Data as of Oct 28, 2026.

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UBND vs VPLS: Differences, Returns & Fees

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On Jun 30, 2026 UBND's duration was 5.6 years and VPLS's 5.4; VPLS charges 0.20% to UBND's 0.40%.

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Net assets: $1.9bn on Jun 30, 2026 for VictoryShares Core Plus Bond ETF, and $2.0bn on Sep 30, 2026 for Vanguard Core-Plus Bond ETF.

At a glance
−1.0%
UBND total return, 1 year
−1.0%
VPLS total return, 1 year
0.40%
UBND expense ratio
0.20%
VPLS expense ratio

Pair scorecard

VPLS costs 0.20 points a year less; both returned −1.0% over a year.

UBND vs VPLS: Differences, Returns & Fees
MeasureUBNDVPLS
Return
Total return, 1 year−1.0%−1.0%
Benchmark
What it tracksNo index, actively managedNo index, actively managed
Cost and size
Expense ratio0.40%0.20%
Net assets, UBND as of Jun 30, 2026 and VPLS as of Sep 30, 2026$1.9bn$2.0bn
Holdings
Holdings in common3%

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

Risk and return

Dec 15, 2023 to Oct 23, 2026 · 149 weekly returns
UBND VPLS
Return
Total return edge VPLS (slight) +10.1% +10.7%
Annualized edge VPLS (slight) +3.4% +3.6%
Price return edge VPLS −3.9% −2.6%
Risk
Volatility edge Tie 4.7% 4.7%
Max drawdown edge VPLS (slight) −4.5% −4.1%
Risk-adjusted
Sharpe edge VPLS −0.20 −0.16
Sortino edge VPLS −0.27 −0.21
Calmar edge VPLS 0.76 0.88
Reading

VPLS returned slightly more: +10.7% to +10.1%. UBND and VPLS swung about the same: 4.7% and 4.7%. VPLS fell slightly less at its worst: −4.1% to −4.5%.

Full scorecard

9 measures, with how each is measured
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Risk and return: UBND vs VPLS: Differences, Returns & Fees
MeasureUBNDVPLSEdgeHow it is measured
Return
Total return+10.1%+10.7%VPLS (slight)Price change plus distributions, reinvested.
Annualized+3.4%+3.6%VPLS (slight)Total return as a yearly rate.
Price return−3.9%−2.6%VPLSPrice change alone, distributions left out.
Risk
Volatility4.7%4.7%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation3.5%3.5%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−4.5%−4.1%VPLS (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.20−0.16VPLSReturn above Treasury bills per unit of volatility.
Sortino−0.27−0.21VPLSReturn above Treasury bills per unit of downside deviation.
Calmar0.760.88VPLSAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 149 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

3%

By the books each fund has filed, UBND and VPLS hold 3% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first UBND VPLS
U S TREASURY BOND, due Aug 15, 2041 0.37% 0.14%
U S TREASURY BOND, due Nov 15, 2053 0.15% 0.11%
GOVERNMENT NATIONAL MORTGAGE CORPORATION, due Jun 20, 2050 0.67% 0.11%
U S TREASURY BOND, due Feb 15, 2055 0.15% 0.10%
U S TREASURY BOND, due Aug 15, 2053 0.26% 0.10%
U S TREASURY BOND, due Nov 15, 2045 0.84% 0.10%
TRUIST BANK AUTO CREDIT LINKED NOTES SERIES 2026 1, due Jun 26, 2034 0.09% 0.09%
U S TREASURY BOND, due Aug 15, 2051 0.12% 0.09%
U S TREASURY BOND, due Aug 15, 2054 0.23% 0.08%
U S TREASURY BOND, due Feb 15, 2041 0.52% 0.07%
MANHATTAN WEST 2026 2MW MORTGAGE TRUST, due Jun 10, 2048 0.06% 0.07%
JPMORGAN CHASE CO, due Feb 5, 2037 0.05% 0.15%
Only in one fund ↓
Only in UBND
U S TREASURY BONDS, due Nov 15, 2039 2.23%
U S TREASURY BOND, due May 15, 2037 1.85%
U S TREASURY NOTE, due May 15, 2033 1.43%
U S TREASURY NOTE, due Feb 15, 2036 1.19%
U S TREASURY BONDS, due Feb 15, 2036 1.07%
U S TREASURY NOTE, due May 15, 2035 1.01%
U S TREASURY NOTE, due Aug 15, 2035 0.90%
FEDERAL NATIONAL MORTGAGE ASSOCIATION, due Nov 1, 2055 0.89%
Only in VPLS
FNCL 5 7/26, due Jul 13, 2026 2.42%
PMTLT 2026-INV1 A36, due Jan 25, 2057 1.10%
FNR 2026-22 DF, due Apr 25, 2056 0.96%
FNCL 5.5 7/26, due Jul 13, 2026 0.91%
FNR 2026-33 FA, due Jul 25, 2055 0.68%
NVIDIA CORP, due Jun 15, 2028 0.66%
OBX 2026-INV2 AF, due Apr 25, 2056 0.64%
KFW, due Jul 22, 2031 0.59%
Check overlap with more funds →

Side by side

UBND VictoryShares Core Plus Bond ETF VPLS Vanguard Core-Plus Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year −1.0% −1.0%
Its benchmark over the same days not measured −1.2% (IUSB)
Gap to its benchmark not measured +0.2 pts vs IUSB
Expense ratio 0.40% 0.20%
Holdings 1529 2955
Net assets, UBND as of Jun 30, 2026 and VPLS as of Sep 30, 2026 $1.9bn $2.0bn

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

Client brief · page 1 of 2 Report BR-97001B23D1

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

  1. Holdings in common. 3% of the weight is in the same securities (holdings dated Jun 30, 2026).
  2. Cost. UBND charges 0.40% of assets a year and VPLS 0.20%, a gap of 0.20 points.
  3. What each follows (similar). Both follow No index, actively managed.

Data as of Oct 28, 2026.

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About each fund
UBND

UBND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested. The prospectus expense ratio is 0.40% a year.

VPLS

VPLS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Bond Index. The prospectus expense ratio is 0.20% a year.

Questions people ask

Which returned more over the last year, UBND or VPLS?
In the year to Oct 28, 2026, with distributions reinvested, UBND returned −1.0% and VPLS −1.0%.
Which is cheaper, UBND or VPLS?
VPLS is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, UBND against VPLS, data as of Oct 28, 2026. https://etfiq.com/compare/any/ubnd-vs-vpls

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