A
vs
B
Share
Compare their flowsAsk IQ about these two funds

VGUS vs VNLA: Differences, Returns & Fees

VGUS's duration was 0.3 years on Jun 30, 2026 and VNLA's 0.8 on Jul 31, 2026; VGUS charges 0.07% to VNLA's 0.23%. Net assets: $1.2bn on Sep 30, 2026 for Vanguard Ultra-Short Treasury ETF, and $3.3bn on Jul 31, 2026 for Janus Henderson Short Duration Income ETF.

Ask IQ about this page

Ask IQ about VGUS and VNLA

Answers cite the figures on this page.

VGUS costs 0.16 points a year less; both returned +3.6% over a year.

VGUS vs VNLA: Differences, Returns & Fees
VGUSVNLA
Expense ratio0.07%0.23%
Net assets, VGUS as of Sep 30, 2026 and VNLA as of Jul 31, 2026$1.2bn$3.3bn
Total return, 1 year+3.6%+3.6%
What it tracksBloomberg Short Treasury IndexNo index, actively managed
Holdings in commonreport dates differ

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

+3.6%
VGUS total return, 1 year
+3.6%
VNLA total return, 1 year
0.07%
VGUS expense ratio
0.23%
VNLA expense ratio

Get the week's ETF fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-D3B425E160

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

  1. What each follows. VGUS follows Bloomberg Short Treasury Index and VNLA follows No index, actively managed.
  2. Number of holdings. VGUS holds 90 positions and VNLA holds 336.
  3. Cost. VGUS charges 0.07% of assets a year and VNLA 0.23%, a gap of 0.16 points.

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.

On the same fields

VGUS
Vanguard Ultra-Short Treasury ETF
VNLA
Janus Henderson Short Duration Income ETF
Where it sits Bond ETF Bond ETF
Issuer Vanguard 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 90 336
Net assets, VGUS as of Sep 30, 2026 and VNLA as of Jul 31, 2026 $1.2bn $3.3bn

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

About VGUS

VGUS 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, VGUS or VNLA?
In the year to Oct 20, 2026, with distributions reinvested, VGUS returned +3.6% and VNLA +3.6%.
Which is cheaper, VGUS or VNLA?
VGUS 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 VGUSFLTR vs VGUSBSCQ vs VGUSIBDR vs VGUSBILZ vs VNLARAVI vs VNLAVNLA vs YEARGSST vs VNLA
VGUS on its own →VNLA on its own →Hold both: look the portfolio through →Rankings →VGUS dividend history →VGUS holdings →VNLA dividend history →VNLA holdings →Standards and sources →
Where these figures came from
VGUS filings on SEC EDGAR ↗VGUS prospectus with the expense ratio (SEC) ↗Vanguard page for VGUS ↗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.

Cite this pageCitation, APA and Markdown

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

Open data

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