U.S. markets open in 7 hours 5 minutes
  • S&P Futures

    4,130.75
    +3.00 (+0.07%)
     
  • Dow Futures

    33,715.00
    +6.00 (+0.02%)
     
  • Nasdaq Futures

    13,754.50
    +4.25 (+0.03%)
     
  • Russell 2000 Futures

    2,240.20
    +11.90 (+0.53%)
     
  • Crude Oil

    61.89
    +0.46 (+0.75%)
     
  • Gold

    1,786.40
    +4.40 (+0.25%)
     
  • Silver

    26.18
    0.00 (0.00%)
     
  • EUR/USD

    1.2029
    +0.0012 (+0.10%)
     
  • 10-Yr Bond

    1.5540
    0.0000 (0.00%)
     
  • Vix

    18.71
    +1.21 (+6.91%)
     
  • GBP/USD

    1.3859
    +0.0016 (+0.12%)
     
  • USD/JPY

    107.9160
    -0.0440 (-0.04%)
     
  • BTC-USD

    48,935.41
    -5,292.30 (-9.76%)
     
  • CMC Crypto 200

    1,106.25
    -136.81 (-11.01%)
     
  • FTSE 100

    6,938.24
    +42.95 (+0.62%)
     
  • Nikkei 225

    29,020.63
    -167.54 (-0.57%)
     

Vanguard Rolls Out 'Ultra Short' Bond ETF

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Heather Bell
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Today Vanguard expanded its bond market coverage by launching a fixed income ETF focused on securities with two years or less to maturity.

The Vanguard Ultra-Short Bond ETF (VUSB) joins a fairly crowded field of nearly 30 ETFs with the “ultra-short” designation and where its largest competitor is the actively managed $17 billion JPMorgan Ultra-Short Income ETF (JPST).

However, VUSB charges just 0.10% in expense ratio versus the 0.18% charged by JPST. The Vanguard fund lists on Cboe Global Markets.

It is Vanguard’s first actively managed fixed income ETF. According to the prospectus, VUSB “seeks to provide current income while maintaining limited price volatility.” It does this by investing in investment-grade debt that it has determined to be of “medium” or “high” quality.

By contrast, the $32 billion Vanguard Short-Term Bond ETF (BSV) is an index-based ETF that targets issues with one to five years of remaining maturity.

VUSB brings Vanguard’s total number of ETFs offered to 82. The firm currently has $1.6 trillion in assets under management in its ETFs alone.

Contact Heather Bell at hbell@etf.com

 

Recommended Stories


Permalink | © Copyright 2021 ETF.com. All rights reserved