Data as of Oct 28, 2026.

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GOVT vs VPL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GOVT returned −1.5% to VPL's +24.8%; 0% of their weight is in the same names.

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Net assets: $42.8bn on Oct 27, 2026 for iShares U.S. Treasury Bond ETF, and $9.0bn on Sep 30, 2026 for Vanguard FTSE Pacific ETF.

At a glance
−1.5%
GOVT total return, 1 year
+24.8%
VPL total return, 1 year
0.05%
GOVT expense ratio
0.07%
VPL expense ratio

Pair scorecard

GOVT costs 0.02 points a year less; their one-year returns differ by 26.3 points; GOVT is 4.6 times larger.

GOVT vs VPL: Differences, Returns & Fees
MeasureGOVTVPL
Return
Total return, 1 year−1.5%+24.8%
Drawdown
Below its high8.1%, high on Aug 4, 20207.2%, high on Jun 22, 2026
Benchmark
What it tracksICE U.S. Treasury Core Bond IndexFTSE Developed Asia Pacific All Cap Index
Cost and size
Expense ratio0.05%0.07%
Net assets, as of Sep 30, 2026$41.4bn$9.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund24.8%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, GOVT and VPL hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GOVT VPL
Only in one fund ↓
Only in GOVT
TREASURY NOTE 5.17%
TREASURY NOTE 2.98%
TREASURY NOTE 2.12%
TREASURY NOTE 1.95%
TREASURY NOTE 1.65%
TREASURY BOND 1.51%
TREASURY BOND 1.46%
TREASURY BOND 1.42%
Only in VPL
Samsung Electronics Co Ltd 7.11%
SK hynix Inc 5.82%
Mitsubishi UFJ Financial Group Inc 1.98%
BHP Group Ltd 1.69%
SLBBH1142 1.57%
Toyota Motor Corp 1.51%
Commonwealth Bank of Australia 1.37%
Tokyo Electron Ltd 1.30%
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Side by side

GOVT iShares U.S. Treasury Bond ETF VPL Vanguard FTSE Pacific ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of U.S. Treasury Bond Tracks an index of Pacific Stock
Total return, 1 year −1.5% +24.8%
Expense ratio 0.05% 0.07%
Holdings 229 2343
Net assets, GOVT as of Oct 27, 2026 and VPL as of Sep 30, 2026 $42.8bn $9.0bn

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

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About each fund
GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.

VPL

VPL tracks an index of Pacific Stock. Over the year to Oct 28, 2026 it returned +24.8% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,343 positions, with the top ten at 24.8%. It sat 7.2% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GOVT or VPL?
In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and VPL +24.8%.
Which is cheaper, GOVT or VPL?
GOVT is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, GOVT against VPL, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-vpl

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