VGUS vs VUSB: Differences, Returns & Fees

On Jun 30, 2026 VGUS's duration was 0.3 years and VUSB's 1.0; VGUS charges 0.07% to VUSB's 0.10%. Net assets on Sep 30, 2026: $1.2bn for Vanguard Ultra-Short Treasury ETF and $9.9bn for Vanguard Ultra-Short Bond ETF.

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Answers cite the figures on this page.

VGUS costs 0.03 points a year less; their one-year returns differ by 0.2 points; VUSB is 8.2 times larger.

VGUS vs VUSB: Differences, Returns & Fees
VGUSVUSB
Expense ratio0.07%0.10%
Net assets, as of Sep 30, 2026$1.2bn$9.9bn
Total return, 1 year+3.6%+3.4%
What it tracksBloomberg Short Treasury IndexNo index, actively managed
Holdings in common0%

Holdings in common uses holdings dated Jun 30, 2026.

+3.6%
VGUS total return, 1 year
+3.4%
VUSB total return, 1 year
0.07%
VGUS expense ratio
0.10%
VUSB expense ratio

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Client brief · page 1 of 2Report BR-02BB962572

VGUS and VUSB 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 VUSB follows No index, actively managed.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026).
  3. Number of holdings. VGUS holds 90 positions and VUSB holds 1344.

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.

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What they hold in common

By the books each fund has filed, VGUS and VUSB hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding VGUS VUSB
Only in VGUS
TREASURY BILL, due Jul 9, 2026 4.53%
TREASURY BILL, due Jul 2, 2026 3.76%
TREASURY BILL, due Aug 6, 2026 2.88%
TREASURY BILL, due Jul 16, 2026 2.47%
TREASURY BILL, due Jul 23, 2026 2.44%
TREASURY BILL, due Jul 30, 2026 2.42%
TREASURY BILL, due Jul 14, 2026 2.38%
TREASURY BILL, due Aug 27, 2026 2.29%
Only in VUSB
TREASURY BILL, due Jun 10, 2027 4.19%
US TREASURY N/B, due Jul 31, 2027 0.67%
PNC FINANCIAL, due Oct 26, 2029 0.58%
US TREASURY N/B, due Jun 30, 2028 0.52%
REGIONS BANKS, due Jul 27, 2029 0.51%
US BANCORP, due Jun 12, 2029 0.50%
CHARLES SCHWAB, due Jul 27, 2029 0.49%
TRUIST BANK, due Jul 24, 2028 0.44%

Check overlap with more funds →

On the same fields

VGUS
Vanguard Ultra-Short Treasury ETF
VUSB
Vanguard Ultra-Short Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +3.6% +3.4%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.3 pts vs AGG
Expense ratio 0.07% 0.10%
Holdings 90 1344
Net assets, as of Sep 30, 2026 $1.2bn $9.9bn

VGUS and VUSB 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 VUSB

VUSB is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.10% a year.

Questions people ask

Which returned more over the last year, VGUS or VUSB?
In the year to Oct 20, 2026, with distributions reinvested, VGUS returned +3.6% and VUSB +3.4%.
Which is cheaper, VGUS or VUSB?
VGUS is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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