Vanguard Core-Plus Bond (VPLS) ETF Holdings & Analysis

What VPLS does

The Vanguard Core-Plus Bond ETF (VPLS) is an actively managed investment vehicle aiming for broad diversification, primarily targeting the U.S. bond market comprised of investment-grade securities. It also strategically incorporates a portion of higher-risk, below-investment-grade bonds and international debt, notably from developing economies. As a cost-efficient option, the fund allocates capital across a spectrum of fixed-income assets, including U.S. government (Treasury) bonds, mortgage-backed instruments, corporate debt, and emerging market sovereign or corporate debt. These holdings span a range of yields, durations, and credit ratings. Its strategy employs a rigorous, risk-managed methodology to surpass its designated benchmark. This is achieved through careful selection of individual securities, strategic allocation across different market sectors, and skilled management of interest rate sensitivity (duration). As is typical for fixed-income portfolios, this ETF is susceptible to interest rate fluctuations. A rise in prevailing interest rates can lead to a decline in the value of the underlying bonds, consequently diminishing the fund's net asset value. Given its anticipated moderate exposure to debt with lower credit ratings, the fund also carries credit risk. Should an issuer's financial health or ability to meet timely interest and principal obligations be perceived negatively, the value of those bonds may fall. Because this fund strategically invests across the full spectrum of the fixed-income market – encompassing various sectors, maturities, and credit qualities – it can serve as a foundational bond allocation for investors who are comfortable with an elevated level of risk within their fixed-income portfolio. It's important to note that the Vanguard Core-Plus Bond ETF operates independently and should not be confused with the Vanguard Core-Plus Bond Index ETF (BNDP) or the Vanguard Core-Plus Bond Fund (VCPIX and VCPAX). Variations in their respective sizes, investment methodologies, and specific portfolio assets are likely to result in divergent performance outcomes among these offerings.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how VPLS fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does VPLS track?

VPLS is the Vanguard Core-Plus Bond ETF, a Other ETF.

What is the expense ratio of VPLS?

Expense ratio data for VPLS is shown on the page when available from our data provider.

What are the largest holdings in VPLS?

Top holdings include MKTLIQ 12/31/2049, United States Treasury Note/Bond 3.75% 04/15/2028, PMT Loan Trust 2026-INV1 4.92% 01/25/2057, Fannie Mae REMICS 4.72% 04/25/2056, United States Treasury Note/Bond 4.00% 10/31/2029.

How can PortView analyze VPLS overlap with other ETFs?

PortView computes the holdings overlap between VPLS and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.