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Vanguard U.S. Aggregate Bond Index ETF (VBU.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 26, 2026

Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) seeks to track the performance of the Bloomberg U.S. Aggregate Float Adjusted Bond Index (CAD Hedged) by investing primarily in investment-grade U.S. fixed income securities while hedging U.S. dollar exposure to the Canadian dollar using derivatives. It employs a passively managed, index-sampling strategy to gain exposure to the U.S. bond market.

Vanguard U.S. Aggregate Bond Index ETF (VBU.NEO) belongs to the Total Bond Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with VBU.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VBU.NEO

VBU.NEO charges 0.22% annually. There are 3 ETFs in the Total Bond Market category with lower expense ratios, going as low as 0.09%.

SymbolNameExpense RatioAUMInception
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF0.09%7.36BNov 2011VBU.NEO vs VAB.TO
HBB.TO
Global X Canadian Select Universe Bond Index Corpo...0.09%3.75BMay 2014VBU.NEO vs HBB.TO
XAGH.TO
iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)0.18%—Aug 2021VBU.NEO vs XAGH.TO
CDLB.TO
CI DoubleLine Total Return Bond US$ Fund ETF C$ He...0.85%1.23MMay 2020VBU.NEO vs CDLB.TO

Lowest Volatility Alternatives to VBU.NEO

VBU.NEO has 4.73% 1-year volatility. There are 3 ETFs in the Total Bond Market category with lower 1-year volatility, going as low as 3.89%.

SymbolNameVolatility 1YAUMInception
CDLB.TO
CI DoubleLine Total Return Bond US$ Fund ETF C$ He...3.89%1.23MMay 2020VBU.NEO vs CDLB.TO
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF4.41%7.36BNov 2011VBU.NEO vs VAB.TO
HBB.TO
Global X Canadian Select Universe Bond Index Corpo...4.48%3.75BMay 2014VBU.NEO vs HBB.TO
XAGH.TO
iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)5.01%—Aug 2021VBU.NEO vs XAGH.TO

Other ETFs from Vanguard

The 10 most viewed Vanguard ETFs shown here include VFV.TO, VDY.TO, VEQT.TO and span 7 categories. AUM among these funds goes as high as $33B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VFV.TO
Vanguard S&P 500 Index ETFS&P 500
75
11.63%
32.85BNov 2012VBU.NEO vs VFV.TO
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...Dividend
98
24.72%
7.99BNov 2012VBU.NEO vs VDY.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
86
13.14%
14.70BJan 2019VBU.NEO vs VEQT.TO
VGRO.TO
Vanguard Growth ETF PortfolioDiversified Portfolio
85
10.90%
10.14BJan 2018VBU.NEO vs VGRO.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
86
10.78%
15.96BAug 2013VBU.NEO vs VCN.TO
VBAL.TO
Vanguard Balanced ETF PortfolioDiversified Portfolio
75
8.54%
5.44BJan 2018VBU.NEO vs VBAL.TO
VIU.TO
Vanguard FTSE Developed All Cap ex North America I...International Equity
76
19.33%
10.65BDec 2015VBU.NEO vs VIU.TO
VCE.TO
Vanguard FTSE Canada Index ETFCanada Equities
84
11.17%
3.48BNov 2011VBU.NEO vs VCE.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...Foreign Large Cap Equities, Dividend
79
13.31%
1.90BAug 2018VBU.NEO vs VIDY.TO
VXC.TO
Vanguard FTSE Global All Cap ex Canada Index ETFGlobal Equities
80
14.04%
3.45BJun 2014VBU.NEO vs VXC.TO

Often Compared With VBU.NEO

Investors most often compare VBU.NEO with VBG.NEO, PLDI.TO, BND. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
VBG.NEO
Vanguard Global ex-U.S. Aggregate Bond Index ETF (...Global Bonds
8
0.49%
—Jun 2014VBU.NEO vs VBG.NEO
PLDI.TO
PIMCO Low Duration Monthly Income Fund (Canada)
38
0.99%
1.38B—VBU.NEO vs PLDI.TO
BND
Vanguard Total Bond Market ETFTotal Bond Market
36
1.01%
394.40BApr 2007VBU.NEO vs BND
ZUAG.TO
BMO US Aggregate Bond Index ETFGlobal Bonds
11
4.75%
—Jan 2023VBU.NEO vs ZUAG.TO
VOO
Vanguard S&P 500 ETFS&P 500
63
8.09%
1.70TSep 2010VBU.NEO vs VOO
XCB.TO
iShares Core Canadian Corporate Bond Index ETFCorporate Bonds
37
1.90%
3.36BNov 2006VBU.NEO vs XCB.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
46
15.11%
5.60BMay 2011VBU.NEO vs XQQ.TO
GSG
iShares S&P GSCI Commodity-Indexed TrustCommodities
43
25.24%
938.89MJul 2006VBU.NEO vs GSG
QQQM
Invesco NASDAQ 100 ETFNasdaq-100
64
16.89%
101.29BOct 2020VBU.NEO vs QQQM
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETFNasdaq-100, Leveraged Equities
51
28.55%
500.98MJun 2008VBU.NEO vs QQU.TO
ZSP.TO
BMO S&P 500 Index ETFS&P 500
75
11.61%
24.23BNov 2012VBU.NEO vs ZSP.TO
TQQQ
ProShares UltraPro QQQLeveraged Equities
55
42.40%
39.74BFeb 2010VBU.NEO vs TQQQ
ZMMK.TO
BMO Money Market Fund ETF SeriesMoney Market
99
1.11%
5.68BNov 2021VBU.NEO vs ZMMK.TO
IDX
VanEck Vectors Indonesia Index ETFAsia Pacific Equities
3
-36.83%
31.00MJan 2009VBU.NEO vs IDX
BOND
PIMCO Active Bond ETFIntermediate Core-Plus Bond
47
1.40%
8.04BMar 2012VBU.NEO vs BOND
EIDO
iShares MSCI Indonesia ETFAsia Pacific Equities
2
-35.00%
380.39MMay 2010VBU.NEO vs EIDO
EWC
iShares MSCI Canada ETFCanada Equities
73
7.35%
5.97BMar 1996VBU.NEO vs EWC
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
85
13.00%
19.56BAug 2019VBU.NEO vs XEQT.TO
FLIN
Franklin FTSE India ETFAsia Pacific Equities
5
-7.84%
2.55BFeb 2018VBU.NEO vs FLIN
NUKZ
Range Nuclear Renaissance ETFEnergy Equities
28
7.84%
832.38MJan 2024VBU.NEO vs NUKZ

Compare VBU.NEO with Any Fund or Stock

Compare VBU.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair VBU.NEO with funds that move differently

Vanguard U.S. Aggregate Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VBU.NEO.

Explore VBU.NEO Diversifiers