VGSHvsZROZETF Comparison

ETF 1

VGSH

Vanguard Short-Term Treasury ETF

This fund is part of

US Government Bonds

-0.1%

Full VGSH fund page

ETF 2

ZROZ

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF

This fund is part of

US Government Bonds

-0.1%

Full ZROZ fund page

Vanguard Short-Term Treasury ETF (VGSH) and PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 1 sector exposures: Sovereign. VGSH is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.15% for ZROZ. VGSH is up 1.6% year-to-date (YTD) with +$11.33B in YTD flows. ZROZ performs worse with -4.93% YTD performance, and +$401M in YTD flows. Run a side-by-side ETF comparison of VGSH and ZROZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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VGSH vs ZROZ performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 11/06/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VGSH ZROZ	+0.92%+11.29%	+0.69%+1.20%	+1.60%-4.93%	+2.27%-9.48%	+13.14%-3.49%	+10.92%-53.80%
Flows	VGSH ZROZ	+$1.12B-$255M	+$6.56B+$530M	+$11.33B+$401M	+$12.28B+$344M	+$14.31B+$1.06B	+$23.94B+$2.19B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VGSH ZROZ	+1.47%+18.95%	+1.31%+16.02%	+1.54%+20.51%	+1.97%+23.75%
Max drawdown	VGSH ZROZ	-0.92%-10.82%	-0.92%-20.14%	-0.96%-32.43%	-5.42%-60.87%
Max drawdown duration	VGSH ZROZ	64d73d	64d250d	122d781d	793d1797d

Trading data

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	VGSH	ZROZ
Last sale 11/6/2026 at 2:30 PM	$57.86	$59.04
Previous close 11/04/2026	$57.89	$58.94
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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	VGSH	ZROZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/6/2026 at 2:30 PM

Live

Closed

	VGSH	ZROZ
Last price	$57.86	$59.04
1D performance	-0.05%	+0.17%
AuM	$36.67 B	$1.88 B
E/R	0.03%	0.15%

Characteristics

	VGSH	ZROZ
Management strategy	Passive	Passive
Provider	Vanguard	PIMCO
Benchmark	Bloomberg US Treasury 1-3 Year Index	ICE BofA Long US Treasury Principal STRIPS Index
N° of holdings	89	21
Asset class	Fixed Income	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	November 19, 2009	October 30, 2009
ESG	No	No

More VGSH data on Trackinsight

More ZROZ data on Trackinsight

Exposure

Countries

VGSH

USA

95.19%

Other

4.81%

ZROZ

USA

95.54%

Other

4.46%

Sectors

VGSH

Sovereign

95.19%

Other

4.81%

ZROZ

Sovereign

95.54%

Other

4.46%

Diversification

VGSH

Total weight of top 15 holdings out of 15

20.67%

ZROZ

Total weight of top 15 holdings out of 15

78.22%

Top 15 holdings

Data as of September 30, 2026

VGSH

USA, Notes 3.5% 31jan2028, USD (U-2028)

2.07%

USA, Notes 4.625% 30apr2029, USD (Y-2029)

1.43%

USA, Notes 4% 31jul2029, USD (AB-2029)

1.39%

USA, Notes 3.875% 15jul2028, USD (AQ-2028)

1.37%

USA, Notes 4.25% 30jun2029, USD (AA-2029)

1.35%

USA, Notes 4.5% 31may2029, USD (Z-2029)

1.34%

USA, Notes 1.125% 29feb2028, USD (H-2028)

1.33%

USA, Notes 3.625% 31aug2029, USD (AC-2029)

1.33%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.32%

USA, Notes 4.25% 28feb2029, USD (V-2029)

1.31%

USA, Notes 4.25% 15jan2028, USD (AJ-2028)

1.30%

USA, Notes 3.375% 29feb2028, USD (AY-2028)

1.29%

USA, Notes 3.5% 31oct2027, USD (BJ-2027)

1.28%

USA, Notes 3.5% 30sep2029, USD (AD-2029)

