SPBO vs VCEB: Differences, Returns & Fees

SPBO's duration was 6.9 years on Jun 30, 2026 and VCEB's 6.3 on May 31, 2026; SPBO charges 0.03% to VCEB's 0.12%. Net assets: $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF, and $1.2bn on Sep 30, 2026 for Vanguard ESG U.S. Corporate Bond ETF.

SPBO costs 0.09 points a year less; their one-year returns differ by 0.5 points; SPBO is 1.8 times larger.

SPBOVCEB
Expense ratio0.03%0.12%
Net assets, as of Sep 30, 2026$2.2bn$1.2bn
Total return, 1 year−1.8%−2.3%
What it tracksBloomberg U.S. Corporate Bond Index ?Bloomberg MSCI US Corporate SRI Select Index
Holdings in common35%
Below its high4.0%, high on Feb 26, 20264.2%, high on Feb 26, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

−1.8%
SPBO total return, 1 year
−2.3%
VCEB total return, 1 year
0.03%
SPBO expense ratio
0.12%
VCEB expense ratio

What they hold in common

By the books each fund has filed, SPBO and VCEB hold 35% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

half

35% in common

Positions both hold, largest shared weight first
Holding SPBO VCEB
T-Mobile USA Inc, due Apr 15, 2030 0.13% 0.15%
Amazon.com Inc, due Mar 13, 2036 0.12% 0.16%
Bank of America Corp, due Dec 20, 2028 0.16% 0.11%
JPMorgan Chase & Co, due Jul 23, 2036 0.15% 0.10%
Bank of America Corp, due Jan 23, 2035 0.10% 0.12%
Oracle Corp, due Nov 9, 2052 0.11% 0.10%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.09% 0.10%
Goldman Sachs Group Inc/The, due Feb 24, 2033 0.09% 0.10%
Meta Platforms Inc, due Nov 15, 2045 0.09% 0.15%
Morgan Stanley, due Apr 17, 2036 0.09% 0.09%
Amgen Inc, due Mar 2, 2033 0.10% 0.09%
Citigroup Inc, due Jul 24, 2028 0.09% 0.09%
Only in SPBO
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20%
BAT Capital Corp, due Aug 2, 2043 0.18%
CVS Health Corp, due Jun 1, 2044 0.16%
Walmart Inc, due Apr 28, 2030 0.14%
Amgen Inc, due Feb 1, 2039 0.14%
Sabine Pass Liquefaction LLC, due Sep 15, 2037 0.11%
Northrop Grumman Corp, due Jun 1, 2034 0.11%
ONEOK Inc, due Sep 1, 2053 0.10%
Only in VCEB
US TREASURY N/B, due May 31, 2028 0.41%
AMAZON.COM INC, due Dec 5, 2034 0.15%
MORGAN STANLEY, due Oct 18, 2030 0.15%
CITIGROUP INC, due Feb 13, 2030 0.14%
GOLDMAN SACHS GP, due Feb 15, 2033 0.12%
GOLDMAN SACHS GP, due Oct 23, 2035 0.12%
WELLS FARGO CO, due Dec 3, 2035 0.11%
BANK OF AMER CRP, due Jul 22, 2033 0.11%

Check overlap with more funds →

On the same fields

SPBO
State Street SPDR Portfolio Corporate Bond ETF
VCEB
Vanguard ESG U.S. Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year −1.8% −2.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −19.0 pts −19.6 pts
Expense ratio 0.03% 0.12%
Holdings 4403 2734
Net assets, SPBO as of Oct 8, 2026 and VCEB as of Sep 30, 2026 $2.1bn $1.2bn

SPBO and VCEB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

SPBO in plain words

SPBO tracks an index. The prospectus expense ratio is 0.03% a year. It sat 4.0% below its high of Feb 26, 2026 on Oct 9, 2026.

Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Corporate Bond Index ?.

VCEB in plain words

VCEB tracks an index. Over the year to Oct 9, 2026 it returned −2.3% with distributions reinvested. The prospectus expense ratio is 0.12% a year. It sat 4.2% below its high of Feb 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, SPBO or VCEB?
In the year to Oct 9, 2026, with distributions reinvested, SPBO returned −1.8% and VCEB −2.3%.
Which is cheaper, SPBO or VCEB?
SPBO is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, SPBO against VCEB, data as of Oct 9, 2026. https://etfiq.com/compare/any/spbo-vs-vceb

Open data

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