Vanguard has launched two new fixed-income ETFs designed to provide investors efficient, low-cost exposure to U.S. Treasury securities. The Vanguard Ultra-Short Treasury and 0-3 Month Treasury Bill ETF offer short-duration options for investors seeking flexibility and liquidity in their portfolios.
“These products serve as valuable tools for advisors and investors to build more precise and flexible portfolios, bridging the gap between money market funds and existing ultra-short-term bond offerings in the ETF wrapper,” said Sara Devereux, Global Head of Vanguard Fixed Income Group
The new ETFs will be managed by Josh Barrickman, Co-Head of Vanguard’s Fixed Income Group Indexing in the Americas.
VGUS will track the Bloomberg Short Treasury Index, focusing on Treasuries with maturities under 12 months, while VBIL will track the Bloomberg U.S. Treasury Bills 0-3 Months Index. Both funds feature an expense ratio of 0.07%, positioning them as low-cost leaders.
Managing over $2.5 trillion globally, Vanguard Fixed Income Group will advise the new ETFs, continuing its legacy of low-cost, efficient bond indexing.