Which returned more over the last year, IBTG or VNLA?

In the year to Oct 20, 2026, with distributions reinvested, IBTG returned +3.6% and VNLA +3.6%.

Which is cheaper, IBTG or VNLA?

IBTG is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

IBTG vs VNLA: Differences, Returns & Fees

On Jul 31, 2026 IBTG's duration was 0.2 years and VNLA's 0.8; IBTG charges 0.07% to VNLA's 0.23%. Net assets: $1.9bn on Oct 20, 2026 for iShares iBonds Dec 2026 Term Treasury ETF, and $3.3bn on Jul 31, 2026 for Janus Henderson Short Duration Income ETF.

Ask IQ about this page

Ask IQ about IBTG and VNLA

Answers cite the figures on this page.

IBTG costs 0.16 points a year less; both returned +3.6% over a year; VNLA is 1.5 times larger.

IBTG vs VNLA: Differences, Returns & Fees
	IBTG	VNLA
Expense ratio	0.07%	0.23%
Net assets, as of Jul 31, 2026	$2.2bn	$3.3bn
Total return, 1 year	+3.6%	+3.6%
What it tracks	ICE 2026 Maturity US Treasury Index	No index, actively managed
Holdings in common	0%

Holdings in common uses holdings dated Jul 31, 2026.

+3.6%

IBTG total return, 1 year

+3.6%

VNLA total return, 1 year

0.07%

IBTG expense ratio

0.23%

VNLA expense ratio

Client brief · page 1 of 2Report BR-AF44973BE7

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

What each follows. IBTG follows ICE 2026 Maturity US Treasury Index and VNLA follows No index, actively managed.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026).
Number of holdings. IBTG holds 10 positions and VNLA holds 336.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

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

50%

half

0% in common

Positions both hold, largest shared weight first

Holding IBTG VNLA

Only in IBTG

U.S. Treasury Notes, due Sep 30, 2026 6.46%

U.S. Treasury Notes, due Oct 31, 2026 6.10%

U.S. Treasury Notes, due Aug 31, 2026 5.71%

U.S. Treasury Notes, due Nov 30, 2026 5.62%

U.S. Treasury Notes, due Sep 30, 2026 5.29%

U.S. Treasury Notes, due Oct 31, 2026 5.27%

U.S. Treasury Notes, due Nov 30, 2026 5.13%

U.S. Treasury Notes, due Aug 15, 2026 5.03%

Only in VNLA

Global Payments, Inc., due Aug 3, 2026 1.59%

Antero Resources Corp., due Aug 3, 2026 1.48%

Morgan Stanley Bank NA, due Jan 14, 2028 1.31%

HCA, Inc., due Aug 3, 2026 1.04%

Ares Capital Corp., due Aug 24, 2026 0.93%

Fidelity National Information Services, Inc., due Aug 4, 2026 0.91%

Ares Capital Corp., due Aug 11, 2026 0.90%

Enbridge, Inc., due Aug 27, 2026 0.88%

Check overlap with more funds →

On the same fields

IBTG

iShares iBonds Dec 2026 Term Treasury ETF

VNLA

Janus Henderson Short Duration Income ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Janus Henderson

What it is Tracks an index Actively managed

Total return, 1 year +3.6% +3.6%

Its benchmark over the same days not measured −1.9% (AGG)

Gap to its benchmark not measured +5.5 pts vs AGG

Expense ratio 0.07% 0.23%

Holdings 10 336

Net assets, IBTG as of Oct 20, 2026 and VNLA as of Jul 31, 2026 $1.9bn $3.3bn

IBTG and VNLA on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IBTG

IBTG tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

About VNLA

VNLA is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.23% a year.

Questions people ask

Which returned more over the last year, IBTG or VNLA?: In the year to Oct 20, 2026, with distributions reinvested, IBTG returned +3.6% and VNLA +3.6%.
Which is cheaper, IBTG or VNLA?: IBTG is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FLRN vs IBTG FLTR vs IBTG BSCQ vs IBTG BILS vs IBTG VNLA vs YEAR DUSB vs VNLA RAVI vs VNLA VGUS vs VNLA

IBTG on its own →VNLA on its own →Hold both: look the portfolio through →Rankings →IBTG dividend history →IBTG holdings →VNLA dividend history →VNLA holdings →Standards and sources →

Where these figures came from

IBTG filings on SEC EDGAR ↗IBTG prospectus with the expense ratio (SEC) ↗iShares page for IBTG ↗VNLA filings on SEC EDGAR ↗VNLA prospectus with the expense ratio (SEC) ↗Janus Henderson website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IBTG against VNLA, data as of Oct 20, 2026. https://etfiq.com/compare/any/ibtg-vs-vnla

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.