1.28%

USA, Notes 1.25% 30apr2028, USD (K-2028)

1.27%

ZROZ

USA, STRIPS 0% 15feb2052, USD (10957D)

5.66%

USA, STRIPS 0% 15may2052, USD (10958D)

5.51%

USA, STRIPS 0% 15nov2051, USD (10957D)

5.39%

USA, STRIPS 0% 15aug2052, USD (10958D)

5.36%

USA, STRIPS 0% 15feb2053, USD (10958D)

5.35%

USA, STRIPS 0% 15nov2053, USD (10958D)

5.31%

USA, STRIPS 0% 15nov2052, USD (10958D)

5.31%

USA, STRIPS 0% 15aug2053, USD (10958D)

5.23%

USA, STRIPS 0% 15aug2051, USD (10956D)

5.23%

USA, STRIPS 0% 15may2053, USD (10958D)

5.22%

USA, STRIPS 0% 15feb2055, USD (10954D)

5.10%

USA, STRIPS 0% 15feb2056, USD (10955D)

5.01%

USA, STRIPS 0% 15nov2054, USD (10957D)

4.95%

USA, STRIPS 0% 15may2054, USD (10957D)

4.85%

USA, STRIPS 0% 15aug2055, USD (10957D)

4.75%

Frequently asked questions about VGSH and ZROZ

How have the VGSH and ZROZ ETFs performed in 2026?

As of November 6, 2026, VGSH is up 1.6% year-to-date (YTD), while ZROZ has lost -4.93%. That puts VGSH better performer ahead so far this year.

Which ETF is attracting more investor money: VGSH or ZROZ?

Year-to-date, the VGSH ETF saw +$11.33B in flows, compared to +$401M for ZROZ.

Which ETF is more volatile: VGSH or ZROZ?

Over the past year, VGSH had a volatility of 1.31%, while ZROZ experienced 16.02%.

Which ETF is bigger: VGSH or ZROZ?

As of November 6, 2026, VGSH holds $36.67 B in assets under management (AUM), while ZROZ manages $1.88 B.

What sectors do the VGSH and ZROZ ETFs invest in?

VGSH leans toward sectors like Sovereign. Meanwhile, ZROZ focuses on Sovereign.

What are the top holdings of the VGSH ETF and ZROZ ETF?

VGSH top holdings include USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.625% 30apr2029, USD (Y-2029) and USA, Notes 4% 31jul2029, USD (AB-2029). ZROZ holds in its top three: USA, STRIPS 0% 15feb2052, USD (10957D), USA, STRIPS 0% 15may2052, USD (10958D) and USA, STRIPS 0% 15nov2051, USD (10957D).

VGSHvsZROZETF Comparison

Vanguard Short-Term Treasury ETF

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF

VGSH vs ZROZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the VGSH and ZROZ ETFs performed in 2026?

As of November 6, 2026, VGSH is up 1.6% year-to-date (YTD), while ZROZ has lost -4.93%. That puts VGSH better performer ahead so far this year.

Which ETF is attracting more investor money: VGSH or ZROZ?

Year-to-date, the VGSH ETF saw +$11.33B in flows, compared to +$401M for ZROZ.

Which ETF is more volatile: VGSH or ZROZ?

Over the past year, VGSH had a volatility of 1.31%, while ZROZ experienced 16.02%.

Which ETF is bigger: VGSH or ZROZ?

As of November 6, 2026, VGSH holds $36.67 B in assets under management (AUM), while ZROZ manages $1.88 B.

What sectors do the VGSH and ZROZ ETFs invest in?

VGSH leans toward sectors like Sovereign. Meanwhile, ZROZ focuses on Sovereign.

What are the top holdings of the VGSH ETF and ZROZ ETF?

Which ETF is more diversified: VGSH or ZROZ?

VGSH holds 92 securities with 20.67% of its assets in the top 15. ZROZ has 21 securities and a top 15 weight of 78.22%.

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