VUSI vs. VCOB

Last updated Jul 14, 2026

VUSI (Voya Ultra Short Income ETF) and VCOB (Voya Core Bond ETF) are both exchange-traded funds - VUSI is a Ultrashort Bond fund actively managed by Voya, while VCOB is a Actively Managed fund actively managed by Voya. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

VUSI vs. VCOB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Ultra Short Income ETF (VUSI) and Voya Core Bond ETF (VCOB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSI achieves a -0.18% return, which is significantly higher than VCOB's -1.76% return.

VUSI

• 1D: -0.06%
• 1M: -0.25%
• 6M: -0.26%
• YTD: -0.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCOB

• 1D: -0.33%
• 1M: -0.96%
• 6M: -1.95%
• YTD: -1.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUSI vs. VCOB - Yearly Performance Comparison

	2026 (YTD)	2025
VUSI Voya Ultra Short Income ETF	-0.18%	0.66%
VCOB Voya Core Bond ETF	-1.76%	0.35%

Correlation

The correlation between VUSI and VCOB is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.54

Return for Risk

VUSI vs. VCOB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Ultra Short Income ETF (VUSI) and Voya Core Bond ETF (VCOB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

VUSI vs. VCOB - Drawdown Comparison

The maximum VUSI drawdown since its inception was -0.86%, smaller than the maximum VCOB drawdown of -3.27%. Use the drawdown chart below to compare losses from any high point for VUSI and VCOB.

Drawdown Indicators

	VUSI	VCOB	Difference
Max Drawdown Largest peak-to-trough decline	-0.86%	-3.27%	+2.41%
Current Drawdown Current decline from peak	-0.60%	-3.08%	+2.48%
Average Drawdown Average peak-to-trough decline	-0.30%	-1.41%	+1.11%

Volatility

Volatility by Period

	VUSI	VCOB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.41%	3.87%	-2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.41%	3.87%	-2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.41%	3.87%	-2.46%

VUSI vs. VCOB - Expense Ratio Comparison

Both VUSI and VCOB have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

VUSI vs. VCOB - Dividend Comparison

VUSI's dividend yield for the trailing twelve months is around 0.50%, which matches VCOB's 0.50% yield.

Position	TTM	2025
VCOB Voya Core Bond ETF	0.50%	0.49%
VUSI Voya Ultra Short Income ETF	0.50%	0.49%

Frequently Asked Questions

Can I hold both VUSI and VCOB in my portfolio?

VUSI and VCOB have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUSI or VCOB?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSI or VCOB?

VUSI and VCOB have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, VUSI or VCOB?

VUSI and VCOB have nearly identical dividend yields, around 0.50%.

What is the main difference between VUSI and VCOB?

VUSI is categorized as Ultrashort Bond, while VCOB is Actively Managed.