VUSB vs. VTV

Last updated Jun 4, 2026

VUSB (Vanguard Ultra-Short Bond ETF) and VTV (Vanguard Value ETF) are both exchange-traded funds - VUSB is a Ultrashort Bond fund actively managed by Vanguard, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. VUSB is actively managed, while VTV is passively managed. Over the past 5 years, VUSB returned 3.43%/yr vs 11.24%/yr for VTV. At a 0.12 correlation, their price movements are largely independent. VUSB charges 0.10%/yr vs 0.04%/yr for VTV.

Performance

VUSB vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Ultra-Short Bond ETF (VUSB) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSB achieves a 1.39% return, which is significantly lower than VTV's 12.30% return.

VUSB

• 1D: -0.02%
• 1M: 0.40%
• YTD: 1.39%
• 6M: 1.76%
• 1Y: 4.59%
• 3Y*: 5.34%
• 5Y*: 3.43%
• 10Y*: —

VTV

• 1D: 0.01%
• 1M: 4.23%
• YTD: 12.30%
• 6M: 13.12%
• 1Y: 26.25%
• 3Y*: 18.28%
• 5Y*: 11.24%
• 10Y*: 12.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VUSB vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VUSB Vanguard Ultra-Short Bond ETF	1.39%	5.20%	5.68%	5.52%	-0.36%	0.00%
VTV Vanguard Value ETF	12.30%	15.27%	15.95%	9.32%	-2.09%	12.54%

Correlation

The correlation between VUSB and VTV is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Apr 8, 2021	0.12

VUSB vs. VTV - Sectors Allocation Comparison

Sectors	VUSB	VTV
Technology	0.2%	13.4%
Basic Materials	-	3.1%
Communication Services	-	3.3%
Consumer Cyclical	-	4.0%
Consumer Defensive	-	9.4%
Energy	-	8.1%
Financial Services	-	22.3%
Healthcare	-	14.5%
Industrials	-	14.0%
Real Estate	-	2.8%
Utilities	-	5.2%

Return for Risk

VUSB vs. VTV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VUSB

VUSB Risk / Return Rank: 98
VUSB Sharpe Ratio Rank: 99
VUSB Sortino Ratio Rank: 99
VUSB Omega Ratio Rank: 99
VUSB Calmar Ratio Rank: 97
VUSB Martin Ratio Rank: 98

VTV

VTV Risk / Return Rank: 79
VTV Sharpe Ratio Rank: 78
VTV Sortino Ratio Rank: 82
VTV Omega Ratio Rank: 77
VTV Calmar Ratio Rank: 79
VTV Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VUSB vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Ultra-Short Bond ETF (VUSB) and Vanguard Value ETF (VTV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	VUSB	VTV	Difference
Sharpe ratio: Return per unit of total volatility	7.10	2.61	+4.49
Sortino ratio: Return per unit of downside risk	13.16	3.74	+9.42
Omega ratio: Gain probability vs. loss probability	3.44	1.47	+1.97
Calmar ratio: Return relative to maximum drawdown	12.43	4.15	+8.28
Martin ratio: Return relative to average drawdown	71.97	15.69	+56.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VUSB vs. VTV - Sharpe Ratio Comparison

The current VUSB Sharpe Ratio is 7.10, which is higher than the VTV Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of VUSB and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VUSB	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.10	2.61	+4.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	4.14	0.81	+3.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.09	0.51	+3.58

Drawdowns

VUSB vs. VTV - Drawdown Comparison

The maximum VUSB drawdown since its inception was -1.79%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for VUSB and VTV.

Drawdown Indicators

	VUSB	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-1.79%	-59.27%	+57.48%
Max Drawdown (1Y) Largest decline over 1 year	-0.37%	-6.35%	+5.98%
Max Drawdown (3Y) Largest decline over 3 years	-0.46%	-14.52%	+14.06%
Max Drawdown (5Y) Largest decline over 5 years	-1.79%	-17.04%	+15.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.78%	—
Current Drawdown Current decline from peak	-0.02%	0.00%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.27%	-7.87%	+7.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	1.68%	-1.62%

Volatility

VUSB vs. VTV - Volatility Comparison

The current volatility for Vanguard Ultra-Short Bond ETF (VUSB) is 0.18%, while Vanguard Value ETF (VTV) has a volatility of 2.52%. This indicates that VUSB experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VUSB	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.18%	2.52%	-2.34%
Volatility (6M) Calculated over the trailing 6-month period	0.52%	7.55%	-7.03%
Volatility (1Y) Calculated over the trailing 1-year period	0.65%	10.11%	-9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.83%	13.88%	-13.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.82%	16.67%	-15.85%

VUSB vs. VTV - Expense Ratio Comparison

VUSB has a 0.10% expense ratio, which is higher than VTV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VUSB vs. VTV - Dividend Comparison

VUSB's dividend yield for the trailing twelve months is around 4.39%, more than VTV's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTV Vanguard Value ETF	1.86%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%
VUSB Vanguard Ultra-Short Bond ETF	4.39%	4.63%	5.16%	4.45%	1.56%	0.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUSB and VTV in my portfolio?

VUSB and VTV have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VUSB or VTV?

VTV has higher volatility (2.52%) compared to VUSB (0.18%). In terms of maximum drawdown, VUSB dropped -1.79% vs VTV's -59.27%.

Which ETF is better, VUSB or VTV?

On 5-year performance, VTV leads with 11.24% vs 3.43% for VUSB. On fees, VTV is cheaper at 0.04% per year. On volatility, VUSB has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VUSB or VTV?

Over the 5-year period, VTV has performed better with a 11.24% return vs 3.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VUSB or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.10% for VUSB.

Which ETF pays a higher dividend yield, VUSB or VTV?

VUSB has the higher dividend yield at 4.39%, compared with 1.86% for VTV.

What is the main difference between VUSB and VTV?

VUSB is categorized as Ultrashort Bond, while VTV is Large Cap Value Equities. Their fees differ too: 0.10% for VUSB and 0.04% for VTV.

Which has better risk-adjusted returns?

VUSB currently has the higher Sharpe Ratio (7.10 vs 2.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.