Data as of Oct 28, 2026.

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VUSB vs XLV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VUSB returned +3.5% to XLV's +25.6%; 0% of their weight is in the same names.

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Net assets: $9.9bn on Sep 30, 2026 for Vanguard Ultra-Short Bond ETF, and $47.0bn on Oct 27, 2026 for State Street Health Care Select Sector SPDR ETF.

At a glance
+3.5%
VUSB total return, 1 year
+25.6%
XLV total return, 1 year
0.10%
VUSB expense ratio
0.08%
XLV expense ratio

Pair scorecard

XLV costs 0.02 points a year less; their one-year returns differ by 22.1 points; XLV is 4.4 times larger.

VUSB vs XLV: Differences, Returns & Fees
MeasureVUSBXLV
Return
Total return, 1 year+3.5%+25.6%
Benchmark
What it tracksNo index, actively managedHealth Care Select Sector Index
Cost and size
Expense ratio0.10%0.08%
Net assets, as of Sep 30, 2026$9.9bn$43.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight100%
Top ten holdings, share of the fund60.6%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Apr 16, 2021 to Oct 23, 2026 · 288 weekly returns
VUSB XLV
Return
Total return edge XLV +20.0% +61.2%
Annualized edge XLV +3.3% +9.0%
Price return edge XLV −1.0% +47.6%
Risk
Volatility edge VUSB 0.8% 15.1%
Max drawdown edge VUSB −1.7% −16.1%
Risk-adjusted
Sharpe edge XLV −0.33 0.41
Sortino edge XLV −0.45 0.60
Calmar edge VUSB 1.96 0.56
Reading

XLV returned more: +61.2% to +20.0%. VUSB swung less: 0.8% to 15.1%. VUSB fell less at its worst: −1.7% to −16.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VUSB vs XLV: Differences, Returns & Fees
MeasureVUSBXLVEdgeHow it is measured
Return
Total return+20.0%+61.2%XLVPrice change plus distributions, reinvested.
Annualized+3.3%+9.0%XLVTotal return as a yearly rate.
Price return−1.0%+47.6%XLVPrice change alone, distributions left out.
Risk
Volatility0.8%15.1%VUSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation0.6%10.3%VUSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−1.7%−16.1%VUSBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.330.41XLVReturn above Treasury bills per unit of volatility.
Sortino−0.450.60XLVReturn above Treasury bills per unit of downside deviation.
Calmar1.960.56VUSBAnnualized return divided by the max drawdown.

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, VUSB and XLV hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VUSB XLV
Only in one fund ↓
Only in VUSB
United States Treasury Bill 2.39%
United States Treasury Bill 2.35%
MKTLIQ 2.00%
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%
Only in XLV
ELI LILLY + CO 15.77%
JOHNSON + JOHNSON 9.96%
ABBVIE INC 7.78%
UNITEDHEALTH GROUP INC 5.66%
MERCK + CO. INC. 5.38%
THERMO FISHER SCIENTIFIC INC 3.94%
AMGEN INC 3.72%
GILEAD SCIENCES INC 3.03%
Check overlap with more funds →

Side by side

VUSB Vanguard Ultra-Short Bond ETF XLV State Street Health Care Select Sector SPDR ETF
Where it sits Bond ETF Stock ETF
What it is Actively managed Tracks an index of Health care
Total return, 1 year +3.5% +25.6%
Its benchmark over the same days −1.4% (AGG) not measured
Gap to its benchmark +4.9 pts vs AGG not measured
Expense ratio 0.10% 0.08%
Holdings 1344 62
Net assets, VUSB as of Sep 30, 2026 and XLV as of Oct 27, 2026 $9.9bn $47.0bn

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

Client brief · page 1 of 2 Report BR-01FCA8F982

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

  1. What each follows. VUSB follows No index, actively managed and XLV follows Health Care Select Sector Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VUSB returned +3.5% and XLV +25.6% with distributions reinvested, a gap of 22.1 points.

Data as of Oct 28, 2026.

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About each fund
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.

XLV

XLV tracks an index of Health care. Over the year to Oct 28, 2026 it returned +25.6% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 62 positions, with the top ten at 60.6%.

Questions people ask

Which returned more over the last year, VUSB or XLV?
In the year to Oct 28, 2026, with distributions reinvested, VUSB returned +3.5% and XLV +25.6%.
Which is cheaper, VUSB or XLV?
XLV is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VUSB against XLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/vusb-vs-xlv

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