Which returned more over the last year, USTB or VCSH?

In the year to Oct 28, 2026, with distributions reinvested, USTB returned +2.7% and VCSH +1.3%.

Which is cheaper, USTB or VCSH?

VCSH is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

USTB vs VCSH: Differences, Returns & Fees

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USTB's duration was 1.9 years on Jun 30, 2026 and VCSH's 2.7 on May 31, 2026; VCSH charges 0.03% to USTB's 0.34%.

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Net assets: $2.2bn on Jun 30, 2026 for VictoryShares Short-Term Bond ETF, and $43.9bn on Sep 30, 2026 for Vanguard Short-Term Corporate Bond ETF.

USTB on its own →VCSH on its own →

At a glance

+2.7%

USTB total return, 1 year

+1.3%

VCSH total return, 1 year

0.34%

USTB expense ratio

0.03%

VCSH expense ratio

Pair scorecard

VCSH costs 0.31 points a year less; their one-year returns differ by 1.4 points.

USTB vs VCSH: Differences, Returns & Fees
Measure	USTB	VCSH
Return
Measure	USTB	VCSH
Total return, 1 year	+2.7%	+1.3%
Benchmark
Measure	USTB	VCSH
What it tracks	No index, actively managed	Bloomberg U.S. 1-5 Year Corporate Bond Index
Cost and size
Measure	USTB	VCSH
Expense ratio	0.34%	0.03%
Net assets, USTB as of Jun 30, 2026 and VCSH as of Sep 30, 2026	$2.2bn	$43.9bn
Holdings
Measure	USTB	VCSH
Holdings in common	5%

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

Risk and return

Nov 3, 2017 to Oct 23, 2026 · 468 weekly returns

USTB VCSH

Return

Total return edge USTB +34.8% +27.3%

Annualized edge USTB +3.4% +2.7%

Price return edge USTB −0.3% −2.7%

Risk

Volatility edge USTB 2.2% 4.6%

Max drawdown edge USTB −5.2% −11.3%

Risk-adjusted

Sharpe edge USTB 0.29 0.02

Sortino edge USTB 0.37 0.02

Calmar edge USTB 0.65 0.24

Reading

USTB returned more: +34.8% to +27.3%. USTB swung less: 2.2% to 4.6%. USTB fell less at its worst: −5.2% to −11.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: USTB vs VCSH: Differences, Returns & Fees
Measure	USTB	VCSH	Edge	How it is measured
Return
Total return	+34.8%	+27.3%	USTB	Price change plus distributions, reinvested.
Annualized	+3.4%	+2.7%	USTB	Total return as a yearly rate.
Price return	−0.3%	−2.7%	USTB	Price change alone, distributions left out.
Risk
Volatility	2.2%	4.6%	USTB	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	1.7%	3.3%	USTB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−5.2%	−11.3%	USTB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.29	0.02	USTB	Return above Treasury bills per unit of volatility.
Sortino	0.37	0.02	USTB	Return above Treasury bills per unit of downside deviation.
Calmar	0.65	0.24	USTB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 468 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, USTB and VCSH hold 5% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first USTB VCSH

JPMORGAN CHASE CO, due Jan 22, 2032 0.22% 0.12%

ORACLE CORP, due Sep 26, 2030 0.17% 0.12%

SALESFORCE INC, due Mar 15, 2028 0.22% 0.10%

GLOBAL PAYMENTS INC, due Nov 15, 2028 0.13% 0.09%

META PLATFORMS INC, due May 15, 2031 0.18% 0.09%

T MOBILE USA INC, due Apr 15, 2031 0.25% 0.08%

US BANCORP, due Jun 12, 2029 0.07% 0.10%

CANADIAN IMPERIAL BANK OF COMMERCE, due Mar 30, 2029 0.07% 0.09%

MORGAN STANLEY BANK NA, due Jul 14, 2028 0.07% 0.08%

HSBC HOLDINGS PLC, due Mar 3, 2029 0.14% 0.07%

AERCAP IRELAND CAPITAL DAC, due Jul 21, 2027 0.13% 0.07%

DELL INTERNATIONAL LLC EMC CORP, due Apr 1, 2028 0.07% 0.07%

Only in one fund ↓

Only in USTB

U S TREASURY NOTE, due Nov 15, 2027 1.75%

U S TREASURY NOTE, due Aug 31, 2030 1.57%

U S TREASURY NOTE, due Dec 31, 2028 1.38%

U S TREASURY NOTE, due Jan 31, 2031 1.25%

U S TREASURY NOTE, due Aug 15, 2029 1.00%

ANTERO RESOURCES CORP 0.98%

U S TREASURY NOTE, due Aug 31, 2027 0.75%

U S TREASURY NOTE, due Dec 15, 2026 0.68%

Only in VCSH

US TREASURY N/B, due May 31, 2028 0.83%

BANK OF AMER CRP, due Dec 20, 2028 0.23%

ABBVIE INC, due Nov 21, 2029 0.21%

CVS HEALTH CORP, due Mar 25, 2028 0.20%

T-MOBILE USA INC, due Apr 15, 2030 0.19%

BOEING CO, due May 1, 2030 0.19%

WELLS FARGO CO, due Jul 25, 2029 0.18%

JPMORGAN CHASE, due Apr 23, 2032 0.18%

Check overlap with more funds →

Side by side

USTB VictoryShares Short-Term Bond ETF VCSH Vanguard Short-Term Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer VictoryShares Vanguard

What it is Actively managed Tracks an index of Short-Term Corporate Bond

Total return, 1 year +2.7% +1.3%

Its benchmark over the same days not measured +1.3% (SCHJ)

Gap to its benchmark not measured 0.0 pts vs SCHJ

Expense ratio 0.34% 0.03%

Holdings 1034 3064

Net assets, USTB as of Jun 30, 2026 and VCSH as of Sep 30, 2026 $2.2bn $43.9bn

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

Client brief · page 1 of 2 Report BR-E6A187BA19

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

What each follows. USTB follows No index, actively managed and VCSH follows Bloomberg U.S. 1-5 Year Corporate Bond Index.
Holdings in common. 5% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
Cost. USTB charges 0.34% of assets a year and VCSH 0.03%, a gap of 0.31 points.

Data as of Oct 28, 2026.

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About each fund

USTB

USTB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested. The prospectus expense ratio is 0.34% a year.

VCSH

VCSH tracks an index of Short-Term Corporate Bond. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against +1.3% for its benchmark, the Bloomberg U.S. 1-5 Year Corporate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USTB or VCSH?: In the year to Oct 28, 2026, with distributions reinvested, USTB returned +2.7% and VCSH +1.3%.
Which is cheaper, USTB or VCSH?: VCSH is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BSV vs USTB IBDU vs USTB BSCS vs USTB IBDV vs USTB SLQD vs VCSH JSCP vs VCSH IBDW vs VCSH BSCU vs VCSH

Where to next

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

Sources and dates

USTB filings on SEC EDGAR ↗

USTB prospectus with the expense ratio (SEC) ↗

VCSH filings on SEC EDGAR ↗

VCSH prospectus with the expense ratio (SEC) ↗

Vanguard page for VCSH ↗

Links are sources, not endorsements. 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, USTB against VCSH, data as of Oct 28, 2026. https://etfiq.com/compare/any/ustb-vs-vcsh

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