 2026); BSV is 4.1 times larger.

Data as of Oct 28, 2026.

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About each fund
BSV

BSV tracks an index of Short-Term Bond. Over the year to Oct 28, 2026 it returned +1.0% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, BSV or SPSB?
In the year to Oct 28, 2026, with distributions reinvested, BSV returned +1.0% and SPSB +2.2%.
Which is cheaper, BSV or SPSB?
BSV is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BSV against SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bsv-vs-spsb

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