Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF

About

Vanguard Total Bond Market ETF (US9219378356) is a US-listed bond ETF tracking the Spliced Bloomberg USAgg Flt AdjIx. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 500 positions across 11 regions with 157.4B in assets, with heavy concentration — 50% in United States, 48% in government bonds.

ISIN
Fund Size $157.4B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Apr 2007
Base Currency USD
Index Spliced Bloomberg USAgg Flt AdjIx
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

6.4
This fund holds 500 individual investments, offering moderate diversification compared to other ETFs.
#1
1.41%
#2
1.10%
#3
1.06%
#4
1.03%
#5
0.93%
#6
0.88%
#7
0.87%
#8
0.84%
#9
0.82%
#10
0.82%

Sectors

1.5
This fund is concentrated in just a few of its 4 sectors, reducing diversification.

Regions

5.0
This fund is concentrated in just 12 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
21.7%
Volatility
-5.6%
Max Drawdown
0.15
Sharpe Ratio
0.22
Sortino Ratio
0.59
Calmar Ratio
0.23
Beta
-7.45%
Alpha (Jensen's)
0.229
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Similar ETFs

Other funds tracking US Bond indices.
Vanguard Total International Bond ETF
US92203J4076·Expense Ratio 0.07%
7.4
Vanguard Intermediate-Term Corporate Bond ETF
US92206C8709·Expense Ratio 0.03%
7.5
Vanguard Short-Term Bond ETF
US9219378273·Expense Ratio 0.03%
7.4
Vanguard Tax-Exempt Bond ETF
US9229077469·Expense Ratio 0.03%
Vanguard Short-Term Corporate Bond ETF
US92206C4096·Expense Ratio 0.03%
7.6
Vanguard Intermediate-Term Treasury ETF
US92206C7065·Expense Ratio 0.03%
6.9
Feedback
ETFs
Basket
Compare