Industry Distribution:

• Financial Services: 30%
• Healthcare: 25%
• Technology: 20%

TOP 3 Markets:

• USA: 60%
• Europe: 25%
• Asia: 10%

The Vanguard Short-Term Corporate Bond ETF (VCSH) mainly invests in short-term corporate bonds. Revenues come from various industries, with financial services, healthcare, and technology accounting for the largest shares. The geographical distribution shows a strong concentration on the US market, followed by Europe and Asia. This reflects the fund's global diversification and risk spreading.

Production: Not applicable

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund (ETF) and not a manufacturing company. Therefore, it does not produce physical products. The ETF invests in a diversified portfolio of short-term corporate bonds and offers investors the opportunity to invest in these bonds without having to buy individual bonds directly.

Current investment amount: 43.5 billion USD (2023)

Vanguard Scottsdale Funds - Vanguard Short-Term Corporate Bond ETF (VCSH) pursues a conservative investment strategy aimed at achieving stable returns while preserving capital. The strategy focuses on investments in short-term high-quality corporate bonds.

The growth of the ETF is supported by portfolio diversification and adaptation to market conditions. Vanguard leverages its extensive market analysis and risk management expertise to invest in bonds that offer an attractive risk-return profile.

Future growth is expected through:

• Expansion of the bond portfolio: Investing in a wider range of corporate bonds to capitalize on opportunities in different sectors.
• Optimization of cost structure: Maintaining low management fees to provide investors with competitive returns.
• Sustainable investments: Integrating ESG criteria (Environmental, Social, and Governance) into investment decisions to meet the growing demands of investors.

This strategy aims to provide investors with stable returns while remaining flexible to respond to market changes.

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that invests in short-term corporate bonds. As such, it does not import any commodities or materials, as it does not produce or trade physical goods.

The ETF invests in a variety of corporate bonds issued by different companies. These companies may import commodities or materials themselves, but the ETF itself is simply a financial product for capital investment.

If you are looking for information on the commodity imports of the companies in the ETF's portfolio, you would need to analyze the individual companies in which the ETF invests.

Assets Under Management (AUM): $45 billion (estimated for 2025)

Expense Ratio: 0.05% (as of 2023)

The Vanguard Short-Term Corporate Bond ETF (VCSH) has a significant competitive advantage, mainly due to its low cost structure and Vanguard's strong brand. With an expense ratio of only 0.05%, VCSH is one of the most cost-effective ETFs in its category, which is a crucial factor for many investors.

Vanguard is known for its efficient management and wide range of products, which strengthens investor confidence. The ETF also benefits from broad diversification and a focus on short-term corporate bonds, which are less volatile in times of interest rate changes.

Overall, VCSH provides an attractive option for investors seeking stable returns with low risk. The competitive advantage is further enhanced by Vanguard's strong market position and the continuous demand for cost-effective, passively managed investment solutions.

Institutional Investor Share: Approximately 60-70% (estimated, based on historical data from 2023)

Insider Purchases/Sales: No significant insider transactions known (as of 2023)

The Vanguard Short-Term Corporate Bond ETF (VCSH) is a popular ETF among institutional investors due to its stability and the short duration of the bonds it contains. Historically, institutional investors hold a significant share of this ETF as it provides an attractive way to diversify short-term corporate bonds.

Insider transactions are typically not relevant for ETFs like VCSH, as it is a fund and not a single company. Therefore, there are no typical insider purchases or sales as one would observe with publicly traded companies.

Market share of VCSH: Estimated around 5-7% (2025)

Main competitors and their market shares:

1. iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): around 15%
2. SPDR Bloomberg Barclays Short Term Corporate Bond ETF (SPSB): around 10%
3. Invesco BulletShares 2025 Corporate Bond ETF (BSCP): around 8%
4. iShares Short-Term Corporate Bond ETF (IGSB): around 7%
5. Schwab U.S. Aggregate Bond ETF (SCHZ): around 6%

Moat of VCSH:

Vanguard Scottsdale Funds - Vanguard Short-Term Corporate Bond ETF (VCSH) has a moderate moat, mainly supported by its low costs and the strong Vanguard brand. The low costs are a significant advantage as they maximize returns for investors. Additionally, VCSH benefits from the broad acceptance and trust that investors have in the Vanguard brand.

Compared to competitors, especially iShares and SPDR, which also offer strong brands and cost-efficient products, the moat of VCSH is not significantly superior. iShares LQD has a larger market share and provides broader diversification, which is attractive to many institutional investors.

Overall, competition in this market segment is intense, and while VCSH offers some advantages, the differences between the top ETFs are often marginal. Investors' decisions often depend on individual preferences regarding cost structure, brand trust, and specific investment strategies.

Total Expense Ratio (TER): 0.04% (2023)
Fund Size: 45.6 billion USD (2023)
Average Return of the Last 5 Years: 2.5% p.a. (2023)

The Vanguard Short-Term Corporate Bond ETF (VCSH) is known for its low costs and broad diversification in short-term corporate bonds. The Total Expense Ratio of 0.04% is extremely competitive, making the ETF a cost-effective choice for investors looking to invest in corporate bonds.

The fund size of 45.6 billion USD indicates that the ETF has reached a significant scale, pointing to high liquidity and stability. These factors are particularly important for investors who value security and ease of tradability.

The average return of 2.5% p.a. over the last five years reflects the conservative nature of the fund. The ETF is well-suited for investors seeking a stable source of income and are willing to forgo higher returns associated with higher risk.

Overall, the VCSH could be a good investment for risk-averse investors looking to invest in a diversified portfolio of corporate bonds, especially in a low-interest rate environment.

Dividend yield: 2.1% (estimated for 2025)

The Vanguard Short-Term Corporate Bond ETF (VCSH) regularly pays dividends, which are usually distributed monthly. The reliability of the distribution is high, as the fund invests in a diversified portfolio of short-term corporate bonds that typically offer stable interest payments.

VCSH's dividend yield typically ranges from 2% to 3%, depending on current interest rates and market conditions. This yield is relatively stable as it is based on the interest payments of the underlying bonds. Therefore, investors can expect a consistent payout as long as economic conditions do not change drastically.