Data as of Oct 28, 2026.

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VOX vs VUSB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOX returned −5.7% to VUSB's +3.5%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $6.0bn for Vanguard Communication Services ETF and $9.9bn for Vanguard Ultra-Short Bond ETF.

At a glance
−5.7%
VOX total return, 1 year
+3.5%
VUSB total return, 1 year
0.09%
VOX expense ratio
0.10%
VUSB expense ratio

Pair scorecard

VOX costs 0.01 points a year less; their one-year returns differ by 9.2 points; VUSB is 1.7 times larger.

VOX vs VUSB: Differences, Returns & Fees
MeasureVOXVUSB
Return
Total return, 1 year−5.7%+3.5%
Drawdown
Below its high10.8%, high on Jan 29, 2026
Benchmark
What it tracksMSCI US Investable Market Index (IMI)/Communication Services 25/50No index, actively managed
Cost and size
Expense ratio0.09%0.10%
Net assets, as of Sep 30, 2026$6.0bn$9.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight84%
Top ten holdings, share of the fund71.1%

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

Risk and return

Apr 16, 2021 to Oct 23, 2026 · 288 weekly returns
VOX VUSB
Return
Total return edge VOX +40.1% +20.0%
Annualized edge VOX +6.3% +3.3%
Price return edge VOX +32.5% −1.0%
Risk
Volatility edge VUSB 19.4% 0.8%
Max drawdown edge VUSB −46.3% −1.7%
Downside capture 99.4% −1.3%
Beta 0.98 0.10
Risk-adjusted
Sharpe edge VOX 0.23 −0.33
Sortino edge VOX 0.32 −0.45
Treynor 0.078 −0.027
Calmar edge VUSB 0.14 1.96
Against the benchmark
Alpha −1.9% a year +0.1% a year
Alpha t-stat −2.16 0.27
Information ratio −0.67 0.63
Tracking error 3.1% 5.1%

Each against its own benchmark: VOX against FCOM, Nov 1, 2013 to Oct 23, 2026; VUSB against AGG, Apr 16, 2021 to Oct 23, 2026.

Reading

VOX returned more: +40.1% to +20.0%. VUSB swung less: 0.8% to 19.4%. VUSB fell less at its worst: −1.7% to −46.3%.

Full scorecard

19 measures, with how each is measured
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Risk and return: VOX vs VUSB: Differences, Returns & Fees
MeasureVOXVUSBEdgeHow it is measured
Return
Total return+40.1%+20.0%VOXPrice change plus distributions, reinvested.
Annualized+6.3%+3.3%VOXTotal return as a yearly rate.
Price return+32.5%−1.0%VOXPrice change alone, distributions left out.
Risk
Volatility19.4%0.8%VUSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.7%0.6%VUSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−46.3%−1.7%VUSBDeepest fall from a high to the low after it.
Upside capture93.0%17.4%Share of its benchmark's rise caught in the weeks it rose.
Downside capture99.4%−1.3%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.980.10Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.970.45Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.23−0.33VOXReturn above Treasury bills per unit of volatility.
Sortino0.32−0.45VOXReturn above Treasury bills per unit of downside deviation.
Treynor0.078−0.027Return above Treasury bills per unit of beta.
Calmar0.141.96VUSBAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkFCOMAGGThe ETF each fund is measured against.
Alpha−1.9% a year+0.1% a yearVUSB not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−2.160.27Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−3.6% to −0.2%−0.4% to +0.6%VUSB includes zeroThe 95% range for the yearly alpha.
Information ratio−0.670.63Return against its benchmark per unit of tracking error.
Tracking error3.1%5.1%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 288 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VOX VUSB
MKTLIQ 0.29% 2.00%
Only in one fund ↓
Only in VOX
Meta Platforms Inc 25.31%
Alphabet Inc 13.97%
Alphabet Inc 7.70%
Walt Disney Co 4.26%
Verizon Communications Inc 4.04%
AT&T Inc 4.04%
Netflix Inc 3.77%
Space Exploration Technologies Corp 2.88%
Only in VUSB
United States Treasury Bill 2.39%
United States Treasury Bill 2.35%
Regions Bank/Birmingham AL 0.89%
PNC Financial Services Group Inc 0.53%
National Bank of Canada 0.53%
Citizens Bank NA/Providence RI 0.48%
US Bancorp 0.47%
Charles Schwab Corp 0.45%
Check overlap with more funds →

Side by side

VOX Vanguard Communication Services ETF VUSB Vanguard Ultra-Short Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks an index of Communication Services Actively managed
Total return, 1 year −5.7% +3.5%
Its benchmark over the same days −5.9% (FCOM) −1.4% (AGG)
Gap to its benchmark +0.2 pts vs FCOM +4.9 pts vs AGG
Expense ratio 0.09% 0.10%
Holdings 113 1344
Net assets, as of Sep 30, 2026 $6.0bn $9.9bn

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

Client brief · page 1 of 2 Report BR-9057E703EC

VOX and VUSB do different jobs. What does each one do in a portfolio?

  1. What each follows. VOX follows MSCI US Investable Market Index (IMI)/Communication Services 25/50 and VUSB follows No index, actively managed.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VOX returned −5.7% and VUSB +3.5% with distributions reinvested, a gap of 9.2 points.

Data as of Oct 28, 2026.

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About each fund
VOX

VOX tracks an index of Communication Services. Over the year to Oct 28, 2026 it returned −5.7% with distributions reinvested, against −5.9% for its benchmark, the MSCI US Investable Market Index (IMI)/Communication Services 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 113 positions, with the top ten at 71.1%. It sat 10.8% below its high of Jan 29, 2026 on Oct 28, 2026.

VUSB

VUSB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +3.5% with distributions reinvested, against −1.4% 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, VOX or VUSB?
In the year to Oct 28, 2026, with distributions reinvested, VOX returned −5.7% and VUSB +3.5%.
Which is cheaper, VOX or VUSB?
VOX is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VOX against VUSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/vox-vs-vusb

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